Milhaus Breaks Ground on Apartment Community in Freight House District

Milhaus announces its newest $52 million, 193-unit community in Downtown Kansas City.

INDIANAPOLIS (Dec. 1, 2021) — Milhaus, a national award-winning developer, owner and operator of Class-A multifamily properties, today breaks ground on its latest Kansas City project. The $52 million apartment community will be located in the heart of the Freight House District with easy access to popular retail, restaurant and business hubs downtown. It will be located at 311 W. 22nd Street, Kansas City, MO, 64108.

The community will house 193 apartments, including studio, one-, two- and three-bedroom units, and 260 onsite parking spaces. The historic yet modern community will have high-quality amenities such as pet-friendly facilities, a resident lounge equipped with a coffee + tea bar and resident kitchen, conference rooms and coworking spaces, and outdoor amenities including an outdoor courtyard, aqua lounge and sun entertainment deck. For fitness-enthused residents, the site will have a high-end fitness facility with exterior bike parking and a great deal of walkability throughout the neighborhood.

This new project is immersed in history at the heart of the Crossroads Arts and Freight House Districts. Surrounded by industrial red brick buildings, warehouses, and sidewalks, Milhaus looks to pay homage to the traditional architecture by tying in the area’s history through its interior and exterior designs and strategic art and graphics with a modern twist. The apartment community will fill the gap in one of Kansas City’s famous skyline views overlooking the Crossroads District and Downtown near Liberty Memorial.

“Kansas City is booming, and Milhaus is passionate about providing residents with a home in the heart of neighborhoods where people and culture are thriving, too,” said John McGurk, Vice President of Development at Milhaus. “This project deftly combines the look and feel of the historically rich neighborhood through an industrial yet modern design with stunning views of KC’s iconic Union Station and the Liberty Memorial. The project will be a special addition that celebrates Kansas City.” 

Residents of the new community will be living just south of the Central Business District in the center of the Crossroads Arts District, a young, vibrant neighborhood with outstanding food, drink and event options. There are more than enough retail and entertainment options within convenient walking distance, but the project is also just steps away from Kansas City’s rail car with access to Downtown, River Market, and the Union Hill and Crown Center neighborhoods. 

Milhaus is capitalizing the project with equity partner Humphreys Capital. Todd Glass, Senior Managing Director of Humphreys, noted: “Our decade-long partnership with Milhaus continues to be one of absolute alignment in order to achieve the highest possible good for both the community and our investors. We are deeply invested in Kansas City and excited to be a part of this thriving submarket and community.” 

Kansas City-based UMB Bank will be providing the construction financing for the development. “We’re excited to be a part of another project with Milhaus in Kansas City,” said Ned Smith, Senior Vice President, Commercial Real Estate at UMB Bank. “UMB has deep roots in the Kansas City community for more than 108 years, and we’re thrilled to see the Freight House District continue to thrive and grow.”

Milhaus has also partnered with architect and interior design firm Helix, civil engineer Taliaferro & Browne Inc., MEP engineer Lankford Fendler & Associates, and structural engineer firm Leigh & O’Kane to bring the new KC apartment community to life. The apartment community in the Freight House District will be Milhaus’ fifth downtown Kansas City development. 

Founded in 2010, Milhaus exclusively targets secondary markets across the Midwest and Sunbelt. The company’s current portfolio includes over two dozen properties in 11 states and over 6,000 units. For more on Milhaus, visitwww.milhaus.com.

ABOUT HUMPHREYS CAPITAL

Humphreys Capital is a real estate investment company that acquires, develops, and operates income-producing, multi-sector properties including industrial, multifamily, office and retail. The firm’s investment and development focus is on dynamic cities exhibiting diverse growth across the Southeastern and Southwestern United States, where it specializes in privately negotiated off-market, mid-size deals of institutional quality. The multigenerational team provides seasoned expertise and exposure to diversified commercial real estate for accredited and institutional investors. The firm has raised approximately $350 million over six years across three funds. Visit www.humphreyscapital.com for more information.

ABOUT UMB

UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB offers commercial real estate banking, commercial banking, which includes comprehensive deposit, lending and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which includes asset servicing, corporate trust solutions, investment banking, and healthcare services. UMB operates branches throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, and serves business and institutional clients nationwide. For more information, visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn, or follow us on Twitter at @UMBBank.