Royals-tied company buys 28-story office tower near Crown Center, future stadium site
A company tied to the Royals purchased a 28-story office building near Crown Center, the team confirmed Thursday. The Kansas City Business Journal was the first to report that the affiliate, 2345 Real Estate Holdings LLC, recently purchased the tower at 2345 Grand Blvd., alongside a four-story building in the same complex. The building is about half vacant after Lathrop GPM moved to a nearby location this year. The team would like existing tenants to stay in the building while looking for new ones, including office tenants, as the building joins what will become a broader ballpark district and “live-work-play neighborhood” centered on Crown Center and a new Royals stadium that will replace the existing Hallmark headquarters. The Royals will not be putting their future offices in 2345 Grand, but will be building offices near the future ballpark, which is expected to begin construction next year. A Royals-tied company also purchased the former Blue Cross Blue Shield building, also near Crown Center, at 2301 Main St. earlier this year. Plans for that property are to be announced.