Home » KC Current Kicks Off $1B Riverfront Mixed-Use District

KC Current Kicks Off $1B Riverfront Mixed-Use District

Home » KC Current Kicks Off $1B Riverfront Mixed-Use District

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.

Read also: Construction Begins on The District, a $500M Mixed-Use Development in Round Rock, Texas

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.
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.

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

KC Current Kicks Off $1B Riverfront Mixed-Use District
KC Current Kicks Off $1B Riverfront Mixed-Use District

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

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