FORT WORTH COMPANY BUYS FORMER BOOTLEGGING HUB

by admin

FORT WORTH, TEXAS — Fort Worth-based Atlas Properties has purchased a 105,700-square-foot building and two parking lots in the Crossroads Arts District in Kansas City. The retail property is reportedly the former hub of the Kansas City bootlegging industry, and the building features tunnels and hidden rooms. The purchase comes with $3.95 million in TIF financing and state and federal historic tax credits. Atlas will reposition the property as a mixed-use development. This is Atlas' second acquisition in Kansas City this year.

You may also like