COVID-19 Information - Stay up to date on mask orders, guidelines, vaccine, testing and local information.

Search Public Works News

Public Works News Archive

Tags

Public Works News

  |   Views: 2540

Partnership Announced for Downtown Market Plaza

Partnership Announced for Downtown Market Plaza

A long-term strategic vision for downtown Lee’s Summit is becoming a reality as the City of Lee’s Summit officially announces a partnership with LANE4 Development Group and Biederman Redevelopment Ventures to develop the Downtown Market Plaza, a redevelopment project located near Southeast Green Street and Southeast Third Street.

City Council approved a development structure agreement during its meeting on April 20, naming LANE4 Development Group as the master developer of the project and Biederman Redevelopment Ventures as the manager. The two firms received unanimous support from a selection committee comprised of four members from the City and three members from the Downtown Lee’s Summit Community Improvement District. The conceptual plan for the mixed-use Downtown Market Plaza consists of a permanent farmers market, conservatory, boutique hotel, mixed-use commercial building, outdoor performance area, apartment complex and courtyard.  

“We are looking forward to working with our partners to bring to life an inviting, accessible community space that will richly enhance our already vibrant downtown,” said Mayor Bill Baird. “The Downtown Market Plaza will provide a variety of experiences and activities for residents and visitors alike, making it a premier regional destination.”

As the master developer, LANE4 Development Group will collaborate with numerous stakeholders and the community to develop a preliminary design for the public components of the project, evaluate options for the private components of the project and assess financing options. LANE4 is based in Kansas City, Mo. and has a successful record of developing projects that serve the community. Previous projects include the Red Bridge Shopping Center in Kansas City, Mo., Corinth Square in Prairie Village, Ks. and 39Rainbow in Kansas City, Ks.

“We are extremely excited about the Downtown Market Plaza. This project embodies so many of the characteristics that LANE4 strives to incorporate into every project we take on: a true, community-focused destination that will not only invigorate the site of the project itself, but will build upon and add to the already memorable shape and character of the City of Lee’s Summit as a whole,” said Owen Buckley, president and founder of LANE4 Property Group. “We are anxious to dig in and get to work exploring the possibilities for the site, and unlock the potential we know is there.”

Biederman Redevelopment Ventures will serve as the manager of the project, developing programming and management plans for the public area components of the Downtown Market Plaza in close coordination with the City, Downtown Community Improvement District and Downtown Lee’s Summit Main Street. Based out of New York, Biederman Redevelopment Ventures specializes in placemaking, creating public spaces that are inviting, safe and active. The firm operates parks, plazas and public spaces throughout the country.

“We could not be more excited about working with the very capable Lee’s Summit mayor, council and other stakeholders on their vision for the Downtown Market Plaza,” said Dan Biederman, president of Biederman Redevelopment Ventures. “The energy of the downtown merchants and the multiple arts entities in the city will make our task much, much easier. And Lane4 loves the city and will be a great partner!”

City Council also gave initial approval to a cooperative agreement with the Downtown Lee’s Summit Community Improvement District for the funding of the Farmers Market Pavilion. The pavilion is a key public component of the overall project. The Downtown Community Improvement District will contribute up to $120,000 for the schematic design, engineering and construction documents for the Farmers Market Pavilion and up to $4 million over 20 years for construction of the pavilion. In addition to the initial approval of the cooperative agreement, City Council approved a budget amendment allocating approximately $3.5 million from the sale of surplus properties to the Downtown Market Plaza project fund.

In April 2013, Lee’s Summit voters approved a $2,898,000 general obligation bond for the purpose of constructing and rehabilitating public improvements for cultural arts, including improvements to the Legacy Park Amphitheater, rehabilitating the former city hall building, and the creation of a downtown performance and festival space.

“The construction of a permanent farmers market space and a small outdoor performance venue has been a desired outcome for many years. City staff is excited and ready to begin the partnership project between the City, downtown community and the private investor,” said City Manager Steve Arbo.

For more information about the Downtown Market Plaza, visit cityofLS.net/downtown-farmers-market-and-conservatory.

Print

Latest News

City Crews Prepared for Snow this Weekend Feb. 6-7

City Crews Prepared for Snow this Weekend Feb. 6-7

The City’s crews pre-treated residential streets with salt today, Friday, Feb. 5, in anticipation of snow this weekend. Crews are scheduled to begin working at 7 a.m. on Saturday, Feb. 6, and will work mainly on primary and secondary streets as snow falls. Crews will work around the clock to plow and treat streets as needed throughout the weekend. The Kansas City area could see one to three inches of snow on Saturday, with another chance of snow on Sunday,...
Refreeze Possible Tonight, Thurs., Feb. 4

Refreeze Possible Tonight, Thurs., Feb. 4

***UPDATE*** Pavements have dried and crews completed operations at 3:30 p.m. The City’s crews are expected to treat streets with salt as needed today, Thursday, Feb. 4, and into the evening as a refreeze of pavements is possible. Streets may become slick as temperatures fall and wet pavements from light rain and snow showers refreeze. Drivers should use caution, especially on elevated surfaces such as bridges and overpasses. The City will continue to...
City Crews Set to Complete Treating Streets Today, Wed., Jan. 27

City Crews Set to Complete Treating Streets Today, Wed., Jan. 27

The City’s crews plowed and treated primary streets early today, Wed., Jan. 27. As pavement temperatures increased and snow started melting, plowing no longer became necessary and crews began treating secondary and residential streets with salt. Crews are set to complete treating residential streets this afternoon. A refreeze of wet pavements is possible overnight into Thursday, Jan. 28. Even with treated streets, drivers should use caution especially on...
City Crews Prepared for Winter Weather Expected Early Wed., Jan. 27

City Crews Prepared for Winter Weather Expected Early Wed., Jan. 27

The City’s crews pre-treated streets today, Tuesday, Jan. 26, in anticipation of snow expected overnight into Wed., Jan. 27. Crews are scheduled to report at 7 p.m. tonight to continue preparing for the storm, which could produce up to three inches of accumulating snow for Lee’s Summit. The City will continue to monitor the weather forecast and update its response accordingly.

Refreeze Possible Early Tuesday, Jan. 26

Refreeze Possible Early Tuesday, Jan. 26

***Update*** Due to the potential for freezing drizzle overnight, City crews are now scheduled to report at 1 a.m. to treat streets as needed. The City has a crew scheduled to report at 3 a.m. on Tuesday, Jan. 26, to monitor and treat primary streets as needed before the morning commute. Wet pavements from overnight precipitation may freeze due to falling temperatures early Tuesday. Streets may be slick and residents should use caution while driving,...
First357Last