CRE X Missouri

Public-private partnerships gain ground as innovative solution for funding real estate development projects

Federal, state and local government agencies have significant real estate needs, including the necessity of repairing and replacing aging infrastructure and utilities. But these agencies are finding it increasingly challenging to find the funding to pay for the development of their properties. As a solution, public-private partnerships (P3s) are gaining ground as a viable funding source for real estate development projects. This is an approach that is catching the attention of not only developers, but also government leaders looking for innovative ways to fund their community infrastructure needs.

CRE X Missouri
HOK's St. Louis office names new SVP

HOK's St. Louis office names new SVP

Architect Eli Hoisington has been promoted to senior vice president in HOK’s St. Louis office. Hoisington, the design principal and a leader for HOK’s St. Louis practice since relocating from the firm’s New York office in 2014, also is a member of HOK’s global design board and board of directors.

Office X Missouri
St. Louis' HOK designs 17,000-square-foot office space in Cortex Innovation Community

St. Louis' HOK designs 17,000-square-foot office space in Cortex Innovation Community

HOK designed the newly opened 17,000-sq.-ft. office space for San Francisco-based Square, Inc., in the @4240 building in the Cortex Innovation Community in midtown St. Louis. Square, the mobile payments company founded by native St. Louisans Jack Dorsey and Jim McKelvey, selected HOK to design the conversion of the historic building’s old wire shed into a state-of-the-art workplace.

Industrial X Missouri
Kansas City industrial market absorbs more than 780,000 square feet in first quarter

Kansas City industrial market absorbs more than 780,000 square feet in first quarter

Industrial users are targeting Kansas City today. This shouldn't be surprising; the city boasts a great location in the center of the country and a strong system of highways and rail lines. Because of this, Kansas City's industrial market is now in the middle of a building boom. Cushman & Wakefield in its latest industrial report, said that in the first quarter of the year, developers delivered 2.4 million square feet of new industrial space to the Kansas City market.