Longhorn Opportunity Fund

Quadrant Communities moves forward with $40.9 million apartment project in Tiffany Springs

A significant residential and commercial development is set to enhance Kansas City's Northland with the introduction of Tiffany Square Apartments in the burgeoning Tiffany Springs area. Quadrant Communities has outlined plans for a 228-unit garden-style apartment complex on an 8.05-acre parcel located southwest of Ambassador Dr. and Old Tiffany Springs Rd. This $40.9 million project represents a key component of the expansive 31.3-acre master plan known as Tiffany Square

The proposed Tiffany Square Apartments will consist of five residential buildings offering a variety of floor plans, including studios, as well as one-, two-, and three-bedroom units. Residents will have access to 364 parking spaces featuring surface lots, carports, and garages. Amenities include a clubhouse, swimming pool, dog park, and pickleball courts. This development follows Quadrant's earlier success with the Edison at Tiffany Springs, a 243-unit complex that commenced operations nearby in 2022. 

The broader Tiffany Square master plan, primarily owned by the Longhorn Opportunity Fund based in Austin, Texas, envisions a total of 691 apartment units alongside multiple commercial pad sites. In August, the Kansas City Council approved a community improvement district to reimburse $6.3 million in anticipated public infrastructure costs associated with the site's development. 

Port KC has endorsed the Tiffany Square Apartments by approving incentives that include a 10-year partial property tax exemption and a sales tax exemption on construction materials. The tax incentive will phase out over a decade, starting with an 80% property tax reduction for the first five years, decreasing to 50% in years six and seven, and 30% for the final three years. This exemption is valued at approximately $3 million. In comparison, local jurisdictions are projected to collect $2.3 million in tax revenue during the same period, a significant increase from the $130,798 expected if the land remained undeveloped. Port officials emphasized that public financing was essential for the project's viability. 

Although the apartments will not feature designated affordable housing units, Quadrant has committed to contributing $1 million to the city's Housing Trust Fund. Based on previous allocations, this contribution could support the creation of approximately 73 affordable units elsewhere in the city. 

Construction is slated to begin by fall 2025 and be completed by mid-2027. The comprehensive master plan includes additional apartment communities to the west and commercial sites intended for retail, restaurants, and service businesses. Portions of the development are already advancing, with approvals secured for establishments such as Express Oil Change & Tire and a potential 7 Brew Coffee drive-thru. 

The site, previously owned by Sam's Club for a planned but unbuilt store, is now poised for transformation as part of Northland's ongoing expansion. This development aligns with the area's growth trajectory, offering new residential and commercial opportunities in the Tiffany Springs vicinity. 


Header image: A preliminary rendering of what the new 228-unit garden style apartments at Tiffany Square might look like in North Kansas City, Mo. Image courtesy of Port KC