Exact Architects Opened 929 Residences in Kansas City
The newly renovated building at 929 Walnut Street adds 44 residential units to the downtown area.
Updated on Sept. 30, 2026 in Commercial
Live Poll
Do you support converting historic downtown office buildings into residential apartments in your area?
Exact Architects has completed an $11 million renovation of the 1922-era building at 929 Walnut Street. The project introduces 44 residential units and a ground-floor restaurant to the heart of downtown Kansas City.
Why it matters
Developers launched the project to revitalize a long-dormant city corner and increase the local downtown residential population. The renovation also connects the new property to the adjacent 909 Walnut via a shared rooftop space.
The eight-story structure at 929 Walnut Street underwent an $11 million renovation process. The project, which utilizes a mix of state and federal tax incentives, adds 44 residential units to the downtown inventory.
The players
Exact Architects
The architectural and development firm responsible for acquiring and renovating the historic property at 929 Walnut Street.
Remedy
A new restaurant that operates on the first floor of the residential building.
The details
The development team utilized a combination of state and federal tax credits to fund the transition of the historic structure. The ground floor now features a restaurant called Remedy, and a future salon space is also planned for the building.
Timeline
The building was originally constructed in 1922.
Exact Architects acquired the property in 2024.
Renovations for the residential transition began in December 2025.
An opening celebration for the site was held on Tuesday, September 29, 2026.
Culture Shift
This development reflects a broader move toward adaptive reuse projects that aim to transform historic commercial districts into high-density residential hubs. Such projects prioritize urban revitalization over new construction to preserve architectural character while increasing city center capacity.
Local residents gain access to new downtown housing options and additional dining choices at the Remedy restaurant. The addition of a planned salon further expands the local services available within the historic downtown corridor.
The takeaway
Historic building renovations often require complex financing strategies involving public-private partnerships. Homebuyers and renters looking at such properties should note that these projects often include shared amenities designed to bridge old and new neighborhood infrastructure.
Further reading
For more on the latest development activity in the area, visit the Kansas City Commercial section.
Source note: This article includes information reported by The Kansas City Star.
Live Poll
Do you support converting historic downtown office buildings into residential apartments in your area?
