Real Estate and Development
The Grain Belt Express is starting to acquire land along its route spanning across nearly the width of both states. Despite the start, landowners, local officials and some Missouri lawmakers continue to push back, arguing the project will be destructive…
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Maxus Properties has filed a preliminary plan for multifamily project Defeo. Plans set projected costs at $56.8 million for the 11-story River Market high-rise Oak and Third streets. A preliminary plan filed Friday indicates that the development will house 226 apartments…
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One of Kansas City's premier historic buildings soon could see a long-planned $182 million conversion to an Embassy Suites hotel begin after 13 years of vacancy. Delta Quad Holdings LLC seeks to build 284 hotel rooms, a parking garage with…
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International commercial real estate developer Scannell Properties has launched the first phase of the Compass 70 Logistics development on 157 acres in Bonner Springs, Kan. The multi-phase, $100 million industrial development could include three buildings totaling 2 million square feet…
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Over the next several weeks, redevelopment will gain momentum of a Country Club Plaza building as it prepares to welcome its tenant, Chiefs Fit, into the space. The expanding fitness center is a partnership between the Kansas City Chiefs and…
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The Belton City Council in Belton, Missouri, approved the agreements at its April 13 meeting allowing NorthPoint Development to move forward with its $30 million expansion of Southview Commerce Center. Currently, Southview Commerce Center has three, fully leased flex industrial buildings located…
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A developer is hoping to gain approval to turn vacant property on Troost Avenue between 45th Street and Brush Creek Boulevard into mixed use space. With council approval, the development would result in two buildings that could be used for…
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A push to construct a massive Northland data center campus is starting to gain momentum. Developers have begun the process of gaining an estimated $8.2 billion in incentives with an appearance after a Kansas City's Transportation, Infrastructure and Operations Committee…
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The median home-sale price increased 17% year over year to $338,225, an all-time high. Asking prices of newly listed homes rose 16% year over year to $351,851, an all-time high, but were flat from the four-week period ending March 28.…
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U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced the allocation of nearly $5 billion in American Rescue Plan funds, including $39,319,074 to Kansas and $88,420,496 to Missouri. Funding was distributed to help communities across the…
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