Downtown Overland Park is booming with new apartment projects and a 219-unit development is expected to begin construction soon at 80th and Floyd streets.
The $49 million project, called The Vue, is being developed by Hunt Midwest and will occupy the area along the south side of 80th Street between Marty and Floyd. The old Main Appliance Center and a small office building were demolished to make way for the development.
It joins three other apartment projects in varying stages of construction in or close to downtown Overland Park: the 36-unit Market Lofts, 218-unit Avenue 80 and 41-unit InterUrban Lofts. When completed, the projects will add more than 500 apartments to the area.
“This will keep the streets a lot busier,” said Kate Sweeten of the Downtown Overland Park Partnership. “More foot traffic, more people in and out of the stores, it’s a very walkable, pedestrian-friendly area.”
Brenner Holland of Hunt Midwest said his firm believes there will be a great market for the apartments, which will be a mix of one- and two-bedroom units. Rents will range from $1,040 to $1,520 for a one-bedroom to $1,680 to $1,920 for a two-bedroom.
“We’ve been looking at the area for a long time,” Holland said. “WE love the eclectic vibe. It’s small town but there’s a lot of services that are walkable: The Farmer’s Market, the Rio theater, Homer’s Coffee.”
Holland also said the development will be conveniently located to major employment centers, noting it was a 15-minute drive to Corporate Woods and 15 minutes to downtown Kansas City.
The Vue will include a 381-space garage and 8,700 square-feet of retail. And Holland said it will live up to its name, each apartment will have a deck either overlooking the neighborhood or an interior courtyard. The courtyard will have a pool, and a outdoor cooking and entertaining space.
The apartments are expected to be completed in mid- to late 2018.
Sweeten said the surge in apartment construction in the area was encouraged by the Vision Metcalf strategy adopted by the City of Overland Park. Vision Metcalf promoted redevelopment along older stretches of the street.
She said her organization is mapping out strategies to acquaint all the new residents with what downtown Overland Park has to offer. She also said it might lure a small grocery store to the area.
“It would be nice to see a small market-grocery store,” Sweeten said. “It would be huge with so many people living here.”