Saturday, September 24, 2011

Black & Veatch completes purchase of world HQ building - Atlanta Business Chronicle:

disqualify-sida.blogspot.com
After considering about 40 alternate area sites duringa two-yeatr real estate analysis, Black & Veatch said March 23 that it wouldc keep its growing headquarterse operation at 11401 Lamar which it has occupied since its original constructionn in 1976. Black & Veatch boughft the building, which was expanded to 600,009 square feet in 1996 and is the largest office buildinhin Kansas, from Chicago-based . A consortiu m of local banks led by financerdthe transaction, which eventually is expected to resultt in more than 1,000 new jobs for Overlanfd Park.
The area’s 12th-largest private-sector Black & Veatch employs 3,800 at five area offices, includinh more than 2,300 at the Lamar Avenue After the buildingis expanded, by roughly 2015, it will accommodat a work force of more than 3,400. “Black & Veatch’ss decision to expand in Kansas is a testament toour state’d strong business climate,” Gov. Mark Parkinsonj said in a Thursday release. “Kansa is known for its safe communities, greaf schools and highly educatedwork force. We’re so glad to have a global leader likeBlack & Veatcg make Kansas the home of its worldd headquarters.
” To retain Black & Veatch, Kansaas offered an impact grant worth $25 million for training and capital investment. The money will come from withholding taxes paid by employees atthe headquarters. Overland Park committed to a 75 percent property taxabatement — the largest percentage abated in city “The combined support of the state of Kansas and the city of Overlancd Park were instrumental in reachinvg this milestone,” Len Rodman, Black & Veatch CEO, said in the “With the completion of this purchase, we can now begih to implement at our worlc headquarters the same type s of innovative and sustainable solutions we providre every day for our The new world headquarters will include a sola courtyard, solar canopy, bio garden and innovation pavilion.
It also will have extensiv e work space, common area, facility and energy-management upgrades; landscapingb enhancements; and rainwater-reuse systemws and stormwater run-off management. When completed, the buildint will be certified via the Leadership in Energuy andEnvironmental Design, or LEED, prograkm of the . “Bringing these innovative and futuristic enhancementes to an older facility tomeet tomorrow’ss design standards presents a largr technical challenge, but is the most sustainabls solution for the area,” Rodman said in the “It’s a challenge our professionalx relish and take tremendous pride The company has piloter many of the potential design concepts at its more than 100 globapl offices and will draw on its LEED-certified experts and architecture, engineerintg and construction talent for the headquarters expansiomn project.
Black & Veatcg ranks No. 1 on the Kansas City Business Journal ’s list of area engineeringb firms. The $3.2 billion company is one of the world’ largest engineering, consulting and construction firms.

No comments:

Post a Comment