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Kansas City Chiefs-Hunt Midwest mixed-use districts joint venture

Kansas City Chiefs and Hunt Midwest to create real estate development joint venture

Image: Kansas City Chiefs and MANICA

The National Football League (NFL) team Kansas City Chiefs and the real estate development company Hunt Midwest are launching Two-Point Development, a joint real estate venture that will help shape vibrant, mixed-use districts around the franchise’s new stadium in Kansas City, Kansas (US), and new headquarters and training facility in Olathe, Kansas.

‘chiefs.com’ stated that the long-term strategic partnership will ensure that both developments create premier, year-round sports and entertainment destinations that will spur the regional economic activity, attract new investment, create new jobs, celebrate youth and amateur sports, and build new community hubs for the residents, the visitors and the fans.

The Kansas City Chiefs are a professional American football team based in Kansas City, Missouri (US). The Chiefs compete in the National Football League (NFL) as a Member of the American Football Conference (AFC) West Division.

The 76,416-seat Arrowhead Stadium is an American football stadium in Kansas City, Missouri, United States. It serves as the home venue of the NFL team Kansas City Chiefs.

The Kansas City Chiefs plan to leave the Arrowhead Stadium and move to a new $3 billion, 70,000-seat domed stadium in Wyandotte County, Kansas (US) targeted to open in 2031. The project includes a translucent fixed roof designed to amplify the crowd noise, a layout inspired by the Arrowhead Stadium, massive tailgating spaces, and the surrounding mixed-use entertainment districts.

Hunt Midwest is a Kansas City-based, privately-held real estate development company with six decades of expertise in industrial, self-storage, residential, multifamily, and senior living communities with more than $3 billion of developed projects in multiple geographic markets. Hunt Midwest leverages its reputation, resources and relationships to create successful real estate solutions.
 

Transforming Footprint

Commented Clark Hunt, Kansas City Chiefs Chairman and Head Honcho, “This is a monumental day for our family as the Kansas City Chiefs and the Hunt Midwest form a new business partnership. My father was a visionary who believed in the future of Kansas City and spent decades investing in the business community of this region. Today we are so proud that his football franchise and his real estate company are joining forces to drive transformational real estate developments around the Kansas City Chiefs future stadium and training facility. This partnership will create two dynamic districts provide memorable experiences for the residents and the visitors, spur meaningful economic growth and fundamentally transform the footprint of the Kansas City Metro area. We are proud of this joint venture and excited to get to work making this vision a reality.”
 

Two-Point Development Partnership

The Two-Point Development partnership will be the master developer for the design and development of both the districts thus overseeing the world-class architects, the engineers, the land planners, and the general contractors that will bring the vibrant districts to life.
 

Community Connections

‘chiefs.com’ further stated that with more than six decades of experience in real estate development, including the award-winning mixed-use projects, the Hunt Midwest offers the expertise to deliver transformative developments that will create meaningful benefits for the residents, the business community and the Kansas City region. As partners, the Kansas City Chiefs bring a deep understanding of fan engagement, the guest services, the entertainment programming, the event operations, and the longstanding community connections.
 

Connected Experience

In Wyandotte County (County in Kansas) the two entities will create a transformational destination that extends far beyond the new world-class Home of the Chiefs on gamedays. The development will blend entertainment, hospitality, retail, residential, and the public gathering spaces into a connected year-round experience that will unlock new opportunities for economic growth, community engagement and regional investment in the Kansas City, Kansas area.
 

Live-work-play

In Olathe (city in Kansas), the club’s future headquarters and practice facility will be the centerpiece of a vibrant, mixed-use environment that seamlessly brings football, community and entertainment together. The vision is to create a setting where the locals can live, work and play while the visitors find connected, experience-driven public gathering spaces.
 

NFL Rulebook

With both organizations founded by Lamar Hunt (the visionary founder and original owner of the Kansas City Chiefs franchise) and stewarding the Hunt family legacy the Two-Point Development name is inspired by Lamar Hunt’s innovative vision for including the exciting two-point conversion in professional football. With the thrilling post-touchdown two-point play a staple in college football in the 1950s, Lamar Hunt’s American Football League adopted the two-point conversion when it began play in 1960. After the AFL and the NFL merged in 1970 the play disappeared from the professional game until 1994, when, at Lamar’s urging, it was officially adopted into the NFL rulebook.
 

Groundbreaking Partnership

The Chiefs stadium and the training facility projects are part of a groundbreaking partnership with support from the State of Kansas, the Kansas Department of Commerce, the Unified Government of Wyandotte County and Kansas City, Kansas, the City of Olathe, and Johnson County.

The American Football League (AFL) was a major professional American football league that operated for 10 seasons from 1960 until 1970 when it merged with the older National Football League (NFL) and became that league’s American Football Conference (AFC).

New York (US)-based the National Football League (NFL) is a professional American football league in the United States. Composed of 32 teams it is divided equally between the American Football Conference (AFC) and the National Football Conference (NFC). The NFL is one of the major professional sports leagues in the United States and Canada and the highest professional level of American football in the world.

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