Construction
Q: What has impressed you most about the leadership you’ve seen from various companies in Kansas City in responding to the current health crisis and its economic impact? A. I’m impressed but not surprised with how Kansas City has come…
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March new-housing starts fell 23.1 percent from the prior month, according the the U.S. Census Bureau, hitting just over 1.2 million. However, that number was a 1.4 increase from March 2019. Meanwhile, housing completions also dropped, falling 6.1 percent month…
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Airports are getting stimulus money through the federal government via CARES Act grants, and the Kansas City International Airport will be one of the recipients . KCI will receive just under $43.3 million in stimulus. Airports across the country will…
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The industrial commercial real estate sector was still on track during the first quarter, according to a recent CBRE report. Vacancy rates were at 4.6 percent, the same as they were during the previous quarter, says the commercial real estate…
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Michael Sonnenberg is a commercial real estate realtor at NAI Heartland, in Overland Park, where he is primarily focused currently on office and medical office properties. Q: How does the COVID-19 situation compare to the Great Recession and the challenges…
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Oak River Farms, an agribusiness company reportedly backed by Microsoft co-founder Bill Gates, is moving its headquarters from Louisiana to Lenexa City Center, reported trade publication REBusiness. The report says that Oak River will take up just under 4,600 square…
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Office co-working company WeWork has some very prominent spaces in Downtown Kansas City. It has a location in the Crossroads' Corrigan Station development and recently took 101,000 square feet in what is now known as the Lightwell Building, at 1100…
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New-home listings in the Kansas City area plunged 35.7 percent year over year as of April 5, according to Zillow. That number exceeds the national average drop of 27.1 percent. It is a strong contrast to March 1, when they…
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Kansas City has issued just under $27.79 million in improvement bonds that would make infrastructure repairs to City Hall, Liberty Memorial, street reconstruction in the City Market area and parking garages. A $9.1-million portion would also be used to fund…
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Unemployment claims were in excess of six million for the second week in a row, due to COVID-19, bringing the numbers to nearly 17 million over the last few weeks. For the week ended April 4, claims were 6.06 million,…
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