Construction of Belton Marketplace Begins
Retail site is 60 percent leased, tenants include Office Depot and Starbucks Coffee
BELTON, Mo. — Construction of the 58,000-square-foot Belton Marketplace retail development has begun along State Road 58, just west of Mullen Road in the Belton suburb of Kansas City, Mo.
Developed by the Indianapolis office of Midland Atlantic, the 11-acre retail site will contain one single-story, 40,000 square-foot main retail building, and two smaller outparcel buildings.
Construction of the $12.0 million development is slated for completion this fall. Indianapolis based Capitol Construction is the general contractor.
"The development is currently 60 percent pre-leased, with tenants including Office Depot, Hibbett Sports, Starbucks Coffee and Verizon Wireless," said Pat Boyle, broker for Midland Atlantic.
"The Belton-Raymore area has seen tremendous growth in the past few years, for both residential and retail construction," said Aaron Boyle, a principal of Midland Atlantic. "Belton Marketplace is a very desirable property, and we anticipate it will be fully occupied well before construction is complete this fall."
BELTON, Mo. — Construction of the 58,000-square-foot Belton Marketplace retail development has begun along State Road 58, just west of Mullen Road in the Belton suburb of Kansas City, Mo.
Developed by the Indianapolis office of Midland Atlantic, the 11-acre retail site will contain one single-story, 40,000 square-foot main retail building, and two smaller outparcel buildings.
Construction of the $12.0 million development is slated for completion this fall. Indianapolis based Capitol Construction is the general contractor.
"The development is currently 60 percent pre-leased, with tenants including Office Depot, Hibbett Sports, Starbucks Coffee and Verizon Wireless," said Pat Boyle, broker for Midland Atlantic.
"The Belton-Raymore area has seen tremendous growth in the past few years, for both residential and retail construction," said Aaron Boyle, a principal of Midland Atlantic. "Belton Marketplace is a very desirable property, and we anticipate it will be fully occupied well before construction is complete this fall."
