$700 Million Old Indian Springs Mall Redevelopment

Home ยป Projects ยป $700 Million Old Indian Springs Mall Redevelopment

Eastside Innovation, based in Kansas, plans to redevelop the old Indian Springs mall site into a mixed-use development called Midtown Station. The project is led by co-developers Erik Murray, CEO of Oak Impact Group, and Jonathan Arnold, principal at Arnold Development Group.

The $700 million plan will cover the 45-acre former mall site and 45 additional acres to the south, including:

1,475 apartments

280,910 square feet of retail

2,900 garage parking spaces

250 surface parking spots

63 single-family homes

150 townhomes

168-room hotel

31,842 square feet of meeting space

18,085-square-foot grocery store

Two greenhouses totaling 15,934 square feet

The developers will partner with Keystone Innovation to create a 31,842-square-foot innovation campus, with potential expansion to 150,000 square feet.

“It’s a third place for entrepreneurs, from clean tech to creative industries,” Murray told the UG. “They will have podcast studios, event space, and office space for up-to-coming businesses that want a co-working environment.”

The Indian Springs Mall development will take about a decade to construct. Arnold emphasized creating a lifestyle-focused village where residents can engage in various activities.

The site includes mixed business and commercial zoning, with single-family homes to the west, Interstate 635 to the east, and commercial spaces along State Avenue to the north.

Read also:ย $1.2 Billion Lakeforest Mall Redevelopment Project, Gaithersburg

Is Indian Springs Mall closed?

Indian Springs Mall closed its last anchor store in 2001. After demolition in 2016, the property now hosts a transit center, police department, and aging agency.

Murray plans to concentrate the highest density at the site’s center. Single-family homes and townhomes will line the west perimeter. Outside The Box Developers will build greenhouses north of the innovation campus.

“We will grow the equivalent of 400 acres of annual crops, providing healthy food to our communities,” Murray said.

The project will include shops and stores, along State Avenue. Will also have shops as well as dining places and apartments in the central area with high density housing options available from upscale residences to more budget friendly choices, at 30 to 50 percent of the Area Median Income (AMI).

In the Central Green vicinity farmers markets and community gatherings will take place enough. Fire destination, to the east will hold a 168 room hotel with space for meetings. While low density residences and a daycare owned by a minority group are set to grace Tauromee Avenue. A lush green area will serve as a buffer, between this development and I. 635.Southern part of the region will feature a microgrid well.

The UG selected Eastside Innovation after a competitive process. County Administrator David Johnston noted the Indian Springs Mall redevelopment project should attract additional investors to develop nearby areas.

The project sits in an established tax increment financing district. Murray indicated the team will seek a TIF agreement similar to the previously approved Scavuzzo’s Foodservice Co. facility plan.

Read also:ย Eastland Mall Redevelopment project gets tax incentives and funding

The Midtown Station development team includes:

Mynt Systems

Continental Consulting Engineers Inc. (civil engineer)

WSKF Architects

Stantec (landscape architect)

The UG Economic Development and Finance Committee expects to review a development agreement in February.

Developers envision two greenhouses, covering more than 15,000 square feet, on the northern half of the mixed-use site.
Developers envision two greenhouses, covering more than 15,000 square feet, on the northern half of the mixed-use site.

Indian Springs Mall Redevelopment (Midtown station): Project Factsheet

Kansas City, Kansas

Project overview

Location: Former Indian Springs Mall site

Total Area: 90 acres (45-acre mall site + 45 acres south)

Total Investment: $700 million

Timeline: 10-year build-out

Development Type: Transit-oriented, mixed-use village

Development team

Lead Developer: Eastside Innovation

Co-Developers:

Oak Impact Group

Arnold Development Group

Civil Engineer: Continental Consulting Engineers Inc.

Architect: WSKF Architects

Landscape Architect: Stantec

Read also:ย San Jacinto Mall Redevelopment Project in Baytown, Texas

Indian Springs Mall redevelopment project major components

Residential

1,475 apartments (mix of luxury and affordable units at 30-50% AMI)

63 single-family homes

150 townhomes

Commercial

280,910 sq ft retail space

168-room hotel

31,842 sq ft meeting/convention space

18,085 sq ft grocery store

Innovation campus (31,842 sq ft, expandable to 150,000 sq ft)

Read also:ย Plans unveiled for US$ 1bn redevelopment of Southland Mall in Miami

Sustainability Features

Two greenhouses (15,934 sq ft total)

Equivalent to 400 acres annual crop production

Solar microgrid (southern portion)

Green buffer zone along I-635

Parking

2,900 garage spaces

250 surface spots

Indian Springs Mall Redevelopment: Zoning & incentives

Current Zoning: Mixed business and commercial use

Tax Incentives: Located within existing TIF district

Development Agreement: Under review (February 2024)

Project Phasing

Initial Development: Central Green area (north of Anne Street)

Subsequent phases to follow over 10-year period

Read also;ย South Hills Mall Redevelopment Project, Cary

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