LANE4 Property Group

The Trails

LANE4 Property Group began work on this project in 2007. At the time, the property included the largely vacant and distressed Bannister Mall and surrounding properties. Located in Southeast Kansas City, Missouri near the confluence of I-435, I-470 and I-49, LANE4 and the ownership group were excited about the future potential of this large infill property. LANE4 went to work spearheading the assemblage and marketing of the property. Potential uses of the property ranged from a soccer stadium complex to a power retail center. LANE4 also teamed with the ownership and their legal team and pursued a Tax Incremental Financing District and other incentives with governmental entities to help make future development possible. In 2009 the mall was demolished as LANE4 continued to market the property to an array of different users through the recession. In late 2013, efforts were rewarded when the property was sold to Kansas City-based Cerner Corporation who plans to construct a phased 4.7 million square foot campus that is expected to ultimately employ 16,000 of their associates. Construction of the first phase of the Cerner office development is currently under construction. TheĀ redevelopment of the mall property is the largest project in Missouri state history in terms of capital investment andĀ number of jobs created by a single project.