Drake Development Plans $180M Mixed-Use Project in Metro Kansas City
LEE’S SUMMIT, MO. — Drake Development will break ground Friday, May 17, on Streets of West Pryor, a 70-acre, $180 million mixed-use project in Lee’s Summit.
Streets of West Pryor will be situated at the intersection of Interstate 470 and NW Pryor Road, 18 miles southeast of downtown Kansas City. McKeever’s Market, the first location in the region for the grocery store, will occupy 63,000 square feet and anchor the development. At full build-out, Streets of West Pryor will feature more than 220 apartment units, a 165-room hotel and more than 160 senior living units.
Indianapolis-based Pearl Cos. is developing the apartment building, which will include amenities such as underground structured parking, a swimming pool, fitness center, multiple courtyards, and first floor access to restaurants, retail and walking trails to nearby Lowenstein Park.
“When people think of a mixed-use development, sometimes the end product falls short. It’s commonplace to have opportunities for live and play, but the ‘play’ doesn’t extend beyond shopping or dining,” says Matt Pennington, Drake Development’s president. “We wanted to extend the ‘play’ to outdoor recreation, and this was achieved through ample green space and walking trails connecting to neighboring Lowenstein Park. It was critical we tailored the site plan to include Lowenstein Park, which is a favorite among Lee’s Summit residents.”
Streets of West Pryor combines 13 parcels previously owned by eight different land owners that Drake Development began buying in 2014. Construction on Streets of West Pryor is slated for completion by the end of summer 2020.
Drake Development is a full-service commercial real estate development group based in Overland Park, Kan. that has redevelopment projects in Kansas, New Mexico, Nebraska and Missouri.
— Alex Tostado