II OVER $60 MILLION COMPLETED IN 2011
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DRURY PLAZA HOTEL BROADVIEW
200 Rooms
Date Completed - August 2011
Cost - $29 Million
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RIVERFRONT IMPROVEMENTS Date Completed - June 2011 Cost - $2.2 Million |
FAIRFIELD INN & SUITES WICHITA DOWNTOWN 131 Rooms Date Completed - June 2011 Cost - $11.5 Million |
CARGILL INNOVATION CENTER Date Completed - Summer 2011 Cost - $14.7 Million |
SEDGWICK COUNTY/ ROTARY FOUNDATION/ COLEMAN Date Completed - December 2011 Ribbon Cutting - January 2012 Cost - Approximately $2.3 Million |
ALBERT PALEY SCULPTURE Date Completed - December 2011 Cost - $350,000 |
II OVER $94 MILLION IN PROGRESS
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J.P. WEIGAND AND SONS REALTORS
Completion 2012
Cost - $500,000
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ZELMAN'S BUILDING
9 Residential Units (6 Studios & 3 One Bedrooms)
4,800 Sq. Feet Retail/Restaurant
Completion 2012
Cost - Approximately $1.7 Million
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THE LUX
Projected Units - 14 Condos & 36 Apartments
Mixed-use Office and Retail
Completion 2013
Cost - $20 Million
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AMBASSADOR HOTEL
117 Rooms
Completion 2012
Cost - $22 Million
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DOUGLAS BLOCK PARKING GARAGE
Completion 2012
Cost - $6 Million
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DOUGLAS BLOCK URBAN
PARK
Completion 2012
Cost - $800,000
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CENTRAL FAMILY YMCA
110,000 Sq. Feet
Completion 2012
Cost - $23 Million
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ST.FRANCIS STREETSCAPE IMPROVEMENTS
Completion 2012
Cost - $2.3 Million
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THE CATHOLIC DIOCESE
ST. MARY'S CATHEDRAL
Completion 2012
Cost - $16 Million
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COMMERCE STREET RESIDENTIAL PROJECT
Four 2-Bedroom Units
Completion 2012
Cost - $500,000
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II OVER $20 MILLION INITIATING IN 2012
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PIXIUS
Cost - $3 Million
Completion 2012
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BITE-ME-BAR-B-Q
Completion 2012
Cost - NA
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KANSAS HEALTH FOUNDATION EXPANSION
Completion 2013
Cost - $7-9 Million
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VICTORIA PARK APARTMENTS
Projected - 20 Units with a Live/Work Setting
Completion 2012
Cost - NA
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HYATT REGENCY WICHITA RENOVATIONS
Completion 2012
Cost - $1.6 Million
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II 2011 WDDC INITIATIVE HIGHLIGHTS
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NEW Downtown Economic Development Brochure
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The WDDC is pleased to provide the new Downtown Economic Development Brochure. We worked in partnership with local real-estate brokers and MJB consultants to derive the document. The document provides statistics on Downtown Wichita and visually demonstrates the unique qualities and economic opportunities our Downtown core has to offer prospective investors.
To see the entire brochure, click the thumbnail above or here.
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City of Wichita Downtown Development Incentives Policy
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The Downtown Development Incentives Policy provides a range of incentives in the form of public investments in Downtown Development Projects that are timed with and supportive of private investment. Incentives are available if a facet of the development involves the creation of public assets that have lasting public benefits and facilitate additional private investment, and if the proposed public investment is investment in public assets such as parking, streetscaping, parks or other facilities with public benefit beyond the individual project.
View more here.
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2012 Downtown Development Guide
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Find all the information you need about doing business in Downtown Wichita, including economic incentives, population, and current development
View more here.
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The Downtown Loan Consortium is made up of (12) local banks who have committed $8 million in assets for gap or mezzanine financing for Downtown projects. The consortium has a long-term vision for its involvement with Downtown's development. As loans are repaid, those funds will be placed back into the consortium so it can continue to fund additional qualifying projects
View more here.
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WDDC Design & Innovation Center
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The Wichita Downtown Development Corporation in partnership with the John S. and James L Knight Foundation, the Wichita Community Foundation and a number of private sector partners conducted the grand opening of the new WDDC Design and Innovation Center on Friday, August 26. An initiative of Project Downtown, the facility offers resources to further the development of Downtown.
It is an environment that inspires, connects and fosters strategies to further develop the economic viability of Downtown Wichita for the region.
View more here. Click the "Video" tab to see Bahia Ramos speak at the Grand Opening. Click the Resources tab to see picture from the Grand Opening.
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Annual Lecture - Carol Coletta
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In March, the WDDC continued its annual lecture series by welcoming Carol Coletta to Wichita. Carol is one of the leading experts on urban issues and is a highly sought after speaker on the success formula for cities and creative communities. One of the key messages she stressed to Wichitans is that for our city to be successful, it must have "quality of talent, quality of place and quality of opportunity." Work is under way on the 2012 event.
See more here.
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