Overview

Description

National Land Realty on behalf of landowners is proud to bring to the market a unique opportunity to be part of a multi-million dollar development in the Kansas City metro. The site sits within the strong path of development and metro expansion. A qualified, vetted developer will have the chance to bring a needed high-rise hotel/villas with amenities or entertainment attractions to the metro. The path of development will revitalize an extensive corridor of the metro. Primed to be the new tourist destination, this assemblage comprises 10 parcels totaling approximately 117+/- acres. Kansas City has been put on the world map with the announcement of several developments in the metro and drawing more attention with every established Fortune 500 company that makes KC their home.

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Gas and Propane

Highlights

• From the newly announced Panasonic Tesla mega battery plant bringing in 8,000 new jobs from the surrounding markets to the new single terminal international airport opening up in 2023 will welcome countries traveling to cheer their favorite team play in the World Cup games in 2026. The NFL draft in 2023, KC Current's new Women's soccer stadium in 2024, the KC Royals World Series Champions building their stadium closer to the action, Super Bowl Champions Kansas City Chiefs looking for their new stadium location, and for the first time the state of Kansas opening up sports betting providing opportunities for a flow of revenue that was not possible before.
• Assemblage is close to arterials: Kansas Highway 7 (73), Interstate 70, Parallel Parkway, and Thruway State Ave. All utilities nearby or onsite.
• Excellent county and state-maintained roads provide quick access to the many features and amenities that the Kansas City metro has to offer including: The Legends Shopping Plaza, International Airport, Interstate 70 for travelers across the country, NASCAR Speedway, KC Sporting Arena, Tom Watson PGA golf course at The National Country Club, Mission Hills & Indian Hills Country Club all within a 15-35 min driving distance.
• Significant market demand for high-rise luxury hotel, villas, and entertainment attractions with community amenities for users to enjoy local shops, restaurants, and attractions.
• Kansas City Retail Market vacancies for Q3 2022 remain strong around 4.5% with rents between $12-$14 SF.
• Kansas City's significant findings include: Business and Professional Services: Q3 2022 premium renewal rate change average was 8.07%, up from the Q2 2022 average of 8.72%. Construction, Erection, and Installation Services: Premium renewal rate change average was 9.85% for the quarter, up from the Q2 2022 average of 9.80%. Hospitality Services: Q3 2022 premium renewal rate change average was 10.40%, up from the Q2 2022 average of 8.82%. Real Estate Property: Premium renewal rate change average was 7.76% for the quarter, up from the Q2 2022 average of 8.81%. Retail Services: Premium renewal rate change averaged 9.53%, up relative to the Q2 2022 average of 9.51%.
• Schedule a Development Review Committee pre-application meeting by emailing EDR@wycokck.org your scope of work. DRC meetings are held every Tuesday and Thursday morning and require a (24) hour notice for pre-application meetings. Planning & Urban Design: (913) 573-5750

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