REMAX Commercial real Estate Kansas City

Argus Kansas City Chapter Commercial Real Estate

Overland Park approves star-bond plan for mixed-use real estate development

OverlandPark approved the sometimes controversial financing plan for a large scale development slated to go in at 135th and Nall.  It will feature the nation’s first museum for hosting traveling exhibitions of New York’s American Museum of Natural History.

As quoted from the Kansas City Business Journal:

Related attractions proposed for the 56-acre Prairefire site include wetlands,an interpretive walk and a hike-and-bike trail to celebrate the state’s prairie heritage.

Also proposed are 350,000 square feet of retail space,which is crucial to the sale and repayment of the STAR bonds;300,000 square feet of offices;750,000 square feet of residential space;and a 100,000-square-foot hotel.

When completed this developement can only lead other nearby commercial and residential developements into a new era for Overland Park real estate.  I say congrats to Overland Park and Kansas City in general.  it will bring tourists to the hotels and diners to the area restruarants.

RE/MAX Best Associates –Commercial Division is affiliated with RE/MAX International.

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