The Kansas City multifamily market is evolving fast, and the recent panel hosted by Capitol Federal brought together some of the region's top voices to share insight, strategy, and predictions for the sector's future. Alex Goodpaster, Senior Commercial Lender at Capitol Federal, was the trusted moderator who led the conversation with key players in the industry including:
Austin Bradley, Development Partner, EPC Real Estate Group
Theresa Sipe Curtis of NSPJ Architects
Devon Coffey of Milhaus
Alex Goodpaster, Commercial Lender, Capitol Federal
Mike Langford, President, Ronco Construction
Scott Rosemann, Principal, Rosemann & Associates
The panel opened with optimism about the strength of the KC market. Despite national uncertainty, Kansas City continues to lead the Midwest in rent growth and occupancy. With fewer new deliveries in the pipeline, many expect demand to remain strong in the coming year. The market’s mix of affordability, quality of life, and increasing institutional investment keeps it on the radar for developers and investors alike.
Suburban markets have taken the spotlight in recent years due to construction cost advantages and land availability, although downtown continues to draw interest with major projects like the new soccer stadium and Panasonic plant. Panelists noted that the key to success lies in flexibility—both in design and financing. Creating spaces with adaptable amenities and building strong public-private partnerships will be critical to meeting future demand.
Another strong theme: people-first design.
Tenants are seeking resort-style amenities, smart tech integrations, and spaces that foster community. Panelists highlighted a shift in consumer behavior where renters are willing to pay more for thoughtful features like dens, concierge services, and communal areas.
Looking ahead, the panel addressed challenges such as new building code changes, rising costs, and shifts in investor expectations. Collaboration with municipalities, nonprofit partnerships, and creative planning were discussed as strategies to address housing affordability and workforce housing needs.
The panel wrapped with a lively Q&A, prizes, and a trivia challenge forecasting a projected rent increase of 4% in 2025-2026—another sign that KC's multifamily market remains one to watch.