Star Development and Bonaventure Break Ground on 294-Unit 23rd & Swift Multi-Family Community in Kansas City’s North Market
NORTH KANSAS CITY, MO – Star Development, a fully integrated commercial real estate company with a proven track record in development, acquisitions and management, and Bonaventure, an integrated alternative asset manager focused on property development, construction and management of innovative multi-family communities in the Mid-Atlantic and Southeast regions celebrated the grand opening of 23rd & Swift, a Class A multi-family community located in North Kansas City, Missouri. Maxus Properties is an investor and will handle the property management of this project.
Star Development, based in Liberty, Mo., is leading the development of 23rd & Swift and Bonaventure is overseeing the design and construction of the property. Star Development chose to partner with Bonaventure given the company’s reputation as one of the most prolific rental housing developers in the country and its longstanding relationship with Jeff Price, Team Leader of Bonaventure design. The 294-unit property, which will include a diverse mix of one- and two-bedroom apartments, will contribute to the area’s housing supply and help revitalize an underdeveloped stretch of land near downtown.
“As a long-time resident of Northland and for someone who was born 20th & Swift in NKC, this is truly an exciting and touching project,” said Tim Harris, Founder and Managing Director of Star. Development.
23rd & Swift takes its name from its prime location on an approximately six-acre block bounded by 23rd and 25th Avenues and Swift and Buchanan Streets. Residents of 23rd & Swift will enjoy easy access to major transportation routes and benefit from the property’s proximity to all that downtown has to offer. In addition to its stunning exterior and interior design features, 23rd & Swift will offer a number of high-end amenities including a swimming pool, clubhouse, games and media rooms, fitness center, cafe-bar and computer center. The facility is expected to open in the summer of 2024.
“We are thrilled to partner with Star Development, one of the area’s most experienced and respected real estate developers, to deliver a truly transformational multi-family project,” said Dwight Dunton, Founder and CEO of Bonaventure. “This mandate demonstrates the unique capabilities of our vertically integrated platform, which has been continuously refined over two decades to effectively manage all parts of the development lifecycle. Whether we manage the complete construction of a project or partner with others, we are unwavering in our promise to provide an exceptional living experience. »
With a long track record of value creation, Virginia-based Bonaventure is recognized among residents, investors, development partners and townships for its operational excellence, creative vision and commitment to the communities it serves. .