posted Jan 6, 2011, 3:10 PM by David Dillner
Recently DD Traders, the parent company of Demdaco, has made an announcement that they have renewed the lease on a 439,493 square foot warehouse they currently occupy at 1253 Quebec Street in North Kansas City, Missouri. After looking for a potential location for a new distribution center for several months, Demdaco decided keep its distribution operations in the Paseo Industrial District, just north of the Missouri River and east of the I-35 Paseo Bridge. In response, the City of Edgerton has prepared the following statement:
"While the City of Edgerton is disappointed with this announcement, we are still optimistic with respect to logistics-related development. The market for this type of economic development activity is extremely competitive. It would be very optimistic to assume that every deal of this nature and scope would locate in the City of Edgerton. The City understands that a more reasonable capture rate of 20% will result in the full development of the Logistics Park-KC development over the next ten years.
BNSF Railway Company has made a decision to construction an intermodal facility in Edgerton and their contractors will break ground on this project later this year. The Allen Group of Kansas City will continue to seek out economic development deals that would be a good fit for the City's future development plans. We believe that the conditions are ripe for the development of the logistics industry in Edgerton and southwest Johnson County. The City will continue to work with our development partners to promote Edgerton as the location of choice for warehousing and logistics-related development."