An ambitious renovation project with high standards to meet, the historic Commerce Tower is a 32-story “vertical neighborhood,” housing a mix of residential, commercial and mechanical elements. With 355 market-rate apartments and forward-thinking amenities, such as a daycare, an early childhood learning center, an undergraduate/graduate university, indoor dog park, theater, greenspace and restaurants, the building was designed to attract a broad demographic. With its location tying into the city’s new streetcar project, the project serves as a connector to the rest of downtown Kansas City.
There is a strong energy efficiency component to this project; the building is certified to LEED Gold standards and is taking part in the Kansas City energy benchmarking program. It’s also part of the HUD green initiative program. The Ryan team drew on expertise with regulatory bodies of all kinds to integrate the rules and regulations related to tax incentives, MBE/WBE goals, National Historic Registry listing, LEED certification, HUD and more.
Throughout design and construction, the Ryan team applied our real estate management savvy to consider long-term operations and ownership costs in every decision.