National

Google Has $600 Million Northland Plans

Tech giant Google plans to build a $600 million data center in the Northland, according to a press release put out by Kansas City Councilman and Port KC Commissioner Dan Fowler. Port KC approved a bond in that amount on… more

Stueve Siegel Chalks Up Huge Win in $1.5B Equifax Case

One of Ingram's Best Companies to Work might now be an even more attractive workplace. Law firm Stueve Siegel Hanson LLP, of Kansas City, was the lead counsel on a class action settlement by credit-reporting firm Equifax relating to a… more

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

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

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

Chateau Avalon In Bed With Choice Hotels

Chateau Avalon, a 61-room hotel near the Kansas Speedway in Kansas City, Kan., with uniquely themed suites such as "Camelot" and "Tuscany," has entered into a partnership with Rockville, Md.-based Choice Hotels, in which the latter lists Avalon under its… more

Kansas City Rent Growth Lower Than U.S. Average

[caption id="attachment_22245" align="alignleft" width="460"] Arterra, a luxury high rise in the Crossroads, has spaces for rent.[/caption] Here's some good news for residential renters and not-as-good-news for landlords: Kansas City rent growth year over year rose 2.8 percent, below the national… 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