Portfolio

Rainen Companies, LLC recently acquired and renovated the historic Pershing Building, located at 215 West Pershing Road in Kansas City, Missouri. Rainen co-developed the property with Sunflower Development Group.  The $16 million redevelopment of the 10 story, 116,000 square foot building included maintaining floors 1 thru 5 as retail and office use and converting floors 6 thru 10 into 55 luxury apartments.

The property's excellent location near Union Station, Crown Center, the IRS complex, Federal Reserve and the bustling Crossroads Arts District, along with the building's sizeable parking garage and breathtaking views of Downtown made for an attractive addition to the Rainen portfolio.

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Rainen Companies, LLC, announces plans for a $31 million apartment community designed for empty-nesters looking to free themselves from the burdens of home ownership. Liberty at Shoal Creek - located at 8800 NE 82nd Street in Kansas City, Mo. - will offer 185 one and two-bedroom apartments ranging in size from 754 to 1,354 square feet. The property will feature 7 different unit layouts to accommodate a wide range of lifestyles. Each unit will have its own patio or balcony with a storage closet; large two-bedroom units will feature two balconies. All units will have granite countertops in kitchens and bathrooms and tile backsplashes in the kitchens. Select units will feature islands in the kitchens. All units will have walk-in closets, energy efficient appliances including full sized top-loading washers and dryers and ceiling fans in all living rooms and bedrooms. All units will feature a shower while all two-bedroom, two-bathroom units will have both a shower and tub. Select units will feature 12' foot ceilings. The property will feature many standout amenities including: tavern room with an adjacent game area featuring simulated golf, a pool table, skee-ball, arcade games, ping pong and other games; movie theater and soundproof music room; beautifully landscaped outdoor lounges with adjacent bocce ball and putting green; indoor pool and hot tub; professionally equipped fitness room, yoga and pilates studio and digital fitness room; a community room with an upscale designer kitchen; private meeting and conference rooms; two on-site guest suites available for rent to visiting family and friends; and an abundance of other services and unique amenities. As part of the Village of Shoal Creek Valley neighborhood, the traditional neighborhood component of the larger Shoal Creek Valley master planned community, Liberty at Shoal Creek will be situated in close proximity to numerous retail, dining and service options found in Shoal Creek and nearby Liberty. In fact, the new community will be within walking distance of Mosaic Life Care at Shoal Creek, the Clayview Country Club and a Sprouts Farmers Market anchored retail center. Additionally, Liberty Hospital and the top-rated Shoal Creek Golf Course are just short drives away.

In 2001 Rainen Companies, LLC was selected as Co-Developer along with Hunt Midwest to develop Northgate Village, a 62 acre in-fill redevelopment in North Kansas City, Missouri. Rainen and Hunt divided the ground equally, and each independently developed their own areas. Rainen focused primarily on the rental housing components including the Gardens at Northgate Village, a seniors independent living community and CityView Urban Flats, Lofts, and City Suites, a Class A multifamily community.

In 2008 Northgate Village received a prestigious ULI Development of Distinction Award while CityView received a Capstone Award from the Kansas City Business Journal. The development has been praised and studied as a great example of infill redevelopment that incorporates the principles of New Urbanism.

The Gardens at Northgate Village has been an extremely succesful project for Rainen Companies. In October of 2013, Rainen completed construction on the 78 unit Phase 3 of the Gardens, bringing the combined total of the three phases to 258 units of high quality mixed income seniors apartments.

In December 2013, The Gardens at Northgate Village Phase 3 received a Clay County EDC Keystone Award for boosting Clay Count'sy economy and quality of life.  Rainen Companies will break ground on a 60 unit Phase 4 in 2015.

In December of 2014, Rainen Companies, LLC secured a tax credit award from the Missiouri Housing Development Commission to finance The Gardens at Northgate Village Phase 4 in North Kansas City, Missouri.

The $11 million, 60 unit project represents the latest and final phase of Rainen's highly successful Gardens of Northgate Village project.  In the total the development will include 318 units of high quality, mixed income seniors apartments.

Cityview is a 222 unit Class A multifamily property in North Kansas City, Missouri. The property offers lofts, one bedroom and two bedroom units along with a wide range of unit layouts. Cityview features a clubhouse with fitness center, pool and sand volleyball court along with detached and attached garage options.

Ballpark Lofts is a historic mixed-use building located just two blocks from Busch Stadium in downtown St. Louis. The building features 31,000 square feet of retail and office space and 53 luxury apartments, along with an adjacent, secured surface parking lot.

Whispering Hills is a 376 unit multifamily property conveniently located in the heart of Overland Park, Kansas. The property features one and two bedroom apartments, a recently remodeled clubhouse, fitness center and indoor/outdoor pool. The property also features tennis courts and a dog park.

Falcon Point is a 192 unit multifamily property located in the Northland region of Kansas City, Missouri. The property features one and two bedroom apartments as well as a recently remodeled clubhouse, fitness center and pool. The property also features a tennis court and walking trail.

In February 2001, Rainen and partners purchased The Sulgrave and Regency House Apartments on the Kansas City Country Club Plaza from Highwoods. Mr. Rainen served as a managing partner for Sulgrave Development, LLC. Ultimately Sulgrave Development converted all 281 apartment units into condominiums.

The Sulgrave, a 25-story tower, was opened for sale in late November 2001 and sold out quickly. The Regency, a 20-story tower, sold out soon after the Sulgrave sell out was complete. The project is generally considered one of the most successful condo conversions in the Kansas City area.