Major new logistics park to support Kansas City International Airport
01 / 04 / 2022
Photo: Hunt Midwest
Plans have been unveiled to build the largest logistics park in the State of Missouri to support the air cargo business at Kansas City International (KCI) Airport.
Kansas City-based real estate development company Hunt Midwest recently closed on the acquisition of over 1,300 acres located adjacent to KCI.
The property is contiguous with roughly 2,000 acres already owned by Hunt Midwest. This has resulted in nearly 3,300 acres under a single ownership for development of the logistics park.
The recently dubbed “KCI 29 Logistics Park” will support up to 18m sq ft of logistics and manufacturing space along with 20 plus acres of commercial mixed-use space.
Its location provides immediate access to KCI air cargo operations, which includes hubs for UPS, FedEx, and USPS.
KCI 29 Logistics Park will offer users the ability to reach 90% of the US population in two days via truck, or overnight via airfreight, said Hunt Midwest.
Another advantage for tenants is the opportunity to be close to the manufacturers they supply.
It has potential for overall capital investment of nearly $1.3bn over the next decade, added Hunt Midwest.
KCI is in the process of developing a new single terminal that is due to open in early 2023.
“Hunt Midwest will leverage its real estate development expertise, resources, and relationships to offer users optionality for both warehousing and manufacturing,” said Ora Reynolds, Hunt Midwest’s president and chief executive officer.
“Disruptions in the global supply chains have driven the need to store more inventory closer to the end consumer and to reshore manufacturing back to the United States. We hope to capitalize upon these demand drivers with some big “wins” right here in Kansas City.”
Tim Cowden, Kansas City Area Development Council’s president and chief executive officer, said: “With the leadership of Hunt Midwest in securing acreage near KCI Air Cargo and our nearly completed state-of-the-art single terminal, and the work of KC SmartPort which promotes the region’s industrial strengths, Kansas City continues to lead as a top market for manufacturing and distribution.”