Stockyards District Development Sites 1400–1430 Genessee Street | Kansas City, Mo ; 200 South James Street | Kansas City, Ks
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STOCKYARDS DISTRICT DEVELOPMENT SITES 1400–1430 GENESSEE STREET | KANSAS CITY, MO ; 200 SOUTH JAMES STREET | KANSAS CITY, KS TABLE OF CONTENTS 01 02 03 EXECUTIVE PROPERTY MARKET SUMMARY OVERVIEW OVERVIEW EXECUTIVE SUMMARY EXECUTIVE SUMMARY SITE BOUNDARY Newmark Grubb Zimmer (NGZ) is pleased to present the opportunity to purchase LEVEE EASMENTS development ground located in the Stockyards District of Kansas City, Missouri and Kansas City, EXISTING WALLS Kansas. The property totals 17.365 acres of raw ground that can be split up to accommodate OTHER PARCELS multiple developments and uses, making it a prime site for urban mixed-use projects. Located on the Kansas side of the State Line, the property fronts the Kansas River to the West, and the Stockyards District to the East. Additionally, 3.4 acres are available in Kansas City, Missouri on Genessee Street located directly next to I-670. 1400-1430 Genessee Street, Kansas City, MO Location Stockyards District Zone M3-5, Urban Development Available 1.50 Acres Available 1.81 Acres 200 South James Street, Kansas City, KS Location Stockyards District 17.365 Acres Total Divisible/Flexible Available Sites 6 STOCKYARDS DISTRICT DEVELOPMENT SITES PROPERTY OVERVIEW River Market West Bottoms 1400-1430 GENESSEE STREET KANSAS CITY | MO Downtown Kansas City 200 SOUTH JAMES STREET KANSAS CITY | KS HyVee Arena American Royal 32 10 property Name HISTORY Since the establishment of the Kansas City Stockyards in 1871, the Stockyards District has been a booming area of business and commerce, ranging from millions of head of cattle trading per year, to recently 9 developed mixed-use projects including office, industrial, multifamily, and recreational uses. Since the early 1990’s, the consistent pursuit and diligent work to bring further developments to the neighborhood has been spearheaded by Bill Haw Sr., who currently owns several properties in the District including the Livestock Exchange Building and the development site currently available for sale. 1871 The Kansas City Stockyards opens up on the Kansas side of the Missouri River. 1878 The stockyards expand from 13 acres to 55 acres, adding loading docks on both the Kansas and Missouri Pacific tracks. 1974 The City of Kansas City and the American Royal build Kemper Arena on the former stockyards land. 2001 Butler Manufacturing establishes its headquarters in the district. 2008 Genessee Royale opens its doors in the shell of an old filling station. 2012 The Telegram Building fills up with creative tenants, including Amigoni Winery, DMH Advertising and KEM Studio. 2013 Crossroads The acclaimed restaurant Voltaire sets up shop District in what was once the home of R Bar. 2015 The Stockyards Brewing Co starts renovations on the legendary Golden Ox space. 2016 Multiple eating and dining venues begin to pop up, including Lucky Boys, the West Bottoms 2018 Kitchen and the Stockyards Brewing Co. The Golden Ox Restaurant reopens under new ownership Crown Center STOCKYARDS DISTRICT DEVELOPMENT SITES 11 IN THE AREA 1 Amigoni Urban Winery 2 The Yards Athletic Club 10 3 The Campground 4 Golden Ox & Stockyards Brewing 1 12 5 3 Rockstar Burgers 2 5 6 Haw Contemporary Arts Gallery 4 6 7 7 Voltaire 11 8 8 KC Pinoy 9 Hyvee Arena 9 10 Mark One Electric HQ 11 The Yards 12 Blue Scope HQ 12 STOCKYARDS DISTRICT DEVELOPMENT SITES TH W 12 St. Located in the historic Daily Drover Telegram Newspaper building, this family- run urban winery invites guests to sample handcrafted wines of the Bordeaux and Rhone varieties. All grapes are harvested by hand in Missouri vineyards, with an annual production of over 3,200 cases. This award-winning restaurant has made its name on an inventive and internationally influenced menu. Offering a mix of small plates and larger dishes (and one of the longest, coziest bars in the city) you’ll be happy you stopped by. This craft brewery breathed new life into what was once the Golden Ox building. The goal here is to make and serve unpretentious beer while promoting positive social and environmental change through good business. STOCKYARDS DISTRICT DEVELOPMENT SITES 13 LAND SITE 14 STOCKYARDS DISTRICT DEVELOPMENT SITES MASTER PLAN SITE BOUNDARY LEVEE EASMENTS WEST BOTTOMS EXISTING WALLS OTHER PARCELS 1400-1430 GENESSEE ST. AVAILABLE 1.50 ACRES AVAILABLE 1.81 ACRES 200 S. JAMES ST. AVAILABLE 17.365 ACRES SMILE DOCTORS MEDICAL OFFICE PORTFOLIO 15 POSSIBLE SITE PLAN – KANSAS RIVERFRONT SITE BOUNDARY PROPOSED OTHER PARCELS TOTAL SITE 200 SOUTH JAMES ST. AVAILABLE 17.365 ACRES TOTAL DIVISIBLE/FLEXIBLE SITES 16 STOCKYARDS DISTRICT DEVELOPMENT SITES SITE PLAN - HOTEL SITE BOUNDARY PROPOSED HIGHWAY RAMP 1400-1430 GENESSEE ST. AVAILABLE 1.50 ACRES AVAILABLE 1.81 ACRES STOCKYARDS DISTRICT DEVELOPMENT SITES 17 MARKET OVERVIEW KANSAS CITY METRO QUALITY OF LIFE Located in the heart of the United States, Kansas City, Missouri is at the center of the 18- at-a-glance county Kansas City metropolitan area, with a total population of 2.1 million people. Kansas City provides a compelling competitive business environment that encourages growth and offers incentives for investment, a skilled workforce, exceptional transportation infrastructure, and 2.34 MILLION low cost of business. Residents of the region enjoy a balanced cost of living, ample affordable Residents housing, sound infrastructure, numerous cultural and recreational activities, and an entrepreneurial atmosphere. 816,589 Households 37.4 Median Age 36.7% College Educated $81,331 Average Income $118,400 Average Home Price 20 STOCKYARDS DISTRICT DEVELOPMENT SITES ECONOMIC CONDITIONS The local economy continued to improve through May, with total employment growth of 1.5% and positive growth occurring in seven out of ten industries, calculated on a 12-month percent change basis. Payroll employment in Kansas City remained flat compared to the prior year registering 1.5% in May 2018. The national average also remained flat at 1.6%. Both indices have realized positive 12-month percent changes since August 2010. The Consumer Price Index (CPI) for the United States increased 90 basis points to 2.8% over the past year. The Midwest Urban CPI also increased 90 basis points to 2.3% in May 2018. Unemployment in the United States decreased 20 basis points to 3.8% in May, while unemployment in Kansas City increased 20 basis points to 3.7% over the past quarter. Unemployment in Kansas City remained flat from a year prior. DIVERSE MIX OF INDUSTRIES Kansas City boasts a unique and diverse mix of industries ranging from manufacturing, trade and transportation, government, education among many others. As a result of this unique mix, Kansas City’s central location, and healthy business community several large companies call Kansas City home including AMC Entertainment, Burns and McDonnell, Cerner Corporation, DST Systems, Garmin International, Great Plains Energy (KCPL), H&R Block, Seaboard, Sprint, Westar Energy, and YRC Worldwide. ENTERTAINMENT AND TOURISM Among a healthy business environment Kansas City offers residents and tourists a wide variety of things to do unique to Kansas City including attending a Royals or Chiefs game, entertainment and shopping at the Power and Light District and Country Club Plaza, and cultural experiences at the Nelson Atkins Art Museum and 18th and Vine Jazz District. Kansas City Tourism has a total economic impact of $5.1 billion, including spinoff spending and jobs. In 2015, the Kansas City area drew a city record breaking 24 million visitors who spent roughly $3.1 billion. STOCKYARDS DISTRICT DEVELOPMENT SITES 21 KANSAS CITY MARKET OVERVIEW KC’S THRIVING TECH INDUSTRY 99,300 • One in every ten Kansas City workers are NET TECH EMPLOYMENT employed in the tech industry. • There are 3,876 tech companies in Kansas City in varying sizes, including large enterprises such as Garmin, Cerner, H&R Block, VML, and Honeywell. 3,876 • The tech industry is the fastest growing industry TECH BUSINESS ESTABLISHMENTS in Kansas City. • According to the KC Tech Spec 2018 report Kansas City is experience massive gains in tech employment. In fact, Kansas City is gaining 8.8% almost as many tech jobs as New York City. NET TECH EMPLOYMENT AS % OF OVERALL WORKFORCE KC RANKS 5TH IN TECH INDUSTRY MOMENTUM MARKET % POINTS 2,086,571 Madison, WI 24.8 KANSAS CITY MSA POPULATION Ft. Lauderdale, FL 23.4 Salt Lake City, UT 23.0 Miami, FL 19.1 +9.2% Kansas City, MO 17.7 EST. DIRECT CONTRIBUTION OF TECH SECTOR TO KC ECONOMY Omaha, NE 12.2 Columbus, OH 11.9 Pittsburgh, PA 11.6 Orange County, CA 11.3 +30.2% EMERGING TECH JOB POSTINGS Sacramento, CA 10.1 Source: KC Tech Specs 2018 Report 22 STOCKYARDS DISTRICT DEVELOPMENT SITES KANSAS CITY METRO OVERVIEW ENTREPRENEURSHIP AND TECHNOLOGY Kansas City has become a hub for advanced technology, innovation, and entrepreneurship. In 2015, the city ranked among the top five for entrepreneurship in a worldwide competition recently sponsored by the Global Entrepreneurship Congress. KANSAS CITY TOP EMPLOYERS Federal Government 27,300 employees Cerner Corp 22,000 employees HCA Midwest Health System 9,394 employees Saint Luke’s Health System 8,914 employees Sprint Corp 7,500 employees The University of Kansas Hospital 5,995 employees Children’s Mercy Hospital 5,905 employees State of Missouri 5,904 employees State of Kansas 5,093 employees Ford Motor Company 4,900 employees Burns and McDonnell 3,960 employees Garmin International 3,723 employees EMPLOYMENT BY INDUSTRY KANSAS CITY, MAY 2018 Trade/Transportation/Utilities Prof/Business Svcs 4.0% 4.7% 19.9% Government 6.6% Education/Health Svcs Leisure/Hospitality 7.4% Financial Activities 17.5% Manufacturing 10.4% Construction/Mining/Logging Other Svcs 13.6% 14.2% Information STOCKYARDS DISTRICT DEVELOPMENT SITES 23 Top 10 Tech Employers in KC Cerner 14,444 Sprint 6,000 DST 4,990 Honeywell 3,600 Garmin 3,414 AT&T 2,772 Orbital ATK 1,708 H&R Block 1,360 Johnson… 1,110 CenturyLink 1,090 Source: KC Tech Spec 2018 Report Plans Are Moving Forward To Bring A Hyperloop Route To Missouri KANSAS CITY INDIANAPOLIS MINNEAPOLIS ST.