Missouri Innovation Campus groundbreaking ceremony.
the Skinny
News from the Lee’s Summit Economic Development Council - March 2016 INSIDE: Note from EDC President Rick McDowell.......MIC Groundbreaking...Housing Study...Developer’s Showcase...New Investors...Hump Day Happy Hour Socials...500+ Likes!...Save the Date...Become an Investor!
From the desk of President and CEO March blew in and out with a flurry of development activity in Lee’s Summit that included a visit from the governor, the release of a much-anticipated housing study and approval of a massive incentive package for one of the largest developments in Lee’s Summit history. The month kicked off with LSEDC, along with Downtown Lee’s Summit, releasing results of a 2015 comprehensive Downtown Housing Study. The study demonstrated demand for multifamily and single-family homes in and around downtown and will undoubtedly serve as a catalyst for new Downtown investment and development. Years of planning and collaboration came together March 10 as LS R-7 and University of Central Missouri welcomed Missouri Gov. Jay Nixon to town for a ceremonial groundbreaking for the Missouri Innovation Campus along Chipman and Ward Road. The MIC is expected to serve as a global model for integrated education for years to come. The area in and around the Summit Corridor continues to be ripe for development investment. The corridor, as well as the Paragon Star project, will be featured at our LSEDC Developer’s Showcase and investor luncheon on April 6. Be sure to reserve your spot now to get important updates on new apartment, hotel and retail development along Chipman Road and near I-470 and View High Drive. In the next couple months, LSEDC expects to share some exciting announcements relating to Downtown housing and education. Stay up to date by Liking our Facebook page and Following us on Twitter. As always, if you have any questions or have companies you think would benefit from membership in the Lee’s Summit EDC, please feel free to give me a call.
Yours Truly,
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MIC Groundbreaking Brings Gov. Nixon to Lee’s Summit
Gov. Nixon joined local civic and business leaders for the groundbreaking of the Missouri Innovation Campus on March 10. The campus is putting Lee’s Summit on the map as a national model for educational innovation and is expected to open in August 2017. Special thanks to our partners Dr. Chuck Ambrose, University of Central Missouri president; Dr. Kirk Nooks, Metropolitan Community College-Longview president; Stan Elliott, Missouri Innovation Campus director; Dr. David McGehee, Lee’s Summit R-7 School District superintendent; and Elaine Metcalf, Summit Technology Academy director, as well as the City of Lee’s Summit.
Comprehensive Housing Study Shows Need For Apartments The Lee’s Summit EDC released results from its 2015 Comprehensive Housing Study, which showed a pressing need for market-rate apartments downtown, as well as single-family housing. Considering the fact that there has been zero multifamily residential construction in Downtown Lee’s Summit in more than a decade, the study is expected to serve as a catalyst for more Downtown housing investment and development. This aligns with the Downtown Masterplan report recently updated. For a copy of this study and more, visit our website at www.leesssummit.org/studies.
Lee’s Summit Economic DevelopmentJuly Council 2015 || Page Page 33
Mark Your Calendar For Developer’s Showcase April 6 Get the latest information on two exciting developments underway here in Lee’s Summit: Paragon Star and Summit Corridor. If you’ve wondered what’s going on with all the construction near Chipman and Ward roads or you are hungry for details about the city’s exciting mixed-use project tied to youth soccer, then you don’t want to miss our Developer’s Showcase/investor luncheon on April 6. Lunch gets underway at 11:30 at the Longview Mansion, 1200 SW Longview Park. Program starts promptly at noon. Last minute RSVP’s can be made by calling the office at 816.525.6617.
Speaking of Paragon Star...... The Lee’s Summit City Council voted unanimously to approve $13 million in TIF financing for the Paragon Star project, a mixed-use development anchored by a youth sports complex. The TIF approval rounded out a trio of incentives, including a TDD and CID, to help finance Paragon Star’s $212 million first phase, which includes 10 soccer fields, a hotel, apartments, office, retail and restaurant space. Construction of the project at View High Drive and I-470 is expected to begin this summer with matches kicking off in 2017.
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Welcome! New LSEDC Investors Summit Custom Homes - Leadership Partnership Fred Delibero and Jake Loveless The Lee’s Summit EDC is thrilled to thank Summit Custom Homes for its 2016 membership and investment. Summit Custom Homes was founded by Fred Delibero in 2002 and has grown to become the largest homebuilder in the Kansas City metro area. In addition to his involvement with LSEDC, Fred serves as a commissioner on the City of Lee’s Summit Planning Commission and on the board of directors for the National Association of Home Builders. Jake has been with Summit Custom Homes for more than 6 years where he has spent time in construction management, purchasing and permitting. Jake is now the Director of Business Development. Expect to see more of these guys as they look to get more involved in LSEDC.
Clark Enersen Partners - Benefactor Tom McVey Clark Enersen is an architecture and engineering firm working projects from early planning to construction. Thier work includes collegiate facilities, K-12 schools, libraries, civic buildings, corporate offices, athletic facillities, and landscape design projects such as streetscapes, parks, plazas, and recreational spaces. Tom is the Director of Business Development and comes with a background in economic development with KCADC and Shawnee Economic Development Council. We are happy to have Tom and Clark Enersen on our team!
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Investor News March 2016 Investor Renewals: Benefactor Jackson County Economic Development
Investors
Curry Investment Company Great Southern Bank
thank you! You asked....we listened!
Every 3rd Wednesday of the month we will host an Investor social from 4-6 pm at Llywelyn’s here in downtown Lee’s Summit. We encourage you to come - have a drink, enjoy the atmosphere and make new friends or potential business partners. Heck! Bring a new investor with you and we’ll buy their drink too. See you at the kick off party April 20th!
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Follow us on Social Media! We’re beefing up our social media presence! You can find us on Twitter @LSEconDevC. Please “Like” us on Facebook at Lee’s Summit Economic Development Council and be sure to tag us in your Instagram photos at LSEconDevCo. If you’ve got exciting news you want to share, reach out to Tina Chace at tchace@leessummit.org.
We reached over 500+ Likes this month!!
Save the Date ~ April 6th, 11:30 a.m. to 1:00 p.m. - Investor Luncheon Longview Mansion Featuring: A Developer’s Showcase
April 20th, 4:00 pm to 6:00 p.m. - Hump Day Happy Hour Llywelyn’s All Investor Social
May 4th, 11:30 a.m to 1:00 p.m. - Investor Luncheon Emaline Ballroom Featuring: LS Parks and Recreation with Guest Speaker, Joe Snook
May 18th, 4:00 pm to 6:00 p.m. - Hump Day Happy Hour Llywelyn’s All Investor Social
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Become an LSEDC Investor
join us, won’t you?
Primary Contact Title Company/Organization Address City/State/Zip Office Phone
Mobile
Email Website Product/Service
Annual Investment Category $10,000 Grand Champion
$2,500 Benefactors
$7,500 Pacesetters
$1,500 Patrons
$5,000 Leadership Partners
$500 Investors
$250 Individual Investor
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Please call us to learn more about becoming an EDC investor.
816.525.6617 | 218 SE Main Street, Lee’s Summit, MO 64063 | leessummit.org Lee’s Summit Economic Development Council | Page 8