The site, dubbed KCI 29 Logistics Park, and will support up to 18 million square feet of Class A logistics and manufacturing space along with 20 acres of commercial mixed-use.
Acquiring the 1,300 acre site adds to the 2,000 acres already under Hunt Midwest's control.
It provides immediate access to the airport’s air cargo operations and Interstates 29 and 439 via the Mexico City Interchange.
The site has infrastructure including onsite transmission level power, a transmission waterline and a wastewater treatment plant.
Ora Reynolds, President and CEO of Hunt Midwest says: “Disruptions in the global supply chains have driven the need to store more inventory closer to the end consumer and to re-shore manufacturing back to the United States. We hope to capitalise upon these demand drivers with some big “wins” right here in Kansas City.”
Users of the KCI 29 Logistics Park will be able to reach 90% of the US population via truck in two days or overnight via airfreight.
The KCI Air Cargo operations is home to companies such as UPS, FedEx and USPS, and tenants will also be close to the manufacturers that they supply.
Tim Cowden, President and CEO of the Kansas City Area Development Council says: “With shifts in consumer demand, the need for accelerated speed-to-market is essential for companies in today’s global economy. The KCI 29 Logistics Park provides prime, vertical ready offerings and will join the more than 60 million square feet of industrial development that has been built in the Kansas City region since 2012.”