The development group, led by area native Zach Molzer, is turning the old hotel into an apartment building with around 120 units, with studios and one-bedrooms, including 14 affordable units set aside for residents with lower incomes. The project will reflect an almost $40 million investment.

Two children and two adults were killed Wednesday when a fire swept through an apartment complex in a Kansas City, Missouri, suburb in freezing temperatures.

The Independence Fire Department confirmed that four people were killed in a large apartment fire Wednesday morning, and two firefighters were injured in the blaze