Expert guidance helps transform the former Westport High School into The Residences at Park 39, spurring neighborhood growth and preserving local history.
After sitting vacant for many years, the former Westport High School in Kansas City's Midtown area has been transformed into The Residences at Park 39. Led by the locally owned Park 39 development group, this renovation was made possible with the help of our MarksNelson team, who expertly leveraged both federal and state tax credits.
The result? A stunning $18.5 million in investment equity was generated from the sale of these credits, funding the revitalization of the property into a vibrant apartment complex with 138 units, blending timeless architecture with modern finishes.
Learn how historic tax credits played a pivotal role in this project and the positive impact it’s having on the community. Read the full article here!