Real Estate and Development

Block & Company acquires former Best Buy building in KCK

On Wednesday, Block & Company, Inc., Realtors announced their new ownership of the former Best Buy located in the Plaza at the Speedway shopping center at 10500 Parallel Parkway in Kansas City, Kan. The building makes up 46,538 square-feet and is… more

Plans clear for Scannell Properties’ warehouse project at former Woodlands racetrack

Currently sitting vacant, the Woodlands racetrack will soon begin to be replaced by a warehouse distribution center and office park after the project - proposed by Scannell Properties - was approved by the Unified Government of Wyandotte County and Kansas… more

Two warehouse developments make plans to build in Grandview

Last week the Grandview Board of Aldermen approved measures allowing CDM Capital Asset Group Inc. to take over six acres of land from developer Botts Road Property LLC. The land sits within Southpointe Business Park, currently under ownership of Botts… more

Northland mixed-use project to include development of over 400 acres

The Kansas City Plan Commission voted 5-2 last week, approving a request to rezone 487 acres for a planned development district around the intersection of Missouri Highway 152 and North Platte Purchase Drive. Also approved by the commission was a… more

Housing market shows new pending sales grew more than 10 percent from previous week

Continuing its upward trend, the housing market remained at a quick pace last week, according to Zillow’s Weekly Market Report. Newly pending sales grew more than 10% from the previous week and those homes typically sold after just more than… more

Online rural real estate searches surge

Web searches for rural real estate properties has increased significantly since the start of 2020 as more and more people look to leave urban life in exchange for a change of pace and remote living. Visitors to websites that focus… more

Housing starts, building permits and housing completions up in June

New home sales have risen a significant amount amid the coronavirus shutdown, shining through as an encouraging sign in a recovering economy. June housing starts rose 17.3% from May, to 1,186,000 (SAAR), and were down 4 percent from a year ago,… more

Kansas City listed among most attractive cities for new development projects

Companies looking to move and expand in the future were surveyed by the Site Selectors Guild in partnership with Development Counsellors International. Conducted on June 29, the survey found that many companies are taking preference in mid-size urban regions and… more

Consumers in June show mixed feelings about the labor market, positive numbers in new home sales

Consumer confidence reports from last month in June were a mixed bag, a June survey showing consumers gave themselves a 47.6% chance of finding a job in the next three months, on average, down from May. Respondents said they believe… more

Transformation in Troost business district set to finish Spring 2021

As work continues along Troost Avenue, three historic buildings being renovated - Michelson, Shankman and Tycor - will be restored as office and retail space and a proposed museum of regional Native American culture, according to CityScene KC. Called the… more