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Real Estate and Development


TranSystems Acquires Engineering Firm Whitney Bailey Cox & Magnani

Posted June 19, 2023. TranSystems Corp., the transportation consulting firm, announced its acquisition of Whitney Bailey Cox & Magnani, LLC (WBCM) on Monday. Headquartered in Baltimore, Md., WBCM has nine offices across the eastern United States. The acquisition will further… more

Commercial Real Estate Recovery Expected to Take Years

A report from S&P Global shows sectors of the economy are in danger of refinancing risks, especially in office spaces. Foreclosure on a CRE property is not often “the best course of action” when loan lenders look at restructuring debt,… more

KCK’s Rock Island Bridge Brought to New Heights

The Rock Island Bridge's central truss was raised by 3 feet, 4 inches last week, bringing the future entertainment district that much closer to completion. The $12 million project needed to meet the current 750-year standards as part of requirements… more

Olathe Approves Walmart Beef Processing Plant

The Olathe Planning Commission has approved Walmart’s preliminary proposal to build a beef packing and distribution plant, a $257 million project that it says will create nearly 675 jobs by 2027. The company plans to break ground this fall on… more

State Start-Up Costs Don’t Flatter Missouri, Kansas

Missouri ranked middle of the pack, but Kansas fare considerably worse, in an analysis of costs for starting a business, according to a new report by Simplifyllc.com. The analysis explored factors like corporate income tax rate, labor participation rate, energy… more

KC Council Vote on MBE/WBE, Meta Project Not Satisfying All

The Kansas City Council last week voted—belatedly—to amend its contract with Facebook parent Meta by restoring goals for including minority- and women-owned businesses in the multi-billion-dollar Northland project. Still, it was too little, too late, says Joe Mabin, vice president… more

Q&A With Owen Buckley

Q. The retail tailspin was pretty advanced well before the pandemic, which added to the challenges there. Do you get a sense that things are leveling off? A. I do think they have stabilized a bit, and we’re seeing that… more

Home Prices Rise Following Signs of Decrease

The spring housing season will continue to be plagued by rising prices as shown by the new report from S&P CoreLogic Case-Shiller Index. The report, released Tuesday, showed on a national level home prices in March were 0.7 percent higher… more

How Many Homes In KC Amount to One NYC Home?

A recent study shows for the price of the most expensive home in New York City, there are 1,368 homes available in Kansas City. The study from PropertyShark found the top 50 most populous cities in the U.S. and how… more

New Additions Push Homefield Cost To $838 Million

Development costs for the Homefield Sports Complex have risen due to proposed additions to the project, including a golf course, multi-use area and interactive museum.  The Kansas City, Kansas project, formerly the Schlitterbahn water park property, previously held a total… more