Hunt Midwest closed on the acquisition of more than 1,300 acres adjacent to the Kansas City International Airport in Kansas City, Missouri.
The property is contiguous with roughly 2,000 acres already owned by Hunt Midwest. Its addition results in nearly 3,300 acres under a single ownership for development of the largest logistics park in the state of Missouri.
The recently dubbed KCI 29 Logistics Park will support up to 18 million square feet of Class-A logistics and manufacturing space, along with more than 20 acres of commercial mixed-use. It has the potential to attract more than 8,000 employees with an overall capital investment of nearly $1.3 billion over the next decade.
Its highly accessible location provides immediate access to KCI Air Cargo operations and Interstates 29 and 435 via the Mexico City Interchange. Area infrastructure is robust with available onsite transmission level power, a transmission waterline and a wastewater treatment plant.
KCI 29 Logistics Park will offer users the ability to reach 90% of the U.S. population in two days via truck or overnight via air freight. Tenants will benefit from the property’s central location and proximity to logistics drivers such as KCI Air Cargo operations, which includes hubs for UPS, FedEx and USPS. Another advantage for tenants is the opportunity to be close to the manufacturers they supply.
The KCI single terminal’s completion in 2023 will provide for convenient flight options and a bold first impression for companies looking to locate in Kansas City.
