EDCKC investment reaches all parts of our great city, impacting people, projects and ultimately, driving city-wide prosperity. FY2019 saw a significant amount of east-side investment in both projects and businesses, more than in years’ past, as this data shows:
Council District 3:
- $180 million in projects
- 2x increase (136%) in EDC-assisted redevelopment compared to the last two years
- 28% incentive-to-investment ration (the hightest in the city). The greatest amount of subsidy is going into CD 3 projects on a per-project basis. The city-wide average is ~17%.
Council District 5:
- $35 million in projects
- 3x increase (286%) in EDC-assisted redevelopment compared to the last two years
The emergence of the Troost Corridor has taken off in the last year including these projects.
Approved or under construction:
- 22nd & Troost (LaQuinta)
- 25th & Troost (Beacon House)
- 27th & Troost (Milhaus Apts)
- 28th & Troost (Wonder Lofts)
- Armour & Troost (Mac Prop)55th & Troost (Scholars Row)
Pending:
- Linwood & Troost
- 31st & Troost
- 45th & Troost
Finally, LoanUp, EDCKC’s business loan program has invested $255,000 in 3 (of 4) LoanUp businesses, which are located on KCMO’s east-side. See more at www.edcloancorp.com