Office, retail plans emerge to replace former Macy's

A massive, mixed-use vision has emerged for a state-of-the-art renovation to transform the empty Macy’s at 7000 Mission Road in Prairie Village, Kan.

Maryland-based First Washington Realty (FWR) plans to create a 120,000 SF, multi-tenant anchor space for the three-story building, which has sat empty since fall 2019.

The proposed redevelopment includes two levels of retail on Levels 1 and 2. The Offices of the Village would occupy Level 3 and include nearly 39,000 SF of space which can be demised down to as low as 11,000 SF, according to Mike Levitan and Tim Schaffer with AREA Real Estate Advisors, who are leading the office leasing efforts. Depending upon the configuration, tenants would also have access to their own private outdoor terraces.

The new development plans highlight the built-in convenience of dozens of nearby restaurants, retail and grocery shops, salons, a florist, banks and more. Only footsteps away are Tavern in the Village, Dolce Bakery, Cafe Provence, Hen House, TCBY and Rise Biscuits & Donuts, to name a few.

FWR currently owns 103 shopping areas valued at over $5.5 billion in 22 states. Local shopping centers include Brookside Shops, Corinth Square North, Shops at Fairway, Shops of Prairie Village and coming soon - Corinth Quarter.

According to minutes from the Oct. 5, 2020 Prairie Village city council meeting, representatives from First Washington Realty met with Prairie Village mayor Eric Mikkelson and city staff to discuss how the former department store space could be utilized.

If passed, the proposal estimates a completion date for the renovation by spring 2021.

GCG's Sara Greenwood talks sustainability

This week’s broker spotlight showcases a different kind of broker - one who brokers environmental excellence, sustainable business practices and climate services for businesses across the Kansas City metro.

With over sixteen years of experience, Sara Greenwood, LEED AP BD+C, WELL AP + WELL FACULTY, is a sustainability consultant with Greenwood Consulting Group (GCG). Greenwood helps teams manage the certification process to achieve their performance goals.

GCG, certified as a Women’s Owned Business Enterprise (WBE) and Disadvantaged Business Enterprise (DBE) in Kansas and Missouri, is working on the following projects:

Kansas City Airport, Grand Place (former KC Star Building), NextGen Building at the University of Missouri Columbia, St. Luke’s South Rehabilitation Institute, Johnson County Medical Examiner Building, Georgia Aquarium expansion, 9800 Metcalf Office Building, Brookridge Development and several K-12, multifamily and warehouse projects located coast to coast.

In this week’s MWM Broker Spotlight, Greenwood shares her passion and unique perspective behind emerging green building practices and technologies - especially interesting for clients pursuing green building certification and sustainable business initiatives.

RT:  What was your lightbulb moment to get into commercial real estate?

SG: When I see projects come to fruition and the building occupants are bragging about the sustainable building features that I worked hard to implement. I was in an elevator of a multifamily building in Anaheim next to a mom who was telling me she just moved into this building from down the street because she saw that it was LEED Certified and her child has asthma and she really wanted to ensure a healthy home environment.

RT (Rachel Treanor):  What gets you excited to get to work every day?

SG (Sara Greenwood): The diversity in my projects really inspires me to work each day. Also, I have a personal affinity for projects that benefit children and disadvantaged people in our community. I love to watch projects evolve from a design on paper through construction to completion. Then to attain a certification target because of my consulting expertise is very fulfilling!

RT:  What keeps you up at night about commercial real estate?

SG: Politics. Cuts on incentives to implement green building performance measures.

RT:  What does a Kansas City CRE Comeback look like to you?

SG: More emphasis on the health of building occupants and awareness that buildings impact our lives daily. People spend more than 90% of their time indoors. It is crucial to consider building health when we are talking about our own health.

RT: How can prospects contact you for more information?

SG: Sara@GreenwoodCG.com Cell: 415-602-9220 and our website is www.GreenwoodCG.com

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CBKC awarded $800,000 grant for Blue Parkway Sun Fresh

Emmet Pierson, Jr., chief executive officer of Community Builders of Kansas City (CBKC), announced this week that the organization has received an $800,000 grant from the Office of Community Services (OCS) to serve job retention and creation for Blue Parkway Sun Fresh.

CBKC became the owner / operator of the grocery store - one of the few full-service supermarkets east of Prospect Avenue - in June of this year.

U.S. Senator Roy Blunt and U.S. Rep. Emanuel Cleaver II were instrumental in supporting CBKC’s application for the OCS grant. Rep. Cleaver participated in a ceremonial check presentation at an outdoor concert of Kansas City Symphony musicians hosted by CBKC last weekend.

“At a time when the COVID-19 pandemic is causing organizations to shed jobs by the thousands, CBKC has an opportunity to not only keep and add jobs but do so in a critically underserved community. The fact that this allows us to grow a grocery asset in what otherwise would be another urban food desert is especially gratifying,” Pierson said.

Blue Parkway Sun Fresh currently has more than 60 employees, the majority of whom live in the same or adjacent zip codes.

This OCS grant followed a $500,000 city of Kansas City, Mo. grant received from the office of Neighborhoods & Housing Services. The city’s grant, part of monies funded to combat local effects of the COVID-19 pandemic, will enable CBKC to add online grocery ordering and pick-up services at Blue Parkway Sun Fresh.

“Blue Parkway Sun Fresh already has a great leadership team with John King as store manager and others like Michelle Mitchell of the Stapleton family, whose grandfather Leon Stapleton owned what is thought to have been the oldest black-owned grocery store in the country until it closed in 2019. We are developing the most modern of supermarkets with the warmest, most old-school customer service, Pierson said.

Unrelated to the grocery, another recently received COVID-19 grant from Neighborhoods & Housing Services for $592,000 will enable CBKC, in partnership with the Hispanic Economic Development Corporation (HEDC), to expand services at the Blue Hills Executive Center. Pierson said HEDC will provide technical assistance at the Center, housed in the CBKC-owned 5008 Prospect building, to minority and women entrepreneurs as they look to reposition or start a business in the COVID and post-COVID era.

“We are pleased to see the growth in national attention and funding coming to CBKC projects. With the $100,000 JPMorgan Chase grant last year and this most recent OCS grant, we hope it is just the tip of the iceberg of new, national equity finding value in what CBKC is working to accomplish for Kansas City’s black and brown communities,” Pierson said.

Tee time set for Metro North Crossing's T-Shotz

Kansas City’s locally-owned, next-generation golf and entertainment venue, T-Shotz, has scheduled next week to “tee off” a series of grand opening events to celebrate their public debut.

Located at Kansas City’s Metro North Crossing redevelopment, T-Shotz features 66 spacious, climate-controlled hitting bays and suites across three levels where guests can eat, drink and socialize while playing a variety of golf games and virtual courses on the expansive 220-yard, targeted driving range.  

On Tuesday, October 13, T-Shotz will open to the public and will remain open every day of the week thereafter from 9 a.m. to 9 p.m. Tuesday evening will include a private, invitation-only VIP event from 6 to 8 p.m. for local dignitaries.

Grand opening events will continue on October 14th and 15th with a fundraiser where guests in attendance may purchase raffle tickets. One hundred percent of the proceeds will go to TeamSmile, a nonprofit organization that provides free dental care and oral health education in a sports-related model.

T-Shotz is partnering with the Kansas City-founded organization who conducts huge dental clinics in stadiums and arenas throughout the country and uses the combination of players, cheerleaders, mascots, face painters and a DJ to provide a special, life-changing experience to children in need.

“One of the biggest differentiators between us and similar venues or concepts is we are local to the core. We have local ownership, offer a chef-inspired menu with locally-sourced ingredients, serve handcrafted cocktails and beers from local distilleries and craft breweries and our partnership with a great Kansas City charity like TeamSmile furthers that. We are excited to help raise money for such a tremendous organization.” said T-Shotz general manager, JW Fisher.

To date, TeamSmile has conducted over 225 programs, served more than 50,000 children and provided over $17 million in free dental care and oral health education.

Guests can now begin reserving hitting bays for October 13 and beyond at www.tshotz.com.

Read previous, related MWM articles here:

August 2020: Metro North Crossing Apartments begins construction, sets fall 2021 opening

October 2019: Construction underway at Metro North Crossings' T-Shotz

New York firm buys Fountain View apartments on the Plaza

CBRE has arranged the sale of Fountain View on the Plaza, a 398-unit luxury apartment community located adjacent to Kansas City’s County Club Plaza.

A global investment advisor sold the property to an affiliate of Abacus Capital Group in an undisclosed transaction that closed in September 2020.

The deal represents a return to the Kansas City market for the New York-based buyer after exiting in 2016 with the sale of the 596-unit Northland Passage Apartments in the metro’s Northland submarket.

Jeff Stingley, an executive vice president in CBRE’s Kansas City office, along with senior associates Max Helgeson and Michael Spero, represented the seller in the transaction.

“Fountain View is the community of choice for Kansas City renters wanting to live at the doorstep of the metro’s top amenities and attractions, while at a discount to the submarket’s newer developments and single-family homes. The high-profile, in-fill site is among the best in the Midwest and will provide significant risk mitigation for future ownership while also enabling a perpetual modernization strategy that will drive rents and provide extraordinary yields,” Stingley said.

The stretch of Main Street directly in front of the property has been slated as a high-volume stop on the future KC Streetcar line. With the planned southern extension from Union Station to 51st Street, Fountain View will also be included as a “transit-oriented development.”

“Kansas City’s multifamily market continues to show its resiliency despite the pandemic and resulting economic slowdown. The metro’s diverse economic base and concentration of durable industries have positioned Kansas City as a safe-haven for capital and buyers are knocking down our door to find opportunities,” Stingley said.

With this sale included, CBRE’s Kansas City multifamily group has completed $250 million in metro apartment sales so far in 2020, according to Stingley.