Search
 

Telecom Hotel & Parking Proposed for Downtown Jones Store Site

KANSAS CITY, KS-Dallas-based Ashton Group wants to demolish the store and build telecom hotel space and a parking lot. Dillard's is the seller of the property.

By Judie Burkhlater | Updated on October 07, 2000

KANSAS CITY, KS-An icon Downtown for many decades, the Jones Store Co. department storebuilding, closed three years ago, is being readied for sale andpossible demolition. The prospective buyer, Archon Group of Dallas, is coming to town with aproposal to construct a parking garage andtelecom hotel in its place, according to a spokesperson with BlackwellSanders Peper Martin, the law firm representing Archon.

Negotiations are still pending. Dillards Department Stores, Inc. isselling the property. Terms and dates were not disclosed.New plans call for construction of the parking garage to be start thisspring and be finished in about a year. The garage will have 750 parkingspaces, which is seen as a benefit to the employees of the nearby CityCenter Square, also an Archon property. City Center Square hasmore than 630,000 sf of rentable space and is the third largestoffice building Downtown.

Plans for the office building call for four floors and 150,000 sf of space that would be designed to house equipment owned byInternet and telecommunications companies. One other building, Oak Towerat 324 E. 11th St., has already been converted for this use although nonew structures have been built for this purpose yet in Downtown.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.