Port KC celebrates $110M bond issuance bringing ACE Hardware to KC.

Kansas City, MO. – After nearly a year of hard work and innovative problem-solving, Port KC celebrates another successful deal bringing more economic development to Kansas City. Port KC welcomes ACE Hardware to Platte County.

Port KC was an effective partner to Hunt Midwest, garnering a $40M Industrial Site Development Grant from the Missouri’s Department of Economic Development (DED) funded through the American Rescue Plan Act (ARPA). Missouri Governor Mike Parsons approved the grant in May and the funds will be allocated toward infrastructure improvements such as new public streets, storm sewers, water mains, and sanitary sewer main extensions to the KCI 29 Logistics Park. Located at I-29 and Mexico City Ave., the KCI 29 Logistics Park is a shovel-ready 3,300-acre master planned mega site. It is the largest mega site under single ownership in the state of Missouri.

“We’re excited to add a world-renowned company like Ace Hardware to the growing list of businesses opening new facilities in Missouri,” said Governor Mike Parson. “Our state’s location in the center of the United States gives companies the ability to reach customers quickly. We’re proud to welcome Ace Hardware to Kansas City and look forward to watching its success in the region.”

ACE Hardware’s announcement of its selection of KCI 29 for its new retail support center (RSC), helps validate Kansas City’s position as a premier location for companies looking to optimize their manufacturing, distribution, and e-commerce operations. Port KC has worked diligently to bring in the logistics park’s first tenant. In June, Port KC Commissioners approved bond authorization for $110M to ensure this project was a success for the state. Ace Hardware’s new 1.5M square foot facility should open by 2025 providing 350 jobs with an average wage of $45,760.

Port KC’s team is excited to have been a part of this project to ensure Kansas City sees growth and opportunity on its horizon. Kansas City is now a leading industrial and logistics hub for North America. Companies are realizing Kansas City’s immediate access to water, rail, and interstates put customers and retailers within a two-day reach.