Local News

Snow Creek Parent Peak Resorts Selling for $264 Million

Peak Resorts, the owner of the Snow Creek ski park in Weston and 15 other facilities across the country, is getting purchased by Vail Resorts for $264 million.  Tim Boyd, president and chief executive officer of Wildwood-based Peak and one… more

South K.C. Getting $68 Million Niagra Water Plant

Bottled-water company Niagra Bottling is building a $68 million, 420,000-square-foot production facility in CenterPoint Intermodal Center, at the corner of Highway 71 and Missouri Route 150, which is expected to create about 50 jobs. CenterPoint Intermodal is owned by Oak… more

Would Stopping ‘Border War’ Help Landlords?

The end of the 'border war' in the the Kansas City metro area that gives tax incentives to businesses to cross the state line could soon come to a close if Kansas government adopts a proposal to stop the practice.… more

Aratana’s Fast Growth Leads to $245 Million Sale

Aranta Therapeutics, a Leawood-based pet-pharmaceutical company, is being acquired by Elanco Health Animal Health, based in Indiana, for about $254 million, in a deal recently approved by the former's shareholders. After the acquisition, Artana, which was ranked first in Ingram's… more

Former UMB CEO Hagedorn Takes Valley National Job

[caption id="attachment_12279" align="alignleft" width="300"] Hagedorn in 2017.[/caption] Michael Hagedorn, the former president and chief executive officer of UMB Financial Corp., is now the chief financial officer of Valley National Bancorp, based in Wayne, N.J. Hagedorn unexpectedly left UMB last year… more

K.C. Shared-Office Space Keeps Expanding With WeWork Addition

Co-working, or office spaces used by multiple different companies, is an international trend that has taken off over the last few years, and Kansas City has experienced its impact. Possibly the two most visible examples are Plexpod Westport Commons, in… more

B&B Theatres Part of Major Northland Mixed-Use Plan

A massive mixed-use development in the northern part of Kansas City, straddling Clay and Platte counties near highways 169 and 152 has a second anchor tenant. B&B Theatres is planning a 74,000-square-foot cinema-entertainment facility at what is being referred to… more

A Look At J. Rieger & Co.’s Past As It Opens New Distillery

[embed]https://www.youtube.com/watch?v=MErhP0mr6Ek&feature=youtu.be[/embed] Tomorrow is the official opening of the new J. Rieger & Co. distiller in the East Bottoms neighborhood. The 60,000-square-foot facility will also have three bars and a jazz club. With that, we thought we'd share a tour of… more

Isle of Capri Casino Trading Hands, Planned for Overhaul

Eldorado Resorts, which is in the process of buying Harrah's North Kansas City as part of its bigger agreement to purchase Caesar's Entertainment, is now selling Isle of Capri Casino.  The sale is to Providence, R.I.-based Twin River Worldwide Holdings,… more

Wichita Firm Now Owns Sprint Campus

Wichita-based Occidental Management has closed on its purchase of the Sprint headquarters in Overland Park, according to an announcement on its Facebook page.  The deal, which closed for an unspecified amount (it is appraised at $342 million, according to Johnson… more