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KANSAS CITY, MO. — Madison, Wis.-based The Alexander Company has acquired the historic U.S. Federal Courthouse in downtown Kansas City. The company plans to redevelop the property into 176 workforce-housing apartments. The $35 million project will include 109 one-bedroom units and 67 two-bedroom units. Additionally, the property will offer 10,000 square feet of retail space. Construction began in January and completion is slated for the second quarter of 2011.