KANSAS CITY, MO-A final agreement has been reached that will give the go ahead for DST RealtyInc.’s plan to develop the Westside Industrial Park on SouthwestBoulevard.

DST Realty will build a 227,000 sf productionbuilding and renovate existing buildings in a former rail yard alongSouthwest Boulevard and 26th Street.Plans had been slowed because of costs to clean up the contaminated areaand by an outstanding balance owed to the Hispanic Development Corp. byWestside Industrial Park LLC.

Under the new agreement, DST Realty will pay $1.2 million for interestin Westside Industrial Park and will cover the $580,000 balance owed tothe Hispanic Development Corp.

DST Realty plans to create a site for Output Technology Solutions Inc.,a bill processing company. Output Technology Solutions and DST Realtyare both subsidiaries of DST Systems Inc., a Kansas City-basedinformation processing and computer software services company.

The company will move about 500 employees from its current office, whichis nearby at 25th and Summit streets.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 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.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.