Flaherty & Collins Properties has closed on a $46.8 million HUD 223(f) refinance of The Yards, a mixed-use, luxury residential apartment development in the Stockyards District of Kansas City, Missouri, that first opened to residents in May 2020.
Located at 1660 Genessee St., The Yards is the biggest mixed-use residential project in the Stockyards District. The project consists of 232 luxury market rate apartment homes and 3,150 square feet of street-front commercial space and more than 9,500 square feet of amenities.
The commercial space is home to Willoughby Design, the longest, continuously running woman-owned brand design firm in the United States. The amenities include a vineyard that is maintained by Amigoni Winery.
The project obtained an ENERGY STAR design score of 95 out of 100 and is eligible for ENERGY STAR designation once occupancy requirements are met.
Comprised of studios, one- and two-bedroom apartment homes, The Yards development – designed by Kansas City architecture firm KEM Studio – is authentic to the district’s rich heritage by stitching together the iconic, modern Kemper Arena and the historic Livestock Exchange building. It first broke ground in March 2018 and was completed by early summer 2020.
