Real Estate and Development


Massive Shawnee Industrial Park Breaking Ground Soon

Shawnee is about have a significant increase in warehouse and distribution-center space. Heartland Logistics Park, a two-million-square-foot industrial project over 182 acres, is expected to begin construction by the end of the current quarter at the intersection of Kansas Highway… more

Will Payless ShoeSource Make a Comeback?

Topeka-based Payless ShoeSource has emerged from Chapter 11 bankruptcy, and management is geared up for a comeback. In some ways, the retailer, which closed all of its 2,300 North American stores last year, never really went away. It operates 420… more

Senior Housing Advisory Firm Heads to Former Sprint Campus

Seattle-based senior-housing advisory firm A Place For Mom recently signed a lease in The Campus, the new name of the former Sprint World Headquarters site, and its management plans to bring about 600 jobs to the area. CBRE is representing… more

Waddell & Reed Signs Lease to Move Downtown

Waddell & Reed has signed a lease to move its headquarters from Overland Park into a yet-to-be constructed building in Downtown Kansas City, and company management expects construction to start within two months. The plans, forecast for completion in 2022,… more

Macy’s Departure To Leave Retail Hole in Prairie Village

About 120,000 square feet of retail space will become vacant when Macy's shuts its doors at Prairie Village Shopping Center. The city's mayor, Eric Mikkelson, announced at a city council meeting that the center's owner, First Washington Realty, told him… more

Hoping for Hyperloop? Missouri Residents Have Company

Missouri economic-development and community leaders have been pushing hard to land the first U.S. installment of Virgin Hyperloop One, a high-speed transportation platform that could one day send travelers to destinations at up to 700 miles per hour and make… more

Houlihan’s Joining Landry’s Restaurant Empire

Leawood-based Houlihan's + Bar restaurants, which filed for Chapter 11 bankruptcy earlier this year, is being acquired by Landry's, the Houston-based company that owns 600 restaurants, including the McCormick & Schmick's, Joe's Crab Shack and Rainforest Cafe chains, among others.… more

City Wide Moving HQ and Opening D.C. Branch

Lenexa-based City Wide Maintenance, a growing national franchiser of commercial janitorial and building-maintenance services, is moving its headquarters and openings its first location in Washington, D.C. The company is staying in Lenexa, moving into a new 28,000-square-foot space under construction… more

KC Renters Spent $24.3B in 2010s

Rents paid for housing in the Kansas City metro area over the last decade hit a total of $24.3 billion, according to a recent analysis by home-selling site Zillow, and the total amount paid this year were 69.1 percent higher… more

Waddell & Reed Wins Approval for Downtown Move

Overland Park-based Waddell & Reed plans to move its headquarters to Downtown Kansas City, and it's not planning to go into the proposed Strata development. The city's Neighborhood Planning and Development committee passed a package of incentives for the move,… more