[VIDEO] General Meeting 1/18/20

Following are the supporting documents that were given to us (and shown in the meeting).

Ice House Development/ Project Fact Sheet



· The old Waldo Antiques/Ice House building is in terrible condition due to years and years of neglect by the previous owner. So, we are constructing a new building.

· The new mixed-use building will have 44 apartments and aground floor medical professional space.

· Our goal is to provide both commercial space and “Missing Middle” type of housing in Waldo – an alternative for people who would like to live in Waldo but don’t need/want a single-family home

· The apartment residents will be new patrons and customers of the existing Waldo businesses.

· This property is located near major transit stop at 75th and Wornall to provide multiple transportation options for residents

· There will be code compliant parking: 35 surface parking spaces.

· This type of use and building size in within the Waldo Area Plan and is a comparable height to the neighboring building and billboard to the west

· High quality design from local architect

· Rents begin at under $1,000 for a studio, $1,200 for a 1BR apartment and $1,600 for a 2BR apartment

· Building will not have excessive amenities – no onsite gym, no swimming pool, no club/party room – to keep rents reasonable and because Waldo has so many amenities that we want to promote.

· We are not requesting any Tax Increment Financing (TIF) or Community Improvement District (CID) financing nor any other kind of direct government subsidy

· Due to the high cost of construction and because we are keeping the rental rates as low as we can, we are requesting a partial tax abatement for the first 10 years in accordance with “Lucas Ordinance” cap of 75% of increase in property taxes

· Starting Year 1, property taxes paid will increase $15,000 over current property taxes, providing revenue for city services and schools

Recent Posts

See All

Please enjoy this replay of our General Meeting from Saturday, January 15, 2022 We were excited to have special guest Dorna Edgar Swan, the Executive Director of the Waldo Area Business Association wh

Please enjoy this replay of our General Meeting from Saturday, November 13, 2021. It's the month for being grateful and what better way to show it by giving your support over this Holiday season to a