Shook, Hardy & Bacon, Kansas City's largest law firm, is penciled in as the office tower's anchor tenant, occupying 410,000 sf (16 floors)in the building. The law firm has more than 1,000 employees and currently has offices inthree downtown buildings. In April, the law firm announced that it would move from One Kansas CityPlace when its lease expires in February 2004.
Groundbreaking on the new site is scheduled for the first quarter of2001 and construction should be complete by the fourth quarter of 2003. J.E. Dunn Construction will serve as the project's general contractor.
The Zimmer Cos. Crown Center is financing the project. Estimates put the project at a cost of more than $100 million, and Crown Center will receive tax abatements under Missouri's Chapter 353 redevelopment law and will not pay property tax on theproperty for 10 years after development starts and will receive a 50% tax abatement for 15 years thereafter.
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