ORDINANCE NO. 260473
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Sponsor: Councilmember Kevin O'Neill
Approving a waiver of the Code ? 3-622 requirements for the Seiden Furs Building Renovation located at 935 Broadway Boulevard.
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WHEREAS, the City Council previously approved the Central Business District Urban Renewal Plan ("The Plan") by Ordinance No. 36287 on January 17, 1969, to eliminate and prevent the spread, development and recurrence of the blighted conditions within the Central Business District Urban Renewal Area as defined in the Plan ("Plan Area"); and
WHEREAS, Iconic Preservation LLC, a Missouri limited liability company ("Redeveloper"), proposed a project within the Plan Area, located at or the Rehabilitation of the Seiden Furs Building (the "Project"), located at 935 Broadway Boulevard; and
WHEREAS, the Seiden Furs Building, a two-story commercial office building, was originally built in 1874 and is believed to be the oldest commercial building in downtown Kansas City; and
WHEREAS, the Seiden Furs Building has been subject to significant deterioration and neglect, having been vacant since approximately 2007; and
WHEREAS, the building's roof partially collapsed in 2021, leading to it being designated a Dangerous Building by the City; and
WHEREAS, since purchasing the property, the Redeveloper has stabilized the building and is planning a $1.7 Million historic rehabilitation of the building; and
WHEREAS, the Project will redevelop the property into first floor commercial space and three live/work units on the second floor, with exterior rehabilitation and the installation of new mechanical, electrical, and plumbing systems; and
WHEREAS, pursuant to Land Clearance Redevelopment Authority ("LCRA") Resolution No. 05-03-25 dated May 29, 2025, the LCRA has approved a ten-year abatement of the increase in property taxes at 100% for the Project; and
WHEREAS, Code ? 3-622 provides that no less than the prevailing wage r...
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