Local News


Flashcube Apartments Development Lands $33M in Financing

The Flashcube Apartments project at 720 Main St. has its redevelopment future more secure. Owner WI Flashcube landed a $32.95-million redevelopment loan in a deal arranged by John Schorgl of Berkadia Commercial Mortgage's Kansas City office. The financing came from UC… more

Isle of Capri, Harrah’s To Have Same Owner

Two of the biggest casinos in the Kansas City area are on track to have the same ownership. Isle of Capri Casino owner Reno, Nev.-based Eldorado Resorts, is purchasing Caesars Entertainment Corp., owner of Harrah's North Kansas City, for $17.3… more

City Wide Heads North of the Border

City Wide Maintenance Co., the Lenexa-based building-maintenance and janitorial-services franchisor, is opening its first location in Canada, in southwestern Ontario, and the firm has plans to further expand in the country. The company's leadership announced its intention to enter Canada… more

VIDEO: Sean Miller: K.C. Employee Retention Improving

[embed]https://www.youtube.com/watch?v=TPu9j-mjbzU&feature=youtu.be[/embed] There's a lot of talk about the difficulty Kansas City area employers' ability to retain workers, but the situation has constantly improved over the years, says Sean Miller, chief executive officer of insurance firm Robert E. Miller Group. More… more

K.C. Development Community Pleased with Question 1 Vote

If Question 1, a referendum on Tuesday's election ballot had passed, a 50-percent cap would have been placed on the amount of tax abatement paid by developers for projects considered economic development in Kansas City. Not surprising then, that the… more

VIDEO: Faruk Capan on K.C.’s Stable Workforce

[embed]https://www.youtube.com/watch?v=CSm-qwpjuQQ[/embed] Sure, most of Intouch Solutions' clients aren't in the Kansas City area, and his company is based in Overland Park, but it doesn't bother CEO Faruk Capan. After all, the company has offices around the country, and he says… more

Probiotic Holdings Grows Industrial, Consumer Business, Raises $9M

Kansas City-based Probiotic Holdings, which manufactures probiotic materials used in agricultural, consumer and industrial products is growing, and investors have put $9.3 million toward its operations so far this year. The company has 44,000 square feet of offices, laboratories and… more

Kansas City Scores Major Win with Two Ag Dept. Sites

Kansas City has secured two highly prized federal agencies that have been reviewing relocation sites nationwide: The Department of Agriculture’s Economic Research Service  and National Institute of Food and Agriculture. The Kansas City Area Development Council announced that decision with a… more

Academy Bank Parent Purchases KCB Bank

[caption id="attachment_22007" align="alignleft" width="480"] KCB Bank headquarters, in Kearney.[/caption] Academy Bank is growing in the Northland with the purchase off KCB Bank and its six branches there in various cities, as well as Bonner Springs. Dickinson Financial Corp. (DFC), Academy's… more

Sprint Brings 5G to Kansas City, Other Cities

Kansas City is one of five metro areas nationally to have a 5G network operated by Sprint. The announcement came today during a presentation by company CEO Michel Combes and others. Sprint's Kansas City 5G network covers 625,000 people and… more