Local

Tallgrass Energy Accepts $4B Investor Buyout

Leawood-based Tallgrass Energy, LP, is selling its outstanding stock to an investor group that includes an arm of private-equity firm Blackstone and Spain-based energy corporation Enagas, and others, for just over $4 billion. The investors are paying $22.45 each for… 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

Earnest Rouse Designated as KCMO Acting City Manager

Earnest Rouse, Kansas City's assistant city manager and director of general services, has been designated by Mayor Quinton Lucas to serve as acting city manager until a search is completed to fill the role permanently. The city council will vote… more

American Royal’s ‘Epicenter of Agriculture’ Taking Shape

The American Royal came one step closer to having a new flagship facility on Monday night after the planning commission of the Unified Government of Wyandotte and Kansas City, Kansas, approved the organization's development plans for a one-million-square foot complex.… more

Hostess Buying Voortman for $320M

Hostess Brands is purchasing Voortman Cookies Limited for $320 million from a San Francisco-based private-equity firm, boosting its exposure to the cookie category. “Voortman is a leading brand with a well-defined consumer position that complements and extends the growing Hostess… more

Schulte to Join Jackson County Administration

     Troy Schulte's retirement as city manager of Kansas City won't be much of a retirement: A week after he leaves City Hall, he'll mosey across the street to the Jackson County Courthouse, where he'll serve County Executive Frank… more

EPR Divests Charter-School Portfolio

EPR Properties, one of the Kansas City area's largest public companies, has exited the charter-school business to better focus on its core portfolio of experiential-entertainment real estate. The Kansas City-based real estate investment trust sold 47 assets in its charter-school… more

$350M Plan Would Redevelop Freighthouse Area

A $350-million plan made up of multi-story mixed-use buildings, including hundreds of residential units, has been submitted to the city in an ambitious move to transform the Freighthouse area, just to the south of The Crossroads neighborhood. The plan, put… more

Westlake Ace Hardware Buying N.Y. State Chain

Lenexa-based Westlake Ace Hardware continues its national expansion, purchasing a three-store chain in New York State, its first locations in the Northeast. Westlake is buying Haggerty Ace Hardware, founded in 1992, with stores in Cooperstown, Delhi and Walton, all in… more