Ryan Companies has formed a joint venture with Namdar Realty Group and Mason Asset Management, which announced the financial land closing and start of construction of a 160,000-square-foot speculative industrial facility at Pullman Crossings.

This project comes just five months after the groundbreaking of another 170,000-square-foot speculative industrial facility and marks the final phase of Pullman Crossings, a 50-acre industrial park within Pullman Park, a 180-acre, mixed-use development being developed by Chicago Neighborhood Initiatives (CNI).

“The final phase of Pullman Crossings represents an exciting next step in the continued growth of the South Side,” said Kyle Schott, vice president of real estate development at Ryan Companies. The 10-acre site for the new facility is located in the historic Pullman neighborhood at 10800 S Doty.

Ryan is developing and building the facility with construction financing provided by Bankers Trust. The final phase of Pullman Crossings is expected to be completed by August 2025.

The St. Michael’s Veterans Center, together with Kansas City leaders and community members, broke ground on the final phase of a new housing development for military veterans.

The St. Michael’s Veterans Center’s affordable and permanent housing is geared toward veterans experiencing homelessness or living with a disability. The next phase will include 62 new apartment homes and is expected to open in late 2025.

“We were honored to gather together our public and private partners and the SMVC community to break ground as construction begins,” said St. Michael’s on its website. The project team included U.S. Bank, UMB Bank, Federal Home Loan Bank of Des Moines, Land Clearance for Redevelopment Authority, the Housing Authority of Kansas City, Rosemann & Associates, and Yarco Property Management.