Real Estate and Development


$25M Midland Lofts project to begin Q3 of 2021

Downtown Kansas City will soon add more space for those looking to live in the heart of the city, The Cordish Companies announcing they will begin renovations for The Midland Lofts. Construction will turn the historic Midland office building located… more

Liberty Logistics Center adds growing Kansas City tenant

One of The Scarbrough Group's business units will start operations this summer at a new industrial facility in Liberty. Scarbrough Warehousing announced it will move into 226,000 Class A square feet within Liberty Logistics Center, a 62.42-acre industrial park at… more

Three Light to break ground in May

Long-time talk on the addition of another downtown luxury apartment from The Cordish Companies will come to fruition, the company announcing plans to begin construction of Three Light next month in May.  To the tune of $140 million, Three Light… more

Hunt Midwest to expand SubTropolis industrial park

Hunt Midwest announced on Tuesday that it will build out 700,000 square feet of Class A speculative space within SubTropolis, the world's largest subterranean industrial park. A first phase of 200,000 square feet is scheduled for delivery in August, while… more

Former Isle of Capri property to see start of $40M redevelopment project by this summer

Isle Capri's new owners hope to deliver amenities competitive in both the Kansas City metro area and nationwide casino markets with redevelopment of the property. Rhode Island-based Bally's Corp., formerly known as Twin River Worldwide Holdings Inc., anticipates breaking ground… more

Missouri granted over $11M for affordable, public housing

On Tuesday, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of $10,536,095 million to the State of Missouri through the nation’s Housing Trust Fund (HTF) for affordable housing. In total, HUD awarded nearly $700 million nationwide.… more

Developer submits plan for new Crossroads apartment complex

A proposed new apartment complex from developer Milhaus hopes to gain city approval for a multifamily project in the Crossroads Arts District. Temporarily dubbed The Tracks, plans call for the construction of roughly 193 apartment units - mostly studio and… more

Median sales price for Missouri homes rises 18.3 percent in Feb.

Missouri REALTORS has released its monthly statistics report highlighting the Missouri real estate market for the month of February 2021. In the month of February, 5,430 homes sold in Missouri. The total sales volume topped $1.3 billion, and homes sold… more

Developer to turn new Parkville offices into multifamily living

A change of plans is taking shape for office property owned by Kansas City architecture, development and construction firm, Foutch Brothers LLC. Prior to COVID-19, the firm had secured a few tenants for its new office space, Six at Park,… more

February new home sales drop 18 percent from month prior

In the month of February, a report from the U.S. Census Bureau shows that new home sales fell 18.2 percent from January. However, sales were up 8.2 percent from a year prior, in February 2020. The median sales price of… more