Karats Jewelers breaks ground on new 20,000 SF headquarters

Karats Jewelers, a prominent family-owned business in Kansas City, officially broke ground on its new headquarters on October 23, marking a new chapter for the six-generation jewelry brand.

Founded by Akshay Anand in 2005, Karats has built a strong reputation in the Kansas City community as a trusted destination for bridal and luxury jewelry, as well as a curated selection of high-end wristwatches.

The new location, designed by Davidson Architects & Engineering, will cover 20,000 SF and is situated at 12260 Blue Valley Pkwy., just five miles from the current store on W. 135th St. in Overland Park, Kan. The new headquarters represents both a continuation of the Anand family legacy and an opportunity to evolve with customer needs.

“KARATS is a six-generation family business, and we have truly harnessed our growth in the Kansas City community because of the support of this city,” Anand said.

Partnering with local builder Miller Stauch Construction, the new Karats facility is designed to enhance the customer experience and meet the growing demand for a more comprehensive array of jewelry options.

“It is a dream of a lifetime, and we are glad to have partnered with Miller Stauch.” Anand said.

The new location’s layout will be carefully planned to support Karats’ core business in engagement rings and bridal jewelry, with Anand envisioning a more immersive, personalized experience for couples shopping for engagement rings and wedding bands.

Above: A rendering of the new Karats Jewelers 20,000 SF headquarters designed to bring a personalized shopping experience for all customers. Image credit: Davidson Architecture & Engineering.

Beyond bridal jewelry, Karats is renowned for its extensive selection of luxury wristwatches and fine jewelry, showcasing top brands like Tacori and Verragio alongside over 35 sought-after watch brands.

“KARATS is focused on bringing the best selection of luxury goods to the Kansas City metro,” Anand said.

With its expanded space, Karats will now cater to new and longtime customers across all price ranges to create a shopping experience inclusive of all budgets and preferences.

Anand aims to attract younger generations who value a blend of tradition and contemporary style in their jewelry shopping experience. The store will offer custom engagement ring design services, allowing clients to collaborate with Karats' specialists to create unique, personalized rings. Shoppers can also explore an extensive in-store collection, catering to a wide range of tastes and styles.

With a grand opening date yet to be set, the new Karats Jewelers headquarters is designed not just as a store but as a destination for jewelry and watch enthusiasts across Kansas City and beyond. Anand is optimistic that the expansion will strengthen Karats’ role in the community, offering a space where Kansas City customers can trust the Anand family’s expertise and commitment to service for generations to come.

---

Header image: A groundbreaking ceremony celebrating the new Karats Jewelers headquarters to be built at 12260 Blue Valley Pkwy. Image credit: Clapp Real Estate Photography

$60 million 'The Residences at Galleria' to open in 2022

The Residences at Galleria, a $60 million multifamily complex located adjacent to the former Sprint World Headquarters in the Galleria 115 development in Overland Park, Kan., is set to begin construction this summer and slated to open in 2022.

The four-story, luxury apartment complex is included in the first phase of the 5-plus acre development by Block Real Estate Services, LLC (BRES). The $350 million Galleria mixed-use development master plan includes two apartment buildings, office space, retail and entertainment.

JLL Capital Markets (JLL) arranged $21 million in joint venture equity partnership with Hartford Investment Management Company (“HIMCO”) on behalf of BRES for the development of the 322-unit, Class-A, podium multi-housing community.

"We are excited to partner with HIMCO on this project, and, from the beginning of discussions with them, it was clear that we had a shared vision for the quality of this project and its high-demographics location within Overland Park” said Ken Block, BRES managing principal.

The Residences include 322 one-, two- and three-bedroom units and will average 927 SF. Features include high ceilings, large walk-in closets with custom shelving, high-end appliances and finishes, European-style cabinetry, outdoor terraces, in-unit laundry rooms with full-size washers and dryers, double-paned windows and more.

A hallmark of the new community, designed by Hoefer Wysocki, is the walkable lifestyle. Adjacent to the site is a thriving commercial corridor, multiple entertainment districts, theaters, and endless restaurant choices. Outdoor patios are linked to The Residences by walking trails that encircle greenspace, sitting areas, a rolling rock waterfall and dog park.

"We are very excited to work with Block Real Estate Services on the Galleria. This community will raise the bar on luxury living in the area,” said Hoefer Wysocki vice president and director of multifamily design, Chris Armer, AIA, NCARB.

The project will feature the best community amenities offered in the submarket and include a large resort-style swimming pool with shallow ledge features; pool deck with cabanas, hot tub, sports courts and water features; fitness center with Peloton bikes, massage therapy and virtual training; outdoor group fitness areas; clubhouse with fireplace, game room and social media room; executive business center; dog park and pet spa; and covered and surface parking.

“Galleria will be BRES’ most exciting project to date, building on our successful experiences with this high-end podium product, which allows for a large, outdoor amenity deck and other amenities that are unique in this market,” Block said. 

The JLL capital markets debt placement team representing the borrower was led by executive managing director Jody Thornton, senior director Mark Erland, director Matt Benson and analyst Kellan Liem.

Other partners on the development team include Titan, Polsinelli and McClure.

T.J. Maxx, Saltgrass Steak House, Cactus Grill and more say 'Yes' to Bluhawk

T.J. Maxx, Saltgrass Steak House, Cactus Grill, AT&T, Freddy’s Frozen Custard & Steakburgers, Gyu-Kaku Japanese BBQ and Panera Bread are among the most recent tenant additions at Bluhawk's development in Overland Park, Kansas.

The strong list of tenant commitments follows the recent award of $66 million in STAR bond funding from the Kansas Department of Commerce.

“This key STAR bonds approval and the wave of tenant commitments to Bluhawk represent a critical mass of achievements as we move forward with this highly-sustainable and desirable destination-anchored site,” said Bart Lowen, Price Brothers vice president of development.

T.J. Maxx will be located in the Marketplace Neighborhood of Bluhawk and is scheduled to open in spring 2020. Gyu-Kaku Japanese BBQ, Cactus Grill, AT&T, Freddy’s Frozen Custard & Steakburgers are also planning Spring 2020 openings. Saltgrass Steak House anticipates opening in fall 2020 and Panera Bread will open at the end of this year.

“Bluhawk is now in its next phase of progress and we are tremendously excited about its growth. We are thankful to the State of Kansas, the City of Overland Park and its residents for being so supportive of our vision for the property,” Lowen said.

Other areas of the site continue to move forward including AdventHealth’s South Overland Park ER expansion into a full-service hospital in 2021 and state-of-the-art apartment homes, The Residences at Bluhawk, which are open now and available for leasing.

Overland Park receives nation’s first LEED zero energy commercial project

In a collaboration between U.S. Green Building Council (USGBC) president and CEO Mahesh Ramanujam, and Brookridge developer Chris Curtin, a first-of-its-kind Memorandum of Understanding has been signed, forging a partnership that will create an ongoing process to achieve LEED and LEED Zero Energy certifications for Brookridge Development in Overland Park.

Brookridge, a cross-generational 200+-acre mixed-use development, will feature nearly 2 million SF of office capacity, high-quality urban living spaces, extensive retail, restaurant and entertainment venues.

It will also spotlight a multi-faceted focus on health and wellness, including approximately 50 percent green space, fountains, recreational golf, fitness facilities, miles of walking paths, connections hike/bike trails and both forested and open lawns.   

Brookridge will tap into the abundant supply of wind and solar sourced energy produced in the State of Kansas to address the goal of significantly reducing the carbon footprint of the project.

In recognition of the unique nature of this partnership and its focus on wind and solar generated energy, the State of Kansas has also joined the effort.

Last week, Kansas Secretary of Commerce David Toland co-signed the Brookridge Renewable Energy Initiative, placing the state at the forefront of sustainable development.

“The Brookridge development, with the support of the State of Kansas, is thinking differently in terms of how our spaces can be designed to support environmental and personal health. LEED is providing the framework and their commitment to achieve LEED Zero Energy is yet another sign of their leadership and drive to create a better world,” Ramanujam said.

Chuck Caisley, KCP&L (Evergy) senior vice president and chief customer officer, also joined the State of Kansas in endorsing the Brookridge Renewable Energy Initiative.

“Kansas is different than coastal or mega-cities. Great things happen when our public and private sectors work in close partnership. We create the synergy necessary for significant environmental and joint economic success,” said Curtin, founder of Curtin Property Company.

The comprehensive Green program at the Brookridge development is also designed to work harmoniously with Overland Park’s dedicated visioning and planning efforts laid out in the initiatives of the City of Overland Park.

“The leaders of Overland Park set forth a set of ideas around a built environment that is both sustainable and visually impactful, further advancing the community’s destination for business development, entertainment, leisure and family time,” Curtin said.

 “A project of the size and scope of the Brookridge development – along with the commitment being made to it – will serve to put the State of Kansas at the forefront of sustainable development,” added Kansas Governor Laura Kelly.

Other partners involved in the project include WDG Architects - Land Planning and Architecture and GBA - Civil Engineering.