Break out the popcorn and cotton candy: Kansas City's historic Carnival Building recently was acquired by a partnership that includes Exact Architects, Terra Management and Select Sites. An approximately $10 million multifamily conversion now is proposed for the eight-story building.

Prairiefire's trustee is scheduled to settle up on about $290,000 in outstanding bond debt owed for the Overland Park mixed-use. The payment comes months after auditors with the Kansas Legislature cast doubt on the development's capacity to meet obligations for a separate, larger STAR bond issuance.

Northland neighbors and stakeholders will have the opportunity to shape transit-oriented development goals for a 16.4-acre former Kmart property.

Andrew Fischer and Henry Weiler, co-founders of Fischer Weiler Industrial, recently have completed several large Kansas City transactions involving industrial sites with outdoor storage. The two brokers have found significant value in creatively reusing existing properties for storage as barriers to entry crop up for new storage yards.

With urban redevelopment rezoning secured for almost 22 acres in the West Bottoms, SomeraRoad Inc. is cleared to seek historic tax credits to kick off an undertaking described by Mayor Quinton Lucas as "development at its finest."

Email exchanges obtained by the Kansas City Business Journal reveal that the Royals benched a refinancing of stadium bonds that would have helped cover some World Cup expenses at no cost to taxpayers.