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Something we don't see much around here.
WBJ - Wichita group launches construction on east-side Class A office building
I rode by this intersection on Tuesday after therapy in the College Hill area and wondered what was going on there. Here's my answer.
WBJ - Wichita group launches construction on east-side Class A office building
In recent years, there hasn't been much in the way of new Class A office construction that isn't owner-occupied in Wichita.
But a new local development group sees an opportunity in just that area.
Zero Point Development LLC recently broke ground on a 7,700 square-foot Class A office building on the northwest corner of Central and Webb Road in east Wichita. The building shell and common areas are expected to be wrapped by March, with interior spaces available to be built-to-suit for a single tenant or multiple tenants.
Barclay Prime Investments LLC is teaming with Zero Point on the effort. It's the first joint project for the recently created entities, both led by Bryon McNeil, an ER doctor who has previous development experience.
Christopher Arellano, a Hinkle Law Firm attorney and investor in the project, said the group believes the high-traffic intersection — across Webb from Textron Aviation's east-side campus — and the lack of non-owner-occupied new office construction in the city combine to make it an in-demand opportunity for professional office users seeking fresh space.
"We really do believe we're going to get good traction," he said.
But a new local development group sees an opportunity in just that area.
Zero Point Development LLC recently broke ground on a 7,700 square-foot Class A office building on the northwest corner of Central and Webb Road in east Wichita. The building shell and common areas are expected to be wrapped by March, with interior spaces available to be built-to-suit for a single tenant or multiple tenants.
Barclay Prime Investments LLC is teaming with Zero Point on the effort. It's the first joint project for the recently created entities, both led by Bryon McNeil, an ER doctor who has previous development experience.
Christopher Arellano, a Hinkle Law Firm attorney and investor in the project, said the group believes the high-traffic intersection — across Webb from Textron Aviation's east-side campus — and the lack of non-owner-occupied new office construction in the city combine to make it an in-demand opportunity for professional office users seeking fresh space.
"We really do believe we're going to get good traction," he said.
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