February 23, 2018- Lee’s Summit, MO.— The stabilization of four historic buildings at Lee’s Summit’s Longview Farm has been completed, setting the stage for full restoration of several structures central to the former show farm’s future redevelopment.
“These buildings serve as a historic cornerstone for Lee’s Summit’s New Longview development area and its $80 million in ongoing housing and commercial projects,” said Mark Moberly, Director of Development with Sunflower Development Group.
The stabilization project included structural repairs and weatherization related work to prevent further deterioration of two red-roofed barns, a farm house, a dairy manger house, and the show farm’s signature arch on the north end of the property.
The City of Lee’s Summit, along with Mariner Real Estate Management, now called Platform Ventures, and Sunflower Development Group, used tax-increment financing to cover costs of the stabilization effort. Full restoration projects will be completed with assistance from TIF district revenues to fund the additional improvements.
The City of Lee’s Summit worked with developers to inspect, plan and design the stabilization work, which will help ensure responsible redevelopment of both Longview Farms and the New Longview area, according to Lee’s Summit Mayor Randy Rhoads “Because historic redevelopment can be complicated and costly, the City was mindful of not over-investing in these structures. The goal was to stabilize, weatherize and shore up the buildings in anticipation of future investment,” said Mayor Rhoads.
In December, Sunflower Development Group announced it would complete $3 million in renovations to the 101-year-old Longview Mansion, 1200 SW Longview Park Dr., by late 2018.
Sunflower Development Group is known for historic restorations of several downtown Kansas City properties, including conversions to hotel, housing and other commercial uses.
Sunflower will secure private financing for the restorations, but public financial support is still needed to cover the extraordinary costs associated with stabilizing and rehabilitating the unique structures, according to Moberly.
“Working with the City of Lee’s Summit, State of Missouri and National Parks Service to secure the TIF and historic tax credits is extremely important due to the financial gap that exists with rehabilitating each property,” Moberly said.
While work on the Mansion will begin in February, the timeline for full rehabilitation of the remaining structures is uncertain due to the need for significant new construction commercial projects in the TIF, like a new theater, to happen first.
Sunflower Development Group maintains ownership of buildings it restores and leases them to tenants.
**Picture provided by Sunflower Development Group