Gaw Capital Partners USA of Los Angeles has partnered with Leawood-based Executive Hills Management in conjunction with the refinancing of the skyscraper at 12th and Main streets. Its major tenants include Kansas City Power & Light, Bank of America and the Bryan Cave law firm.
A plan by developers to foreclose on a $3.1 million loan owed by the club has the tennis and swimming facility scrambling to survive. The developers, Jeff Alpert and Melanie Mann, want to close the club and redevelop the property as an upscale subdivision.
The Mission Woods City Council voted unanimously on Tuesday to table the condemnation plan and allow the owners to move forward with a $1 million renovation plan for the property, which had been empty for 10 years.
The 68,000-square-foot building, scheduled to open in fall 2015, will be named after the Very Rev. Pedro Arrupe, the late and highly regarded superior general of the Society of Jesus, the order of priests better known as the Jesuits, who operate Rockhurst.
In a move thats bound to give fodder to those who think eminent domain is the devils development tool, little Mission Woods in northeast Johnson County wants to condemn an office building on Shawnee Mission Parkway to help out B.A. Karbank & Co.
BSA LifeStructures, a national design firm that has done extensive work for the St. Lukes Health System, has opened a three-person office in Leawood. The new office is the sixth nationwide for the architecture and engineering firm which also has operations in Atlanta, Austin, Texas, Chicago, Indianapolis and St. Louis.
Kansas City’s Lane4 Property Group has teamed with the Kroenke Group of Columbia to purchase the struggling mall at 95th Street and Metcalf Avenue with an eye toward tearing it down and replacing it with a residential, retail and office project.
The San Francisco-based firm will relocate its 100-employee Shared Services Center to the 2301 McGee building. Most of the jobs are expected to be filled locally.
The specialty real estate investment trust based in Kansas City said revenue for the three months that ended Dec. 31 grew to $89.4 million from $82.5 million in the same period in 2012. Net income was $57.1 million, compared with $18.8 million a year ago.
One of downtown’s most high-profile corners, 10th Street and Grand Boulevard, would be transformed from a parking lot to a sparkling community and recreation center. The YMCA has been pursuing its $39 million downtown project for two years as part of a capital improvement program that includes an overhaul of its Linwood branch at 3800 E. Linwood Blvd.
The prized agency will keep its 83-employee operation here after its current home at the Bannister Federal Complex is closed. Local officials worked with the area congressional delegation to keep the NOAA operation in Kansas City.
The fast-growing company wants to build next to its world headquarters to accommodate the 2,100 new jobs it anticipates creating over the next decade. The engineering firm based at 9400 Ward Parkway wants to expand on the site of the former Beth Shalom Synagogue at 9400 Wornall Road.
With her national background and familiarity with major events, Brenda Tinnen, the general manager of the Sprint Center, wants to help the Kansas City Convention & Visitors Association to reverse what has been a discouraging decline in local convention and tourism business. Her arrival as associations chairwoman comes at a pivotal time for the local convention industry.
The Foutch Brothers development company, which specializes in revitalizing historic buildings, wants to acquire Kemper Arena and create a regional hub for youth and amateur sporting events. City officials say its an intriguing idea but the American Royal has first dibs on the property. The American Royal still wants to demolish Kemper and replace it with a new agricultural events center.
The $350 million development in Overland Park will push the College Boulevard business corridor farther west, adding 600,000 square feet of office space to one of the area’s biggest employment centers.
Some critics had argued that the project would worsen traffic congestion and was not appropriate for a downtown historic neighborhood. But the Plan Commission voted 4-0 in favor of the business site plan, saying the developer had jumped through all the necessary hoops and halting the project now wouldnt be right.
The operator of branded service for United Express has leased 2,863 square feet in Terminal C. The facility will be the work home for 145 pilots, 85 flight attendants, and 35 maintenance and materials personnel.
The average sales price of an existing home last month was $156,833, up 16 percent from January 2013, according to the Kansas City Regional Association of Realtors. There were 9,114 existing homes listed on the market, down 10 percent from the previous year.
The $436.8 million hockey arena is the second large project that 360 Architecture has won this year. The firm recently was named to the design team for a $400 million project at the University of Notre Dame.
A divided Kansas City Tax Increment Financing Commission delayed consideration of the downtown charter school’s request for $5.5 million in assistance until March, with city-appointed commissioners mostly supporting the expansion plan for the 2-year-old school and representatives of other taxing jurisdictions criticizing the funding mechanism for the plan.
The company opened the 40,000-square-foot headquarters at 101 S.E. Magellan Drive in December as part of a consolidation that included moving some employees from operations in Lee’s Summit and Independence.
Its that time of year when Missouri's historic tax credit program is under fire again in Jefferson City, but their critical value continues to be proven in Kansas City with the recently approved Folgers and Argyle apartment redevelopments.
The achievement is particularly satisfying to local development officials because of the national competition for its 100 well-paid jobs. The move will occur in June, and the facility is expected to be operating by late September.
The Kansas City Tax Increment Financing Commission is being asked Wednesday to support a request for $5.5 million in TIF assistance to help the charter school at 1015 Central St. purchase and renovate the Uhlmann Building next door at 1009 Central. If successful, the fast-growing school hopes to have 270 students enrolled a year from now.
Turning the historic Folgers complex into a 146-unit apartment project was one of several redevelopment plans considered by the Planned Industrial Expansion Authority.