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Hyatt House hotel becomes first test for KC ordinance setting building timelines for incentive-backed projects

June 21, 2023 by Thomas Friestad

Under a recent Kansas City policy imposing construction deadlines for incentive-receiving developments, the team behind a Hyatt House hotel in Quality Hill would have had to complete the long-stalled project by June 2024. City officials agreed to extend that timeline two years due to financial difficulties stemming from the hotel's original planned lender.

Filed Under: Uncategorized

With Tiffany Springs Logistics Park, Block plans 3.72 million industrial square feet in Northland

June 20, 2023 by Thomas Friestad

New industrial plans from Block Real Estate Services LLC call for up to 3.72 million square feet of speculative industrial space, or an estimated $365 million in investment, west of Interstate 29 in Kansas City's Northland.

Filed Under: Uncategorized

VanTrust promotes longtime executive to lead KC development

June 16, 2023 by Thomas Friestad

Grant Harrison, a 13-year veteran with VanTrust Real Estate LLC, will take over for Rich Muller as executive vice president, leading the local builder's Kansas City development team.

Filed Under: Uncategorized

Panasonic’s EV-battery plant will energize De Soto’s attraction of more companies

June 16, 2023 by Thomas Friestad

As the $4 billion Panasonic EV-battery plant continues coming out of the ground in De Soto, the city will be able to easily capitalize on the facility's presence to lure more businesses to town.

Filed Under: Uncategorized

Airbnb listings abound in KC apartments backed by incentives, but a new policy may bring changes

June 15, 2023 by Thomas Friestad

Kansas City's new short-term rental policies, which became effective Thursday, include tighter provisions for listings in apartment buildings with active tax incentives. The city acknowledged some room for interpretation in cases where units are listed for varying lengths of stay.

Filed Under: Uncategorized

Grayson Capital takes early development step for new 18th & Lydia apartments

June 14, 2023 by Thomas Friestad

The second Kansas City multifamily community planned to date by Grayson Capital LLC will entail close to 200 apartments and retail space on surface parking lots near the 18th & Vine Jazz District. The project could involve some partnership with the Negro Leagues Baseball Museum.

Filed Under: Uncategorized

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