Real Estate and Development


Tenant-Advocacy Group Calls for Rent Moratorium

KC Tenants, a tenant-advocacy group, is calling on Missouri Gov. Mike Parson to institute a rent and mortgage moratorium, due to economic struggles residents are facing during the COVID-19 pandemic. The organization is calling on people to sign a petition… more

Bill Gates-Backed Venture Moving HQ to Lenexa City Center

Oak River Farms, an agribusiness company reportedly backed by Microsoft co-founder Bill Gates, is moving its headquarters from Louisiana to Lenexa City Center, reported trade publication REBusiness. The report says that Oak River will take up just under 4,600 square… more

A Death Punch for WeWork?

Office co-working company WeWork has some very prominent spaces in Downtown Kansas City. It has a location in the Crossroads' Corrigan Station development and recently took 101,000 square feet in what is now known as the Lightwell Building, at 1100… more

Analysts: AMC Near Bankruptcy

Analysts are saying that Leawood-based AMC Theatres is close to facing bankruptcy, though the company has not released a statement confirming that is the case. Last month, the company said it would close all of its 1,000 cinemas in the… more

Year-Over-Year KC Home Listings Plunge

New-home listings in the Kansas City area plunged 35.7 percent year over year as of April 5, according to Zillow. That number exceeds the national average drop of 27.1 percent. It is a strong contrast to March 1, when they… more

KCMO Issues $28M in Infrastructure Improvement Bonds

Kansas City has issued just under $27.79 million in improvement bonds  that would make infrastructure repairs to City Hall, Liberty Memorial, street reconstruction in the City Market area and parking garages. A $9.1-million portion would also be used to fund… more

Parson Chooses Florissant Hotel for First Alternative COVID Site

Missouri Gov. Mike Parson has chosen a Florissant hotel for Missouri's first alternative medical site for patients suffering from mild COVID-19 symptoms.  He said other sites are looking being looked at across the state for similar facilities. “Our hospitals and… more

Unemployment Filings Top 6.6 Million

Unemployment claims were in excess of six million for the second week in a row, due to COVID-19, bringing the numbers to nearly 17 million over the last few weeks. For the week ended April 4, claims were 6.06 million,… more

CDC Issues Worker Guidance for COVID-19 Exposure

The CDC has issued guidance for critical infrastructure employees who might have been exposed to someone with COVID-19 to return to work. Critical-infrastructure employees are considered those who work in 16 different sectors, including those in law enforcement, janitorial staff,… more

Port KC Pushing E-Commerce, Manufacturing Projects

Port KC has adopted a policy to fast-track e-commerce and manufacturing projects in distressed census tracts in an effort to bring more jobs to those areas The hope is that these quickly approved industrial projects could bring jobs with strong… more