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Retail | AREA Real Estate Advisors

03.30 2022

Cycle City Now Open in The River Market

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Cycle City’s second location is now open in the River Market’s historic Water Building at 201 Main Street. The full-service bike shop’s nearly 5,000 SF space on the main floor of the building includes both a retail shop and servicing space. The retail shop offers bikes for all levels including road, mountain and gravel bikes along with clothing, accessories and snacks.

Cycle City’s popular bike shop has been open in Parkville, MO for 18 years. This second location will fill a void in the booming downtown/River Market area. Owner Joe Fox chose the location for this reason as well as the traffic from adjacent trails and the neighborhood spirit. “I like the River Market because of our possibility of having a very successful shop in downtown Kansas City,” he said. “I love the neighborhood feel, particularly on Second Street, with the apartments and condos.”

They plan to capitalize on this neighborhood feel with River Bluff Brewing, who is also located in the Water Building. Group rides as well as free drink tokens while you wait for your bike to be serviced are a few of the ideas they have for partnering with the microbrewery.

The Kansas City Water Works building was constructed in 1905. The main floor was designed to house the following: a stable with stalls for forty horses, space for thirty-five buggies and wagons, a harness room, wash rooms and a furnace room which supplies steam heat for the building. The second floor was designed for offices of the Superintendents of Pipe Lines and the Meter Department. Also located on this floor were the blacksmith shop, wagon repair shop and a large storage room for hay. The building was renovated in 2003 and purchased in 2020 for new retail and office.

AREA’s Tommy McNeese and Tim Schaffer fully leased the Water Building last year.

For CityScene’s articles on Cycle City and The Water Building, click here and here.

Follow Cycle City on Facebook & Instagram for future events and shop info!

12.21 2021

Store Number Three for EB!

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EB&Co is making its way into the Johnson County market. Emily will open her third location in Leawood’s Hawthorne Plaza, located off 135th and Roe. Her current stores operate in Brookside and on the Country Club Plaza, with a popup store at Zona Rosa. Construction is underway on the 1,000+ square foot store, her largest store yet, and is hoping for an April opening.

“People have been asking for a store (in Kansas) for so long. … When I think of shopping out south, that’s where my mind goes,” founder Emily Bordner said of the intersection near Hawthorne Plaza. “I’m so excited to see it come to life.”

EB&Co is a modern accessories brand and fashion boutique. Emily curates and creates pieces that are trendy, unique and perfect for yourself or as a gift. This new location gives the retailer room to experiment with new product offerings in the décor and self-care categories, she said.

Follow EB&Co on Instagram and Facebook for more updates.

AREA’s Tiffany Ruzicka represented the tenant in this transaction.

Click here for Kansas City Business Journal’s article on the Leawood store.

10.06 2021

Crestwood Shops Celebrates 100 Years!

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Long before strip malls were popular, Crestwood Shops was built as a one-stop shopping strip.  In 1921, J.C. Nichols opened his first neighborhood shopping center.  Kansas City was rapidly expanding, with one of its newest subdivisions being Crestwood.  The area that was previously just pasture and land was developed into the shopping strip with the classic American colonial style in mind.  The original stores were at the west end of the property on 55th & Brookside Blvd (Aixois) and within a few years the remaining storefronts opened along 55th Street east to Oak Street.

Crestwood was known to be easily accessible via the Streetcar line, as well as parking right in front of the stores.  Through the years, the shops have had a tremendous variety of businesses, including restaurants, bookstores, gift shops, clothing boutiques, a music school, cold storage lockers, to name a few.  Individually and locally owned is the standard for the center, and they have never deviated from it.

To celebrate the shops centennial, the store owners will be going back in time to the roaring 20s for three days of nonstop shopping and fun!

Thursday, October 7th
– 5PM – 8 PM Roaring 20s themed block party, live entertainment with extended shop hours

Friday, October 8th
– Normal shop hours from 10 AM – 5 PM with each shop having 1920s demonstrations
– 11 AM & 3 PM – William Worley will speak on the history of Crestwood

Saturday, October 9th
– Street Festival! 55th Street will be shut down to accommodate food trucks, vendors, Guadalupe dancers and a Jazz trio. KC Pet Project will be on site with pet adoptions and retail throughout the day.

AREA’s Property Management team manages the shopping strip.

10.04 2021

Flip’d Makes Big National Debut in Kansas City Market

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Flip’d, by IHOP, debuts its first location in the nation in Lawrence, Kansas. The fast-casual restaurant opened this week in the old Zaxby’s building on West 6th Street.

The breakfast restaurant is considered a more convenient concept of IHOP with a twist. The breakfast menu includes a “Build your Own Pancake Bar”, breakfast bowls, breakfast sandwiches and pancake bowls (four buttermilk pancakes, any flavor of your choosing, with options to mix and match 15 different toppings. A P.M. menu for the lunch and dinner customers can grab sandwiches, wraps and grab-and-go salads.

Along with a different and unique menu from IHOP, the customer has the option to order from a digital kiosk, pick-up or delivery, as well as a drive-thru option. The 3,500 SF location includes seating for up to 55 people. Its second location is planned for end of Q3 2021 in New York City.

AREA represented Flip’d on this transaction.

For more information on Flip’d, here is an article from Nation’s Restaurant News.

09.28 2021

Big Changes at Zona Rosa

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Renovations are complete at Zona Rosa in Kansas City! Improvements included two new green space areas, upgraded building facades, improved landscaping, public art and additional walkways throughout the development.

A building was torn down to create North Park, a new community green space featuring outdoor seating, lawn games, and event activities. This is home to The Rink at Zona Rosa, an outdoor ice skating rink for skating, hockey and curling during the winter.

The former Town Square has been renamed Central Park and offers more green space with a new splash park, kids playscape, covered outdoor seating and an event stage for festivals and live music.

“These upgrades have significantly impacted the overall Zona Rosa experience,” said Scott Zigler, Zona Rosa’s General Manager. “Now, visitors enjoy a multi-faceted experience filled with a new sense of place, in addition to a wide variety of available retail offerings.”

54th Street Grill is also be expanding to include an outdoor recreational area with sport courts, outdoor seating, fire pits and live music.

For Zona Rosa leasing information, click here.