Promise Place
Promise Place: Affordable Housing Meets Rapid Transit
Facility At a Glance
Location
45th & Olive
Current Status
Passed
Responding to the demand for more affordable housing in Kansas City, Missouri's urban core, the project team is delivering 101 units at 30% or 60% of Area Median Incomes. What's equally important is providing more residents with improved access to transit and mobility options. The project is sited within one block of RideKC's Prospect MAX route, which offers riders efficient transportation between downtown and 75th Street. The facility will also include bike storage for residents alongside dedicated vehicle parking, pedestrian paths between buildings, a community room, and on-site property management offices.
Progress is being made on Promise Place - 10/2025
DEVELOPMENT & CONSTRUCTION IMPACT
Transit Infrastructure Benefits
Transit-Oriented Development with proximity to Bus Rapid Transit and facilities for vehicle parking, bike storage, and sidewalk enhancements for transit access
Sidewalk Enhancements
Yes
Additional Benefits
Walk Score: 81; Bike Score: 76; Transit Score: 100
40 bike storage units
Expanded WiFi
Onsite community center with kitchen, fitness center & property management.
Total Facility Cost
$32,946,000
Total Number of Housing Units
101
ECONOMIC IMPACT
Additional Benefits
Activating underdeveloped & non-taxable church owned property
Municipal Jurisdiction
Kansas City, MO 3rd District
Traffic Congestion
Reduced due to multiple modes of transportation (KC Streetcar, RideKC Bus, bike)
Ridership Projections
114,282 to 158,003 per year
Short-term Economic Impact:
Improving housing opportunities for the 55% of area residents whose incomes are less than $25,000 per year. Strategically activates unused land to address housing demand.
Long-term Economic Impact:
Almost 80% of area residents start or end their travel using public transit primarily for access to retail, housing and jobs.
Participating Organizations
KCATA:
Finance Partner and TOCD Consultant
Government:
KCMO Housing Trust Funds; Central City Economic Development (CCED) Sales Tax District
Developer:
Vecino Group / The Nash Group, LLC
Architect:
Vecino Group / The Nash Group, LLC
