Archive for Attorney Kansas City – Page 3

Thomson Walker Fights Eminent Domain in Mission Woods, Kansas

Thomson Walker has been engaged by the owners of an office building in Mission Woods, Kansas to fight an eminent domain proceeding that would condemn the building on Shawnee Mission Parkway. As one of only two attorneys in the Kansas City Metropolitan Area to be recognized by Best Lawyers for Eminent Domain Law, Spencer Thomson is well-versed to represent the building owner who denies that the building is unfit.

For a summary of the history and eminent domain proceedings, see The Prairie Village Post article “Mission Woods holds off on using eminent domain to acquire Shawnee Mission Parkway Building”

Progress in Edwardsville, Kansas Industrial Park

Jones Development Company and Van Trust Real Estate, LLC are working together to build a new industrial warehouse in the Woodend Industrial Park in Edwardsville, Kansas. Thomson Walker assisted the parties in securing a 10 year property tax abatement from the City of Edwardsville, Kansas. For more information about the project, see the Kansas City Business Journal article, “VanTrust, Jones Development Make Spec Splash.”

Burlington Coat Factory Commences Construction in Independence, Missouri

Thomson Walker client, Cinema East, has a new tenant with construction underway in Independence, Missouri. See the full story by the Kansas City Business Journal: Burlington Coat Factory Store Construction Underway at site of Independence’s Blue Ridge Cinema.

Independence, Missouri Developer Seeks Incentives While Raytown School District Protests

IAS Partners, LLC has requested assistance in the form of incentives from the City of Independence, Missouri, with the help of Thomson Walker, LLC. The Developer seeks to rehabilitate the former Blue Ridge Cinema property by adding retail users, including Burlington Coat Factory.

Despite protests by the Raytown School District, the Independence City Counsel approved the Developer’s request for a Tax Increment Financing Amendment.

For background information about the development and incentive history, see “Raytown School District takes hard line on Independence TIF request.”

Sale of Kansas City’s Power and Light Building Halted

As reported on November 19th by the Kansas City Business Journal and the Kansas City Star, the contract between Gailoyd Enterprises Corporation and West Properties, Inc., as sellers, and potential buyer, Sherman Associates, Inc., for the Power and Light Building and surrounding property in Kansas City, Missouri has been terminated.  The iconic Power and Light Building and the lots encompassing the majority of the same block are back on the market and listed by Gib Kerr of Re/Max Commercial Solutions.

Crackerneck Center Community Improvement District Approved by City of Independence

On October 15, 2012, the City Council of the City of Independence, Missouri approved the creation of the Crackerneck Center Community Improvement District. The Crackerneck Center CID includes approximately 11 acres of prime real estate within Independence.  The site has available restaurant and retail pad sites; for information about available sites, please contact Rob Herman at 816.918.1585.  The Examiner provided additional details about the CID approval (“Independence City Council OKs Tax Hike for CID“).

Thomson Walker, LLC represented Crackerneck Country Club, Inc.,  the owner of the property within the CID boundaries.

Community Improvement District Petition Filed by Crackerneck Country Club in Independence, Missouri

As reported by the Examiner, Crackerneck Country Club, Inc. has filed a petition for the creation of the Crackerneck Center Community Improvement District (“Developer Seeks Special Taxing District“). The CID boundaries include Interstate 470 to the east; by U.S. 40 to the south; by Cochise Court, 46th Terrace and Bass Pro Drive to the west; and by vacant, wooded land to the north. The Independence, Missouri City Council is scheduled to review the petition at its October 1st and October 15th meetings. Thomson Walker, LLC assisted the property owner with the CID creation.

Tax Abatement Entices Xpedx to move to Edwardsville, Kansas

The City Council of the City of Edwardsville, Kansas has approved the issuance of internal revenue bonds to incent Xpedx (a unit of International Paper) to move to a new site in Edwardsville.   The internal revenue bonds would allow for a 10 year, 60% real property tax abatement on the site.  As described in the Kansas City Business Journal, Xpedx currently has a distribution facility with approximately 180 employees in Olathe, Kansas.  Thomson Walker is representing the property owner in the transaction and assisted with securing the internal revenue bonds for Xpedx.

Kansas City Power & Light Building and Surrounding Property under Contract for Sale

As reported in the Kansas City Business Journal, the Kansas City Power & Light Building, owned by Gailoyd Enterprises Corporation, is under contract to be purchased by Sherman Associates, Inc.  Surrounding property owned by Gailoyd Enterprises and related-company, West Properties, Inc., is to be included in the sale. Thomson Walker, LLC is representing Gailoyd Enterprises Corp. and West Properties, Inc.

Iconic Kansas City Power and Light Building For Sale

As reported in the New York Times, the historic Kansas City Power and Light Building, located in Downtown Kansas City, Missouri, has been listed for sale by owner Gailoyd Enterprises Corporation. Thomson Walker, LLC provides legal representation for Gailoyd Enterprises Corporation and affiliated company, West Properties, Inc.  Gib Kerr of RE/MAX Commercial Solutions is the broker representing Gailoyd Enterprises and West Properties.