Wichita Construction Pipeline 3Q23
MARKET SNAPSHOT
0
Existing Units
0
%
share of existing inventory uc
0
total units under construction
# 0
rank*
1 = Highest Share of Inventory UC
0
units delivering in next 4q
0
delivered in the last 4q
* Rank is based on the share of inventory (Units Under Construction/existing inventory) for the largest 150 Markets
Construction Pipeline
Pre-Planned
456 Units
Planned
0 Units
Under Construction
1,179 Units
Lease-Up
372 Units
Building Style
1,551
Garden-style
Units Under Construction
0
Mid-rise / Hi-rise
Units Under Construction
0
Single-Family
Units Under Construction
Demand v Completion
Submarket Breakdown
197 Units Under Construction
| Demand Forecast [Next 4 Quarters] | Supply Forecast [Next 4 Quarters] | Historical Delivery [10-Yr Average] |
| 10 | 197 | 110 |
250 Units Under Construction
| Demand Forecast [Next 4 Quarters] | Supply Forecast [Next 4 Quarters] | Historical Delivery [10-Yr Average] |
| — | — | 72 |
533 Units Under Construction
| Demand Forecast [Next 4 Quarters] | Supply Forecast [Next 4 Quarters] | Historical Delivery [10-Yr Average] |
| 412 | 445 | 90 |
580 Units Under Construction
| Demand Forecast [Next 4 Quarters] | Supply Forecast [Next 4 Quarters] | Historical Delivery [10-Yr Average] |
| 585 | 580 | 127 |
Wichita Construction Pipeline
The information provided in this construction pipeline map is obtained from RealPage. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.
Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.
Full Data Table
| Property Name | Submarket | Address | City | State | ZIP Code | Property Status | Construction Start Date (in quarters) | Construction Finish Date (in quarters) | Total Units | Property Structure |
|---|---|---|---|---|---|---|---|---|---|---|
| Balconies at Vickers Tower | Central Wichita/Riverside | 125 N Market St | Wichita | KS | 67202 | Pre-Planned | 145 | Tower | ||
| Gateway on Main | Central Wichita/Riverside | W Waterman St & S Main St | Wichita | KS | 67202 | Pre-Planned | 226 | Garden | ||
| HiTone Lofts | Central Wichita/Riverside | 701 E 2nd St N | Wichita | KS | 67202 | Under Construction | 04/01/2022 | 03/01/2024 | 72 | Garden |
| Meadowlark Landing | East Wichita | 2225 E Meadowlark Rd | Derby | KS | 67037 | Pre-Planned | 85 | Duplex/Triplex/Quadplex | ||
| North Andover Road & East 21st Street | East Wichita | N Andover Rd & E 21st St | Andover | KS | 67002 | Under Construction | 10/01/2022 | 01/01/2025 | 250 | Garden |
| East 17th Street North & North Gentry Drive | North Wichita/University | E 17th St N & N Gentry Dr | Wichita | KS | 67208 | Under Construction | 10/01/2022 | 09/01/2024 | 277 | Garden |
| Fairmount Flats | North Wichita/University | 1728 Fairmount St | Wichita | KS | 67208 | Under Construction | 12/01/2022 | 12/01/2023 | 50 | Garden |
| Plazzio Place | North Wichita/University | E 13th St N & N Greenwich Rd | Wichita | KS | 67206 | Under Construction | 04/01/2023 | 07/01/2024 | 40 | Garden |
| Stoney Pointe II | North Wichita/University | 11587 E Agate Ln | Wichita | KS | 67206 | Under Construction | 01/01/2022 | 10/01/2024 | 216 | Garden |
| Avante | West Wichita | 7400 W 37th St N | Wichita | KS | 67205 | Under Construction/Lease-Up | 04/01/2022 | 10/01/2023 | 372 | Garden |
| Brindle Meadows | West Wichita | W MacArthur Rd & S Meridian Ave | Wichita | KS | 67217 | Pre-Planned | Garden | |||
| K-96 & North Ridge Road | West Wichita | K-96 & N Ridge Rd | Wichita | KS | 67205 | Under Construction | 05/01/2022 | 06/01/2024 | 166 | Duplex/Triplex/Quadplex |
| Liberty Gardens | West Wichita | 13550 W 13th St N | Wichita | KS | 67235 | Under Construction | 05/01/2023 | 11/01/2024 | 108 | Garden |
Colton Howell
Senior Director
colton.howell@mmgrea.com
Richard Redding
Senior Director
richard.redding@mmgrea.com
