When it comes to multifamily conversions, a growing number of extended-stay hotel properties in Overland Park have whet out-of-state developers’ appetites. Ruttenberg Gordon Investments (RGI), a Chicago-based real estate investor, looks to rezone the La Quinta Inn & Suites by Wyndham Overland Park at 10610 Marty St. so its 143 rooms can become 143 apartments. The existing three-story hotel building could be retrofitted to house 121 studios and 22 one-bedroom units, with 194 combined existing and new parking spaces. All amenities, including a pool, will remain within an interior courtyard, site plans show.
Source: Kansas City Business Journal
