A new chapter is beginning on the Missouri Riverfront as the KC Current, Palmer Square Real Estate Management and Marquee Development officially break ground on a groundbreaking mixed-use district. The multi-phase, privately funded project will redevelop the waterfront and bring the vibrancy of downtown Kansas City to its riverbank.
The $1 billion development comes on the heels of the Kansas City Current’s commitment to the community, a year after the CPKC Stadium world’s first stadium built specifically for a professional women’s team opened. Construction teams have been on site since December 2024, preparing the ground for the vertical buildout of phase one.
This initial $200 million phase adds 429 multifamily units, 48,000 square feet of retail, and over two acres of public space, including a new town square and scenic riverfront promenade. These will be phased in over time, with completion predicted for 2026.
Port KC President Jon Stephens emphasized the significance of the project to revitalizing the riverfront: “Kansas City was a city built on the river, and our vision’s always been to restore that relationship by creating a lively, walkable community. We’ve built the work on trails, residential, and public space—now, thanks to the Current, this district will activate the Berkley Riverfront in ways previously unseen.”
Based at CPKC Stadium, Berkley Riverfront Park, and the Missouri River, the development will make the region a top destination. Local chefs and restaurants will be a key emphasis to make it a culinary icon, further boosting the culinary reputation of Kansas City.
Palmer Square Real Estate Management and Marquee Development are serving as co-developers of the development. The general contractor is VCC Construction, and the Architect of Record is Klover Architects with Perkins Eastman as the Design Architect.
What’s the Latest?
On June 3, 2025, the KC Current released its plan for a new waterfront park called Levee Park on the Berkley Riverfront that would bring Kansas City residents closer to the Missouri River. The proposed park would include trails, overlooks, cafe space, play areas, performance areas, and native landscaping that transform the existing referred to “riprap and weeds” into a public community asset. The move follows recent groundbreaking on apartment buildings in the area, which has been on fire since the Current’s CPKC Stadium opened its doors in 2024.
Additionally, the park will be built at no cost to the city, with Kansas City giving developers free use of the land in return for the team building, operating, and maintaining the promenade. The City Council finance committee put forward agreements on the project, although the whole City Council’s final approval is yet to be secured. The committee also resolved to create an independent entertainment district zoning allowing alcohol sales via movable bars in the riverfront zone. Developers would like to complete Levee Park during summer 2026 ahead of the FIFA World Cup, Mayor Quinton Lucas said, adding that it will transform a neglected riverfront into a place where residents and families can come together.
Read also: Construction Begins on The District, a $500M Mixed-Use Development in Round Rock, Texas
KC Current Riverfront Mixed-Use District: Project Factsheet
Project Overview
Location: Berkley Riverfront, Kansas City
Developers: Palmer Square Real Estate Management and Marquee Development
Total Investment: $1 billion (Privately Funded)
Phase 1 Details
Estimated Completion: 2026
Phase 1 Investment: $200 million
Residential Units: 429 multifamily residences
Retail Space: 48,000 square feet
Public Spaces: Over two acres, including a town square and riverfront promenade
Read also: Chicago Fire FC Unveils Plans for New $650 Million Stadium
KC Current Riverfront Mixed-Use District: Key Features
Strategically located adjacent to CPKC Stadium
Directly connected to Berkley Riverfront Park
Walkable waterfront neighborhood design
Focus on local dining experiences
Pedestrian-friendly urban hub
Project Partners
Co-Developers: Palmer Square Real Estate Management, Marquee Development
General Contractor: VCC Construction
Architect of Record: Klover Architects
Design Architect: Perkins Eastman
Read also: Miami’s $2.6B Little River District Redevelopment Moves Forward Amid Resident Concerns
