Real Estate and Development
New home sales have risen a significant amount amid the coronavirus shutdown, shining through as an encouraging sign in a recovering economy. June housing starts rose 17.3% from May, to 1,186,000 (SAAR), and were down 4 percent from a year ago,…
more
Companies looking to move and expand in the future were surveyed by the Site Selectors Guild in partnership with Development Counsellors International. Conducted on June 29, the survey found that many companies are taking preference in mid-size urban regions and…
more
Consumer confidence reports from last month in June were a mixed bag, a June survey showing consumers gave themselves a 47.6% chance of finding a job in the next three months, on average, down from May. Respondents said they believe…
more
As work continues along Troost Avenue, three historic buildings being renovated - Michelson, Shankman and Tycor - will be restored as office and retail space and a proposed museum of regional Native American culture, according to CityScene KC. Called the…
more
The completion of its newest facility in Olathe has allowed StorageMart to add 784 climate-controlled storage units in the area. This follows the acquisition of Go Storage on 8th Street in Downtown Kansas City in April, where the company added 310 units of storage…
more
An economic development group called GO Topeka has announced plans to develop a large-scale animal health innovation campus in Kansas’ capital city. Two national real estate developers, Clark Enersen Partners and BioRealty, Inc., have been chosen to identify and evaluate…
more
The Current RMI fell into the basement to a value of 9.2, the lowest level since RCLCO began recording the index at the end of the Great Recession, according to a Wednesday report from RCLCO Real Estate. The previous low…
more
It’s been an interesting era in Kansas City and it’s felt more like the 1960s than nearly 60 years after. I like the message I read Wednesday from the Miller Nichols Charitable Foundation, but—respectfully—wouldn’t agree with its characterization of Miller…
more
The Cordish Companies, responsible for the development of One Light and Two Light, have laid out the plan moving forward on development of affordable housing in the former Midland office building, according to a news release from Baltimore-based developer. Estimated…
more
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 4.7% year-over-year in April (non-seasonally adjusted), up from 4.6% in March, according to a report from Zillow released Tuesday morning. Annual growth was also up from March in the smaller…
more