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Real Estate and Development

Redevelopment plans for Aspiria campus move forward

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Former Cerner site up for sale

North Kansas City-based Cerner Corp. has made the decision to put up for sale its office location at 3315 N. Oak Trafficway. The property is now listed through Colliers. The decision to sell the location – located just blocks away… more

River Market could see more apartments with $45M proposal

North Kansas City real estate agency Maxus Properties Inc. is proposing a $45 million project that would deliver more apartments to the River Market area. Construction plans include 11 stories with 235 apartments, two of the stories to house parking… more

Former AT&T headquarters could see $60M update

Property at 500 E. Eighth Street in downtown Kansas City once home to AT&T could receive a major make-over investment. Maxus Properties Inc. bought the building in April 2019, paying $6.85 million for 377,800 square feet. Now, the company is… more

Waddell & Reed cancels plan to move Downtown

The acquisition of Waddell & Reed Financial Inc. in late 2020 is beginning to have a clearer impact after a Tuesday announcement confirmed the company will not be moving into a downtown Kansas City building intended to serve as Waddell’s… more

Mortgage rates climb higher in last week of February

Mortgage rose over the month of February, climbing notable in the last week of the month. By some measures, rates rose in the final week at their fastest pace in years and while they are still very low in historic… more

Lenexa commission advances Watercrest, Copper Creek project

The Lenexa Planning Commission on Monday reviewed the latest project plans for Watercrest South and the Copper Creek Apartments, advancing the proposal. The location for different housing types also has been reshuffled across the master-planned community, proposed for 188 acres… more

Approved $264 million bond to fund $200M in Shawnee Mission School District upgrades

A page on the Shawnee Mission School District website reveals project plans to revamp existing buildings through funding provided by the recently-approved $264 million bond. Roughly $200 million will be used by the school district to complete rebuilds of five… more

Proposal to limit tax incentives on new development advances

This week, a vote from the Neighborhood, Planning and Development Committee advanced a proposal to limit tax incentives for new development in Kansas City, Mo. After a vote of approval from the committee, the policy now advances to the full… more

Amended plans for $187.5M Metro North development

Metro North Crossing continues to pick up interest as a hotspot for developers. Within the last year, the location opened entertainment venue T-Shotz, and saw construction begin on Metro North Crossing Apartments. An amended master plan would bring an $187.5… more