The Cordish Companies And One Light Luxury Apartments Celebrate Grand Opening

KANSAS CITY, Mo., Dec. 11, 2015 /PRNewswire/ -- The Cordish Companies and the Kansas City Power & Light District officially celebrated the opening of One Light Luxury Apartments on Tuesday, December 8, 2015, with a Grand Opening extravaganza featuring remarks by the Cordish Family, the U.S. Department of Housing & Urban Development and Mayor Sly James.  Entertainment at the event was provided by the nationally renowned local performance art group Quixotic, and hors-d'oeuvres and beverages were provided by a variety of Power & Light District dining establishments.

"One Light is a shining example of The Cordish Companies' commitment to quality and delivering best-in-class, public-private developments," said Mayor Sly James. "The Cordish Companies' Power & Light District, and now One Light, have played a pivotal role in the rebirth of downtown Kansas City. With the streetcar, Two Light Luxury Apartments and the convention hotel on the immediate horizon, the future of downtown Kansas City truly is bright."

Since the opening of the eight city block Power & Light District, downtown Kansas City has garnered national attention for its urban renaissance. The transformation has included more than $10 billion in public and private development over the last ten years, with more than 3,000 new apartment units and 1,900 hotel keys in development, and a streetcar line nearing completion. The Power & Light District is the most visited destination in the state of Missouri with over 9 million visitors per year.

"We are incredibly proud to have played a role in the renaissance of downtown Kansas City, and to have partnered with Mayor James and the City," said Blake Cordish, Vice President of The Cordish Companies. "We designed and developed One Light with the goal that it would be on par with the best apartment buildings in the country, whether in New York, Chicago or San Francisco. We believe that is what Kansas City deserves, and we are proud to say that is what we have delivered."

The 307-unit luxury apartment tower in downtown Kansas City, Missouri is downtown's first new construction, high-rise apartment tower building in 50 years, and one of the most luxurious, amenity-rich apartment communities in the country. Since the start of construction in May of 2014, One Light has enjoyed unprecedented interest, and opens with more than 80 percent of its apartments leased. Based on the tremendous demand for penthouse units, One Light added a second penthouse floor midway through construction. 

The community features studios, one-bedroom, two-bedroom and penthouse luxury apartments ranging in size from 580 sq. ft. to 1395 sq. ft. and a wide array of amenities, including a club room, entertainment kitchen with wine display wall, 21,000 sq. ft. outdoor pool deck, theater room, conference room and fitness center. One Light also enjoys direct access to the 35,000 sq. ft. Cosentino's Market Downtown and the 35,000 sq. ft. Onelife Fitness Center.

One Light's $5 million rooftop amenity space takes apartment living to a whole new level of luxury with a resort-style pool, natural stone and wood decking, three fireplaces,  three outdoor flat screen TV's, two outdoor kitchens with grilling stations, nine expansive cedar cabanas and a 60-foot walk-up and swim-up bar.  

"Our goal in developing One Light was to offer our residents all the luxury and amenities of a resort lifestyle without having to sacrifice the convenience, energy and excitement of a vibrant downtown," said Nick Benjamin, Executive Director of the Kansas City Power & Light District and Director of Multifamily Development for The Cordish Companies. "Our residents will have year-round access to a rooftop pool and bar, a resident -sommelier and room service from more than a dozen downtown restaurants while at the same time living steps away from a grocery store, a full service fitness center, downtown's arenas and performing arts halls, the KC Streetcar, KC Live! and the central business district. We believe this is what the future of urban living looks like—everything for everyone, all in one place."

One Light is the first of four luxury apartments The Cordish Companies will build in downtown Kansas City. Each will feature a similar amenity and entertainment-rich lifestyle, a calling card of all of The Cordish Companies' projects in the gaming, hospitality, urban development and multifamily spaces.

About One Light Luxury Apartments
The first new construction high-rise apartment building in the history of downtown Kansas City, One Light rises 25 stories at the corner of 13th and Walnut Streets in the heart of downtown Kansas City's Power & Light District. The community features studios, one bedroom, two-bedroom and penthouse luxury apartments ranging in size from 580 sq. feet. to 1395 sq. feet. Building amenities rival those of any luxury apartment building in the country, and its central location puts residents steps away from Kansas City's most popular cultural and entertainment destinations including the Kauffman Center for the Performing Arts, Sprint Center, KC Live!, Arvest Bank Theater at The Midland, Alamo Drafthouse Cinema, City Market, the Crossroads Arts District and dozens of restaurants, bars, galleries and shops. Anyone interested in living in One Light should register online at www.onelightkc.com or stop by the Leasing Center at 1251 Main Street where applications and deposits are being accepted to reserve units. The model apartment on the 4th floor of the One Light tower recently opened and is available for tours by appointment.

About The Cordish Companies
The Cordish Companies' origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Real Estate Development, Gaming & Hospitality, Entertainment Management and International Urban Planning. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. Prime examples are The Cordish Companies' prominent role in the redevelopment of Baltimore's world famous Inner Harbor; Philadelphia, PA; Atlantic City, NJ; Charleston, SC; Houston, TX; Louisville, KY; Kansas City, MO and St. Louis, MO. In addition, The Cordish Companies has developed and operates multiple highly acclaimed entertainment destinations throughout the United States which welcome over 50 million visitors per year and are the most visited destinations in their respective regions. Over the generations, The Cordish Companies has remained true to the family's core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created. For more information visit www.cordish.com.

Cordish Collection, The Cordish Companies, The Cordish Company, and Cordish are trade names for a group of multiple legal liability companies and partnerships ("Cordish Entities").  Each Cordish Entity is owned by a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities.  No common operations or financial interdependency, and no intermingling of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, as a result of the potential common reference to multiple entities under the names "Cordish Living," "Cordish," "The Cordish Companies" or "The Cordish Company" here or elsewhere.  

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