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
| Jul 7, 2014
7 emerging design trends in brick buildings
From wild architectural shapes to unique color blends and pattern arrangements, these projects demonstrate the design possibilities of brick.
| Jul 2, 2014
Emerging trends in commercial flooring
Rectangular tiles, digital graphic applications, the resurgence of terrazzo, and product transparency headline today’s commercial flooring trends.
| Jun 30, 2014
Report recommends making infrastructure upgrades a cabinet-level priority
The ASCE estimates that $3.6 trillion must be invested by 2020 to make critically needed upgrades and expansions of national infrastructure—and avoid trillions of dollars in lost business sales, exports, disposable income, and GDP.
Sponsored | | Jun 27, 2014
SAFTI FIRST Now Offers GPX Framing with Sunshade Connectors
For the Doolittle Maintenance Facility, SAFTI FIRST provided 60 minute, fire resistive wall openings in the exterior using SuperLite II-XL 60 insulated with low-e glazing in GPX Framing with a clear anodized finish.
| Jun 18, 2014
Arup uses 3D printing to fabricate one-of-a-kind structural steel components
The firm's research shows that 3D printing has the potential to reduce costs, cut waste, and slash the carbon footprint of the construction sector.
| Jun 16, 2014
6 U.S. cities at the forefront of innovation districts
A new Brookings Institution study records the emergence of “competitive places that are also cool spaces.”
| Jun 12, 2014
Austrian university develops 'inflatable' concrete dome method
Constructing a concrete dome is a costly process, but this may change soon. A team from the Vienna University of Technology has developed a method that allows concrete domes to form with the use of air and steel cables instead of expensive, timber supporting structures.
| May 29, 2014
7 cost-effective ways to make U.S. infrastructure more resilient
Moving critical elements to higher ground and designing for longer lifespans are just some of the ways cities and governments can make infrastructure more resilient to natural disasters and climate change, writes Richard Cavallaro, President of Skanska USA Civil.
| May 26, 2014
New Jersey data centers will manage loads with pods
The two data center facilities totaling almost 430,000 sf for owner Digital Realty Trust will use the company's TK-Flex planning module, allowing for 24 pods.
| May 22, 2014
BIM-driven prototype turns data centers into a kit of parts
Data center design specialist SPARCH creates a modular scheme for solutions provider Digital Realty.
