Kansas City
Cordish Companies will Add Two Residential Developments to the Power & Light District
By Gabriel Circiog, Associate Editor The developer of the Power & Light District, Baltimore-based Cordish Companies, is planning to add two residential projects to the mix, which will represent a $70 million investment, The Kansas City Star reports. Located in the heart of downtown Kansas City, with more than a half million square feet of […]
New Luxury Apartment Community Planned at New Longview; Independence Avenue CID Proposed
By Gabriel Circiog, Associate Editor A new luxury apartment community, planned in west Lee’s Summit, has drawn opposition from local residents, Lee’s Summit Journal reports. The $25 million project, called Hearthview at New Longview, calls for the construction of between 250 and 270 units on a vacant parcel southeast of Kessler Drive and Longview Road. […]
Perceptive Software Inc. and FMH CoreSource Announce Plans to Relocate
By Gabriel Circiog, Associate Editor Perceptive Software Inc., a Lexmark company, has announced plans to relocate from its headquarters at Shawnee Mission Parkway and Kansas Highway 7 to Lenexa City Center. The company, which indicated that it has outgrown its current location, submitted its proposal to Lenexa officials, The Kansas City Business Journal reports. According […]
Missouri General Assembly Passes Land Bank Bill
By Gabriel Circiog, Associate Editor The Greater Kansas City Local Initiatives Support Corp. announced the Missouri General Assembly passed the legislation which supports the establishment of a land bank in Kansas City. Julie Porter, Greater Kansas City LISC Executive Director, said, “The passage of this important legislation is a victory for Kansas City residents as […]
TIF Commission of Kansas City Favors Incentives for $142.5 M Towne Center Development
By Gabriel Circiog, Associate Editor The Tax Increment Financing Commission of Kansas City has recommended the approval of incentives for the $142.5 million Towne Center development in Clay County, The Kansas City Business Journal reports. The project, led by Kansas City-based CBC Real Estate Group, calls for over 1 million square feet of retail space […]
Aragon Holdings Acquires The Fairways at Lakewood
By Gabriel Circiog, Associate Editor Beverly Hills, Calif.-based Aragon Holdings has made its twelfth acquisition in three years as the investment company confirmed the purchase of The Fairways at Lakewood. The 274-unit multifamily community, located in Lee’s Summit, was built in 2008 and is currently 94 percent occupied. The property is in close proximity to […]
Posty Cards Inc. Earns LEED Platinum Certification
By Gabriel Circiog, Associate Editor A small Kansas City manufacturer, Posty Cards Inc., attained the highest level of sustainable certification on April 16 when it was awarded the U.S. Green Building Council’s LEED platinum certification. Located at 1600 Olive St. in Kansas City’s urban core, Posty Cards’ facility underwent a $6.4 million renovation and expansion […]
Kessinger/Hunter to Develop Largest Spec Building in Kansas City Area
By Gabriel Circiog, Associate Editor Kessinger/Hunter & Company will develop a 821,256-square-foot warehouse in Olathe, Kan. The building, dubbed “Building B”, will be located in the l-35 Logistics Park at 155th and Old 56 Highway. Dan Jensen, principal of Kessinger/Hunter, said the multi-tenant distribution facility will be the largest building constructed on a speculative basis […]
$414 Million Cerner Corp. Office Development Ready for Groundbreaking
By Gabriel Circiog, Associate Editor After several months of site preparation, the new Cerner Corp. office development is ready for its groundbreaking, according to The Kansas City Star. Located south of State Avenue, between Village West Parkway and Interstate 435, in western Wyandotte County, the 58-acre site will feature two nine-story office towers. Gould Evans came […]
Roeland Park and Mission in Conflict Over Walmart Location
By Gabriel Circiog, Associate Editor While the border war between Kansas and Missouri saw a breakthrough as the two joined forces to keep the Marine Data Center from relocating to New Orleans, the Kansas City Star now reports Roeland Park is accusing its neighbor Mission of poaching its biggest retailer, Walmart, in order to kick-start […]