Latest news with #GraysonCapital
Yahoo
23-05-2025
- Business
- Yahoo
New Tribute Portfolio Hotel to go up in 18th & Vine District at Negro Leagues Baseball Museum
KANSAS CITY, Mo. — A new 132-key Tribute Portfolio Hotel will be going up in the heart of Kansas City's historic 18th & Vine District, Grayson Capital announced Friday. The new hotel will be adjacent to the iconic 30,000 square feet Negro Leagues Baseball Museum (NLBM), the real estate company said in a news release. Kansas City sets teen curfew in hopes to boost summer safety Grayson Capital said this project will be part of Tribute Portfolio Hotels, a global collection brand within Marriott Bonvoy comprised of independent boutique hotels. 'Our goal is to create more than a hotel—this is a cultural destination,' Michael Collins, CEO of Grayson Capital, said in the news release. 'We are building something that reflects the legacy of the Negro Leagues and the vibrancy of the 18th & Vine District.' 'This hotel project is a powerful extension of our mission to celebrate the history and heroes of the Negro Leagues,' Bob Kendrick, the President of the Negro Leagues Baseball Museum, added. 'It will offer our visitors a new and immersive way to experience the legacy of Black baseball and the broader cultural impact of the 18th & Vine District. We're thrilled to collaborate with Grayson Capital and Marriott International to bring this vision to life.' This development also marks a major milestone: the first majority Black-owned hotel in Kansas City since the legendary Street Hotel, which once stood at 18th & Paseo and served as a hub for Black travelers, performers and athletes. Grayson Capital said key features of the hotel will include: 'Reuben and Ella's', an upscale restaurant named in honor of Reuben and EllaStreet, the former proprietors of the Street Hotel—Kansas City's last majorityBlack-owned hotel. The restaurant will blend elevated Southern cuisine withinventive takes on classic ballpark favorites, paying tribute to the city's culinary andbaseball traditions. A rooftop bar designed in the spirit of Kansas City's most iconic cocktail venues,offering sweeping panoramic views of downtown Kansas City. It will serve as avibrant social destination for hotel guests, locals and visitors to the museumdistrict. A cultural partnership platform that will include local and national collaborationswith the Negro Leagues Baseball Museum, other area museums and professionalsports teams to offer 'stay-and-play' and curated tour packages. These packageswill allow guests to experience Kansas City's cultural legacy through museumaccess, sports events and behind-the-scenes storytelling. 'Kansas City is proud to see continued growth and private investment at 18th and Vine, which will now feature its first hotel property in generations,' Mayor Quinton Lucas said in the news release. 'I thank leaders at Grayson Capital, the Negro Leagues Baseball Museum and Marriott International for bringing investment and more visitors to see our history, explore our culture and build the future of Kansas City's Historic Jazz District.' Once the full design is complete, Grayson Capital said it will announce the construction start date. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-02-2025
- Automotive
- Yahoo
New parking garage at 18th & Vine to provide nearly 500 space
KANSAS CITY, Mo. — The City of Kansas City, Missouri, and Grayson Capital announced a partnership Thursday to develop a transit-oriented parking facility in the heart of the historic 18th & Vine District. Developers say this project will enhance infrastructure and accessibility while supporting the vibrant cultural, entertainment, and historical significance of the area. Construction begins on new Tomahawk Creek Parkway project in Leawood To support the district's growing number of events and attractions, the new garage at 1819 Lydia Avenue will provide 470 parking spaces. 'We have more than a dozen redevelopment projects in the 18th and Vine neighborhood invarious stages of progress, a signal of our commitment to deliver investment, jobs, andopportunity to the East Side of Kansas City. We are excited about Grayson's vision, creativity,and aggressive approach,' said City Manager Brian Platt. The garage will be funded through a $20 million allocation from the City Council. Visitors will gain from the facility's permanent location as a hub for transit and visitor parking. 'Kansas City is proud to enhance the 18th & Vine Jazz District, promoting its growth andpreserving its legacy as a premier cultural, entertainment, and housing district for generations tocome,' Mayor Quinton Lucas said. See the latest headlines in Kansas City and across Kansas, Missouri 'The City looks forward to building the infrastructure in parking and walkability to support thousands of residents and visitors for future developments in the Jazz District.' The parking facility is currently in the design phase and is expected to break ground later this year and will be completed in time for the 2026 FIFA World Cup. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
