With a new office tower in the books, Block Real Estate Services LLC has turned its attention to its next Plaza development that will shape the skyline – a familiar proposition now with a handful of tweaks.
The Kansas City promoter has changed his plans for The Madison, a luxury apartment tower on a triangular trophy site south of 46th Street between Roanoke Parkway and Madison Avenue. It now offers fewer units and would be a taller building.
Initially presented as 47Madison, Block’s project in January 2017 received city approval with 245 residences as part of a 13-story tower. Later that year, authorities gave the go-ahead to expand to 288 apartments spread over 15 floors.
Now, Block is considering 238 units in a project that, at the south end of The Madison, reaches its highest point at 16 stories, or 223 feet, up from around 200 feet in its previous version. Individual units average 1,063 square feet, although specific rent levels have yet to be decided.
The revisions correspond to an increase in individual floor heights to accommodate HVAC systems and other utilities, but without more residential floors, Aaron MesmerBlock’s senior vice president of development and acquisitions said Thursday.
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