Real Estate and Development

Zona Rosa rolls dice on redevelopment project

This fall, the Northland area Zona Rosa outdoor shopping center will undergo several changes in a multi-million dollar redevelopment project set to begin over the next few months. Changes to be made include the demolishment of a building near Dillard’s,… more

Urban, suburban housing sales appear relatively even

Over the last few months, it would appear many individuals and families have left the urban living scene. While the trend has rung true for certain areas of the U.S., by and large data shows that suburban housing markets have… more

Creative Planning third building in the works

In a year’s time, Creative Planning may very well have a completed third addition to its Overland Park campus. Named Creative Campus III, the project which just recently broke ground will be the third office building for the campus developed,… more

End-of-August housing market report

The last week of August revealed that sellers are continuing to drive the housing market, according to a report from Zillow. Market supply remained on the low while the number of buyers remained high, buyers finding themselves with fewer options… more

Kansas City commercial real estate report reveals mostly-sound second quarter

Kansas City’s industrial market has been extremely active in 2020, according to a recent commercial real estate report by Newmark Grubb Zimmer. The industrial market report showed 2.8 million square feet of net absorption posted in the first half of… more

Metro executives seek bonds to redevelop Schlitterbahn site

KANSAS CITY, Kan. (AP) — Two former soccer club executives are hoping to help fund a planned $330 million redevelopment of the closed Schlitterbahn water park in Kansas City, Kan., with sales tax funds. Robb Heineman, Sporting KC’s former CEO,… more

CBRE Managing Director Klamm to take over new role in 2021

Mike Klamm, mangaging director at CBRE for the Kansas City area since July 2010, will end his current role by the end of 2020 and take over a new position. In 2021, Klamm will begin serving as senior vice president… more

June Case-Shiller results show strong housing market despite COVID-19

Despite a rough hit on the rest of the U.S. economy, the Case-Shiller numbers for June show the housing market is holding on strong during COVID-19. Home prices continued to rise in June, the Case-Shiller Home Price Index showing a… more

July home sales record highest level in 14 years

Zillow – July home sales numbers continued the stellar pace set in June, skyrocketing to their highest monthly total since 2006, according to the National Association of Realtors. The housing market has been a true bright spot for the economy… more

Lenexa City Council to discuss mix-use project Tuesday

On Tuesday, the Lenexa City Council is set to vote on different measures regarding the potential construction of Watercrest South, a large, multiphase mixed-use project that would add to the city’s development. At tonight’s city council meeting, members could decide… more