Real Estate and Development

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

Missouri, Kansas receive $140.7M combined in housing grants

Missouri and Kansas communities have received a boost in funding to assist with housing and other related needs to communities state-wide. The U.S. Department of Housing and Urban Development (HUD) announced $100,489,419 has been granted to local programs in Missouri… more

Kansas City Star building listed

Since 2006, The Kansas City Star has housed operations at 1601 McGee St. in Kansas City, Mo. With the recent listing of the property on the Kessinger/Hunter & Co. website, the newspaper’s time downtown is drawing nearer to an end.… more

Former KCK Schlitterbahn to become $330M sports complex

Homefield Development plans to build an amateur sports resort where the Schlitterbahn Waterpark once stood. Demolition is underway at the site just east of Interstate 435 and State Avenue in Wyandotte County, Kansas. The business of youth sports is already… more

Case-Shiller report shows 10.4 percent rise in home prices

December is usually the slowest month for the housing market, but price gains didn’t slow down one bit in 2020. In fact, they rose at the fastest pace in seven years. Home prices nationally increased 10.4% compared with December 2019,… more

Missouri awarded $38.7M for public housing, Kansas $19.1M

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