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City of Hutchinson and Meyer Landmark LLC Awarded $1.7 Million Grant from Kansas Housing Resources Corporation for Landmark Apartments Project

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By the City of Hutchinson

 

HUTCHINSON, Kan. — The City of Hutchinson is thrilled to announce that it has been awarded a $650,000 grant from the Kansas Housing Resources Corporation (KHRC) as part of the Kansas Moderate Income Housing (MIH) Program. In addition, Meyer Landmark, LLC has been awarded $1,200,000 in Kansas Housing Investor Tax Credits (KHITC) for the proposed Landmark Apartments project.

In collaboration with Justin Pregont of Pomeroy Development, Meyer Landmark, LLC, owned by Michael and Laura (Meyer) Dick is set to embark on a transformative $13.5 million adaptive reuse and historic preservation project. This initiative aims to breathe new life into the long-vacant and blighted downtown Hutchinson building, formerly known as the Landmark Hotel, by creating forty new apartment units.

The Landmark Hotel, originally constructed in 1923 and initially known as the Stamey Hotel, holds significant historical value for Hutchinson. Once revered as the premier hotel in the area, boasting a grand lobby and first-floor restaurant, the building has languished in disuse for years.

Laura Meyer Dick, reflecting on the inspiration behind the project, shared, “During my fundraiser calls for the Downtown Master Plan project, someone asked me to consider saving the Landmark Building because of the impacts it would have on Downtown Hutchinson. I could not get that idea out of my head.” She continued, “I arranged a tour of the building, and once I was inside, I quickly was able to see past the mess of stripped pipes, wires, and pigeon feathers from years of neglect. I saw the old charm and beauty of this historic building. My husband Michael and I are so excited to execute our vision for what this could be for our community.”

Mary Grace Clements, interim City Manager, expressed gratitude for the grant award, stating, “This generous funding from the Kansas Housing Resources Corporation represents a significant milestone in our efforts to revitalize downtown Hutchinson. The Landmark Apartments project will not only restore a cherished historical landmark but also provide much-needed housing options for our community.”

Mayor Greg Fast also commented on the award, saying, “The Landmark Apartments project is a testament to our community’s resilience and commitment to preserving our heritage while fostering economic growth. This investment will invigorate our downtown area, creating opportunities for both residents and businesses to thrive.”

The Landmark Apartments project aligns with the City of Hutchinson’s commitment to economic development and historic preservation, fostering a vibrant downtown that residents and visitors alike can enjoy.

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