Kansas City MF Development Secures $13M Equity Investment
The JLL team was led by Managing Director Mark Erland and Director Kevin Barron. “3rd and Grand is an exceptionally well-designed project that will benefit from its transit-oriented location with city incentives, Kansas City’s booming market fundamentals and its seasoned development team,” said Barron.
Upon completion in 2026, 3rd and Grand will be a mid-rise development with five stories above a one-story garage. It will feature studio, one- and two-bedroom layouts with amenities, including a fitness center, a lounge, and a state-of-the-art pool.
“3rd and Grand represents a visionary approach to urban living, combining luxurious amenities with a vibrant, transit-oriented location in the heart of Kansas City,” said Mike McKeen, Principal at EPC Real Estate Group and Bill Crandall, Principal at Copaken Brooks, in a joint statement.
Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!
