BRIEF: Innovation park has new developer

Tue. October 20, 2009; Posted: 04:16 AM

Oct 20, 2009 (The Kansas City Star - McClatchy-Tribune Information Services via COMTEX) -- TCC | Quote | Chart | News | PowerRating -- MC Realty has been hired to help develop the proposed Missouri Innovation Park, a 500-acre bioscience research campus planned for Blue Springs.

The Kansas City firm replaces Trammell Crow Co., which left the venture in August. MC Realty will help complete a master plan for the site near Adams Dairy Parkway and Interstate 70 and market it to prospective investors and tenants.

Vince Dasta is president of MC Realty. Dave Lovetere will be the project executive.

The Missouri Innovation Park was announced last year, and the University of Missouri has a memorandum of understanding with Blue Springs Growth Initiative to participate.

It is intended to mirror a similar effort on the Kansas side of the area, a research park in Olathe that has Kansas State University as a partner.

The slowdown in the economy, however, prompted Trammell Crow to leave the Missouri-side deal. Blue Springs officials believe MC Realty is equipped to keep the proposal on track.

"The MC Realty team through Vince provides invaluable experience in pulling disparate finance and development tools together to make deals happen," Mayor Carson Ross of Blue Springs said in a statement.

To reach Kevin Collison, call 816-234-4289 or send e-mail to kcollison@kcstar.com.

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