Friday, September 7, 2012

Black & Veatch completes purchase of world HQ building - Puget Sound Business Journal (Seattle):

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After considering about 40 alternate area sites duringha two-year real estate analysis, Black Veatch said March 23 that it woulf keep its growing headquarters operation at 11401 Lamat Ave., which it has occupied since its original constructioj in 1976. Black & Veatch bought the which was expandedto 600,000 square feet in 1996 and is the largest office building in Kansas, from Chicago-basefd .
A consortium of local banksz led by financedthe transaction, which eventually is expectef to result in more than 1,00 0 new jobs for Overland The area’s 12th-largest private-sector employer, Black & Veatch employds 3,800 at five area offices, including more than 2,300 at the Lamaer Avenue headquarters. After the building is expanded, by roughly it will accommodate a work force of morethan “Black & Veatch’s decision to expand in Kansas is a testament to our state’sx strong business climate,” Gov. Mark Parkinson said in a Thursday “Kansas is known for its safe communities, great schools and highly educatedfwork force.
We’re so glad to have a global leader likeBlack & Veatch make Kansas the home of its worls headquarters.” To retain Black & Veatch, Kansaes offered an impact gran worth $25 million for training and capitalk investment. The money will come from withholding taxes paid by employee atthe headquarters. Overland Park committed to a 75 percent property taxabatement — the largest percentage abatedd in city history.
“The combinec support of the state of Kansaz and the city of Overlandf Park were instrumental in reachingthis milestone,” Len Rodman, Black & Veatch CEO, said in the “With the completion of this we can now begin to implement at our worlcd headquarters the same types of innovative and sustainabl e solutions we provide every day for our The new world headquarteres will include a solar solar canopy, bio garden and innovatio n pavilion. It also will have extensivre work space, common area, facilityy and energy-management upgrades; landscaping enhancements; and rainwater-reuses systems and stormwater run-off management.
When completed, the buildinfg will be certified via the Leadershiop in Energy and Environmental or LEED, program of the . “Bringinfg these innovative and futuristic enhancements to an older facility tomeet tomorrow’ss design standards presents a larges technical challenge, but is the most sustainable solutionn for the area,” Rodmamn said in the release. “It’s a challenge our professionalas relish and take tremendous pride The company has piloterd many of the potential design conceptz at its more than 100 globalk offices and will draw onits LEED-certifiex experts and architecture, engineering and construction talent for the headquartersx expansion project.
Black & Veatch ranks No. 1 on the Kansas City BusineszsJournal ’s list of area engineering The $3.2 billion company is one of the world’s largest engineering, consulting and construction firms.

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