Black & Veatch completes purchase of headquarters |
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| Written by Loren Stanton | |||
| Monday, 06 July 2009 16:09 | |||
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Black & Veatch has completed purchase of its Overland Park headquarters building. The engineering, consulting and construction company announced in March that it would buy the building at 11401 Lamar Ave. as part of a long-term commitment to keeping its base of operations here. The company now plans to begin site development, enhancement and expansion plans at the site. "Black & Veatch's decision to expand in Kansas is a testament to our state's strong business climate," Gov. Mark Parkinson said. The company purchased the 600,000-square-foot building for $60 million. Tax and financing incentives are being provided by the city and the state. The package includes a 75 percent property tax abatement over the next 10 years granted by the city. "The combined support of the state of Kansas and the city of Overland Park were instrumental in reaching this milestone," said Len C. Rodman, Black & Veatch chairman, president and CEO. The new world headquarters will include a solar courtyard, solar canopy, bio garden and an innovation pavilion. There will also be extensive workspace, common area and facility upgrades, as well as energy management upgrades; enhancements in external landscaping; rainwater reuse systems and storm water run-off management. When completed, Black & Veatch's world headquarters will be LEED certified. The company currently has more than 2,300 employees at the building and a total workforce of 3,800 in the metropolitan region. Plans call for adding 250,000 square feet of office space at the campus, which could then accommodate more than 3,400 employees. Site development is planned through 2010, and building enhancements are planned for 2010 through 2012. "Overland Park knows the value Black & Veatch brings to the city, the state of Kansas and the entire metropolitan Kansas City area," Overland Park Mayor Carl Gerlach said. "Its construction plans include truly unique advancements in construction science, and a commitment to the community and environment." Black & Veatch, which has $3.2 billion in annual revenue, specializes in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets.
Contact Loren Stanton at 385-6068, or e-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
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