I-35/119th St. Technology Park

The I-35/119th St. Technology Park offers the best combination of quality, functionality, value and flexibility available in the Kansas City metropolitan area. The buildings in the Technology Park are designed to accommodate large floor-plate office, high-tech, data-center and call-center uses with heavy parking needs. The buildings are distinctive appearance with natural daylighting from skylights and clerestory windows, spacious Japanese-style patio areas and landscaping featuring 12 different species of bamboo. The Technology Park benefits from ten year 50-55% property tax abatements from the City of Olathe, KS.

Building Three, a two-story 145,836 sq. ft. office and data center building, is the newest building in the I-35/119th St. Technology Park. The project was a build-to-suit for the Farmers Group. Special features included a raised-floor system throughout the building, redundant power and fiber optic telecommunications services, a 400 space parking garage and lush landscaping. Farmers began occupying the building in April 2006. Huber Construction Co. and Jonkman Construction Co. were the general contractor and special construction consultant for the project. PGAV and Rees, Masilionis, Turley were the architects for the project and for the I-35/119th St. Technology Park.

Building Four will complete the development of the I-35/119th St. Technology Park. With its innovative curved front design, the 130,000 sq. ft., four story office building will be the premier office building in Olathe and a landmark structure. The building will have state-of-the-art raised floor systems to provide tenants with enormous flexibility for configuring offices, data, telecommunications, electrical wiring and HVAC systems. Construction of Building Four will begin in Spring 2007.

Karbank Development Co. is pleased to announce the establishment of the KCI Airport Technology Park on a 80-acre site at the NE corner of 112th & Ambassador Dr. in Kansas City, MO. The site is located one block east of the Interstate 29 / 112th St. interchange, immediately south of the main entrance to the Kansas City International (KCI) Airport from I-29. The Technology Park also has excellent access to the Kansas City area loop Interstate 435/ Ambassador Dr. interchange, located three blocks to the north.

The KCI Airport Technology Park, when fully completed, will contain 7-8 buildings totaling approximately 900,000 sq.ft. of large floor-plate office, high-tech, data-center, call-center and distribution space. In addition to its excellent highway access, the Technology Park will be notable for its attractive, efficient and innovative "green" building design, ample parking, lush landscaping, and on-site power generation to reduce tenant's occupancy costs. The property is also located within the Kansas City Enterprise Zone, which provides companies with 10 year, 50% property tax abatement, as well as worker training and capital improvements tax credits.

The KCI Airport Technology Park will offer the same combination of high-quality, functionality, flexibility and value that characterizes Karbank Development Co.'s I-35/119th St. Technology Park in Olathe, KS. The rapid population, housing and retail growth in recent years in Kansas City's Northland area has created the critical mass that is leading to the industrial, R&D and office growth that has characterized development near airports in other major cities. The Technology Park will be a tremendous asset to Kansas City's Northland and KCI Airport area. Construction at the KCI Airport Technology Park will begin in Fall 2006.