Coming Soon: Lane4's Liberty Logistic Center

by MWM Staff

LANE4 Property Group plans to break ground within a month on a major development in Liberty, Missouri.

The new development, named Liberty Logistics Center, will be located on a 68-acre tract of land at MO Highway 69 and Liberty Parkway, adjacent to the Ford Assembly Plant and visible from Interstate 35.

“We love this project for a variety of reasons,” said Hunter Harris, partner at LANE4. “Because of its immediate access to I-35 and 10-minute access to I-70, the site is ideal for distribution and logistics-focused users looking for supply chain advantages. Liberty is one of the fastest growing communities in the region, responsive to economic development and a prime location for a growing workforce. Overall, this project encompasses all the characteristics we look for when deciding where to invest.”

The development will feature three large buildings, built on a speculative basis, available for commercial manufacturing and distribution operations.

The largest and first to be constructed building will be 741,000 SF with 36-floor ceilings and up to 146 dock doors. The two smaller buildings will be 80,000 SF and 132,000 SF with 32-foot ceilings, accommodating smaller users. All the buildings will feature 50 by 50-foot column spacing with 60-foot speed bays, office storefronts and clerestory windows around the exterior.

Additionally, the development will include a retail portion, Liberty Parkway Plaza, containing eight pad sites fronting I-35 and the Logistics Park. These pads are ideal for restaurants and retailers to cater to the logistics center tenants and employees, as well as the surrounding population.

This development embodies LANE4’s evolution from a retail-focused brokerage firm to a geographically-focused, full-service firm developing multiple asset classes. The transition into multifamily, senior living and industrial projects began with the firm’s first mixed-use project, 39Rainbow in Kansas City, KS in 2012.

Since then, LANE4 has invested heavily in non-retail assets through both acquisition and development, and now maintains a well-diversified portfolio.

“We’ve developed a solid set of real estate fundamentals that guide our endeavors. Our strength is in understanding the commercial real estate landscape of Kansas City and the Midwest region, and recognizing the potential for successful projects, regardless of asset class,” Harris said.

Construction is expected to begin within a month and the first of three buildings will be complete in late 2020.

LANE4 Property Group serves as the developer for the entire project as well as leasing/sales agent of the retail component. Joe Orscheln with CBRE is providing industrial leasing services. Architecture and engineering services are provided by Davidson Architecture and Engineering.

Luxurious Copper Ridge Apartments debut in the Northland

Lenexa-based general contractor Neighbors Construction Company, Inc. recently announced the completion of Copper Ridge Apartments, a luxury multifamily construction project in Liberty, MO.

Located adjacent to the expanding 291 Highway retail and entertainment corridor, the new apartment community is fulfilling market demand for high-quality housing in the booming area.

The 394,475 SF project features 292 units in six buildings, plus one central community clubhouse.

Constructed on a sloping hillside, the clubhouse makes a dramatic statement with an infinity-edge salt water pool and an outdoor terrace, compete with a custom grilling station. Clubhouse amenities include a fitness center, theater lounge, pub room, business center, massage therapy room, community kitchen and social hall gathering space.

NSPJ Architects provided design and architecture services for the community and its luxury units, which feature granite countertops, stainless appliances, wood plank flooring, brushed nickel fixtures, contemporary two-tone paint colors, and large windows which bring in abundant natural light.

Many units feature peaceful tree-lined views; others feature “infinity views” of the downtown KCMO skyline.

Project stakeholders include local developer NorthPoint Development in conjunction with GFI Development Company on behalf of New York-based GFI Capital Resources, Inc.

“Neighbors Construction Company did a magnificent job bringing to life an NSPJ Architects-designed multi-family community. We are excited to be one of the newest members of the Liberty community that has such deep roots,” said Andy Ashwal, GFI vice president and senior asset manager.

Ryan Neighbors, vice president at Neighbors Construction, credits the construction “team approach” for the success of the project, which was delivered two months earlier than anticipated despite several challenges including a nearly 50-foot elevation change from one end of the site to the other with a public street right-of-way crossing through the site and an 18% slope on the road leading into the community.

“We were thrilled to complete the community clubhouse and amenities earlier than promised. It is always our goal,” said Neighbors.

“Copper Ridge Apartments was developed for the modern renter who is more sophisticated and savvier than ever before,” said Kimi Medler, Copper Ridge property manager .

“From millennials to empty nesters, our residents are seeking more than a living space, but an entire lifestyle complete with luxury amenities and care-free living.  Together we have created an incredible sense of community, and our residents are consistently commenting on the incredible staff and experiences at Copper Ridge,” Medler added.

Since opening in July 2018, Copper Ridge has averaged 22 move-ins a month. Leasing remains strong with the development reaching stabilization in one year. Additional inquiries can be made through www.CopperRidgeKC.com.

View completed project photography and a progression of construction images on Neighbors Construction's website at http://www.neighborsconstruction.com/copper-ridge-apartments.