Real Estate and Development

Ready for Some Good News?

When the Design-Build Institute of America held a webinar last week to assess prospects for economic growth in the post-COVID-19 era, a market-intelligence expert for Olathe-based Pioneer IQ delivered a message of hope. The economy, said Pioneer’s Keith Prather, will… more

CBRE: KC Office Vacancy Holds Tight During Q1 

Office vacancy rates in the Kansas City area remained at 12.9 percent during the first quarter, unchanged from the fourth quarter, says commercial real estate services firm CBRE. Read the full CBRE report here. more

KC Housing Listings Drop Dramatically

Much as they have nationwide, home listings in the Kansas City area have dropped dramatically due to the COVID-19 outbreak. A report by Realtor.com says that home listings in the metro have dropped by 24.6 percent. That makes places it… more

Apparel Retailers Feel COVID-19 Pain

At least two national retailers with a significant presence in the Kansas City area are furloughing most of their workers in anticipation that they will need to keep their stores closed longer than they had previously planned. Macy's, with six… more

Watermark Starts Class A Apartments in Clay County

Indianapolis-based commercial real estate development firm Watermark Residential is building a 276-unit class A apartment complex in Kansas City, in Clay County. It will be located at 8101 Northwest Barrybrooke Drive, just east of Interstate 29. Watermark recently purchased 26… more

We’re In an Economic Crisis. But Companies Are Hiring

Several major companies are hiring right now despite COVID-19's significant downward-pull on the economy and the historic stock market crash. All of them have a significant presence in the Kansas City Metro area and could potentially ease the pain for… more

Independence Center Closes, And Shopping Centers Limit Hours

Independence Center, with more than 100 retailers in one million square feet, is closing its doors until March 30. Other retail centers are limiting their hours, and closing food courts. A statement on the website of the mall, which is… more

KC Casinos, Bars Close. U.S. Unemployment Claims Up

Casinos in the Kansas City Metro area are closed, as well as bars in Kansas City, Mo., creating what will likely be a serious unemployment situation. The Department of Labor said this morning, for the week ending March 16, total… more

Veterans Groups Choose Troost Corridor for Headquarters

Three veterans-services groups have chosen the Plexpod Westport Commons office complex as their temporary headquarters and are setting up a new organization, called Center for Military and Veterans Reintegration (CMVR), which aims to help veterans transition into civilian life. The… more

Hy-Vee Is Having Issues

Grocer Hy-Vee might be based in Des Moines, Iowa, but it has a major presence in the Kansas City area, with 24 locations from Manhattan, Kan., to the KC metro. And there is also the Hy-Vee arena, in the West… more