39RAINBOW UNDER WAY IN KANSAS CITY, KAN.

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KANSAS CITY, KAN. — LANE4 Property Group is developing 39Rainbow, a multi-phased, mixed-use development in Kansas City. Located across from the University of Kansas Medical Center and Hospital, the project will offer upscale retail, commercial/medical space and hotel components. The first phase includes the demolition of the former Sun Inn Hotel at the southwest corner of Rainbow Boulevard and Marty Avenue in Kansas City. Upon completion in spring 2012, the property will include approximately 10,000 square feet of retail space on the first floor and an 83-room Holiday Inn Express & Suites on floors two through four. Current tenants for the first phase include Five Guys and Yogurtopia, among other retailers. The second phase, which is slated to break ground in spring 2012, will double the street-level commercial space and offer four floors of commercial and medical space. Project partners include Lodging One Hospitality, Davidson Architects and Engineering, Crossland Construction Co., Polsinelli Shughart Law Firm, Enterprise Bank and Center Bank of Kansas City.

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