![Downtown Kansas City, MS](/sites/default/files/2024-07/Kansas%20City%2C%20MS%20-%20Stock%20-%203X1.webp)
Parkway Announces Acquisition of Kansas City Property
![Downtown Kansas City, Missouri](/sites/default/files/styles/webp/public/2024-07/Kansas%20City%2C%20MS%20-%20Stock%20-%207X4.webp?itok=Cif42vAk)
Parkway Announces Acquisition of Kansas City Property
Parkway is pleased to announce the acquisition of a 69-space surface lot in Downtown Kansas City. This lot is directly across the street from the Kansas City Convention Center, Bartle Hall, Municipal Auditorium, Crowne Plaza Kansas City Downtown, and Barney Allis Plaza. It is also located near the Power & Light District, T-Mobile Center, Loews Kansas City, and the Kauffman Center for Performing Arts.
A Parkway affiliate, Parkway U.S. Land Carry Fund I, LP, completed the acquisition. This acquisition is the Fund's ninth purchase as part of its national strategy. Parkway plans to embark on a capital improvement plan that will elevate the property to a best-in-class parking facility.
We continue to look for surface parking acquisitions across the country.