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11 more lofts coming to the Crossroads

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Trabon will convert downtown warehouse into apartments

Downtown Kansas City loft developer Tom Trabon plans to turn a building at 1518 Walnut St. into 11 rental apartments.

The $2 million rehab of the former Smith St. John building will be done by year's end, Trabon said Monday. The former warehouse was built about 90 years ago.

El Dorado Inc. of Kansas City is the project's architect. Rau Construction Co. of Overland Park is the general contractor.

The work will complement a similar conversion by Trabon of two neighboring buildings into eight apartments and street-level retail space. Those apartments are full, and the retail space is leased to two tenants, a bakery and coffee shop.

Trabon bought the buildings from David Lane. Terms of the latest purchase, completed in June, weren't disclosed. Jackson County appraises the building at 1518 Walnut St. at almost $150,000.

The buildings are in a historic district, qualifying their conversions for federal and state historic tax credits.

Charles F. Curry Co. plans a $2 million residential conversion project at 1510 Walnut St. In July, the Planned Industrial Expansion Authority abated property taxes on the improvements.

The district's transformation began four years ago when Master Realty Properties Inc. completed residential lofts in two larger buildings on Walnut Street immediately north and south of 16th Street. Trabon was an executive of Master Realty when the rental units opened in 2000.

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