Real Estate and Development
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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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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