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Economic Development

 

About Leawood | Economic Development | Leawood History
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| Sense of Place

 

Please click on the link below to be directed to the latest information regarding economic development. The Leawood Economic Development Council website prepared and hosted by the Leawood Chamber of Commerce was established in partnership between the City of Leawood and the Leawood Chamber of Commerce.

 

Leawood Economic Development Council

 



Economic Development Information - ARCHIVE

 

The City of Leawood continued to realize new development through 2014. Over the last year, Leawood issued permits for development in commercial, retail, office, residential and business park uses.

In the Park Place development the construction of the residential component continued in 2014 with three apartment buildings. Construction and occupancy should be complete in 2015. The first was the Axis Lofts, a 40,000 square foot, four-story building, containing 27 units and underground parking. The other two buildings, The Residences, are each five-story buildings with 150 total units. Other development in Park Place included the addition of Altar Bridal; BSA LifeStructures; Burger-Fi; Dazzle Pawz; Etiquette Boutique; Fitness Culture; Lifeform Studio; Mackech Jewels; Pickleman's Gourmet Cafe; Piper Jaffray; Romanelli Sun Galleria and UMB Bank.

In the Mission Farms development, a third phase is under construction. Included are 132 apartments, seven townhomes and 15,000 square feet of office space.

Other shopping areas experienced changes as well. Parkway Plaza added Blond & Co. Salon, Get Smarter Prep, Hoffman International Model and Talent Agency, Iron Tribe Fitness, KC Running Company and the Venue of Leawood. At Plaza Point, KC Lashes and PAR 4 Liquor were added. Town Center Plaza plans for a stand-alone 47,000 square foot building for Restoration Hardware. Construction should begin in 2015 and be complete in 2016. Construction began on the 19,000 square foot building for the Arhaus furniture store in 2014; with completion in 2015. Other business additions were Altar'd State, Beyond Beauty, Central Bank of the Midwest, Hanna Andersson, and Parlor: A Beauty Bar and Sephora. Town Center Crossing added Anthem Media; Body Lab; Evereve; Mitchel Gold + Bob Williams; Paper Source; and Radiant Yoga + Wellness. The Camelot Court Shopping Center began renovations and expansion of the Hen House store. New openings in 2014 included the Fairway Eye Center and Smoothie King. At Cornerstone, Charles Schwab Investment Brokerage Services were approved to build a new 7,000 square foot building, currently under construction. Acute Spinal Rehabilitation; Asian City; Catalyst Health Center and HyVee Pharmacy opened in Leawood Plaza. Market Square added Emler Swim School; Playabilities for Sensational Kids and Rapid Road to Reading. Groover Interiors and Lotus Yoga opened at Nall Valley Shops. Paris Tailor opened at Ranchmart and Somerset Family Dentistry and Classic Kitchens were added at the Somerset Shops. At Village of Seville, Wing Lovers USA opened and Discount Tire was approved to construct an 8,000 square foot building. And lastly, Church of the Resurrection was approved for a 141,000 square foot sanctuary expansion.

Corporate additions included: Berger Estate & Elder Law at University Park; and the approval for a 70,000 square foot Pinnacle V building in the Tomahawk Creek Office Park.

According to the 2014 tax rolls of the Johnson County Clerk's Office, the following is a list of the ten largest property tax payers in the City:

 

Principal Taxpayers - December 31, 2014

Taxpayer

Location

Assessed Value

Town Center Plaza

5400 W. 119th

$25,107,000
Town Center Crossing

119th & Roe Ave

$12,214,248
Park Place Village LLC

115xx-116xx Ash St

$8,639,001
Camelot Court, LLC

11721 Roe Ave

$7,414,768
Hallbrook Office Center

11150 Overbrook

$7,138,061
Park Place Village 5 LLC

115xx-116xx Ash St

$6,959,163
Academy 1740, Inc.

11400 Tomahawk

$4,979,751
PPC Two, LLC

11440 Tomahawk

$3,825,500
Kansas City Power / Light

NA

$3,710,745
Pinnacle Building III, LLC

11460 Tomahawk

$3,069,504

 

The majority of the growth in Leawood has been historically residential. However the City has pursued a program to expand and diversify its economic base over the last several years. This is apparent when reviewing the City's tax base.

In the last 10 years real commercial property has grown faster than all other classifications and today represents 23% of the total taxable property. In 2014, 160 commercial building permits were issued with a construction valuation of $40 million. Total construction value for all permits issued in 2014 was $128 million, a 30% decrease from 2013 which was $182 million.

Leawood offers an excellent environment for businesses. Please see the Leawood Chamber for additional economic development information. Easy access to the metro highways, well maintained streets, and low crime are some of the amenities. Leawood and Johnson County have combined to be known as the Kansas City metropolitan area's growth engine and one of the nation's top business locations. With its high quality of life and successful business environment, the county attracts many new employers annually. A good portion of these select Leawood as their location choice.

 

Park PlacePinnacle

 

City of Leawood