Discuss items in the urban core outside of Downtown as described above. Everything in the core including the east side (18th & Vine area), Northeast, Plaza, Westport, Brookside, Valentine, Waldo, 39th street, & the entire midtown area.
Kansas City Board of Trade agrees to $126M sale to CME Group
The Kansas City Board of Trade has been sold to a group that owns the Chicago Merchantile Exchange, the Chicago Board of Trade, and New York Merchantile Exchange.
This paragraph is of concern. Does this mean that the KC Board of Trade will be shut down here, and operations taken on elsewhere?
CME Group (Nasdaq: CME) — which owns the Chicago Mercantile Exchange, Chicago Board of Trade and New York Mercantile Exchange — pledged to keep the historic KCBT trading floor open for at least six months. It also will keep a committee of KCBT market participants for at least three years to advise on hard red winter wheat contract terms and conditions.
smh wrote:Does not sound great. Wonder if this bodes poorly for the CFTC office here.
Ditto. See my post about Sprint. Outside purchase of KC institutions usually means we lose the institution. But take heart, we can always talk about how to buy shoes for our children online.
It would probably never happen and i don't they would need that much space but it would be cool if Bats Trading bought this property and relocated to this spot instead of that horrible suburban location.
51% of Board of Trade building sold to Mariner Real Estate Management
The Kansas City Board of Trade building, on the market since grain-trading operations ended last summer, is being sold to Mariner Real Estate Management LLC, a Leawood real estate investment firm.
The buyer plans to complete its purchase of the six-story building at 4800 Main St. on Jan. 27, Glenn Stephenson, vice president of Highwoods Properties, said Thursday. Highwoods owns 49 percent of the building. The remaining majority share is owned by CME Group of Chicago.
Several parties looked at the Board of Trade building as a potential residential conversion play. But Mariner Real Estate Management is expected to retain it as an office investment. MREM is an affiliated asset manager of Montage Investments, a subsidiary of Leawood-based Mariner Holdings LLC.
Why is KC hell bent on "modernizing" all of its mid-century modern buildings? At least this is better than the incoherent renovations going on at State Line and Shawnee Mission Pkwy. Some towns celebrate their mid century modern buildings, as Palm Springs.
I think the BoT renos look great (even better in person, thus far). Really opens up the building.
This is what I "thought" Country Club Bank would do with One Ward Parkway across the street, and instead they did...nothing (exterior), but construct a hideous stucco frame around their north facing window.
rxlexi wrote:This is what I "thought" Country Club Bank would do with One Ward Parkway across the street, and instead they did...nothing (exterior), but construct a hideous stucco frame around their north facing window.
do they give awards for bad renovations? like a razzie? i nominate that one.
So is that the view facing north (48th street). It's already among my favorite streets in all of the KC Metro - very urbane feel - this will be a nice addition although I didn't think the existing Board of Trade Building is all that bad.
Highlander wrote:So is that the view facing north (48th street). It's already among my favorite streets in all of the KC Metro - very urbane feel - this will be a nice addition although I didn't think the existing Board of Trade Building is all that bad.
Imagine if they build the tower on top of the garage they are considering.
rxlexi wrote:This is what I "thought" Country Club Bank would do with One Ward Parkway across the street, and instead they did...nothing (exterior), but construct a hideous stucco frame around their north facing window.
do they give awards for bad renovations? like a razzie? i nominate that one.
LOL we should start our own annual awards (the Raggies?) for worst renovation, ugliest development, least pedestrian friendly, etc.
