Epoch Developments is moving forward with a $25 million speculative office building as a Transit Oriented Development on what is now a surface parking lot at the northwest corner of Third and Delaware in Kansas City, Missouri.
The location previously hosted a cluster of train cars that served as Victoria Station, railroad-themed restaurant popular in the 1970s. In the planning and pre-leasing stage, the project is proposed as a 64,000-square-foot five-story building with office and restaurant space that will bring the total square feet developed in Kansas City by Epoch to 500,000. Construction is projected to begin in the fourth quarter of this year and be complete in late 2020.
“This project will accelerate the transformation of Delaware into a diverse destination district,” said Craig Slawson, Epoch Developments founder. “This has long been a vision of ours and we’re excited to add a work component to the mix.”
Slawson said it’s important that the new structure complement the surrounding historical buildings, so plans include features and building materials that form a cohesive aesthetic for the street. While still in the pre-leasing stage, the project is seeking a best-of-breed locally owned and managed restaurant with patio as well as potential fitness club on the first floor. Floors two through five will be commercial space and a possible floor six will have a penthouse suite with rooftop venue open to the public. Parking will be available underground.
Project partners include Slaggie Architects and Catalyst Ventures.