Real Estate and Development


Flooded Missouri Small Businesses Eligible for Fed Funds

The damaging floods in the region seem never ending this year, and property owners have certainly felt the pain.  For some small-business owners in the Kansas City, Mo., region, though, some of that might be abated. Non-farm and non-agricultural small… more

Kansas City Rent Growth Lower Than U.S. Average

[caption id="attachment_22245" align="alignleft" width="460"] Arterra, a luxury high rise in the Crossroads, has spaces for rent.[/caption] Here's some good news for residential renters and not-as-good-news for landlords: Kansas City rent growth year over year rose 2.8 percent, below the national… more

Jackson County Legislature Strongly Disputes Property Tax Hikes

Thousands of Jackson County residents received an unwanted surprise in the mail this month in the form of a county assessment letter valuing their properties.  Since then, there have been stories of enormous assessed-value increases. In some cases, they more… more

Building a Recession-Proof Business … Just In Case

[caption id="attachment_22223" align="alignleft" width="480"] From left: HealthJoy's Dorfman, Swell Spark's Baysinger, PayIT's Gordon and Andy Rieger.[/caption] Legitimate tariff-strife aside, by most economic measures, the economy doesn't look like it's going to face a major recession the likes of 2008 any… more

Isle of Capri, Harrah’s To Have Same Owner

Two of the biggest casinos in the Kansas City area are on track to have the same ownership. Isle of Capri Casino owner Reno, Nev.-based Eldorado Resorts, is purchasing Caesars Entertainment Corp., owner of Harrah's North Kansas City, for $17.3… more

Flashcube Apartments Development Lands $33M in Financing

The Flashcube Apartments project at 720 Main St. has its redevelopment future more secure. Owner WI Flashcube landed a $32.95-million redevelopment loan in a deal arranged by John Schorgl of Berkadia Commercial Mortgage's Kansas City office. The financing came from UC… more

K.C. Development Community Pleased with Question 1 Vote

If Question 1, a referendum on Tuesday's election ballot had passed, a 50-percent cap would have been placed on the amount of tax abatement paid by developers for projects considered economic development in Kansas City. Not surprising then, that the… more

Kansas City Scores Major Win with Two Ag Dept. Sites

Kansas City has secured two highly prized federal agencies that have been reviewing relocation sites nationwide: The Department of Agriculture’s Economic Research Service  and National Institute of Food and Agriculture. The Kansas City Area Development Council announced that decision with a… more

Kansas City Zillow Home-Sale Listings Plummet in April From Last Year

The number of Kansas City homes listed on realty Web site Zillow dropped dramatically in April from the same same month last year, according to the firm's monthly Real Estate Market Report. Listings here fell 24.1 percent from April 2018,… more

Logistics Park KC Lands Hostess in Tight Industrial Climate

Logistics Park Kansas City will be the home to Hostess Brands’ main distribution center as industrial vacancy rates in the area are tightening and strong leasing activity continues. Hostess is moving its distribution operations from Illinois to the Edgerton industrial… more