KANSAS CITY—Hunt Midwest has just promoted its president Ora Reynolds to president and chief executive officer effective immediately. The move comes after the Kansas City-based, privately held real estate developer, best known for SubTropolis, its mammoth underground business park, earned record-setting profits in 2014.

“Ora has earned this distinction based on her outstanding performance as the leader of Hunt Midwest,” says company chairman Lee Derrough. He credits Reynolds, a Chicago-native who joined the company in 1991, with growing and diversifying its development business. “Ora has assembled an excellent team of professionals that is motivated and dedicated to making our company grow and be successful in all phases of our business. That has translated into a significant increase in company value for our owners.”

“Our team is focused on expanding into new real estate niches while continuing to grow Hunt Midwest's core business at SubTropolis,” Reynolds says. “Our footprint has expanded from primarily industrial and residential lot development into mission critical, multifamily, senior living, residential and mixed-use development.”