Ingram's July 2026

IN THE NEWS

Tidbits of Business News from Around the Region

MISSOURI BUCHANAN COUNTY Sales-Tax Initiative

for middle-market clients. Nolan & Associates, which specializes in sell-side, buy-side, and capital-raise advisory, will operate as a wholly owned subsidiary, with plans to retain all staff and maintain St. Louis-area offices to ensure continuity. Financial terms of the transaction were not disclosed. Plaza Incentives Request Country Club Plaza owner Gillon Property Group has returned to Port KC with a revised incentive proposal Correspondent News Updates from the Capital cities

supporting its planned $1.5 billion rede velopment of the city’s iconic shopping district. The package would provide prop erty-tax relief over 30 years, with the Plaza making fixed annual payments to affected taxing jurisdictions. Those payments, together with additional revenue expected from new development, are projected to generate roughly $281 million during the incentive period. The revised plan follows months of negotiations and objections from Kansas City Public Schools and other taxing entities concerned about long-term revenue losses.

Leaders from area child-advocacy groups are pushing a quarter-cent sales tax for a dedicated Children’s Services Fund to support local children and youth up to age 19. Comprising Voices of Courage, Noyes Home for Children, and the YWCA, members have decided to place the measure on the November ballot after consulting with health, education, and service organizations in May. Only 11 of Missouri’s 114 counties have approved such taxes, which collectively generate about $145 million yearly. Committee leaders say early intervention is critical to raising healthier, more productive children, despite the county’s existing tax burden. One down, 10 to go: Oracle plans to lease a 42,653-square-foot building on its former Cerner world headquarters campus to NKC Health, marking the first major tenant activity since announcing it would close the site back in 2022. The North Kansas City Planning Commission is reviewing an amended site plan to convert the standard space into medical offices and outpatient clinics at one of the 11 buildings on the campus. Under the proposal, the facility will host physician offices and ambulatory services, including physical, occupational, and speech therapy. This agreement breathes new life into the vacant 100-acre tech campus following Oracle’s workforce consolidation to south Kansas City. CLAY COUNTY Cerner Campus Tenant

Washington | Commerce Targets KC for Tech Funding The U.S. Department of Commerce announced this month that the Economic Development Administration will award $169 million across six selected Tech Hubs–including one in Kansas City–to advance U.S. leadership in industries essential to our economic competitiveness and national security. These projects are part of EDA’s Regional Technology and Innovation Hubs program, which serves as a key investment in this Administration’s America First agenda, investing in regions with the talent and assets to become global leaders in the critical technologies of the future. Among them is the Kansas City BioSecure Manufacturing Tech Hub, which would receive $34 million to modernize manufacturing processes, strengthen and retool domestic supply chains, and accelerate the translation of Missouri Gov. Mike Kehoe has signed legislation reviving and expanding a state economic-development program previously used to support Kansas City’s Power & Light District. The measure could provide new financing options for major downtown developments, including potential professional-sports facilities, while also creating incentives for converting underused office buildings into housing. The legislation allocates up to $6 million annually for office-to-residential conversions and broadens the Missouri Downtown and Rural Economic Stimulus Act. Kansas City officials and Cordish Cos. had advocated for the changes to support future development. Topeka | Rural Development Grants Unveiled The Kansas Department of Commerce has awarded $750,000 in Downtown Revive & Thrive grants to support nine building renovation projects across Kansas. When matched with more than $286,000 in local contributions, a total investment of over $1 million will be used to create spaces for business incubators. Lt. Gov. and Secretary of Commerce David Toland said the program would take established, unused infrastructure and give rural entrepreneurs a place to flourish. Demand is rising throughout Kansas for flexible spaces that allow entrepreneurs to test products, develop commercial concepts and pilot new ventures. In response, Commerce launched the Revive and Thrive program to support those endeavors by transforming vacant and underutilized buildings into accessible, modern and sustainable workspaces. biologic discoveries into scalable, resilient, and agile U.S. production. Jefferson City | P&L District Gets a Boost

JACKSON COUNTY Commerce Acquisition

Commerce Bank has announced the acquisition of St. Louis-based investment banking firm Nolan & Associates and its broker-dealer, Middle-Market Transactions. This strategic move, announced on June 29, aims to enhance Commerce Bank’s advisory services

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Kansas City’s Business Media

July 2026