OFFICIAL: H&R Block HQ

[beautyfromashes]

^^ Yes, agree with this. The Light towers are nice but I really wouldn’t call them”luxury” in any normal city sense. Drawing this ultra-high end resident is about more than status as a city. It brings jobs. I think this is one reason for the Royals wanting to relocate downtown. I think I saw that the Shermans have a 3L rental.

[moderne]

People with wealth in KC that want high rise living have traditionally lived on the Plaza in condominiums, not rental. I have thought tearing down the Quality Hill tower next to the River Club and replacing it with a very high end condominium might appeal to those wanting exclusivity.

[herrfrank]

*The Bloch brothers are both dead. Richard died a long time ago, the trustees of his wife Annette (also deceased) are selling the fancy apartment on the Plaza. They mostly lived in the Palm Springs area, and I assume their heirs will continue there.

Henry's wife pre-deceased him. He continued to live on Wenonga Terrace in Mission Hills until his death about 5 years ago. His heirs also live in Mission Hills.

The company will likely remain in Kansas City, because it has multiple lines of business and many local executives.

[UMKCroo]

Slightly off-topic, but St. Louis peeps, what's the story here:

https://twitter.com/unusual_whales/stat ... 5613439455

[Chris Stritzel]

Slightly off-topic, but St. Louis peeps, what's the story here:

https://twitter.com/unusual_whales/stat ... 5613439455

In short, SomeraRoad bought it previously. Worked on a redevelopment plan with Advantes Group (a small local developer). Ended up getting incentives lined up for a mixed-use development. Clock apparently ran out. Building went up for auction again. No takers. Went up again, sold to a smaller northeastern firm. God knows what happens next.

The building’s large floor plates mean apartments will be long and narrow. Office space has zero demand in downtown St. Louis. AT&T Tower is the hardest building to redevelop in Downtown St. Louis. Railway Exchange might be a block size, but it’s easier to redevelopment that time comes.

[bspecht]

H&R Block's open floors are explained, at least in part, by its hybrid workplace model. The company in March 2021 announced a mandate for corporate employees to work in-person three days a week. However, its executive team later reversed course after staff voiced a preference for remote work. H&R Block's teams now set their own office attendance requirements

https://www.bizjournals.com/kansascity/ ... place.html