Converting Commercial Buildings to Residential Spaces: A Promising Solution for Wichita’s Housing Crisis?

The concept of converting commercial buildings into residential spaces is gaining traction across the United States, and Wichita, Kansas, is no exception. This innovative approach has the potential to address the city’s housing shortage, boost its local economy, and improve the quality of life for Wichita residents. The National, a new 10-story luxury apartment complex with co-working space and retail components, is being converted from a former office building at 150 N Main in downtown Wichita. Expected to be completed in mid-2023, the project is a significant example of commercial…

Read More

NAI Martens Blog ~ Exploring Wichita’s Prospects: an Insight into Tax Increment Financing (TIF) Districts

To facilitate the overhaul of the Union Station campus, this TIF district was established in 2014. At the heart of Wichita’s vibrant economic landscape, Tax Increment Financing (TIF) districts have played a pivotal role in revitalizing and reimagining various areas of our beloved city. As a commercial real estate brokerage, we believe it’s essential to keep the community well-informed about the impact and whereabouts of TIF districts in Wichita. This blog post is dedicated to explaining what TIF is and providing an overview of the nine active TIF districts in…

Read More