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 Economic Development News 
Wednesday, March 30 2016

Edgerton, KS -- NorthPoint Development has announced the start of construction of Inland Ports XXXII, a 765,927 square-foot building and XXXIII, a 927,155 square-foot building, both constructed on a speculative basis at Logistics Park Kansas City (LPKC). LPKC is a 1,700-acre master-planned distribution and warehouse development anchored by BNSF Railway’s newest intermodal facility located in Edgerton, Kan., a suburb southwest of Kansas City.

Approximately two million square feet of speculative construction will be delivered this spring, and due to existing tenant demand and new tenant interest, NorthPoint has decided to start this new phase of construction. Upon completion of the two additional buildings, expected in summer 2016, there will be approximately 6.5 million square feet of new buildings at LPKC, supporting total future building capacity of 17 million square feet.

“The addition of these two speculative buildings – one being the largest ever built at 927,155 square feet – indicates that there is a very strong demand to locate at LPKC,” said City of Edgerton, Mayor Donald Roberts.

“Buildings of this size will attract the caliber of tenants that LPKC was designed for, while positively impacting our community with possible new jobs and other new opportunities.”

Both buildings will feature 36-foot clear height and consist of 1/10,000 square feet total loading docks, capable of expanding, as well as car parking to accommodate a range of tenant uses.

About Logistics Park Kansas City
Located in Edgerton, Kan., LPKC is a 1,700-acre master-planned distribution and warehouse development anchored by BNSF Railway’s (BNSF) newest intermodal facility, which opened in late 2013. Companies located at LPKC benefit from significant transportation savings and direct access to a heavy-haul corridor. For more information about the benefits of co-locating at LPKC, visit www.logisticsparkkc.com. NorthPoint Development is the exclusive developer of LPKC and is represented by Kevin Wilkerson and Phillip Algrim, with JLL. For leasing opportunities at LPKC, contact JLL at 913.469.4600, or visit www.jll.com.

About NorthPoint Development
NorthPoint Development is a privately held real estate development company specializing in complex master-planned projects. NorthPoint has logistics-oriented developments in 11 markets across the United States and serves as the real estate developer for Logistics Park Kansas City (LPKC), a 1,700-acre inland distribution hub that includes a public private partnership and BNSF’s newest intermodal facility. Typical discussions with prospective tenants include decreasing operating costs, matching empty containers with export loads, decreased drayage expenses, and increasing utilization of domestic intermodal services. For lower volume shippers, typical savings represent 30-40% of the total costs of occupancy. For higher volume shippers, combined savings can represent the entire cost of occupancy. Visit www.beyondthecontract.com and www.logisticsparkkc.com for more information.

About JLL
JLL is a financial and professional services firm that specializes in commercial real estate services. Our 50,000 people across 1,000 locations in 70 countries serve the local, regional and global real estate needs of corporations and investors, delivering integrated commercial real estate services built on insight and foresight, sound market research and relevant knowledge. JLL’s Kansas City brokerage team has been involved in excess of 3,000 sales and leasing transactions, totaling over $1.5 billion in value. Kevin Wilkerson and Phillip Algrim are the exclusive agents for Logistics Park Kansas City (LPKC) and are part of the JLL’s Supply Chain & Logistics Solutions team. For more information, visit www.jll.com.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:49 am   |  Permalink   |  Email

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