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Construction activity in the vicinity of Highway 74
(Shawnee Parkway) and Silver Springs Road is evidence of another
addition to West Cape’s growing retail and office space development.
Shawnee Center containing
more than 27,900 square feet of commercial lease space is being
constructed by the Rebel Group.
The development group has assigned the leasing
duties to Tom Kelsey, commercial
broker and President of Lorimont Place, Ltd.
Kelsey said even though the new commercial development is just
under construction already more than 30% of the available space has been
leased. Station West, a
kitchen and bath showroom that will occupy 8,600 square feet on the
north end.
Kelsey said the space sizes will begin at 1,500 square feet up to 19,500
square feet. His real
estate firm will focus on retail, office, restaurant and service
oriented type tenants. The
developer will finish lease spaces to suit tenants and rental rates,
which will be very competitive, will vary depending on size and interior
finish requirements.
The high traffic and visibility location has
already attracted several potential rental prospects that like the close
proximity of I-55, new Technology Center,
Central High School, Westfield Shopping
Mall and Siemer’s Drive retail corridor.
The new development is also situated adjacent to Southeast
Missouri Hospital’s future West Campus
project consisting of 26 acres along new Mount Auburn Road south of
Highway 74.
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