Commercial real estate developer Scannell Properties has launched the first phase of the Compass 70 Logistics development in Bonner Springs, Kan.
The $100 million industrial development will be situated on 157 acres and could include three buildings, totaling 2 million square feet, once completed.
This is Scannell Properties’ third major development project to launch in the Kansas City area in the last 12 months.
“This location is perfect as a manufacturing and logistics hub, with easy access from I-70 and convenient proximity to the Legends retail area,” said Tim Elam, managing director at Scannell Properties. “We’re so impressed with the Kansas City area as a whole and are excited to bring more economic opportunity to the area with this third significant project.”