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Real Estate and Development

Report: Refinancing, Purchase Activity Levels in Housing Market

Posted January 9, 2024 The housing market could be turning a corner according to Moody's Analytics which shows more homeowners are refinancing at a level not seen since the start of 2023. Refinancing hit its highest level since the beginning… more

Merriam Planning Commission Approves Next Step for Cinemark Renovation

Posted January 4, 2024 The Merriam Planning Commission voted to approve the remodel design proposed by Cinemark Theaters, which will see the addition of new entertainment venues to the Kansas City, Kansas theater. The planning commission meeting took place Wednesday… more

The Builders, Burns & McDonnell Partnership Addresses Construction Labor Shortage

Posted January 4, 2024 The Kansas City metro is gaining development traction with more construction projects entering the pipeline and a new partnership is hoping to answer a concern in the industry, the labor shortage. On Wednesday, Tim Cowden, CEO… more

Cinemark Theatres Request Renovations to Remaining Merriam Location

Posted on January 2, 2024 As movie theaters act to regain larger audiences, Cinemark Theatres is requesting approval from the City of Merriam to renovate the nearly 26-year-old theater complex at Merriam Town Center. Cinemark is requesting Merriam’s approval for… more

Kansas City is Looking to Preserve Steel from $257M Buck O’Neil Bridge Project for Future Use

Posted on January 2, 2024 Kansas City is looking for a firm to lead the management, logistics and distribution of materials for the Buck O'Neil Bridge, using its steel for future development projects throughout the city. The Buck O'Neil Bridge,… more

U.S. Economy Faces $117B Mortgage Debt in 2024, Owners Struggle to Refinance

Posted on January 2, 2024 The U.S. is facing more than $100 billion in mortgage debt in 2024 as loans on vacant office buildings and a higher defaulting rate could hurt the economy. About $117 billion is expected to be… more

KCRAR Merger Expands Operation to 46 Counties in KS, MO

Posted December 27, 2023 The Kansas City Regional Association of Realtors (KCRAR) is merging with the Southeast Kansas Association of Realtors (SEKAR), bringing KCRAR jurisdiction to a total of 46 counties across Eastern Kansas and Western Missouri. The KCRAR Board… more

Missouri State Auditor Finds Jackson County Assessment Process Unlawful

Posted December 21, 2023 Missouri State Auditor Scott Fitzpatrick said up to 200,000 homeowners in Jackson County were victims of a flawed assessment process and urges homeowners to pay under protest. Fitzpatrick believes the failure of the Jackson County Assessment… more

Kansas City Ranks in Most Affordable, Fastest-Growing Cities in U.S.

Posted December 19, 2023 Kansas City, Mo. has been placed among the 25 most affordable and fastest-growing cities, according to an analysis from GoBankingRates. Kansas City ranked in the No. 7 spot with leading factors attributed to the average typical… more

City Approves Changes, $11.3M Tax Incentives For Wichita Ballpark

November 28, 2023 Wichita City Council members voted to approve changes in a development plan for a $110 million mixed-use development in the Delano neighborhood. Council members passed an amendment to the Wichita Riverfront Stadium, allowing $11.3 million in tax… more