The City of Overland Park has approved the final development plans for our 95Metcalf South project. The final plan calls for a proposed 165,000 SF Lowe’s Home Improvement store along with 13 additional retail and restaurant buildings to be built in various phases.
This action represents the final step in our City approval process for the project. Moving forward we have a few additional hurdles to clear including Lowe’s and others finalizing their due diligence, finalizing various development agreements, and completing other related documents that are common in developments like this. When all these things are completed and we have a more certain time for development, we will be sure to make further announcements.
We thank you all for your continued support and look forward to the next stage of development at 95Metcalf South.
On November 14, the Overland Park Planning Commission voted unanimously to approve our final development plan for the southeast corner of 95th and Metcalf. This is the site of the existing Metcalf South Mall, but does not include the Sears store which is under different ownership.
The plan contemplates a Lowe’s Home Improvement store and pad sites for restaurants and retailers. The final development plan is scheduled to go before the City Council for final approval on December 5, 2016.
We continue to work hard on different possibilities for the northeast corner of the intersection (where the former Kmart stands), and hope to report progress on this portion of the project next year.
The Overland Park City Council voted unanimously last week to approve our Preliminary Development Plan for 95Metcalf South. We thank everyone who has shown their support, and are eager to continue bringing this project to fruition.
We are getting to work immediately on the last step in the approval process—the Final Development Plan—which will hopefully be approved before the end of the year. Once the approval process is wrapped up, we are excited to get to work on demolition of the mall and construction of the new project.