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132
Apartments
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11,000 SF
Retail Space
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2006
Project Completion
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$21 Million
Project Cost
The Alexander Company undertook an aggressive project to redevelop one of the most blighted structures in downtown Kansas City, Missouri. The redevelopment of the Professional Building brought high-quality affordable, housing to the downtown area and drastically improved the appearance and utility of one of the downtown’s major thoroughfares.
The Professional Building’s location in Kansas City’s Central Business District makes it ideally situated to constructively build on the renaissance occurring in the city’s South Loop, which now includes the new entertainment district, the Sprint Center, and H & R Block’s world headquarters – all developed after the Professional Building’s preservation. Residents of the Professional Building Lofts benefit from a variety of recently completed projects and ambitious new investments as well as convenient access to employment and transportation options.
Comprised of 132 apartment units, the redevelopment of the Professional Building signaled the beginning of The Alexander Company’s entrance into the Kansas City market. Since the completion of the Professional Building Lofts, the Company has redeveloped the city’s former federal courthouse into 176 apartments and 12,000 square feet of commercial space.