Watermark Residential, a wholly owned affiliate of Thompson Thrift, acquired 23 acres of land in Kansas City, Missouri, where it plans to develop The Element by Watermark, a 276-unit class-A apartment community.
Located in Platte County at 8101 Northwest Barrybrooke Drive, the site is situated just east of I-29, the major north-south thoroughfare, providing access to major city employers and the Kansas City International Airport. Platte County is the fastest-growing county in Missouri and has experienced population growth double that of the U.S. average.
The Element by Watermark lies within the highly rated Park Hill school district and is within walking distance of a newly developed Edgewood Farms retail center that includes AMC, Freddy’s Frozen Custard, Main Event Entertainment, One Life Fitness and Texas Roadhouse.
Watermark’s planned multifamily community will consist of three-story, garden-style apartment buildings offering one-, two- and three-bedroom apartment homes. The apartment homes will feature upgraded finishes including gourmet bar-kitchens with granite countertops, stainless steel appliance packages, walk-in closets and full-size washers and dryers. Community amenities will include a clubhouse, 24-hour fitness center with state-of-the-art equipment, a resort-quality swimming pool with cabana and pet-friendly “bark park” and doggie spa.