Cerner Corp., a global supplier of health care information technology solutions, services, devices and hardware, has officially launched its $4.3 billion Three Trails office campus on the site of the former Bannister Mall at at I-435 and Bannister Road in Kansas City, Missouri. Cerner closed on the acquisition of the 237-acre Three Trails property last month for a reported $44.2 million and has released plans for a new office development that, when fully built out over 10 years, would be the largest in the area, surpassing the Sprint headquarters in Overland Park. According to a Kansas City Star article, the $4.3 billion redevelopment plan that includes a $1.63 billion tax incentive package was approved by the city in October.
"We're very excited to be investing in Kansas City," Cerner president Zane Burke said. "This is creating brand new jobs for our local economy. The project will serve as the hub of innovation to improve the health care and wellness of the communities we serve."
"It was not long ago, the site for this project was the definition of blight, a mall in decline and empty parking lots," said Governor Jay Nixon. "It took a visionary company to change the destiny of this site. To say this project is a big deal is an understatement. This project is transformative and a defining moment for this region and the state."
When fully completed in 2024, the Three Trails development is expected to include 11 office buildings totaling 4.1 million square feet, a 75,000-square-foot "Cerner Kids" day care center, two data centers, a service center and 370,000 square feet of retail. Construction of Phase I of the office development is expected to begin this year and include 578,500 square feet of office space in two buildings and a service center.
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