Thomas Friestad

3 weeks ago | bizjournals.com | Thomas Friestad

By submitting your information you are agreeing to our Privacy Policy and User Agreement . Cardinal Crest and Molzer Development are gearing up to build 180 to 190 apartments in the Beacon Hill neighborhood. Local developers are pursuing a five-block apartment project, parts of which have been years in the works, at and near Troost Avenue in Beacon Hill.

3 weeks ago | bizjournals.com | Thomas Friestad

Platte County and Park Hill Schools have long contested the Airport Marriott's use of a state tax break on its KCI property. In effect, the hotel could see improvements it makes to the property reduce, rather than increase, its valuation. That, in turn, shrinks tax revenue. The county and school district's ongoing lawsuit about the statute's constitutionality could have bigger ramifications, too: Nearby industrial buildings also have benefited from the treatment.

3 weeks ago | bizjournals.com | Thomas Friestad

The $161.9 million Troost Village proposal once pledged to restore multiple historic buildings but hasn't seen movement in some time. A Jackson County court judgment could kick-start some action. A historic hotel at the heart of a stalled $161.9 million development plan may be moving closer to a foreclosure sale after an order from a Jackson County judge about an alleged default in the year-plus legal dispute.

3 weeks ago | bizjournals.com | Thomas Friestad

The Country Club Plaza's new general manager gave updates on where development, leasing and security efforts stand for the historic 15-block retail center. Thirsty as metro residents may be for news on Country Club Plaza revitalization plans, its new general manager says the wait will be worth it eventually.

3 weeks ago | bizjournals.com | Thomas Friestad

The GSA's nationwide list of locations it wanted to sell originally included 443 properties. A revised list slashed that to eight, including one in KC. The General Services Administration appears to have right-sized its attempted right-sizing of what properties it owns around Kansas City. The federal government's landlord this week republished — and dramatically slashed — a nationwide list of "non-core assets," many of them offices and industrial buildings, it first released earlier this month.