Real Estate and Development
The good news for home-building nationwide? New Census figures that show housing starts in May were up 4.3 percent over April. But the statistics are even better for a Kansas City market starving for housing inventory: Figures from the Kansas…
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The housing market in Kansas City is well set on track to recovering from the fall backs caused by COVID-19, according to some local realtors. Kansas City’s market, according to local realtor Gary Kerley, is still a seller’s market. In…
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In a celebration of critical infrastructure success and development of south Kansas City, Burns & McDonnell took the wraps off its 142,000-square-foot Phase II addition to the Ward Parkway campus this morning. Celebrating completion of the $42 million project were…
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The 50 individuals you’ll meet in the following pages bring to an even 500 the number of Sunflower State residents from all walks of life who have been singled out for their over-sized contributions to business success, civic engagement, philanthropic…
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Restaurants around the country are rehiring employees after the layoffs they dealt with major layoffs due to the COVID-19 pandemic. Yum! Brands' Taco Bell, for example, is looking to hire 30,000 new workers this summer. Meanwhile, Dunkin' Donuts is looking…
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The retail industry has certainly had some tough times during the COVID-19 pandemic, as well as before the virus started in the United States. Now, J. C. Penney, which operates seven stores and a distribution center in the Kansas City…
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Retailers are increasingly being sued due to missed rent payments that stem from their closures during the COVID-19 pandemic. The latest high-profile case is against apparel chain Gap Inc. by Simon Property Group, the country's largest mall owner. For its…
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COVID-19 has taken its toll on hotels around the metro area, and now one of the largest in Johnson County, Kan., is having layoffs. The Sheraton Overland Park is laying off, or furloughing, 151 employees as a result of the…
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Leawood-based AMC Theatres, which has had its screens closed for several months due to the COVID-19 pandemic, is facing a $2.4-billion loss as a result. There is is also reportedly a "going concern" that the company can remain in business,…
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John Sweeney is a brokerage executive with Reece Commercial in Kansas City. Q. What’s your sense of how bankruptcies by major retailers will affect the market here? A. It will affect landlords and employment most of all. There remain plenty…
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