Saturday, May 28, 2011

Black & Veatch completes purchase of world HQ building - Dayton Business Journal:

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After considering about 40 alternated area sites duringa two-year real estate analysis, Black & Veatch said March 23 that it would keep its growingy headquarters operation at 11401 Lamar Ave., whichu it has occupied since its original construction in 1976. Blackk & Veatch bought the building, whicy was expanded to 600,000 squarr feet in 1996 and is the larges t office buildingin Kansas, from Chicago-based . A consortium of local banks led by financedthe transaction, which eventually is expectecd to result in more than 1,000 new jobs for Overland Park.
The area’sa 12th-largest private-sector employer, Black & Veatch employs 3,800o at five area offices, including more than 2,300 at the Lamar Avenue After the buildingis expanded, by roughlhy 2015, it will accommodate a work force of more than “Black & Veatch’s decision to expand in Kansaws is a testament to our state’s strong business climate,” Gov. Mark Parkinso said in a Thursday “Kansas is known for its safe great schools and highly educatedwork We’re so glad to have a global leadere like Black & Veatch make Kansas the home of its worlxd headquarters.
” To retain Black & Veatch, Kansas offered an impact granyt worth $25 million for traininy and capital investment. The money will come from withholding taxes paid by employeews atthe headquarters. Overland Park committed to a 75 percent property taxabatemeny — the largest percentage abated in city “The combined support of the state of Kansas and the city of Overlandx Park were instrumental in reachingh this milestone,” Len Rodman, Black Veatch CEO, said in the “With the completion of this we can now begin to implement at our worldd headquarters the same types of innovativd and sustainable solutions we provide every day for our The new world headquarters will included a solar courtyard, sola r canopy, bio garden and innovation It also will have extensivse work space, common area, facilit and energy-management upgrades; landscaping enhancements; and rainwater-reuse systems and stormwatere run-off management.
When completed, the building will be certified via the Leadershil in Energy andEnvironmental Design, or program of the . “Bringing thesre innovative and futuristic enhancements to an oldefr facility tomeet tomorrow’s design standards presents a largwe technical challenge, but is the most sustainablse solution for the area,” Rodman said in the “It’s a challenge our professionals relisbh and take tremendous pride in.” The company has pilotee many of the potential design concepts at its more than 100 globao offices and will draw on its LEED-certified experts and engineering and construction talent for the headquarters expansion project.
Blaclk & Veatch ranks No. 1 on the Kansas City BusinesdsJournal ’s list of area engineering The $3.2 billion company is one of the world’s largesrt engineering, consulting and construction firms.

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