JVT Asset Management of Kansas City, MO, has announced plans tobuild a large office complex on the site. Jim Watkins, a broker inthe local office of Lee & Associates, says the project—CompassCenter—could have as many as four phases. Construction could startin January.

The proposal by JVT is the third development plan for the sitein five years. Newport Beach, CA-based Koll Development had controlof the land but didn't get a big enough lease deal to launch it.More recently, Opus West had plans for 450,000 sf of office spaceat the spot near Sky Harbor International Airport.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.