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MissouriIndustrial

Construction starts on spec industrial development in Missouri’s Lee’s Summit

May 17, 2022
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On Tuesday, dirt was turned at the ground-breaking ceremony for the new Lee’s Summit Commerce Center in Lee’s Summit, Missouri.

Members of the Lee’s Summit Economic Development Council were joined by representatives from Scannell Properties, Olsson Associates, Kadean Construction and Newmark Zimmer, among others, to celebrate the occasion.

Lee’s Summit Commerce Center is the first bulk Class-A speculative industrial development in Lee’s Summit with modern industrial amenities such as a cross-dock operation and 32-foot to 36-foot clear heights. The 781,000-square-foot project is located on 75 acres just west of NE Douglas Street and NE Tudor Road, close to I-470 and 50 highway.

In April, Newmark Zimmer and Scannell Properties announced the first completed lease at Lee’s Summit Commerce Center. The lease, totaling 215,730 square feet, will take half of building A, a 430,000-square-foot cross-dock facility planned for completion later this year.

“The City Council saw this opportunity for high quality industrial, as well as the job and economic benefits from these properties,” said Lee’s Summit Mayor Bill Baird. “I’m really proud of the direction we’re going.”

The new facilities can accommodate tenants from 30,000 to 200,000-plus square feet. Building A is a 430,000-square-foot cross-dock, building B is a 238,000-square-foot single-load and building C is a 113,000-square-foot single-load. All three buildings are currently under construction and final construction is slated to be complete first quarter 2023.

 

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Kadean ConstructionLee's SummitNewmarkScannell Properties
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