Real Estate and Development
Apartment prices may be steady now, but rent is expected to rise within the latter half of 2021. Dense urban areas should continue to struggle with weaker rental prices and drops in average rents, according to John Loper, an associate…
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U.S. Citizenship and Immigration Services' National Benefits Center could soon approve an expansion of global company IT Coalition Inc. to a Lee’s Summit facility. IT Coalition Inc. is a global information technology and cybersecurity service provider and is awaiting the…
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The Overland Park City Council downvoted a $55 million active-adult community in a 9-2 decision on Monday. Located just south of Ranch Mart shopping center, developers were denied rezoning for the 11.5-acre project. EPC Real Estate Group LLC plans involved…
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Augusta, Mo. will see development which could soon make the area home to the largest vineyards and winery in the Midwest. This news arrives with the acquisition of the Balducci Winery and Vineyards, the Knoernschild Vineyards, The Old Augusta Wine…
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Construction will soon begin on a large multi-sport complex in Johnson County dubbed the Bluehawk Sports Park. Property management company, Price Brothers, have plans for the first phase to start summer 2021. The first phase includes development of 238,391-square-feet within…
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Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending December 20: The median home sale price increased 14% year over year to $320,714. Pending home sales were up 34% year over year. In the single…
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The Clay County, Mo. annex project is on hold once again, just weeks after resuming construction following a now-dropped lawsuit with the City of Kansas City, Mo. Estimated to cost around $18 million, construction is on pause until Clay County's…
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One of many unexpected events brought on in 2020 was the impact it had on the housing market, going from steady to soaring over the course of the year. The for-sale residential real estate market emerged strong and remained that…
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For over half a billion dollars, Kansas City, Mo. developer, NorthPoint Development, is working on the second phase of a sale with California-based Public Storage. Northpoint is selling nearly all its Beyond Self Storage properties to real estate investment trust…
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United States Steel Corp. has closed on the $160 million sale of the 1,800-acre Keystone Industrial Port Complex along the Delaware River in Bucks County. The buyer, Kansas City, Missouri-based NorthPoint Development Inc. plans to convert 10 million square feet of the…
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