Wardell & Holmes | Johnson County Development Report

$87 Million Secured.
Construction Next.
Meridian at Brookridge Moves Forward.

After years of planning and delays, the proposed $2 billion Meridian development in Overland Park has reached a significant financing milestone. Here's what the newly secured loan, anticipated November construction start and ongoing zoning discussions mean for Johnson County real estate.

October 29, 2026 | Overland Park, Kansas

Overland Park Mixed-Use Development | October 2026

One of Overland Park's largest and longest-discussed redevelopment projects is moving closer to its first major phase of vertical construction.

On October 23, 2026, the Kansas City Business Journal reported that Curtin Property Company secured an $87 million loan for Meridian at Brookridge.

The financing milestone comes as the developer prepares to begin constructing the project's first apartment building in November.

Meridian is the proposed approximately $2 billion mixed-use redevelopment of the former Brookridge golf course near 103rd Street and Antioch Road in Overland Park, Kansas.

The broader master plan includes apartments, office space, retail, hospitality, entertainment facilities and public green space.

While infrastructure work has already begun, the project has experienced years of changes to development timelines and financing arrangements.

That makes the latest financing announcement particularly noteworthy.

A proposed master plan establishes a development vision, but securing construction financing is a separate step toward delivering an actual building.

THE BIG TAKEAWAY: Meridian has secured $87 million in financing for its first phase, with apartment construction anticipated to begin in November 2026. This is a meaningful development milestone. However, financing one building does not mean the entire $2 billion master plan is funded, under construction or guaranteed to be completed.

Meridian at Brookridge: October 2026 Snapshot

New Financing $87M Loan reported October 23
Long-Term Master Plan ~$2B Proposed total investment
Redevelopment Site 212 Acres Former Brookridge golf course
Planned Housing 2,035 Apartments at full buildout
First Mixed-Use Building 317 Planned apartments
Construction Target Nov. 2026 First apartment building

Sources: Kansas City Business Journal, October 23, 2026 and October 9 mixed-use development reporting .

What Is Meridian at Brookridge?

Meridian is a major mixed-use development planned for the former Brookridge golf course in Overland Park.

The site encompasses approximately 212 acres near 103rd Street and Antioch Road, close to Interstate 435.

Curtin Property Company first introduced the redevelopment concept in 2014.

The project is intended to transform the former golf course into a district combining residential and commercial uses.

At full buildout, the master plan has been described as including:

  • Approximately 2,035 apartments
  • Up to 1.8 million square feet of office space
  • Retail and restaurant space
  • Hospitality uses
  • A planned 3,500-seat performance venue
  • Structured parking and public green space
  • Internal streets and supporting infrastructure

The components are part of a long-term development vision.

They should not be interpreted as buildings already completed or leased.

The developer intends to complete Meridian through multiple phases, with individual buildings dependent on financing, market conditions and applicable approvals.

Why the $87 Million Loan Matters

Securing financing is one of the most important steps in moving from a development concept to vertical construction.

Large mixed-use projects typically require substantial capital before individual buildings can generate income.

Those costs can include engineering, site preparation, utilities, construction, professional services and financing expenses.

The October 23 report confirmed that Curtin Property Company had secured an $87 million loan associated with the first building phase.

Follow-up reporting on October 28 indicated that the developer had secured the private financing needed for the initial building and completed steps required for a building permit.

Those developments move the project closer to construction.

However, a secured loan does not mean construction has already begun.

Nor does it finance every component of the overall Meridian master plan.

IMPORTANT FINANCING DISTINCTION: The $87 million loan relates to the development's initial building phase. The approximately $2 billion figure represents the broader proposed master plan. These amounts should not be treated as equivalent or as evidence that all phases are funded.

What Will Meridian's First Building Include?

Previous planning documents and development reporting describe the first major mixed-use building as a project with approximately 317 apartments and 12,500 square feet of ground-floor retail.

The first building has been described as an approximately $120 million development.

Curtin Property Company has been working with EPC Real Estate on the initial mixed-use component.

The reported development schedule has targeted October 2029 for completion of the first building and associated street and infrastructure improvements.

That date remains a development target rather than a guaranteed delivery date.

For investors and commercial property owners, the project offers an example of residential-led mixed-use construction.

Housing can be introduced before the remaining office, hospitality and entertainment components are fully developed.

Why Has Meridian Taken So Long?

The Brookridge redevelopment has experienced numerous planning and financing challenges since its original introduction.

The project requires substantial infrastructure across a large site.

Infrastructure work began in August 2023, but the beginning of site work did not result in immediate construction of the planned mixed-use buildings.

Over the years, Curtin has requested changes to deadlines and development agreements.

Those requests have been associated with financing conditions and project timing.

In July 2026, Overland Park approved a revised development agreement addressing financing and deadlines.

The revised agreement included changes to the project's bond allotment, construction schedule and community improvement district timing.

The development has also remained subject to planning review for certain revised components.

The new financing milestone is significant because it addresses one of the practical requirements for beginning vertical construction.

Infrastructure Work Is Not the Same as Vertical Construction

For large redevelopment projects, site preparation and vertical construction are separate phases.

Infrastructure work may involve streets, grading, utilities, stormwater systems and other site improvements.

Vertical construction begins when the actual buildings start rising above the prepared site.

Meridian illustrates why that distinction matters.

Development Stage Meridian Status
Master Planning Long-term mixed-use development concept established and revised
Infrastructure Work began in 2023
Initial Financing $87 million loan secured in October 2026
First Building Construction anticipated to begin November 2026
Remaining Phases Long-term plans subject to funding, market conditions and approvals

For developers, a project that has completed infrastructure work may still require separate financing and final approvals before the next building can begin.

What Meridian Means for Overland Park's Housing Market

At full buildout, Meridian could introduce more than 2,000 apartments to Overland Park.

That represents a substantial potential addition to the city's long-term rental housing inventory.

However, Meridian's entire master plan should not be counted as near-term available housing supply.

The initial residential building represents only a portion of the planned development.

Future housing delivery depends on the timing of later phases.

For multifamily investors, this distinction is important.

New apartment supply can influence rents, occupancy, concessions and lease-up periods within a submarket.

But the effect will depend on how many units are actually delivered, when they become available and the rents they target.

Why Residential Construction May Come Before Commercial Development

Mixed-use projects typically include multiple property types with different financing and leasing requirements.

Residential, office, retail and hospitality components may each require separate underwriting.

In a phased development, an initial apartment building can establish residential activity within a district before later commercial components open.

That sequence may provide future retail and service businesses with a nearby resident population.

However, those benefits are not guaranteed.

Retail and restaurant leasing still depend on actual demand, location, access and commercial economics.

Residential

Rental units can establish an initial population, but lease-up depends on pricing and local demand.

Retail & Dining

Commercial tenants may benefit from residents and office activity, but each use must support its own leasing economics.

Office & Hospitality

Later phases may require different financing, tenant commitments and market conditions.

Overland Park's October 19 Zoning Discussion

Meridian's latest financing milestone comes as Overland Park continues reviewing its broader development policies.

At its October 19, 2026 meeting, the Overland Park City Council held a work session on proposed changes to the city's Unified Development Ordinance, or UDO.

The discussion focused on open-space requirements, landscaping, development amenities and greater housing diversity.

City staff presented potential approaches to making development standards more consistent and adaptable to different property types.

The work session also addressed how zoning requirements could apply to established neighborhoods, commercial corridors and new developments.

These were policy concepts under review, not newly enacted zoning requirements.

What Zoning Changes Is Overland Park Considering?

The UDO discussion included several possible policy directions relevant to residential and commercial development.

Policy Topic Potential Development Impact
Open Space Could affect how much land must remain available for landscaping, recreation or natural features
Development Amenities Could introduce different amenity expectations by project type and zoning district
Housing Diversity Could influence future options for infill and different residential building types
Alternative Compliance Could provide additional flexibility where standard design requirements are difficult to apply
Landscaping & Trees Could affect site layout, tree preservation and construction costs

According to the October 19 work-session summary, Council members discussed the need to balance landscaping and open-space goals with housing construction costs.

There was support for flexibility based on development type and location.

Council members also discussed allowing alternative compliance approaches rather than requiring formal deviations in every situation.

No final new minimum open-space percentage or citywide landscaping requirement was enacted through that discussion.

Future UDO drafts and formal adoption steps will determine which requirements, if any, ultimately change.

IMPORTANT ZONING DISTINCTION: Overland Park's October 19 UDO discussion was a policy work session. Proposed requirements for open space, amenities, landscaping and housing types remain subject to further review and adoption. Developers should continue using current enacted zoning requirements while monitoring future changes.

Why Zoning Changes Matter for Smaller Infill Projects

Large developments like Meridian often receive considerable attention, but changes to a city's zoning rules can also affect much smaller projects.

Townhomes, duplexes, small apartment buildings and commercial redevelopment sites all depend on site design and land-use requirements.

Open-space requirements can influence the amount of land available for building footprints.

Landscaping requirements can affect site work, maintenance and construction budgets.

Parking, access and pedestrian connections can also influence project feasibility.

For infill development, flexible standards may be especially relevant when working within existing streets and utility networks.

However, potential regulatory flexibility should not be assumed until the final ordinance language has been adopted.

What This Means for Johnson County Commercial Real Estate

Meridian's financing milestone offers another example of how major mixed-use projects are reshaping commercial real estate discussions in Johnson County.

Older or underutilized properties are being reconsidered for combinations of residential, office, retail and community uses.

For property owners and investors, the most important considerations include:

  • The timing of actual construction
  • The number and type of units delivered
  • Nearby competing development
  • Transportation and infrastructure improvements
  • Commercial tenant demand
  • Changes to zoning and site-design requirements
  • Financing conditions for future phases

A large master plan may influence market expectations, but the actual effect on surrounding properties will depend on project delivery and local demand.

Overland Park & Kansas City Investment Real Estate

Plans Create Potential. Financing Moves Projects Forward.

Wardell & Holmes Real Estate serves residential buyers, sellers, developers and investors across Kansas City and Johnson County.

Evaluating real estate opportunities requires understanding property fundamentals, development timelines, market conditions and financial feasibility.

Explore Kansas City Real Estate →

Lessons for Developers: From Master Plan to Construction

The Meridian project provides several practical lessons for developers planning large or small mixed-use projects.

1. Secure Financing for the Actual Phase

A long-term master plan may contain many buildings, but each phase must be supported by sufficient capital and realistic financial projections.

2. Separate Infrastructure From Building Costs

Streets, utilities, grading and other site work may be necessary before buildings can begin.

Those costs should be incorporated into the development budget early.

3. Plan for Construction Delays

Financing, permitting, contractors and site conditions can influence project timing.

Delays can increase carrying costs and affect expected returns.

4. Underwrite Each Property Type Separately

Apartments, office buildings, retail and hospitality have different income structures and operating risks.

Developers should evaluate each component using appropriate market assumptions.

5. Monitor Zoning While Using Current Rules

A possible future zoning change should not be treated as an existing entitlement.

Developers should confirm current regulations and track relevant municipal proposals.

How to Evaluate an Overland Park Mixed-Use Development Property

  1. Verify zoning and permitted uses. Review the current development ordinance and property-specific restrictions.
  2. Assess infrastructure. Determine water, sewer, power, street and stormwater needs.
  3. Research comparable properties. Review relevant rents, sales and competing developments.
  4. Prepare a complete budget. Include site preparation, construction, financing and contingencies.
  5. Evaluate project phasing. Determine what can be financed and delivered in each stage.
  6. Monitor UDO proposals. Watch potential changes to landscaping, parking, open space and building standards.
  7. Test financing scenarios. Evaluate outcomes under different interest rates, costs and construction timelines.
  8. Plan for actual absorption. Use realistic sales or leasing expectations rather than assuming immediate occupancy.

What's Next for Meridian at Brookridge?

Curtin Property Company expects to begin constructing the first apartment building in November 2026.

The recently secured $87 million loan provides an important financing milestone for that phase.

The broader development remains a long-term mixed-use project with additional components that will require subsequent execution.

A separate rezoning application associated with Meridian, REZ2026-00006, was continued from the October Planning Commission schedule.

The applicant requested that review be moved to January 11, 2027.

That pending rezoning matter should not be confused with the financing announcement for the initial building.

Meanwhile, Overland Park's broader UDO update will continue through additional drafting and public review steps.

Property owners and developers should monitor official city records for further actions.

Frequently Asked Questions

How much financing did Meridian at Brookridge secure?

Curtin Property Company secured an $87 million loan, reported October 23, 2026, for the initial building phase of Meridian at Brookridge.

Where is Meridian at Brookridge located?

Meridian is located near 103rd Street and Antioch Road in Overland Park, Kansas, on the former Brookridge golf course.

How large is the Meridian development?

The long-term project covers approximately 212 acres with a reported master plan valued at approximately $2 billion.

How many apartments are planned at Meridian?

The master plan includes approximately 2,035 apartments at full buildout. The first mixed-use building has been described as including 317 apartments.

When will Meridian construction begin?

Curtin Property Company anticipated starting construction on the first apartment building in November 2026. The timeline remains subject to actual project progress.

Does the $87 million loan finance all of Meridian?

No. The loan relates to an initial building phase. The broader approximately $2 billion master plan will require additional phased execution and financing.

Has Overland Park adopted new open-space zoning requirements?

The October 19, 2026 City Council session discussed potential UDO changes involving open space, amenities, landscaping and housing diversity. Those concepts were not newly enacted requirements.

What does Meridian mean for Overland Park property values?

New development may influence surrounding housing and commercial markets, but property appreciation is not guaranteed. Actual outcomes depend on completed construction, demand, competition and property-specific fundamentals.

THE BOTTOM LINE: Meridian at Brookridge has reached an important financing milestone with an $87 million loan and anticipated November construction start. The project illustrates the difference between planning a $2 billion development and financing its first actual building. For Overland Park developers, property owners and investors, the most important factors remain project timing, financing, market demand and current zoning requirements.
Johnson County Real Estate & Development

A Development's Potential Depends on Its Execution.

Wardell & Holmes Real Estate is a Kansas City-based boutique brokerage serving residential buyers, sellers, developers and real estate investors throughout Missouri and Kansas.

Led by broker and owner Andrea Buettner-Wardell, the brokerage takes an investment-oriented approach to real estate, with an emphasis on local market knowledge and property fundamentals.

From commercial redevelopment to multifamily investment, informed decisions require realistic expectations about financing, development timelines and market demand.

Explore Kansas City & Johnson County Properties →

Sources and Further Reading

Editorial note: Published October 29, 2026. The $87 million loan was reported October 23. The November construction start is a developer target, not confirmation that vertical construction has commenced. The approximately $2 billion master plan remains phased and is not fully financed by this loan. Overland Park's October 19 UDO discussion concerned proposed policy concepts, not enacted zoning changes. Plans, costs, approvals and timelines may change. This article is informational and does not constitute legal, zoning, lending or investment advice.

WARDELL & HOLMES REAL ESTATE

Kansas City, Missouri | www.wardellholmes.com

Johnson County Development Report | October 2026