The federal government has picked Two Pershing Square, an office building near Union Station, to be the new home of 900 employees currently at the Bannister Federal Complex with the move expected to begin one year from now. The decision to lease about 140,000 square feet in the 11-story building at 2300 Main St. was made following a year-long search of downtown properties.
KC Commercial Realty Group wants to begin construction on the $8 million project on the southeast corner of Fifth Street and Grand Boulevard early next spring. It’s an example of the development encouraged by the planned downtown Kansas City streetcar line.
The sprawling Bannister Federal Complex, which opened in World War II to make warplane engines and stayed busy through the Cold War and after supplying nuclear weapons parts, will be demolished beginning in 2016.
The arrival of VanTrust Real Estate as a co-developer with Swope Community Builders means long-floundering East Village development on downtown's east side finally has the muscle to move forward.
City Place proposal calls for 1,554 apartments and four office buildings to be developed on 138 acres near 69 Highway and College Boulevard
Plan to redevelop Savoy Hotel and Grill wins city approval for incentives, next stop is $15 million request for federal and state historic tax credits
Darol Rodrock, who likes to boast that 30,000 people in Johnson County live in subdivisions he has developed over his almost 40 years in the business, continues to feed the appetite for big houses on the edge of suburban Johnson County, but he hasnt forgotten his troubled roots shuffling through foster care.
A French company that recently opened its U.S. headquarters office in Kansas City plans to hire 44 employees in the next five years. Bime Analytics, which opened its headquarters with seven employees at 1812 Broadway last month, plans to expand its workforce.
The Kansas City Council’s Planning and Zoning Committee supported the request by Grupo Antolin for a $10.5 million industrial revenue bond. The money will be used to equip and furnish a 148,800-square-foot building at 1601 Southern Road. The full City Council is expected to approve the incentive Thursday.
Farmers Insurance on Wednesday announced a 10-year lease extension for an office building in Olathe thats home to more than 400 employees. The 101,000-square-foot building, at Ridgeview Road and Kansas 10, has housed the companys national property claims division since 2008.
ZDG Investments LP, a development company composed of principals from Zimmer Cos. and J.E. Dunn Construction, is transferring ownership of a building at 7300 N.W. Tiffany Springs Parkway to the Truman Medical Center Charitable Foundation.
Grupo Antolin plans to open an automotive components operation in Kansas City that is expected to create 118 jobs and revamp a building in the East Bottoms. The Spanish firm is seeking a $10.5 million industrial revenue bond from the city, part of an overall $18 million investment planned for the 148,800-square-foot building at 1601 Southern Road.
The October report from the Kansas City Regional Association of Realtors also gives the first indication that a shrinking supply is beginning to affect the market. The group reported 2,128 existing homes sold last month, up 2 percent from October 2012, and 235 new homes sold, up 26 percent.
Construction has begun on 18 luxury villas in the Prairiefire development in south Overland Park. The Prairiefire Villas will be at 137th Street and Nall Avenue, facing the Nicklaus Golf Club at LionsGate golf course.
Donald Hall Jr., the chairman of the Civic Council of Greater Kansas City and CEO of Hallmark Cards Inc., says the elite leadership organization will remain commited to improving the community despite Jackson County voters' soundly rejecting a sales tax for medical research.
Dallas-based Southwest Airlines, Kansas Citys biggest airline by far, is jumping into the debate over the future of Kansas City International Airport, saying the current $1.2 billion proposal for a new single terminal would substantially boost its cost of doing business here.
In a policy speech to the Greater Kansas City Chamber of Commerce that surprised at least some people involved with the issue, Missouri Gov. Jay Nixon on Tuesday slammed the business border war between his state and Kansas as bad for the local economy and called for a moratorium on using tax incentives to shuffle companies across the state line.
If you like what B-cycle has done so far to promote bicycling in downtown Kansas City, the plan to begin rolling it into the Country Club Plaza, the University of Missouri-Kansas City and as far south as Waldo should really ring your bell.
Palo Alto, Calif.-based Suitable Technologies, a videoconferencing business, will open its second office at City Center Square and employ one person to start, although it’s already planning to hire several more people.
The frequent headache for Northland commuters is being targeted as part of a comprehensive plan to improve traffic flow on the north end of downtown. City officials may find some traction with the Missouri Department of Transportation despite the agency’s ongoing funding problems.
The Kansas City sports architecture firm is designing a 20,000-seat arena being developed by AEG and MGM Resorts International near the heart of the Las Vegas Strip.
The seven-story Hotel Sorella opened for business Wednesday, the newest addition to the Country Club Plaza hospitality market and the last piece to complete the Plaza Vista development, formerly known as the West Edge.
More than 40 years after the opening of the Truman Sports Complex launched Kansas Citys reputation as a world center for sports architecture, an award is being created to honor the years best achievement in the field by a local firm.
An Indianapolis developer plans to start work on the four-story SpringHill Suites Marriott at 45th Street and Belleview Avenue by early next spring. The developer also is pursuing two other potential hotel projects in the Kansas City area but declined to reveal further details.
A McGraw Hill Construction report indicates $2.2 billion in total building activity for the metropolitan area through September, led by a 39 percent increase in residential construction.