Hunt Midwest

Hunt Midwest and Principal Senior Living Group open ninth Benton House

Hunt Midwest, in partnership with Principal Senior Living Group, recently welcomed the first residents to Benton House of Olathe, its newest assisted living and memory care community located at 15700 W. 151st St. in Olathe, KS.

“Benton House of Olathe is situated amongst several established neighborhoods, providing area seniors needing assistance with daily activities the option to remain in the same community, close to friends and family,” said Ora Reynolds, president and CEO of Hunt Midwest.

“Excellent schools, city services and a full range of housing options have made Olathe a popular choice for families to call home, but market research indicated a gap between demand and the availability of high-quality senior housing. Our team is thrilled to offer Benton House of Olathe to meet the current and ongoing needs of seniors and their families for first-class assisted living and memory care.”

This is Hunt Midwest and Principal Senior Living Group’s ninth metro area Benton House community; more than double the number locations initially planned by the partnership when it entered the Kansas City senior housing market in 2011.

“The success of Benton House senior living communities has significantly outpaced our initial projections in terms of capital investment and number of locations," Reynolds said. "Our investment of $85M in senior housing development has subsequently resulted in the creation of more than 700 jobs to support the construction, management and operation of our Benton House locations.

Benton House of Olathe incorporates a variety of indoor and outdoor amenity spaces and 55 studio and one-bedroom apartment suites arranged in a figure eight around two landscaped courtyards. Also offered is the Beacon Neighborhood, an exclusive, secured area dedicated to residents in need of additional memory care services and support.

“Our award-winning team takes great pride in providing compassionate, individualized care to residents and their families,” said Kyle Diekmann, chairman of Principal Senior Living Group. “Benton House offers a variety of programs and events designed to promote an engaging, active lifestyle for our residents. We’re proud to have earned the reputation of being a wonderful place for area seniors to call home.”

Traditional architecture and interior design give Benton House of Olathe a classic, timeless look that complements the surrounding neighborhood. Elements include a neutral color palette and mix of stone, brick and stucco on the façade, lush landscaping, and signature white cupola atop a sweeping, covered front entry.

The single-story, 52,000-square-foot building is situated on 4.4-acres, allowing ample room on the site for future expansion of the Beacon Neighborhood with minimal impact to residents living at Benton House or nearby.

Hunt Midwest and Principal Senior Living Group currently own and operate a portfolio of six Benton House locations that include Benton House of Olathe, Benton House of Staley Hills, Benton House of Lenexa, Benton of Tiffany Springs, Benton House of Raymore and Benton House of Blue Springs. Previously owned locations include Benton House of Shoal Creek, Benton House of Lee’s Summit and Benton House of Prairie Village.

The company’s Benton House assisted living facilities serve seniors who don’t want or need a nursing home, but who are weary of home upkeep, in need of a little personal assistance or simply desire to have more interaction with others. The company currently owns/operates 25 Benton House assisted living and Alzheimer’s/memory care service centers.

EDC of Kansas City announces 2018 Cornerstone Award winners

The Economic Development Corporation of Kansas City, Missouri, (EDCKC) announced winners of its 2018 Cornerstone Awards, which recognize the city's top construction, redevelopment, capital investments and job creation or expansion projects.

A total of 11 projects were showcased at the EDCKC’s annual event on Tues., May 15, 2018 at Kansas City’s Union Station. Winners achieved a variety of economic development criteria, including job creation, global economic growth, capital investment, innovation, P3, entrepreneurship, sustainability, neighborhood improvement, tourism, workforce and education, and adaptive reuse. 

“The Cornerstone Awards celebrate the people and organizations that are building the future of Kansas City, Missouri,” said Bob Langenkamp, EDCKC president and CEO. “The 2018 award recipients have played a vital role in creating a thriving economy in our city, and we enthusiastically congratulate them on their efforts."

Winners of the annual development awards included: AutoAlertCable Dahmer Headquarters & Collision, Cerner Innovation Campus, Hotel Indigo and Fairfax Lofts Apartments, Hunt Midwest SubTropolis Animal Health Corridor, KC Urban Youth Baseball, Linwood YMCA/James B. Nutter Sr. Community Center, NBKC Bank, Spring Venture Group, Urban Cafe, and Westport Commons/Plexpod.

EDCKC also recognized several organizations for work on regional projects such as the Amazon HQ2 proposal and the successful campaign for A Better KCI. Amazon HQ2 honorees included Barkley, VML and Xact Technologies, and A Better KCI partners included Platte County EDC, Northland Regional Chamber of Commerce, Kansas City Area Development Council, Greater Kansas City Chamber of Commerce, and The Dover Group.

KCP&L was applauded for its Clean Charge Network & KCP&L Connect initiatives. The Veterans Community Tiny House Project received EDCKC's People's Choice Award. 

The ceremony also honored UMKC Chancellor Emeritus Leo Morton for his tireless support of philanthropic, civic and economic progress in Kansas City. 

 

 

Hunt Midwest senior housing expands into Florida, Tennessee

Hunt Midwest is extending its senior housing reach outside the Kansas City region, announcing plans to build an 84-unit assisted living and memory care community in Royal Palm BeachFlorida.

The 76,200-square foot Capstone at Royal Palm will offer residents resort-style living in a secure environment, with Mediterranean architecture and amenities such as fitness center, bistro lounge, sunroom, walking trails, gazebo and dog park.

"To continue our growth in the senior housing space, Hunt Midwest began looking at dynamic markets in the southeast to develop first-class assisted living and memory care communities," said Ora Reynolds, president and CEO of Hunt Midwest. "About that time, the Village of Royal Palm Beach recognized a desire to provide its senior population with assisted living and memory care services in quality projects or risk losing their residents to neighboring communities. The timing was ideal for us to meet that need, which led to our purchase of this highly desirable infill site..."

In addition to the Royal Palm project, Hunt Midwest has signed contracts to purchase land in the fast-growing Nashville, Tenn. suburbs of Mt. Juliet and Gallatin, with plans to develop two additional Capstone communities in that market.

Hunt Midwest has aligned with nationally recognized operating partner Integral Senior Living for the Capstone at Royal Palm. Construction will begin this fall with an opening expected in late 2019.

 

Unique incentive, multi-tenant footprint attract companies to Hunt Midwest Business Center

Hunt Midwest is seeing strong leasing activity for two Class A industrial buildings at Hunt Midwest Business Center (HMBC), a 2,500-acre commercial development in Clay County at I-435 and Parvin Road.

Four new tenants totaling about 250,000 square feet are leasing space in HMBC Logistics I and II, including American Tire Distributors Inc.ORBIS CorporationSpartan Motors, Inc., as well as a leading supplier to the e-commerce industry set to open in April.

Each tenant qualified for a 100 percent, 25-year tax abatement. According to CBRE’s Austin Baier, who handles leasing for the buildings, the Enhanced Enterprise Zone incentive is helping close deals.

"The unique tax abatement available at HMBC really gets the attention of warehouse users. Once a tenant qualifies, then the whole building is qualified, so both HMBC Logistics I and II are solidified and locked in. That guarantees companies a true 100 percent tax abatement for 25 years," Baier said. 

Mike Bell, Hunt Midwest vice president of commercial real estate, agreed: "The EEZ is a game changer for companies looking to locate in HMBC. With the tax incentives offered, companies are benefiting greatly from substantial savings."

The robust leasing activity validates Hunt Midwest’s strategic decision to invest in multi-tenant facilities geared to tenants starting at 40,000 square feet, according to Hunt Midwest President and CEO Ora Reynolds. The strategy has been so successful, a third multi-tenant building is on the books.

"Phase 5 of the Hunt Midwest Business Center includes a third 200,000 SF multi-tenant building along with room for additional buildings ranging from 450,000 to 1.2 million square feet. As businesses grow, we will have the inventory to meet their growing demands within HMBC," Reynolds said.

Hunt Midwest co-developed the buildings with Chicago-based HSA Commercial

Lanter lifts Hunt Midwest’s 3PL footprint to more than 1 million square feet

Lanter Distributing LLC has expanded and consolidated its regional warehouse and distribution operations into a 126,000-square feet facility in Hunt Midwest SubTropolis. The Madison, Ill.-based refrigerated LTL and trucking company provides freight consolidation, distribution and deliveries to retail and wholesale customers throughout the Midwest and southern half of the U.S.

“Time and again, companies from a wide range of industries - including third party logistics, animal health and automotive upfitters - perform their due diligence and ultimately choose SubTropolis for its location, efficiency, and value proposition,” said Hunt Midwest President and CEO Ora Reynolds.

Lanter’s expansion brings Hunt Midwest’s total logistics footprint to well over one million square feet, with a total of eight 3PL companies operating in either SubTropolis or Hunt Midwest Business Center, according to Mike Bell, Hunt Midwest vice president of commercial development.

“We are seeing a ‘cluster effect’ of 3PL companies in SubTropolis and our surface business park, Hunt Midwest Business Center,” Bell said. “These companies are looking for access to labor and logistics to fuel their growth.”

Additional 3PL tenants include Advanced Logistics Fulfillment (ALF), American Central Transport (ACT), FW Warehousing, Ground Freight Expeditors, Hallmark Cards, Paris Brothers, and Rossi Motor Freight.

“The ability to quickly and easily scale operations is often top-of-mind for growing companies, and we are able to deliver space in SubTropolis in a timely manner because there are no weather delays or lengthy permitting processes,” Bell added.

Lanter initially leased 21,000 square feet in SubTropolis for dry and refrigerated warehouse and distribution space in 2012. According to Lanter Distributing Vice President Ryan Behrmann, SubTropolis is ideally suited to the company’s requirement for dry and refrigerated storage facilities.

“The customized space, combined with the central location, enables Lanter to continue to provide customers with an industry-leading, cost-efficient, multi-temperature logistics solution while offering on-time deliveries and exceptional service,” Behrmann said. “We look forward to continuing our relationship with Hunt Midwest and growing our business within SubTropolis.”