04/15/2019
If you ever needed a reason to invest in commercial & residential real estate, read this article. The Landing Mall located at 63rd & Troost is up for possible redevelopment. This is considered by most to be the hood, but if you know the area or you're familiar with the Troost corridor, you know that improvements to the area have been going on for several years, and development is increasing at a rapid pace. Now ask the question why would they all of a sudden be looking to upgrade this area??
There's been a lot of conversation about gentrification of urban neighborhoods recently. I don't believe there's really anything that can be done to stop it completely, but it can be slowed down. I believe that a healthy economy, with good racial, social & economical diversity is a major component of great city. We can sit back and complain about the gentrification, that is happening and will continue to take place in the urban core, as neighborhood & property values continue to decrease due deferred maintenance, or we can all do our part and start investing or reinvesting in the neighborhoods that many of our families grew up in so that they don't look 100% different from how they used to.
There are A LOT of opportunities for investment in single family(primary residence or rental), multi-family(duplex, triplex, fourplex, apartment buildings), vacant lots, and commercial properties, throughout the city. The fact of the mater is Kansas City is changing and those neighborhoods are going to look different. The question is do we help shape what the urban core our our city looks like or do we leave up to someone else?
Before it was renovated into Kansas City's first indoor mall, New Landing Mall previously served as an outdoor shopping center. Now, Sunflower Development Group has the property under contract.