Johnson County, Edison Spaces
For years, downtowns were the cool place to be. Companies moved their offices to attract urban-minded millennials. Development continues in Kansas City’s downtown, but Johnson County hasn’t conceded. In fact, growth is strong in its office market. In the fourth quarter of 2018, 61 percent of multitenant buildings under construction were in Johnson County, accounting for 383,797 square feet, according to a report from global commercial real estate firm CBRE. In…
meyer music band of angels
Meyer Music was founded more than 50 years ago by two educators, Ted and Betty Meyer, who believed that music education is critical to a child’s development. Today, the company’s three locations offer private music lessons and instrument sales or rentals for musically inclined students. As school districts have cut arts funding, Meyer Music saw an opportunity to step in. In partnership with Fox4 News, it collects monetary donations and…
go places think bigger 25 under 25
A new cohort of outstanding Kansas City-area small businesses has been selected as the 2019 class of 25 Under 25 Small Business Award honorees. The selected companies embody this year’s event theme, “Go Places. Think Bigger.” Some are growing and moving into new, larger headquarters. One honoree, Mi Rancho Tequila, just signed an international distribution agreement. The cohort includes businesses all over the KC metro, from Tonganoxie to Blue Springs….
capital squeeze
Veteran-owned small businesses face more financing challenges compared with nonveterans. “Financing Their Future: Veteran Entrepreneurs and Capital Access” was created by the Federal Reserve Bank of New York and the U.S. Small Business Administration. Among the report’s findings: Despite similar demand for financing, veteran-owned small business applicants were more likely than non-veteran-owned small business applicants to experience “financing shortfalls,” where they received less than the amount of credit they sought….
100 dollar bills
The U.S. Small Business Administration Kansas City District Office saw increases in small business lending in the fiscal year that ended Sept. 30. The SBA Kansas City District Office oversaw $363 million in SBA loans for fiscal year 2018, a 10 percent increase in lending over the previous year. U.S. Bank made 69 SBA loans, more than any other lender. OakStar Bank loaned the greatest dollar volume at $38 million….