STOCKYARDS DISTRICT DEVELOPMENT SITES 1400–1430 GENESSEE STREET | KANSAS CITY, MO ; 200 SOUTH JAMES STREET | KANSAS CITY, KS

TABLE OF CONTENTS

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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, 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 . 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 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

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 , 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 , 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 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. LOUIS

Net Tech Employment 99,300 4,900 199,200 103,700

Net Tech Job Gains 1,170 2,150 3,300 730

% of Overall Workforce 8.80% 8.90% 9.60% 7.10%

Tech Business Establishments 3,876 2,621 4,425 3,049

Tech Occupation Job Postings 21,170 18,030 59,870 29,390 Emerging Tech Job Postings % 30.20% 40.30% 58.10% 41.70% Change Net Tech Employment Rank 23rd 29th 14th 31st

Jobs Added Rank 28th 22nd 17th 31st

Economic Impact Rank 19th 28th 17th 23rd

24 STOCKYARDS DISTRICT DEVELOPMENT SITES KANSAS CITY COST OF LIVING The median home value in Kansas City is $118,400. Kansas City home values have gone up 8.2% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Kansas City is $107, which is lower than the Kansas City Metro average of $119. The median price of homes currently listed in Kansas City is $169,000. The median rent price in Kansas City is $925, which is lower than the Kansas City Metro median of $1,050. Affordable Housing. Recently, Kansas City, Missouri, ranked seventh for the most affordable single-family homes for the working class. Of the 40 large cities surveyed, 82 percent of two-to four- bedroom homes listed in Kansas City were found to be affordable.

EDUCATIONAL BENEFITS EDUCATIONAL ATTAINMENT OF PERSONS 25 OR OLDER, 2016 The Kansas City area is home to a variety of public and private schools that have Location High School Graduates or Bachelor’s Degree or high quality education indicators – graduation rate, student-to-faculty ratio and Higher Higher academic programs. Kansas City, 92.1% 36.7% MO-KS MSA Seven area public or private universities rank in the Top 25 of Great Value Colleges’ 50 Affordable Colleges. United States 87.5% 31.3%

Source: U.S. Bureau of the Census, American Community Survey

STOCKYARDS DISTRICT DEVELOPMENT SITES 25 FLAHERTY & COLLINS PROPERTIES APARTMENT DEVELOPMENT Project Summary

The Yards is a $26.7 million mixed-use project and will feature 232 luxury apartments, 5,500+ square feet of retail and a 325- space parking garage. Comprised of studios, 1 and 2-bedroom apartment homes, The Yards will be the first large-scale residential project in the District that shaped Kansas City, The Stockyards in West Bottoms.

There will be approximately 8,000 square feet of first floor “storefront” amenity space, which will be wireless throughout and will include a state of the art fitness center, lounge with commercial grade coffee service, game & leisure room, and leasing office. The project will also have a “Bike Shop”, which will have bike repair tools and premium bike storage. A resort style pool, swim up bar, outdoor TVs, wet deck, and an “outdoor living room” inclusive of fire pits, commercial grade grills (& BBQ Smoker), and outdoor furniture.A dog walk and grooming area will also be part of the project.

Apartments will showcase 9-foot and & 10-foot ceilings, luxury wood-style flooring in kitchens, 42-inch cabinets, quartz countertops in kitchens, patios/balconies, spacious showers (and select units with soaking tubs) upgraded carpet in bedrooms, front load washer/ dryer, microwave oven, dishwasher, garbage disposal and double-door, frost-free refrigerators, pendant and decorative track lighting (kitchens), over-sized windows. Units will also have Nest(R) Thermostats, LED lighting and access to Google Fiber. Select units will have an upgraded kitchen with an upgraded appliance package and other features.

The site is located adjacent to the Existing Stockyards Exchange Office building to the north and bounded by Genessee Street to the East, American Royal Drive to the South, and the city owned parking garage to the west.

26 STOCKYARDS DISTRICT DEVELOPMENT SITES STOCKYARDS DISTRICT DEVELOPMENT SITES 27 WEST BOTTOMS FLATS Project Summary

The West Bottoms Flats are a market-rate housing project in the West Bottoms area of Kansas City, Missouri. The project is transforming four historic warehouse and manufacturing buildings into apartments, micro-retail, and indoor/outdoor amenity space. While retaining the historical facades and many of the interior architectural features of the buildings, the Flats will include 265 residential units, tenant amenities, ground-level commercial spaces to activate street-level, and parking, which will all help revitalize this historic, formerly industrial area. Additionally, the project integrates innovative stormwater strategies into the amenity courtyards and historic alleys as part of a larger system of green infrastructure and public realm improvements.

Project Details

Location Kansas City, Mo

Size 350,000

Interiors, Residential, Restoration Renovation, Project Type Mixed Use Development Planning & Design, Green & Complete Streetscape Design

28 STOCKYARDS DISTRICT DEVELOPMENT SITES STOCKYARDS DISTRICT DEVELOPMENT SITES 29 PREPARED BY MICHAEL L. VANBUSKIRK, SIOR, CCIM, CRE Executive Managing Director, Principal Investment Sales and Capital Markets [email protected] T 816.512.1010

NICK SUAREZ, SIOR, CCIM Senior Managing Director, Principal Brokerage Services [email protected] T 816.512.1012

JOHN M. HOEFER Director Brokerage Services [email protected] T 816.268.4248