Our projects don’t define us, but they do help define our city.
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As the conduit partner in the following projects, we promote development and encourage capital investment for projects with identified financial need. With our help, these projects have access to competitive rates. As an organization, we are moving towards a much-needed “social equity” consideration of future projects. This includes workforce and affordable housing projects, redevelopment in communities of need and creating jobs for the people who live in those areas.

We’ve provided bullet points to explain why we partnered in each of the following projects. 

CVS Distribution Center – $123 million bond issuance 

  • Near KCI in northern KC
  • 762,000 square foot facility
  • Supports more than 500 CVS Pharmacy stores in the Midwest
  • Important to KC because it brings 300 plus distribution and logistics jobs
  • Team effort in KC to land a Fortune 10 company
  • Logistics hub

Ross Custom Properties – $35 million bond issuance

  • Eastern edge of Kansas City in an area with a lot of need
  • The Blue River Industrial Corridor has lost significant manufacturing jobs over the past few decades
  • 87-acre site and part of the former AK Steel property
  • A challenging in-fill, brownfield redevelopment, meaning it is under-utilized in an urban space and environmentally contaminated
  • The project has several needs once it begins:
    • Needs environmental remediation in the ground and existing buildings and significant access issues
    • Needs infrastructure improvements to all utilities
    • Entire project will be completed in phases and involve demolition and renovation of existing buildings, and new construction
    • Will bring 100 manufacturing jobs to the area and over 500,000 square feet of new and redeveloped buildings
  • Continued reinvestment by the Ross Family in that area. Across the street, the redeveloped and started Custom Truck One SOurce, a company they founded and grew significantly 

Three Trails Industrial Park – $52 million bond issuance

  • In South Kansas City between I-435 and US Highway 71
  • The development fit Port KC’s mission of increasing and attracting industrial and distribution jobs and development
  • A challenging site – reclaimed former limestone mine that was filled in and sat undeveloped for nearly 15 years after a tax-increment financing (TIF) plan was established for the site
  • It includes 1.2 million square feet of modern Class A industrial space in 3 buildings. It was fully built and leased within 24 months of starting. It helped establish southeast KC are for new industrial development

Corrigan Station – $52 million bond issuance

  • To renovate a vacant and historic 10-story building in the Crossroads District into Class A office space with ground floor retail and amenities.
  • First Class-A multi-tenant construction within downtown in 20 years
  • Was 100% leased within 12 months of completion and brought several new companies to downtown
  • A second building was constructed directly adjacent and included a new 227-space parking garage to serve the building during the day and the Crossroads area at night