Overland Park

Waddell & Reed HQ Move Gets Final Council Approval

The city council of Kansas City recently gave final approval Waddell & Reed's headquarters move from Overland Park to Downtown Kansas City. In January, wealth-management firm signed a lease to go into a new 18-story 260,000-square-foot building at 1400 Baltimore… more

Johnson County Makes COVID-19 Tracking Data Available by Zip Code

People can now track COVID-19 cases in Johnson County, Kan., by zip code.  The Johnson County dashboard shows a map with zip codes colored by the number of cases in the locale. As of April 15, there were 318 positive… more

Pinnacle Regional Hospital Closing

Pinnacle Regional,in Overland Park, is apparently shutting its doors after filing for Chapter 11 bankruptcy protection. In a recent letter to employees, the company's Chapter 11 trustee said that it is closing due to “unforeseen and unexpected business circumstances, including… more

Ferrellgas Raising $700 Million Via Notes

Coming off a year when revenues fell 18.75 percent, Ferrellgas, L.P. has announced two offers for a combined $700 million in senior secured first-lien notes that will earn 10 percent through their 2025 maturation dates. Last week, the nation's second-largest… more

Johnson County Enacts Furloughs, About $20M in Budget Cuts

Johnson County is furloughing 264 employees and will cut its fiscal year 2020 budget by $18.8 million and deferring another $2.3 million in expenditures for at least a year. The furloughed employees are in Johnson County government, the Johnson County… more

$2B Acquisition of Kissner Group Closes

Holding company Stone Canyon Industries Holdings (SCIH), based in Los Angeles, has closed on the the $2 billion acquisition of Overland Park-based Kissner Group Holdings, a commercial evaporated-salt producer. "We look forward to applying our long-term growth-oriented business model to… 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

Creative Planning Purchases D.C.-Area Firm

Creative Planning has made its third acquisition of the year, this time buying OptiFour, an investment adviser with $400 million in assets under management, based in McClean, Va.  In February it bought the Minneapolis-based Johnston Group, which had $500 million… more

Creative Planning Grows Overland Park Headquarters Campus

Wealth-management firm Creative Planning is set to break ground on its Overland Park headquarters-campus expansion. The company is adding 108,000 square feet to its footprint, bringing the total square footage to 335,750 square feet. Creative Planning moved into its current… more