Real Estate and Development

Groundwork begins on commerce center located in Northland business park

In the latest sweep of industrial projects to make home in the Kansas City region, Minneapolis-based developer Opus Group has broke ground on the Heartland Meadows Commerce Center in Liberty, Mo. Constructed within the Heartland Meadows Business Park, the new… more

U.S. government finalizes long-term lease for Lenexa FDA lab

A 20-year lease has been finalized on a Food and Drug Administration laboratory in Lenexa, Kan. General Services Administration finalized the lease with Easterly Government Properties Inc. for the new 59,690-square-foot U.S. Food and Drug Administration (FDA) laboratory building. The… more

Pending homes sales index falls, though purchasing activity and buyer demand remain up

The National Association of Realtors Pending Home Sales Index revealed a 2.2 percent decline from August to September. The index is an indicator for existing home sales and displays a seasonally adjusted measure of the number of homes that went… more

Former Cushing Hospital in Leavenworth donated to county by health system

The building that housed Saint Luke’s Cushing Hospital is no longer receiving patients, though its recent donation by Saint Luke’s Health System will help keep it running. On Wednesday, October 28, the Leavenworth County Board of County Commissioners formally accepted… more

Completed Turner Diagonal Interchange improves access, opens path for development opportunities

Governor Laura Kelly joined national, state, and local officials to celebrate the completion of the Turner Diagonal Interchange project in Wyandotte County today. “I’m honored to celebrate the completion of the Turner Diagonal interchange, a project that represents both immediate… more

Bellmont Promenade project in Shawnee receives approved funding from city council

A funding agreement plan for the Bellmont Promenade project in Shawnee, Kan. barely passed approval during a Shawnee City Council meeting earlier this week. Three of eight city council members present at the Oct. 26 meeting approved a funding agreement… more

September home sales fall from August, up from last year

Homes sales in September 2020 experienced a slight lull, dropping 3.5 percent from the month prior, in August 2020. Despite the subtle dip, homes sales remained modestly elevated, displaying a strong 32.1 percent rise in sales from one year ago,… more

Case-Shiller reveals fastest price rise in two years

The remarkable surge in home prices continued into August as prices showed no signs of cooling down heading into the fall. By some measures, home prices are rising at a faster pace than they ever have – an incredible feat… more

Milestone met as construction is soon to begin at former Bannister federal complex

The first buildings have yet to go up, but redevelopment of the former Bannister federal complex in south Kansas City reached a milestone of sorts today. Gov. Mike Parson was on hand—and officials from Washington delivering remarks remotely—as developers declared… more

Missouri governor to stop in KC today for announcement on former Bannister federal complex

Gov. Mike Parson is scheduled to appear in Kansas City this afternoon for what’s being billed as a major announcement related to the redevelopment of the former Bannister federal complex in south Kansas City. Details of his agenda weren’t released,… more