The commercial real estate firm Hunt Midwest expects to begin construction next year on the first of more than two dozen buildings on 3,300 acres of land that Hunt Midwest has assembled adjacent to Kansas City International Airport.
Hunt Midwest recently closed on the acquisition of 1,300 acres that are contiguous with roughly 2,000 acres it already owned. Hunt Midwest intends to invest close to $1.3 billion over the next decade to develop and build on this land 18 million sf of Class A logistics and manufacturing spaces. City approvals and building designs are pending.
In response to questions from BD+C, Hunt Midwest stated that it anticipates 27 industrial buildings on the site, ranging from 189,000 sf to 1.14 million sf. Buildout, said the developer, will be a phased approach based on market demand, with a mix of spec and build-to-suit inventory planned.
Olsson has completed the project’s initial civil design. The vertical construction team will be selected at a later date, said Hunt Midwest. 2023 is also when the airport’s new single terminal is scheduled for completion.
A TRANSPORTATION HUB
“We saw this acquisition as a good strategic move to augment the unprecedented industrial growth that Kansas City is experiencing,” said Ora Reynolds, Hunt Midwest’s President & CEO, in a prepared statement. “Disruptions in the global supply chains have driven the need to store more inventory closer to the end consumer and to re-shore manufacturing back to the United States. We hope to capitalize upon these demand drivers with some big ‘wins’ right here in Kansas City.”
KCI 29 Logistics, as this development has been dubbed, would be the largest logistics park in the state of Missouri. It will provide immediate access to the airport’s air cargo operations, which includes hubs for UPS, FedEx and USPS; and to Interstates 29 and 435 via the Mexico City Interchange. The park will offer users the ability to reach 90 percent of the U.S. population within two days via truck or air freight. Area infrastructure includes onsite transmission level power, a transmission waterline, and wastewater treatment plant.
“In addition to Kansas City’s desire to serve our region’s flying public, our investment in a new airport terminal was also meant to spur new economic activity in underdeveloped areas surrounding KCI,” said Quinton Lucas, Kansas City’s Mayor. “I’m glad to see these efforts materialize, and I appreciate Hunt Midwest’s partnership in these job-creating efforts.”
Related Stories
Movers+Shapers | Jun 16, 2016
THE PANAMAX EFFECT: Panama Canal expansion could trigger an East Coast construction boom
Cities lining the East Coast and Gulf Coast, from New York City to New Orleans, are spending big bucks to accommodate the larger vessels that will now be able to cross a wider and deeper Panama Canal.
Self-Storage Facilities | Apr 20, 2016
Design is now a factor in storage wars
Self-storage facilities are blending into neighborhoods better, and competing for rentals from women, their primary customers.
Industrial Facilities | Apr 13, 2016
Ford begins 10-year plan to centralize Dearborn, Mich., campus
The company said that it will rebuild 7.5 million sf of work space over a 10-year period, which will shift 30,000 employees from 70 buildings now into two primary locations.
Game Changers | Feb 5, 2016
Tesla: Battery storage is not just about electric vehicles
With his $5 billion, 13.6 million-sf Gigafactory, Tesla’s Elon Musk seeks to change the economics of battery energy storage, forever.
Game Changers | Feb 4, 2016
GAME CHANGERS: 6 projects that rewrite the rules of commercial design and construction
BD+C’s inaugural Game Changers report highlights today’s pacesetting projects, from a prefab high-rise in China to a breakthrough research lab in the Midwest.
| Jan 14, 2016
How to succeed with EIFS: exterior insulation and finish systems
This AIA CES Discovery course discusses the six elements of an EIFS wall assembly; common EIFS failures and how to prevent them; and EIFS and sustainability.
Giants 400 | Sep 10, 2015
INDUSTRIAL SECTOR GIANTS: Stantec, Turner, Jacobs among top industrial AEC firms
BD+C's rankings of the nation's largest industrial sector design and construction firms, as reported in the 2015 Giants 300 Report
Industrial Facilities | Sep 3, 2015
DATA CENTER SECTOR GIANTS: Fluor, Gensler, Holder Construction among top data center AEC firms
BD+C's rankings of the nation's largest data center sector design and construction firms, as reported in the 2015 Giants 300 Report
Industrial Facilities | Aug 18, 2015
BIG crowdfunds steam ring prototype for Amager Bakke power plant project
The unusual power plant/ski slope project in Copenhagen will feature a smokestack that will release a ring-shaped puff for every ton of CO2 emitted.
Sponsored | Industrial Facilities | Aug 17, 2015
California wastewater agency wins with radiant technology
The Big Bear Area Regional Wstewater Agency tried several different methods to dry the sludge with only marginal success, so they decided to devise a new system that would be more effective, more efficient and would reduce the odor complaints.
