Rule of thumb for space needs per employee is 125 to 225 square feet which means W&R would need at least 200K square feet. With 20,000 sq foot floor plates that's 10 levels. I wouldn't think they'd build 40 stories because that would give 600K sf of space to lease outside of their space. Now, most office building spec projects would require about 30-35% prelease to finance so W&R needs to find a few tenants, which may already be onboard if the project gets the green light. I'm thinking KC will see something between the HR Block tower and City Center, 25 stories, 500K square feet, which is about what 1201 Walnut is. Maybe that 25 stories is on a 3 or 4 story podium of parking, so a 28-30 story project is in order. IF they take that entire lot north of Sprint, you might also see an apartment element elsewhere on that block or a hotel, with it's proximity to Sprint, maybe with the hotel/apartment on the south end and W&R on the north end. People at The Grand will lose their views but oh well. To compare, Stinson has 160,000 sf and 8 floors of 1201 but half as many employees, which makes sense, lawyers all like their own office space. So, the twisty thingy at 12 & Grand by Copaken is a good bet to happen, but probably not twisty.
__________________
We met at Starbucks. Not at the same Starbucks but we saw each other at different Starbucks across the street from each other.
Last edited by ThrashATL; Oct 23, 2019 at 1:15 PM.
|
Prev
Linear Mode
