KCI Intermodal BusinessCentre
The KCI Intermodal BusinessCentre is one of three significant pillars of industrial development in the Kansas City market. For a number of years, there has been a trend for Kansas City to be perceived as an ideal, centrally located point for logistics and distribution related companies. As a result of that interest in Kansas City as an Inland Port, three intermodals are being developed in Kansas City. KCI Intermodal BusinessCentre is being developed from a mandate from the City of Kansas City and its Aviation Department to act as bothan economic engine for the development of jobs and other economic development opportunities for the region and to utilize the unique aspects of the Kansas City International Airport with over 7,000 acres of undeveloped land surrounding the airport. The project is a development of the Trammell Crow company and is being exclusively marketed by the CB Richard Ellis Kansas City Industrial Team.
Dave Long, Deputy Director of Properties and Commercial Development with the Kansas City Aviation Department, David Hinchman, SIOR with CB Richard Ellis, Mike Mitchelson, CCIM withCB Richard Ellis, Jim Didion with Trammell Crow, Teresa Campbell with Trammell Crow, Joe Oscheln with CB Richard Ellis, and Brian Staton, CCIM, SIOR with CB Richard Ellis on site on a blustery November morning.
David C. Hinchman, First Vice President, CB Richard Ellis said in talking of the project, “This is a once in a lifetime opportunity for our team. We are excited to be partners with the City and TrammellCrow on this first class development project. We are finding so much demand for quality locations within the Kansas City market by corporate and entrepreneurial users of industrial real estate. This park, with its unique incentives, proximity to the airport, great labor force, and easy access to the metro interstate system, is an ideal location for logistics oriented companies. We are already working on several request for proposals from national companies who are reviewing this development as a potential location for their distribution operations.”
An aerial view of KCI Intermodal BusinessCentre
BOMA Luncheon
On Novemeber 12th, BOMA hosted a luncheon with guest speakers Sen. Julia Lynn, Sen. Jolie Justus, Rep. Ryan Silvey, and Sen. Charlie Shields. The panel spoke about the appeal of economic incentives to build and develop, the current state of property taxes, and the influence of regional public transportation, among other things.
Senator Julia Lynn, Rep. Ryan Silvey, Sen. Jolie Justus, and Sen. Charlie Shields fielding questions at last week’s BOMA luncheon
‘What Is the Future of the Kansas City Real Estate Industry?’
CBIZ & Mayer Hoffman McCann P.C. along with Polsinelli Shughart PC sponsored a real estate and economic outlook seminar titled “What is the Future of the Kansas City Real Estate Industry?” More than 150 real estate developers, investment bankers, underwriters, licensed real estate agents, investors, accountants, attorneys and government officials involved with the housing and development markets attended. The event was beneficial for other professionals as well, offering advice for both people in the real estate industry and the general business community. The seminar was held November 13th at the Marriott in downtown Kansas City, MO.