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PRICE DEVELOPMENT GROUP OPENS RIVERSTONE MULTIFAMILY COMMUNITY

KANSAS, CITY, MO. — Kansas City-based Price Development Group has opened Riverstone, a 324-unit multifamily community located at 8940 N. Shannon Ave. in Kansas City. The property includes 21 two- and three-story buildings, which feature one-, two-, and three-bedroom units. Property amenities include an on-staff concierge, a zero entry resort style pool, a sports court, a fitness center, and a 6,000-square-foot private club room with a plasma screen TV, a wet bar, a business center, a shuffle board table and a pool table. Bridge Construction Management provided construction services; Equity investors include CDK Pension Fund Advisors, Hammer Properties, and Enenbach & Associates. Wells Fargo Banking provided construction financing. The estimated cost of completing the project was not disclosed.

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