WASHINGTON, DC, February 24, 2025: NTCIC is thrilled to announce the successful financial closing of the historic Rialto Building in downtown Kansas City, Missouri. The building’s renovation transformed the iconic property into a 239-key AC Hotel by Marriott. The project includes modern amenities such as a full-service bar, meeting rooms, a business center, a fitness center, and a Bonvoy club lounge on the penthouse level. The current renovation of the 155,000 square-foot historic commercial building is part of a larger trend of repurposing historic office spaces in response to the growing demand for more flexible and remote work environments. As traditional 
office use continues to decline, more and more historic buildings are being reimagined as hotels, housing, or retail spaces to accommodate the changing dynamics of urban life.
“Campo Architecture and Interior Design put its heart and our “New Orleans Soul” into the design of the magnificent Rialto building. Respectful of the historic character-defining features inherited from this building’s past, the Campo team created intentionally modern features that create a clear line of stylistic demarcation between old and new”, said John Campo Jr., President and Founder of Campo Architecture & Interior Design based in New Orleans.
NTCIC played a key role in the renovation by providing an equity investment in the $11.1 million federal Historic Tax Credits and $12.5 million State Historic Tax Credits generated by the project. NTCIC will continue to provide asset management services for the duration of the HTC investment.
“We are proud to have been a part of this transformative project in Kansas City,” said Tony Maruca, Senior Project Manager at NTCIC. “All of our project sponsors maintained an intentional and thoughtful approach to preserving the historic character of the building while meeting the needs of modern travelers makes the Rialto Hotel a fantastic addition to the Kansas City hospitality market.”
The renovation of the Rialto Building is set to invigorate the surrounding area, attracting visitors, residents, and business professionals alike and further cementing the building’s role as an essential part of Kansas City’s architectural and commercial landscape.
Learn more about the project here.
About NTCIC
The National Trust Community Investment Corporation (NTCIC), a subsidiary of the National Trust for Historic Preservation, is a mission-driven, impact investment asset management firm focused on the adaptive reuse of historic properties and renewable energy solutions across the country. Founded in 2000, NTCIC makes transformational impact investments in low-income & disinvested communities, promoting a brighter more equitable future by revitalizing historic properties and expanding our nation’s renewable energy accessibility through innovative community development & tax credit investment strategies.