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Leawood | AREA Real Estate Advisors

PLATE to Open Second Restaurant at Park Place

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Local culinary favorite, Plate Restaurant is expanding its footprint with a second location in Fall 2021. The new restaurant will occupy the 5,972 SF former California Pizza Kitchen space at 11655 Ash Street in Park Place.

The modern Italian eatery, created by local restauranteur Christian Joseph in 2014, features an award-winning dining experience. Menu items include homemade pizza, pasta, focaccia and other regional favorites prepared daily in the scratch kitchen.

“For us, it is truly all about hospitality and the guest experience,” says Joseph. “When we realized we needed a second location to cater to our burgeoning customer base, we knew that Park Place in Leawood was ideal for our first expansion. We are thrilled to be able to bring our next-level dining experience to this location.”

Plate is currently located in Brookside at 701 E 63rd Street, which is a relocation after their original restaurant was destroyed by a fire in 2017. The restaurant currently serves lunch, happy hour, dinner and weekend brunch with indoor and outdoor seating.

Park Place Village is a 483,984 square foot mixed-use property made up of 10-building complex’s that offers a variety of amenities including boutique shops, upscale restaurants and cafés. The surrounding area features the Aloft Hotel, 120 apartments, 30 townhouses and 27 lofts.

AREA Real Estate Advisors handled the real estate transaction on behalf of Plate. Retail agent, Rich DuVall said “Park Place is the ideal location for this restaurant’s loyal customer base. There is a need for the taste of central Italy, especially their traditional pizzas, in Leawood, and there’s no better location for that than the top-quality office and retail property that Park Place has always been.”

Click here for the Kansas City Star’s article on Plate.

Click here for the Kansas City Business Journal article.

The Largest Bank in the U.S. Comes to Kansas City

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Extra, extra, read all about it! JPMorgan Chase Bank, the largest bank in the United States, announced they will be opening two locations in the Kansas City area. While the bank has had a presence in Kansas City with their middle-market banking team, they have never operated a full retail branch in the area. One of the two inaugural locations will be at the former Dean & Deluca building at 4700 W 119th Street (listed by AREA). The former Dean & Deluca building, a prime outparcel adjacent to Town Center Plaza hit the market less than a year ago.

“We had a lot of interest from premier retailers due to its high-profile location,” AREA’s Scott Miller said. “Everything from restaurants to service retailers and soft goods retailers looked at the space. Ultimately the best fit for everybody ended up being JPMorgan Chase.”  This is just the beginning of Chase’s expansion into the market. Another location will open at 7701 State Line Road, with an estimated 15 more branches to come to the area.  This is a major bonus to the market, as this only creates more jobs for our residents and better access to credit.

Scott Miller and Adam Blue were the agents on the lease transaction. To read more on the transaction in the Kansas City Business Journal and MetroWire Media, click here and here.