Johnson County Community College

2022 forecast optimistic despite challenges ahead

2022 forecast optimistic despite challenges ahead

Photo credit: Arch Photo KC

Nation's largest senior care referral firm selects KC for new office, creating 600+ jobs

The largest senior care referral service in North America, A Place for Mom, Inc. (APFM), plans to open their fourth office location in Overland Park, Ks. next week.

The Seattle-based, privately-held company signed a lease on a temporary space on the Sprint Campus while they finalize their new office details - including building out their permanent Overland Park location.

With offices currently in Seattle, New York City and Naples, FL., APFM's growing business plans include creating more than 600 jobs in the KC metro area in the coming years.

“We are committed to creating a world-class operation in the Kansas City area as we continue to transform our business to best serve our customers,” said Larry Kutscher, CEO of A Place for Mom.

A Place for Mom’s new Overland Park office will be the home to several job categories that are core to the company’s business operations - including managerial talent, finance and human resources professionals, local advisors, information technology experts, engineers, designers, writers, customer service associates and other support staff functions.

“We’re thrilled A Place for Mom has chosen Kansas for its new location. The jobs created and the investment in Overland Park will have a significant impact on the Greater Kansas City region,” Kansas Secretary of Commerce David Toland said.

“We look forward to welcoming A Place for Mom to the Kansas community and working with them as they grow their presence in our state,” Toland said.

Founded in 2000, A place for Mom employs more than 500 senior living experts and works with more than 16,000 provider communities in the United States and Canada. By growing its core operations, APFM will be able to continue to provide the most up-to-date information, tools, and options to help customers find the senior living arrangement that would best meet their specific needs.

“Overland Park regularly ranks among the top places for families in the nation, including caring for members of our extended family,” said Overland Park Mayor Carl Gerlach.

“It’s truly an honor for Overland Park to be home to A Place for Mom, a company that provides insight and information to make it a little easier to give the compassionate and necessary attention our parents and elders deserve. We look forward to supporting the company’s growth and its 600 employees in the coming years,” Mayor Gerlach said.

The Kansas City Area Development Council (KCADC) worked with a number of regional partners in attracting A Place for Mom to the Kansas City region including the Overland Park Chamber of Commerce and Economic Development Council, the Kansas Department of Commerce, Occidental Management, Parker + Lynch/Ajilon, CBRE, Evergy, Kansas Gas, Johnson County Community College and TeamKC

“The Kansas City region naturally excels at customer care and offers competitive location advantages for companies from both coasts that need to serve a North American customer base,” said Tim Cowden, president and CEO of KCADC.

“We are excited to welcome A Place for Mom into our region’s operational and shared services corridor in KC Heartland,” Cowden said.

Hiring is already underway, and there will be openings at all levels, from recent college graduates to senior management. Interested candidates are encouraged to view opportunities and apply at aplaceformom.com/about/careers

Sprint campus sale, new DT office tower among most anticipated CRE events of 2019

The expected sale of Sprint's 4 million square foot Overland Park campus will be a bellwether event for the Kansas City regional commercial real estate market in 2019. That's the consensus from panelists at MetroWire Media's KC Market Forecast held Jan. 8, at Johnson County Community College. The event was moderated by Kansas City Area Development Council (KCADC) President and CEO Tim Cowden.

"It's going to have a monumental impact. We're talking about 25 percent of the KC office market trading hands in 2019," said Mike Klamm, Managing Director for CBRE's Kansas City office. "The new owner will have new objectives, motivations and strategies to put tenants on that campus."

The sale could bring an estimated 1 million to 1.5 million square feet of Class A office space up for lease in the historically strong Johnson County submarket by the middle of the year. 

Beyond Overland Park, Sprint's pending merger with T-Mobile will reverberate throughout the region's office market as communities seek creative ways to backfill the carrier's inventory of older office space.

"We have a lot of Class B space in Platte County," said Alicia Stephens, Executive Director of the Platte County Economic Development Council. "To see what Sprint did when it first opened and then when it downsized- and now with the merger-  I think it has a long-term impact for us."

As Sprint seeks suitors for its campus, Copaken Brooks will continue to build its case for a new, Class multi-tenant high-rise office building in Downtown Kansas City. The 250,000-square foot tower would be the first of its kind in about 30 years.

"We think people will pay a premium for something new and innovative in terms of layout, size and technology. The task is figuring out how deep is that market, and how much do people really want to pay?" said Jon Copaken, Principal of Copaken Brooks. "We feel the time is right to explore than and get that done."

Other top development stories to watch in 2019, according to MetroWire Media panelists:

*Construction of the new KCI (Alicia Stephens)

*Growth in Data Center, K-12 Educational projects (Randy Bredar, JE Dunn Construction)

*Fruition of several sports-themed mixed-use projects, such as Bluhawk in South Overland Park (Bart LowenPrice Brothers Development)

*KC Streetcar extension to UMKC (Jon Copaken)

*Access to Opportunity Zones (Mike Klamm, CBRE)

Check out a slideshow from the event here. Photos courtesy of Jacia Phillips, Arch Photo KC.