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Real Estate and Development


New tenant to fill old KC Water Department building this spring

The recent makeover of a historic River Market building - formerly a city building - has scored a tenant. River Bluff Brewing is set to move in this May and attract more life to the area. Originally built in 1905,… more

Major renovation, new construction in the plans for $161.9 million Troost Village project

Brought together by a development partner ship between Olathe-based Compass Resources and Kansas City, Mo.-based Pendulum Studio, plans are coming together for the four-phase Troost Avenue project known as Troost Village. Plans include renovation of number buildings as well as… more

Preliminary plans surface for redevelopment of former Sprint Corporation headquarters campus

A name change has already taken effect for the grounds that once housed the headquarters of Sprint Corporation.  New property owner, commercial real estate firm Occidental Management Inc., announced the campus' name change in 2020, which was made effective Jan.… more

JoCo commission opposes 640-acre industrial development 

On Tuesday, Feb. 9, the Edgerton Planning Commission in Johnson County, Kan. voted to recommend denial of an industrial development proposal from NorthPoint Development. The proposal included development of around 640 acres to be turned into industrial and commercial development.… more

Proposed Briarcliff apartment project seeks bond incentive

A real estate project that could potentially deliver more apartments is seeking incentives to build. Opus Group and Balboa Real Estate Partners revealed plans to build a 256-unit apartment complex on a former Kansas City Power & Light District dump… more

Congress Logistics Center nears completion, could receive investment from manufacturing company

A northland project in the works since August 2020 is expected to complete in the next few months. Located near the Kansas City International Airport (KCI), the Congress Logistics Center is scheduled to complete in early Q2 of 2021, and… more

Number of mortgages in active forbearance sees weekly rise

For the second consecutive week, the number of mortgages in active forbearance increased from the week before, according to Black Knight. The report, including data through January 26, found that just 41,000 borrowers stopped receiving assistance with their loan –… more

Home buyers singing contracts at fastest pace in nine years

The week of Jan. 24 saw the largest share of pending homes find buyers within 14 days in at least nine years. Around 43 percent of homes that went under contract had an accepted offer within the first two weeks… more

Overland Park office project plans revised, proposal altered for apartment and retail space

Plans for an Overland Park development have been switched around, turning what was once a proposal for office space into plans to develop a mixed-use property. A new proposal from Metcalf 108 Redevelopment Investors LLC shows a major revision of… more

Report values KC housing market at $189B in 2020

A strong housing market in 2020 placed the Kansas City metro’s housing value at $189 billion, according to a report from Zillow. The U.S. housing market gained more value in 2020 than any year since 2005, according to the report.… more