Friday, May 15, 2026
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Missouri

AcquisitionsMidwestMissouriOffice

Colliers Brokers Sale of 321,000 SF Office Building in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Colliers has brokered the sale of 2323 Grand Boulevard in Kansas City’s Crown Center submarket. Evan Warwick of Colliers represented the seller, Stanton Road Capital LLC. Bryan Johnson of Colliers represented the buyer, Crain Co., a multifamily acquisition and development company based in Wichita. Amenities at the property include a full-service cafeteria with outdoor seating, dedicated management and maintenance teams, 24-hour security and a fitness center. Recent capital enhancements included a renovated lobby, common areas and elevator systems. The 11-story building was developed in 1985. Stanton Road Capital acquired the property in 2017.

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DevelopmentHospitalityMidwestMissouriRetail

Construction Begins on First Amusement Park Ride at Oasis at Lake of the Ozarks in Missouri

by Kristin Harlow

OSAGE BEACH, MO. — Construction teams are now installing the first amusement park ride at Oasis at Lake of the Ozarks in Osage Beach. The family tower ride, named The Plunge, will lift riders 100 feet into the air to experience sweeping views of the lake before plunging them back down to the landing zone at high speeds. Standing as tall as the Natural Bridge at Ha Ha Tonka State Park in Camdenton, Mo., The Plunge will be one of the tallest structures in the area. The Plunge is one of 12 amusement rides planned for the Oasis Lake of the Ozarks entertainment destination. The amusement park, parking garage and boat slips are scheduled to open in spring 2027. The indoor water park and Marriott Resort & Conference Center will follow. When complete, Oasis Lake of the Ozarks will operate as a year-round destination featuring multiple restaurants and a wide range of attractions, including two roller coasters, a nearly 200-foot-tall observation wheel, the largest indoor water park in Missouri and a 401-room Marriott Resort.

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Leasing ActivityMidwestMissouriOffice

ARCO National Construction Expands St. Louis Office Lease to 95,000 SF

by Kristin Harlow

ST. LOUIS — ARCO National Construction has leased all remaining vacancy at Clayton Executive Center I, bringing the property to full occupancy. With this expansion, ARCO now occupies the entire building. An affiliate of Stanton Road Capital owns the property. Tom Bajardi of Sansone Group represented ownership in the lease. ARCO initially leased 60,000 square feet and is now expanding by an additional 35,000 square feet. Clayton Executive Center consists of two office buildings, both of which are now fully leased.

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DevelopmentMidwestMissouri

Historic Hanley House Reopens to Public in Clayton, Missouri

by Kristin Harlow

CLAYTON, MO. — The City of Clayton and the Clayton Community Foundation have reopened the historic Hanley House. Located at 7600 Westmoreland Ave. in Hanley Park, the Hanley House is Clayton’s oldest surviving home and is listed on the National Register of Historic Places. The property was built in 1855 by Martin Franklin Hanley. During the opening event on May 12, Susan Hanley, a descendent of the Hanley family, will plant an oak tree at the house. Closed to the public since 2020, the Hanley House will fully reopen for scheduled public tours in 2027.

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Leasing ActivityMidwestMissouriRestaurantRetail

The Fold to Debut 6,072 SF Restaurant at Corrigan Station in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — The Fold, a new American restaurant concept from the team behind Roots Seasonal Cuisine in Lee’s Summit, Mo., will open at Corrigan Station in the heart of Kansas City’s Crossroads Arts District. The Fold will occupy 6,072 square feet in the former Corvino restaurant space. Todd Richards, bar manager for Roots, along with Amanda Accurso and Brandon Sharp, owners of Roots, are partners in The Fold, which will offer a wide range of culinary options. The restaurant is scheduled to open Friday, May 22. The Fold’s name reflects the restaurant’s vision of being a welcoming place for people from all walks of life, according to Corrigan Station owner Copaken Brooks.

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DevelopmentHospitalityMidwestMissouri

Midas Hospitality Begins $81M Renovation of Historic Edison Brothers Building in St. Louis

by Kristin Harlow

ST. LOUIS — Midas Hospitality has begun an $81 million revitalization of the historic Edison Brothers Building in downtown St. Louis. The project includes updates to the hotel and public spaces, new street-level amenities and the restoration of the building’s mural. The property is planned to reopen in fall 2027 as the Sheraton St. Louis Downtown. Located at 400 S. 14th St., the nearly 950,000-square-foot building was repurposed more than 20 years ago and has since included 72 condominiums and a 270-room hotel. Midas’ plans call for 284 fully updated hotel rooms, expansive meeting and event space on the building’s top floor and a rooftop outdoor deck serving both guests and event participants. Central to the project is the restoration of the building’s trompe l’oeil mural, originally painted in 1984 by artist Richard Haas. Midas has retained Haas to restore the artwork. Financing partners include Acres Capital, The Bank of Missouri and Peachtree Group. Historic tax credit partners include Historic Equity Inc. and Commerce Bank. The project also received support from the City of St. Louis and the condominium association, Breckenridge 1400 Condominium Association. The design and construction team includes MBG (general contractor), Gray Design Group (architect), Avenir Group (interior …

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AcquisitionsMidwestMissouriMultifamily

BAM Capital Acquires 328-Unit Kinsley Forest Apartments in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — BAM Capital has acquired Kinsley Forest Apartments, a 328-unit multifamily community in Kansas City. The property marks the second acquisition within the BAM Multifamily Growth Fund V and the third in the BAM Preferred Credit Fund. Built in 2018, Kinsley Forest is situated in the Clay County submarket and is roughly 97 percent occupied. BAM Capital will transition property operations to its vertically integrated platform, BAM Management.

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DevelopmentMidwestMissouriMultifamily

HDA Leads Historic Renovation of Liberty Hospital Building in St. Louis

by Kristin Harlow

ST. LOUIS — HDA is serving as the architect for the historic renovation of 4500 Washington, a four-story building in St. Louis that was originally constructed in the 1920s as Liberty Hospital. The first osteopathic hospital in the city, the building later evolved into a neighborhood hub for youth programs, gatherings and support services. Today, MBG is transforming the property into 31 apartment units, a dedicated community space for veterans and a revitalized neighborhood hub. The building’s history is deeply intertwined with Leo Hardin Sr., a Korean War veteran and longtime pastor of Christ Temple First Church located across the street. Through the leadership of his son, Jeff Hardin, the building is entering a new chapter. The goal is to return the property to its original role, serving as a place of care, belonging and community connection. The dedicated space for veterans will serve as a tribute to Hardin Sr.

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Data CentersDevelopmentIndustrialMidwestMissouri

Metrobloks, Lincoln to Develop 568,000 SF Data Center Campus in Metro Kansas City

by Kristin Harlow

LIBERTY, MO. — Metrobloks, a developer of AI-ready, low-latency data center infrastructure in major metropolitan markets, has formed a joint venture with Lincoln Property Co., a full-service real estate firm with an established data center platform. The partnership will focus on the co-development of a high-performance data center campus in Liberty within metro Kansas City. The newly acquired site totals 30 acres and is already zoned and powered for data center use. It sits within 10 miles of the GPC Missouri Internet Exchange Point. Plans call for a multi-phase, 568,000-square-foot campus designed to support hyperscale, AI and enterprise data center workloads, with flexibility to scale over time beyond the initial 150MW total utility power.

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DevelopmentMidwestMissouriRetail

$7.5M VIBE City Flagship Dispensary to Open at Grand Central at The Junction in Missouri

by Kristin Harlow

WENTZVILLE, MO. — Missouri-based cannabis brand VIBE Cannabis is developing a flagship dispensary, VIBE City, at the final retail outlot at Grand Central at The Junction in Wentzville, a western suburb of St. Louis. Mia Rose Holdings is the developer for the Grand Central at The Junction mixed-use development. The project includes 180 luxury apartment units with a mix of retail, fitness and dining tenants, including Sugarfire and F45 Training, along with a Holiday Inn Express hotel. Additional retail space, formerly occupied by Brett Hull’s Junction House, is currently available for lease. The Wentzville location for VIBE will total 6,500 square feet and represent an estimated $7.5 million investment. The space will feature a drive-thru pickup window. The project team includes Layne Co. Construction, SE/Coady Architects, Premier Design Group, Crockett Engineering Consultants and Engenuity. Triad Bank provided financing. Construction is underway, with a target opening slated for September.

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