/PRNewswire/ The Cordish Companies and Kansas City Power & Light District today officially commenced construction on Three Light Luxury Apartments with a.
/PRNewswire/ The Cordish Companies and Kansas City Power & Light District today officially commenced construction on Three Light Luxury Apartments with a.
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RICHMOND, Va., May 12, 2021 /PRNewswire/ The Cordish Companies announced today a historic achievement in providing opportunities for generational wealth building for Minority communities. The Company, along with its 50% Minority partnership team led by prominent Virginia businessman and Pro Football Hall of Fame legend, Bruce Smith, shared it has achieved $180 million in direct Minority investment for the proposed $600 million Live! Casino & Hotel Richmond resort. The Company will also be offering additional investment opportunities for small, Richmond-based Minority companies and individuals to participate in the project. With a combined $360 million of equity investment in the project, Live! will carry half the debt of the competing proposal and ensure the financial viability and success of the development.
The Cordish Cos. to Start 2 Kansas City Projects
The firm is developing a 288-unit high-rise and transforming an office building into affordable housing. Apr132021
Image courtesy of The Cordish Cos.
The Cordish Cos. is scheduled to begin construction of the $140 million, 288-unit Three Light Luxury Apartments development in downtown Kansas City, Mo., in May and the Midland Lofts, a 139-unit, affordably priced adaptive reuse project, this summer.
Three Light is expected to deliver in May 2023 and the Midland Lofts renovations are slated for completion in late 2022.
The two projects will create more than 1,000 construction jobs and a sense of optimism for future of the city’s downtown Power & Light District following the pandemic, according to Nick Benjamin, executive director of the Power & Light District and managing director of multifamily development for The Cordish Cos.
One Cardinal Way Earns Top Industry Honors By National Association of Home Builders
One Cardinal Way Awarded Two Best in American Living™ Awards by NAHB
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ST. LOUIS, March 10, 2021 /PRNewswire/ The St. Louis Cardinals and The Cordish Companies are excited to announce that One Cardinal Way has been awarded two Best in American Living™ Awards (BALA) by the National Association of Home Builders (NAHB). The luxury residential tower located in Ballpark Village in Downtown St. Louis was recognized as the 2020 Best in Region for the Central Region of the United States. One Cardinal Way was also awarded the Platinum award for Multi-Family Development 8 Stories & Over, For Rent.