Avenue Logistics moves to KC Crossroads

Avenue Logistics, a Chicago-based freight brokerage logistics company, will soon be relocating from Overland Park, KS to the Crossroads in Kansas City, Missouri.

Avenue Logistics is the latest in a growing list of “new-to-downtown” companies attracted to developments like 3D Development, whose tenants include Hollis + Miller, Holmes Murphy, Card Connect, and WeWork.

The firm will be moving in the fourth quarter of 2019 into the recently completed historic renovation at 215 E 18th Street, now named 18McGee.

Formally known as the Interstate Securities Building, it was originally built in the 1950’s to finance automobile purchases in the automotive district in the Crossroads. After Interstate Securities, it was owned and operated by the Kansas City Star, which was headquartered across the street.

“When we were looking for our new offices, we wanted a vibrant environment that appeals to our team,” said Brad Jerwick, vice president at Avenue Logistics.

18McGee is part of a five-building renovation that includes the restoration and renovation of the Historic Kansas City Star properties. When finished, Grand Place will include a 30,000 SF European-style market, restaurants, coffee house, spa and approximately 250,000 SF of signature office space.

“With everything happening in the Crossroads and the renovation of this building and all the amenities planned across the street at Grand Place, we believe this is a strategic way to use real estate to attract and retain team members,” Jerwick said.

Joining Avenue Logistics at 18McGee is Working Spaces, an office interiors and contract furniture business with offices across the midwest. Working Spaces will use the entire first floor as a showroom and design studio.

The top floor at 18McGee is still available, with a total of 6,000 SF that can be divided in sections as small as 2,000 SF.

Among the amenities in the building is 3D Development’s signature roof top patio, which provides great views of Grand Place and downtown.

“The gravity of the Crossroads is moving east at a much quicker pace than we ever anticipated,” said Tim Schaffer, president of AREA Real Estate Advisors.

“The building is attracting interest because of its walkability to bars and restaurants that continue to proliferate East Crossroads; also (because of) the anticipated historic renovation of the Kansas City Star building and all the amenities that are planned for this block,” Schaffer said.

From offices to co-working spaces, restaurants and event spaces, 3D has attracted several new companies to the KC downtown market. Projects include On Broadway, The Creamery, Corrigan Station, 18 McGee and the historic renovation and repositioning of the former KC Star headquarters, now known as Grand Place.  To learn more visit: dream-design-develop.com.

Academy Bank's new flagship retail banking hits KC Crossroads

Academy Bank, a full-service community bank and wholly-owned subsidiary of Dickinson Financial Corp., is opening a new flagship retail banking center and home office in KC's Crossroads Arts District.

The new branch, located at 1881 Main Street, comprises 4,214 SF of the first floor of the stand-alone building adjacent to Corrigan Station and plans to offer a full range of personal, business and commercial banking services.

“Kansas City’s Crossroads Arts District is anchored by its eclectic, creative spirit. As a dedicated member of this vibrant community, we’ve designed Academy Bank in the Crossroads to be a collaborative, inviting environment that embraces the future of banking,” said Paul Holewinski, president and CEO of Academy Bank.

As part of its new approach to community banking, the Crossroads branch shares an outdoor courtyard space with neighboring businesses including The Roasterie and WeWork Kansas City. Community conference rooms and comfortable workspaces with free WiFi can be reserved at no charge by area businesses and organizations.

In addition to smart ATM and mobile services, Academy Bank in the Crossroads will offer the latest in banking technology with walk-up video banking that offers personal face-to-face service. With the touch of a screen, customers can speak with a video banker to help with most banking services with the convenience and flexibility of extended banking hours, seven days a week (8 am to 10 pm Mon - Fri; 8 am to 5 pm Sat; and 11 am to 4 pm Sun).

By the end of this year, Academy Bank also will introduce Academy Express - an innovative, drive-thru video banking and ATM service — also in the Crossroads Arts District. Academy Express will connect drive-up customers to a live banker outside of traditional banking hours, seven days a week.

This year, Academy Bank plans to open retail banking centers in Lenexa, KS. and the Northland in Kansas City, MO. In August, the bank opened a new retail banking center in Overland Park, KS.

Academy Bank ranked third on the Kansas City Business Journal’s list of the “strongest large banks in 2018” with a loan portfolio growth of 22.2%. The $1.5 billion-asset bank has 20 branches in the Kansas City bi-state region, making it the seventh-largest bank based in the Kansas City metropolitan area.

BacklotCars shifts downtown to KC's Lightwell Building

BacklotCars, a wholesale auto inventory service provider currently located in the Crossroads, will be moving to the the newly rebranded Lightwell Building at 12th and Main in August.

With the recent signing of the 20,000 SF full-floor lease agreement, Somera Road and their partner AREA Real Estate Advisors, added the second major tenant following a landmark lease agreement with WeWork.

Lightwell currently boasts 180,000 SF of contiguous availability, the largest existing block of space in downtown Kansas City.

“When we saw the vision Somera Road and AREA Real Estate Advisors had for the Lightwell project, we knew it was something we had to be a part of,” said Josh Parsons, BacklotCars founder/ COO.

“The location, design and amenities of the project are exactly what is needed to attract the top tech talent to Kansas City. We are very excited to be moving into the new Lightwell Building and feel that it will be a great place for our ever-growing team to call home,” Parsons said.

BacklotCars is a significant disrupter of the wholesale automotive space, and recently closed a $25 million Series B funding round. The company seeks to ease pain points for automotive dealers though building one wholesale platform for all dealers to transact efficiently.

“BacklotCars is exactly the type of forward-thinking technology company that understands what we’re creating at the Lightwell. They’re a major contributor to Kansas City’s growing technology ecosystem and we’re excited to provide them with a home that’ll enable their next phase of growth.” said Basel Bataineh, Somera Road vice president.

“With its fantastic bones and premier location, we believed that Lightwell would attract the fastest-growing segments of employment including tech, marketing, and creative-driven companies. BacklotCars is certainly a great example of what we thought would happen,” said Tim Schaffer, AREA Real Estate Advisors president.

HOK and JE Dunn joined AREA and Somera Road on the renovation.

'Resmercial,' blurred lines between office and home dominate Big KC Office Trend discussion

Office efficiencies and the blending of boundaries between home and work were among trends tackled by panelists at MetroWire Media's Big KC Office Trends event on March 29 at WeWork.

Check out a snapshot of talking points from the panel discussion led by JE Dunn Vice President Jon Dandurand: 

"Efficiency is the game now. When you have a market that is really tight like this one is, you have rents increasing. Companies are always looking for ways to keep their costs down, so I would say they are getting a lot more efficient. It used to be an average of 200-250 square feet per person, and we are now seeing 150-200 square feet per person, and I see that trend continuing as companies get a lot smarter with their space going forward." -Rollie Fors, Colliers

"Creating a living room and a more residential feeling in the office environment is completely on trend and where things are going. That living room-style space really supports workers and their activities. Sometimes those common spaces are almost an afterthought. We spend so much time thinking about the workspace and then get to the end and think, 'let's throw a sofa and couple chairs in there' ... If we start planning those common spaces and shared amenities first, then you can really create dynamic spaces." -Stacey Roth, Scott Rice

"Engagement is one of the biggest topics we discuss with clients these days. It's interesting how space really can affect positively or negatively the connection you have with people on your team and clients. So what we find is the more we can create spaces within your place and give people the choice and control of how they work and when they work then we find the engagement level can be improved." -Trevor Hoiland, Burns & McDonnell

"The demographics are not changing how we work. The difference is coming from technology. that it is proliferating the hours We work from 5 am when we wake up to midnight when we go to bed, and It means our office space is becoming more like home and our home is becoming more like office space. It's creating a different type of product." -Aaron Schlagel, Ryan Companies

"Workspace efficiency has really changed the way companies look for space. From a development landowner perspective, we try to build amenities like rooftop patios into all of our projects as well as plenty of unique spaces outside the usual tenant footprint, so for example employees can enjoy getting away from their offices with shared conference rooms versus dedicated conference rooms." -Vince Bryant, 3D Development

Check out an event slideshow below. Photos by ArchPhotoKC.