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Lane4 to lease Merriam Village, MainCor discusses Main Street progress

January 7th, 2010

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Developers Diversified Realty (DDR) has appointed Kansas City-based LANE4 Property Group, Inc. to lease Merriam Village in Merriam.  LANE4 will immediately begin a leasing program focused on the Center’s available retail space and development parcels.

“LANE4 is pleased to be associated with an international owner and manager of shopping centers with significant holdings in Kansas City,” said LANE4 Senior Vice-President, Jeff Berg (above).  “DDR is the sole owner and operator of Merriam Village and is ready to aggressively move forward with leasing and sales activities.”

Merriam Village currently has 53,182 square feet of built and available space for lease, along with 16 acres of ground parcels available for future development. 

 “The project (below) is located on some of the most valuable commercial real estate in the metro area.  Merriam Village has everything retailers desire in a regional shopping center, including a community with a strong, dense population and excellent visibility from Interstate 35, Kansas City’s highest traffic corridor,” said Tom O’Leary (above), LANE4’s Senior Vice-President.

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DDR selected LANE4 based in part on the strong, professional relationships forged from previous commercial transactions.  Berg adds, “We are proud to be one of the first third-party leasing firms DDR is working with in the region.”  LANE4 Property Group specializes in project leasing, tenant representation, development and property management of retail, office, hospitality and mixed-use projects throughout the United States including The Trails in Kansas City, The Village and Corinth Square in Prairie Village, Briarcliff Village in Kansas City, One Kellogg Place in Wichita, The Shoppes at Market Pointe in Papillion, Neb., and Tiffany Springs MarketCenter in Kansas City. Developers Diversified owns and manages about 665 retail operating and development properties in 44 states, Brazil, Canada and Puerto Rico. Totaling more than 147 million square feet, the company’s shopping center portfolio features open-air, value-oriented neighborhood and community centers, mixed-use centers, and lifestyle centers located in prime markets with stable populations and high-growth potential. Developers Diversified is a self-administered and self-managed REIT operating as a fully integrated real estate company. 

MainCor spreads the word about progress on Main Street

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MainCor, or the Main Street Corridor Development Corporation, held an informal, morning meeting recently to meet with neighbors, local business owners, police officers and others to talk about what’s happening on Main Street in Kansas City.
MainCor Executive Director Diane Burnette (above with Sgt. Joy Colmar) had lots of progress to report to the group. The mission of MainCor is to work to support commercial, mixed use and residential progress and effective community, economic and aesthetic development that creates and encourages the renewal and vitality of Midtown.
MainCor has a busy schedule for 2010, including member breakfasts, monthly luncheon, the Main Street Mile run in May, and the annual meeting Jan. 27. Below, Jeff Perry with Wild Oats talks to police officers at the breakfast meeting.
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Burnette talked about the progress they’ve made in the area, including grants to encourage home improvements in nearby neighborhoods and securing funds for improvements at Liberty Memorial, Penn Valley Park, and the Main Street Corridor Streetscape, which involves new lighting, sidewalks, trees and landscaping.
“Penn Valley Park is our own little Central Park in Kanas City, so we want to embrace it,” Burnette told the group.
Another big responsibility of MainCor is managing the Main Street Community Improvement District, or the “Red Shirts” who provide safe and clean services on Main and constantly improve the perception of the area.
In 2010, MainCor will focus on the streetscape plan as well as many other projects including updating the corridor’s design guidelines and addressing transporation issues in the area. Below, Ashley Lee with MainCor talks with guests Robert Kalkofen and “Red Shirt” Richard Goins.
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Learn more about MainCor and all its upcoming activities at www.maincor.org.

This entry was posted on Thursday, January 7th, 2010 at 5:59 pm and is filed under Commercial, Commercial Friday issue. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.