KC's Multifamily Development Insights

With all of the new construction happening around the metro, it is no secret that multifamily development is booming in Kansas City. What makes this development cycle different from years past is the extent to which builders are gravitating towards the top end of the spectrum in both demographics and product type. Here are some insights that Block Real Estate Services, LLC (BRES) has gathered on Kansas City’s developing multifamily market:

Creative Office Solutions for the Modern Workplace

What does going green, technology, job cuts, and a recession all have in common?  

They are all factors in why office rehabilitation is currently a trending topic in the office industry. Keep reading to learn more about how being aware of these changes in the marketplace can help YOU as a commercial real estate professional make the best decisions on behalf of your clients: 

Day 7: 12 Days of the KC Market Report: Rebound Year for Construction

2012 was a rebound year for construction and development as a whole for the Kansas City market place.  The rebound by sector differed slightly across the board, but overall construction activity was up significantly in 2012 compared to the past couple of years.

Employing an Architect Achieves Successful Development Projects

Kevin Berman of Hoefer Wysocki Architecture lends his insight on the role and contribution of an architect to the dollars and sense of successful development projects. 

When exploring a go, no-go decision on a potential development project, employing an architect for a project evaluation is essential. The complexities of a project will vary, and the extent of services needed to evaluate the project will vary as well. A project scope will be defined by the owner’s financial objectives which will in turn be integral with the projects budget. A speculative project balances cost with project scale. Market forces dictate what the project can handle, whether on a basis of lease or sale of the asset.  Some important design studies that an architect will provide include...

SIOR Development Day a Success!

The Western Missiouri--Kansas Chapter of the Society of Industrial and Office Realtors (SIOR) had it's 23rd Anniversary of it's SIOR Development day! 62 exhibitors had the opportunity to present their properties, products and/or services. The exhibitors include commercial real estate firms, developers, construction companies, engineers, architects, lenders, service companies, and area Economic
Development Associations, among others.