Why implement your office in Kansas City?

Kansas City has emerged as a thriving hub for office leasing, attracting a diverse range of businesses seeking a favorable environment to establish their operations. With its central location and excellent transportation infrastructure, the city offers convenient access to major markets across the United States. Moreover, Kansas City boasts a vibrant and growing economy, supported by a robust workforce and a range of industries including finance, technology, healthcare, and manufacturing. This has led to a surge in demand for office spaces, with developers and property owners responding by offering a wide array of modern and flexible leasing options. From downtown skyscrapers to suburban business parks, Kansas City provides a variety of choices to cater to the specific needs of businesses. Additionally, the city offers a lower cost of living compared to other major metropolitan areas, making it an attractive destination for companies looking to optimize their budget while still benefiting from a vibrant business community. As a result, Kansas City continues to attract both established corporations and startups, fueling its reputation as a prime destination for office leasing.

How much does it cost to rent an office in Kansas City?

The cost of renting an office in Kansas City can vary significantly depending on various factors such as location, size, amenities, and lease terms. The average rental prices for office spaces in Kansas City can range from $18 to $30 per square foot per year.

To read: our Kansas City MarketBeat Office report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are office space rents likely to increase in Kansas City?

Office rents in Kansas City can indeed increase based on various factors. The rental market is influenced by supply and demand dynamics, economic conditions, and local market trends. If there is a high demand for office spaces and limited supply, landlords may be able to increase rental rates. Economic growth, job opportunities, and overall market conditions can also impact rental prices.

Popular neighborhoods in Kansas City

When it comes to leasing office space in Kansas City, several neighborhoods are known for their commercial districts and availability of office spaces. Here are some popular neighborhoods in Kansas City to consider for leasing office space:

• Downtown Kansas City: The downtown area is a bustling hub for business and commerce. It offers a variety of office buildings, including high-rise towers and historic structures, with convenient access to amenities, restaurants, and transportation options.
• Crossroads Arts District: Known for its vibrant arts and culture scene, the Crossroads Arts District also provides a growing number of office spaces. This neighborhood offers a mix of renovated warehouses and modern office buildings, attracting creative and tech-focused businesses.
• Westport: While primarily known for its entertainment and nightlife, Westport also features office spaces that cater to a range of businesses. It offers a mix of historic buildings and modern office complexes, with a vibrant atmosphere and proximity to dining and entertainment options.
• Plaza Area: The Country Club Plaza neighborhood, with its upscale shopping and dining district, also has office spaces available for lease. This area offers a mix of office buildings and professional spaces, along with a highly desirable location and amenities.
• Crown Center: Located near downtown, Crown Center is a mixed-use development that includes office spaces along with hotels, shops, and restaurants. It provides a convenient and well-connected location for businesses looking to lease office space.

Getting to and from Kansas City

Kansas City has a variety of transportation options for getting to and from the city. Here are some of the common methods of transportation:

• Air Travel: Kansas City is served by the Kansas City International Airport (MCI), which is located approximately 15 miles northwest of downtown. It is a major airport with numerous domestic and international flights, providing convenient access to the city.
• Driving: Kansas City has an extensive network of highways, including Interstates 70, 35, and 435, which make it easily accessible by car. It is well-connected to neighboring cities and regions, allowing for convenient road travel.
• Public Transportation: The Kansas City Area Transportation Authority (KCATA) operates a public transit system known as RideKC. It includes bus services that cover the city and surrounding areas. Additionally, the KC Streetcar provides free transportation within downtown Kansas City, connecting popular destinations.
• Rail: Kansas City is served by Amtrak, with the Kansas City Union Station being a major train station in the city. Amtrak offers passenger train services to various destinations, providing an alternative mode of transportation for travelers.
• Ride-Sharing and Taxis: Services like Uber and Lyft operate in Kansas City, offering convenient and on-demand transportation options. Traditional taxis are also available for hire throughout the city.
• Bicycling: Kansas City has an expanding network of bike lanes and trails, making it bicycle-friendly. Bike-sharing programs, such as RideKC Bike, offer rental options for exploring the city on two wheels.