“Re-Groundbreaking” for Major Revision at Former Barry Towne
Officials recently gathered to hold a “re-groundbreaking” kicking off a major renaissance for the former Barry Towne Center near Highway 169 and Barry Road. Above, Kansas City Second District Councilman Dan Fowler (center) joined Biff McGuire (left), CEO of United Development Company, and Tim Hughes, president and CEO, Falcon Realty Advisors. Below, officials braved rain showers to officially commence the project.
Area leaders who recently helped break ground for the new Twin Creeks Center were (from left) Tom O’Leary, Sunny Sajnani, John Wooten, Jim Hampton, Tim Hughes, Biff McGuire, Garry Hayes, Andrew Danner, Wade Strain and Chris Hafner.
Renamed Twin Creeks, the center will receive a major facelift and two new junior anchor tenants along with room for office, hotel, multi-family and medical development.
Earlier this year, two Texas firms, United Development Company and Falcon Realty Advisors, purchased the center. Lane4 Property Group of Kansas City is assisting the project and the previous owner MD Management will remain involved.
Anchored by Target, Kohl’s and Babies ’R Us, the 273,000-square-foot retail center will focus on serving a growing area, in the heart of the Northland and served by a major highway network. The center is also near the new Twin Creeks area, a major Kansas City region now open because of a $43 million sewer project. Up to 70,000 new residents are expected to locate there over the next several years.
The new owners plan to invest $15 million to upgrade Twin Creeks, which includes 16 acres, and an additional $30 million developing an adjacent 13 acres to the east. That expansion will add approximately 200,000 square feet of anchor space and pad sites for new national retailers.