Lee’s Summit EDC Launches Developer’s Showcase Series

EDC StaffUncategorized

IMG_1847Lee’s Summit EDC Launches Developer’s Showcase Series. Forum will help stakeholders share information about bustling development activity.

Lee’s Summit, MO—April 6, 2016—Lee’s Summit Economic Development Council investors received insight and updated information on two of the city’s premier economic development projects at the LSEDC’s first-ever Developers Showcase luncheon on April 6, 2016 at Longview Mansion, 1200 SW Longview Park Dr.20160406_123319

Steve Rich, director of project development for Townsend Capital, shared the latest information about development in the Summit Corridor near Chipman and Ward roads. Anchored by the Missouri Innovation Campus and Summit Technology Center, the corridor is attracting a wide variety of spinoff development activity, including multifamily, hotel and big-box retail projects.

Rich said the area also has seen significant interest from operators of coworking facilities, which would provide satellite offices for MIC corporate partners.

“A coworking facility would be complementary to MIC and could encourage businesses to expand to Lee’s Summit,” Rich said.

Flip Short, developer of the Paragon Star Soccer Village, also presented a project update. In March, the Paragon Star development team secured public incentives from the City of Lee’s Summit, clearing their final hurdle before breaking ground on the $200-million mixed-use project north of I-470 at View High Drive.20160406_123259

The LSEDC is launching the Developer’s Showcase series in an attempt to give investors updated insight, networking opportunities and timetables associated with the broad range of economic development activity taking place in the city, according to Rick McDowell, president of the Lee’s Summit EDC.

“In my almost three decades of working in economic development, this is the busiest I’ve ever seen any one community in my career,” McDowell said. “The Developer’s Showcase helps the business community have a better understanding of what is in the pipeline and is just another way we are working to improve the economic development climate in Lee’s Summit,” McDowell said.