$10.7 million in state tax credits is helping the cause with the clean up and development where the former mall was located. As the article reads this appears to be a major development to include day care for employees, fitness centers and perhaps even a new big data center. A hotel and other retail centers might all be located in the development.
1.6 million square feet of office space and 1.2 million square feet of retail are planned for the development along with several new jobs with Cerner and other occupants. BD
KANSAS CITY, Mo. (AP) — Kansas City officials are praising a plan by medical records software maker Cerner Corp. to build an office park on a 236-acre site formerly occupied by a massive shopping center.
Highly visible on a hilltop along Interstate 435 in southern Kansas City, the vacant lot has been considered an embarrassment by many city leaders since Bannister Mall was demolished in 2009. It was a victim of competition from other shopping centers and fear of crime in the area.
Cerner recently reported a second-quarter profits of $112.9 million on revenues of $707.6 million. The company projects its 2013 revenue to total between $2.95 billion and $3.05 billion.
The health care information technology company has products licensed by about 10,000 hospitals, doctors' offices, medical laboratories, ambulatory centers, pharmacies and other facilities in the United States and abroad.