All Forum Posts by: Ognen Borissov

Also the local planning and zoning may have people just like you who have been looking at the property to do something but want help with local buy in - so if a developer who knows what they are doing were to develop those properties, your property value would go up and you win.

Grocery sounds good because of our urban core food deserts.

Is there a neighborhood association - if there is get on in and learn and get to know the other property owners and partner - if there isn't one, maybe start one - call a meeting of all the owners and city planning - in KCK - the Unified Government does a lot to work and grow their urban cure.

This is one wise advise Kim, I appreciate it!

I am obviously lacking an experience and I am not clear how the Unified government can really help. I only know that they tax everything at every move I make. Probably they have some sort of tax incentives, maybe improving the street, provide more security Cameras, more light). I just want to know what they really can help with if I go for it.

Thanks!

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Originally posted by @Lisa Hoover:

Hi Ognen,

I've been right where you are with a project in Charlotte, NC.

After years of "what ifs" I finally did the obvious... I met with several people at the city planning and zoning and BINGO... they said

"highest and best use for that address is a Medical Office Bldg, 40' tall, blah blah blah "

and they were right! Choose long experienced people on staff-- this is not a question for someone that's been working in planning for 5 years-- you want the wonderful respected old timers.

(BP wasn't around in 2010 when i started this project development.

So maybe i can save you a few $1000

aome shoe leather and the time of meeting with market study people, zoning consultants and re commercial brokers. ).

Excellent advise Lisa, it gives me direction!

Thanks!

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Originally posted by @Jonathan Schneider:

@Ognen Borissov. Completely depends on what the needs are in your local market. Is there a lack of restaurants, hair places, professional office space? What makes you think a grocery store is a good idea? Maybe you get these spaces useable or at least presentable, and advertise them for lease, renovate to suite.

Thank you for your reply, Jonathan!

I guess this is the core of my original question. The buildings have been empty for five years or so and they are not bad looking. I assume they are for rent and have the status "renovate to suite". There is a hair salon at the corner there for years but nobody else came through in all these years. There use to be a grocery store before and a lot of people are sentimental about it. It is needed but nobody makes the first step because of the crime. That's why I want to open few businesses in once, then it will become too big of a target.

I am still not clear how the planning and zoning departments can help. Just with ideas or they can arrange some financial help.

Thanks!

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Originally posted by @Chris Field:

The sky is the limit it depends on what your area would support, what zoning will allow and lastly your experience and financial abilities.

So since your the neighbor what does your local knowledge, research and experience with the area tell you?

Thank you Chris! You are correct, I should know but I am not sure I do. The area is primarily Hispanic and some black, neighboring (across the street) the oldest and still very sophisticated area of Kansas City.

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Thank you Andrew, I understand that I want more than I can control. It is not about radical transformation, it is about waking up the area and bring some positive breath to it. People are generally hesitant to start any kind of business because of the reputation of the area, but I've been here for awhile now and things are improving.

Thanks!

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I operate an apartment complex in midtown Kansas city, KS. C+ area. There are three small commercial buildings next to the complex, which been unoccupied for at least five years. One of the buildings is two floors and the other two are just street level store fronts. If I acquire these buildings, what can I do with them. How to bring people to this area. One of them could be a small grocery store, but what else?

Any ideas out there, please?

1 Vote

All Forum Posts by: Ognen Borissov

Ognen Borissov has started 1 posts and replied 6 times.

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