Gateway Crossing

401 N Hocker Terrace, Independence, Missouri

Acquisition & Rehabilitation - Currently in Predevelopment

Gateway Crossing is a rehabilitation project sponsored by the Independence Housing Authority in partnership with Knight Development. This project is made possible through the use of 4% LIHTC funding.

Gateway Crossing, formerly known as Hocker Heights, is home to 129 units ranging from studio to 4-bedrooms. This garden-style community was built in 1966 and features amenities such as community space, a playground, off-street parking, and more.

Our efforts at Gateway Crossing will include a full site rehabilitation, including interior and exterior improvements to each building, site improvements, and renovation of the office and community space. This rehabilitation will create an elevated quality of living for our tenants, as well as improving the site’s energy efficiency and overall accessibility.

Construction is scheduled to begin in the summer of 2025, with completion expected in early 2027. In collaboration with our partners, we are committed to a relocation plan during construction which leaves no tenant permanently displaced.

 
  • Atrium Housing

    CO-DEVELOPER

  • Knight Development

    CO-DEVELOPER

  • Independence Housing Authority

    PUBLIC HOUSING AUTHORITY SPONSOR

  • Missouri Housing Development Commission

    TAX CREDIT ALLOCATION

  • RedStone Equity

    TAX CREDIT EQUITY FINANCING

  • Perez

    ARCHITECT

  • Chase Bank

    DEBT FINANCING

  • Powell CWM

    ARCHITECT & ENGINEER

  • Snyder Construction

    CONTRACTOR

  • Royal American Management

    PROPERTY MANAGEMENT

  • Existing Site

  • Existing Building

  • Existing Community Computer Lab

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