April 22, 2024 – National Women’s Soccer League (NWSL)
Kansas City Current News Release
KANSAS CITY, Mo. – Kansas City Current, in collaboration with Palmer Square Capital Management, Marquee Development, and the Port Authority of Kansas City, Mo. (“Port KC”), unveiled plans for the next phase of its transformational development on the Missouri Riverfront in downtown Kansas City. Building upon the opening of CPKC Stadium, the first purpose-built women’s professional sports stadium in the world, the Current will develop a mixed-use district anchored by the stadium, Berkley Riverfront Park, and the Missouri Riverfront.
To continue the KC Current’s unprecedented commitment to women’s sports and the Kansas City region, this next phase will add $200mm+ in private funding, with all phases of the development exceeding $800mm in total investment. The project will break ground at the end of 2024, targeting a 2026 completion date.
The development will extend the fabric of Kansas City directly to the water’s edge, providing a one-of-a-kind, pedestrian-focused experience for Berkley Riverfront residents, KC Current fans, and visitors alike. Along with adding hundreds of multi-family residential units to the neighborhood, the project will create new public gathering and recreational spaces intended for all Kansas Citians – including a new town square and a riverfront promenade – continuing the work by Port KC to bring life and vibrancy to the Missouri Riverfront. Food and beverage offerings will showcase local restauranteurs, creating a new destination for the community and unique amenities for adjacent neighborhoods. The public gathering areas will be programmed year-round, with family- friendly events like movie nights, food festivals, fitness classes, live music, and more.
The district will attract more visitors to the Berkley Riverfront area and drive economic growth, housing opportunities, and job creation for Kansas City and the State of Missouri. An economic impact study estimates the first phase of this project will deliver over $210mm and $310mm of City and State economic output, respectively, over 30 years. Additionally, 10% of residential units across all phases of the development will be set aside for residents at a 50% Area Median Income affordability threshold – creating hundreds of new affordable units for the City across all phases of the development.
Angie Long, co-founder and co-owner of the KC Current said, “Kansas City was founded at the confluence of…