CDK Realty Advisors announces its newest joint-venture with Silverado Interests, on behalf of one of its institutional clients for the development of an Autumn Leaves in the Houston suburb of Clear Lake. CDK and Silverado have provided equity to The LaSalle Group for development of this latest facility.

LaSalle has been recognized by The Dallas Morning News, The Fort Worth Star Telegram and The Chicago Tribune as having the best care for the memory impaired and the best designed and constructed facility for this type of care. The Dallas Business Journal has identified The LaSalle Group as the largest provider of memory care assisted living in the Dallas-Fort Worth area.

CDK and Silverado have previously teamed up on development of Autumn Leaves including facilities in Denton in the DFW market and The Woodlands, Sugarland and Pearland in the Houston market.

About CDK
CDK Realty Advisors provides full service commercial real estate investment management and advisory services to institutional and private clients. Established in 2001 by three founding partners (Kenneth Cooley, Jon Donahue and Brent Kroener) the firm is based on the philosophy of Strategic Partnering. By utilizing established relationships with development partners, CDK has created value for its clients by acquiring and investing in real estate and real estate related assets that are not exposed to the broader market. CDK Realty Advisors is a SEC registered investment advisor currently managing one-half billion dollars of invested equity on behalf of its clients. CDK’s product offering is comprehensive including core, value enhanced, and high yield property investments in every major asset class.

Silverado Interests
Silverado Interests was co-founded by father-and-son team Rick and Dan Slaven, who collectively possess more than 46 years of real estate investment experience. With 46 years of experience in the real estate arena, Silverado’s principals are able to identify experienced development and operating partners in commercial real estate who are niche-focused and highly successful in their specific product types. The principals look for individuals and/or companies that not only have built and developed a substantial number of assets within their particular fields, but who have done so with a constant level of quality, while providing consistent returns to the equity capital.

CDK Realty Advisors announces its newest venture with RED Development. CDK, on behalf of one of its institutional clients, and RED have formed RED Consolidated Holdings, LLC, a real estate holding company that owns twenty-two retail and mixed-use properties totaling more than nine million square feet in twelve states. This new venture consolidates properties owned by CDK’s client with the operating companies and retail projects of RED.

Since the relationship with RED began in 1999, CDK has invested $280 million, on behalf of its client, in select RED development projects, including CityScape in downtown Phoenix. CDK and RED continue to develop projects under their previous joint venture.

“This has been a very successful venture for more than twelve years and this new agreement will allow our client to further benefit from RED’s relationships and track record in the real estate industry” said Jon Donahue, principal with CDK. “This new company allows us to shift the portfolio from an Opportunistic to a Core Strategy.”

“We have enjoyed our relationship with CDK over the years and trust that this deeper relationship will allow us to focus on executing our strategic business plan to acquire and reposition additional properties as well as maximize the potential of existing assets. The new holding company structure will allow us greater access to debt and equity capital markets,” said Steve Maun, President of RED Development. “Importantly, this new level of partnership demonstrates continued confidence in both our projects and our business model.”

The newly-formed, RED Consolidated Holdings LLC, will continue to operate as a private company with a new emphasis on its stabilized retail and mixed-use projects and acquisition where value can be created using RED’s extensive expertise in repositioning properties. The new venture has acquired three new assets since forming: Woodbury Lakes, Beach Village and Aspen Place as part of this new strategy.

On behalf of one of its pension fund clients, CDK acquires interest in historic Electric Building in downtown Fort Worth. The 18-story building was redeveloped in 1984 from office use into 106 apartments with retail space on the ground floor. Ownership will spend about $1 million to upgrade the heating and cooling systems, increase energy efficiency, and make cosmetic improvements such as new flooring and paint.

The building is currently 87% leased with about half of the units leased to low and moderate income housing because the project received $3.26 million in federal tax credits when the building was redeveloped. The program will continue under the new ownership.

A local pension fund for firemen has provided a new equity source for real estate opportunities managed my CDK Realty.  The initial investment placed on behalf of the fund was a partnership interest in an Alzheimer’s/memory care facility in Denton, TX.  The project is a to-be-built Autumn Leaves facility that is a designed and staffed by The LaSalle Group, a development company specializing in assisted living building and management.

Plans call for 46 beds with construction completion anticipated by December 2010.  Projected IRR is a 28% return in three years.

On behalf of an institutional client, CDK Realty Advisors has entered into a private equity venture with Southern Cross Project Group, an established and respected Australian construction company, to expand its operations into the US.

Southern Cross was established in 1986 and has become one of the leading construction groups in New South Whales. The strong track record of success in New South Whales led to the company’s expansion into the Queensland and Western Australian markets in 2007. Southern Cross provides an integrated range of building services, and has a proven track record across all building disciplines including commercial, industrial, residential, retail, refurbishments, entertainment facilities and sporting venues.

The introduction of sustainable building regulations around Australia and the rapidly growing demand for green buildings by government and private entities has meant a more intense focus on sustainable building design for both commercial and residential developments. Increasingly, the Southern Cross Project Group is working on sustainable building projects and applying innovative construction practices that positively impact costs and the environment.

CDK Realty Advisors announces that a global capital relationship with long term partner, RED Development, has been established. Under the relationship, a fund managed by CDK will provide $200 million for investment in RED development projects. Certain existing projects have been identified and CDK will be given the first opportunity to partner with RED on its future projects.

The in the 50/50 joint venture, CDK will provide the equity necessary to obtain construction financing for the projects allowing for liquidity and recapitalization opportunities during 2008, 2009, and 2010. This allows RED to move forward with projects while other means of financing are drying up, leaving other developers to curtail or slow developments. CDK’s commitment to provide equity will pave the way for future construction financing and ease the transition into permanent financing.

Representing an institutional client, CDK Realty Advisors has entered into a private equity venture with Schussler Creative and RED Development to create new theatrical restaurant concepts for destination dining venues.

This partnership is the first where a developer has teamed with the creator of dining/entertainment attractions to rollout new ventures nationwide. These new concepts will be located in RED’s retail development projects and elsewhere. By joining forces, additional credibility and financial backing is added to the latest restaurant and retail attractions created by Schussler allowing a faster implementation of new concepts.

The strategic partnership also provides the developer with a unique business model that provides for destination attractions that draw from a significantly expanded trade area.

Some of the exciting concepts include Hot Dog Hall of Fame, Betty & Joes Baker and Coffee Maker, Backfire BBQ, Pizza Market, Zi Imperial Kitchen, Aeroblue, Winter Wonderland, and Musical Garden.

CDK Realty Advisors Joins Matthews Southwest in Land Acquisition - The Colony, TX

On behalf of one of its institutional clients, CDK Realty Advisors has joined with Matthews Southwest to purchase 338 acres in The Colony, TX for development of a master planned community adjacent to The Tribute.

The Colony is located just 35 minutes north of downtown Dallas along the southeastern shores of Lake Lewisville. With Highway 121 running through the city, residents are ten minutes from the corporate headquarters of EDS, J.C. Penney, Frito Lay, and Dr. Pepper, and less than 25 minutes from the Dallas/Fort Worth International Airport. Interstate 35E is less than ten minutes west, and the Dallas North Tollway is five minutes east, making The Colony a prime site for retail and corporate development.

The Colony is well served by the award-winning Parks and Recreation Department, named the Top Parks and Recreation Department in Texas in 2002 by the Texas Recreation and Parks Society, as well as numerous levels of recognition by the Texas Amateur Athletic Federation. The Parks and Recreation Department of The Colony was also responsible for the city being named Sportstown, Texas by Sports Illustrated and the National Recreation and Parks Association. The Colony is home to two beautiful lake parks, located on the eastern shore of Lake Lewisville. Stewart Creek Park and Hidden Cove Park offer visitors an opportunity to camp, hike, fish, boat, swim, or just relax in a scenic lake setting.

Plans for the 338 acre purchase include a master planned community along 6,000 ft. of lakefront with single family lots, condominiums, town homes, restaurants, a hotel site, and an 800 slip marina.

Matthews Southwest is a full-service development company headquartered in Dallas, Texas. Since 1988, this dynamic and growth-driven company has acquired, built and managed single and multi-tenant corporate office, institutional and industrial developments throughout the United States, Mexico and Canada. With a confident vision toward conservative and controlled expansion, commitment to excellence, and a corporate philosophy of minimizing risk and maximizing long-term profit, Matthews Southwest is well positioned to continue its momentum of developing quality real estate properties.

CDK Realty Advisors Teams With Mulit-Family Developer in Kansas City, MO

On behalf of one of its institutional clients, CDK Realty Advisors has entered into an agreement with Price Brothers Development Company to develop Riverstone Apartments, a 324 residential unit project in Kansas City, MO.

Price Brothers Development Company, owned by Kent Price, is a 3rd generation family owned real estate company in Kansas City. Price Brothers Realty is the largest multifamily owner in Kansas City with over 6,600 units in the metropolitan area.

Riverstone Apartments will be a Class A garden style community with outstanding common area amenities making it the highest quality project in the submarket. The location, just south of the Kansas City International Airport along I-29 and Barry Road, has exploded in the last 5 years with retail growth adding 2,000,000 sq. ft. of space. The apartments will be part of the Riverstone Master Planned Community being developed by Hunt Midwest, the largest residential developer in Kansas City. The Riverstone Master Community is a mixed use development featuring 453 single family homes, 168 town homes, an assisted living development, 350,000 sq. ft. of big box and neighborhood retail and the Riverstone Apartment project.

The Riverstone Apartment investment is appealing for many reasons including:

• Outstanding location
• Located in a master planned community
• Strong architectural design
• Wide array of amenities
• Strong local developer

Riverstone Apartments is the first investment between CDK Realty Advisors and Price Brothers Development Company.

CDK Realty Advisors Forms Joint-Venture with Greenway Investment Company to Acquire retail space in Dallas, TX

On behalf of one of its institutional clients, CDK Realty Advisors has entered into a joint venture with Greenway Investment Company to purchase approximately 42,000 square feet of retail space located at the intersection of Bengal Street and Motor Street in Dallas, Texas.

The 1st floor retail space is part of a mixed-use project, CityVille, developed by First Worthing. Greenway Investment Company contracted with First Worthing to buy the shell retail space upon completion of the entire project. The total development has 260 apartment units, 15 townhomes and 41,865 square feet of retail space. First Worthing has adjacent land for Phase II development.

The development is located adjacent to one of the country’s largest medical centers which includes Parkland Health & Hospital System, UT Southwestern Medical Center and Children’s Medical Center. Within the hospital district UT Southwestern recently finished a 14-story biomedical research tower, Parkland has broken ground on a 58,000 square foot Ambulatory Surgery Center, Parkland is in the planning stages for a new $1.2 billion facility and Ronald McDonald House has plans for a new 60,000 square foot facility. In addition a new light rail station will open in 2009 and Motor Street will become a four-lane divided roadway.

The CityVille retail project is the third investment opportunity between CDK Realty Advisors and Greenway Investment Company.

CDK Realty Advisors Sells Interest in Destination Retail

CDK Realty Advisors has sold its interest in an 855,000 square foot shopping center, The Legends at Village West. The project was developed in conjunction with RED Development as part of the 400-acre Village West Tourism District in Kansas City, Kansas. The Legends shopping center joined the NASCAR Kansas Speedway, Cabela’s, Nebraska Furniture Mart and Great Wolf Lodge in featuring unique retail, entertainment, and dining venues.

This investment, made in 2005 was the fourth joint venture with RED Development. The project was the first in the state of Kansas to use sales tax anticipated revenue bonds (STAR Bonds) which are designed to stimulate growth in under utilized areas through the use of sales tax revenues for infrastructure development. The center opened the spring of 2006 and drew customers from as far as 250 miles away. It is expected to serve over 12 million people annually.

This investment, made by CDK Realty Advisors on behalf of one of its clients, produced a 67% internal rate of return over the investment period.

CDK Realty Advisors, on behalf of one of its institutional clients, has entered into a joint venture with Hughes Development to develop a mixed-use project in Ft. Worth, Texas called The Shops & Lofts at So7. The development will comprise approximately 72 residential condominium units, 50,000 sq. ft. of retail, and 21,000 sq. ft. of office space. This is the first joint venture between CDK and Hughes and is the retail/final phase of an overall 25-acre $200 million development of condos, town homes, shops, and restaurants that Hughes began about four years ago.

Phase I of the project comprised of luxury Mediterranean-style townhomes with an average price of $500,000. Phase II, which is under construction, is the ArtHouse at So7, a four-story, 54 unit condo building adjacent to 11 gallery homes priced in the low $300,000s.

Construction on the Shops & Lofts at So7 is scheduled to begin in August 2007.

On behalf of two of its institutional clients, CDK Realty Advisors has entered into a joint venture with Constellation Property Group to develop residential condominiums on Town Lake in Austin, Texas.

The project, Star Riverside, is located at the southeast corner of Interstate 35 and Riverside Drive in Austin, Texas and has direct access to Town Lake. Star Riverside is only a few blocks from the new Austin Convention Center and the Austin CBD.

The property’s location serves as the southern entrance to Downtown Austin. This location affords the project a true “gateway” status, and will become a landmark for those approaching Austin from the south along Interstate 35. Access from the site to the Austin CBD is a short five minute cab ride, while the popular Town Lake Hike & Bike Trail is only a short stroll across the bridge.

Phase I, Star Residences, will include 68 residential units in two six-story buildings. These homes will enjoy absolute lake frontage and will consist of luxury 3 bedroom 2 story town home style residences and secure below ground parking.

Phase II will include two additional towers. The nine story Riverside Condo Tower will provide a mix of 1, 2 and 3 bedroom units that will feature large balconies, floor to ceiling glass and the latest in ultra-modern interior design. The ten-story Republic Tower will become “the landmark” icon on the south side of Town Lake. This tower’s unique curvilinear form will enjoy tremendous views in all directions.

Marketing of the initial phase will begin in June 2007 with construction to start in the 1st quarter of 2008.

Lewisville-based Matthews Southwest is continuing its quest to revitalize the southern edge of downtown Dallas with The Beat at South Side Station. The project will sit across the street from the Jack Evans Police Headquarters on land that was formerly used for parking, and near Matthews’ breakthrough South Side on Lamar development.

Even though The Beat, a 10-story, 75-unit condominium project, won’t be complete until May of 2008, the artsy enclave already is creating quite a buzz, according to Phil Tinsley, project manager for Matthews Southwest.

“Neary one-third of the units have been pre-sold,” Tinsley says. “The target buyer is the same demographic as that for South Side on Lamar — creative people in music, arts and entertainment, and people who want to be around that creative energy.”

Matthews Southwest is sold on the area, so much so that the company has purchased more than 80 acres for future development. Its first endeavor, South Side on Lamar, was a complete renovation of the former Sears building and now houses more than 1,000 residents in 450 loft apartments.

The neighborhood is close to a Dallas Area Rapid Transit station, with downtown cafes, clubs, shops and galleries all within walking distance. Residents will also benefit from the planned redevelopment of the nearby Trinity River and its miles of interconnected hike-and-bike trails.

Designed by Corgan Associates Inc., The Beat’s one- and two-bedroom condos will average about 1,250 square feet. Each unit will have 10- to 12-foot ceilings, sealed concrete floors, walk-in closets and private balconies with views of downtown or the Trinity River. Other amenities include a saltwater pool with spa, poolside changing stations and a landscaped entertainment area.

Prices for the residences range from $182,000 to $358,000. ( — Emily Clark)

CDK Realty Advisors has sold the 130,000 sq. ft. Landmark building located in the historic West End district of Dallas. The buyer, Argus Realty Investors, of San Clemente, California invests in revitalized office properties located in emerging urban markets.

The asset, acquired by CDK in 2004, was the former regional headquarters of the FBI. The building interior was demolished, upgraded, and transformed into an urban loft-style office building with an open interior environment containing 15-foot ceilings. After the transformation, occupancy increased from 13% to 97% in under 12 months.

“This is a magnificent transformation of a 100-year-old building that had become bland, boring, government offices” explained J. Drever, Argus Realty’s senior vice president of acquisitions. “But CDK tore down walls, restored the original maple floors, exposed the brick walls and concrete columns, practically doubling the ceiling height on every floor by removing the eight-foot false ceilings, leaving the newly installed overhead heating and air-conditioning duct work, lighting and cabling in full view.”

This investment produced a net IRR of 37% for one of CDK’s clients.

CDK Realty Advisors has formed a joint-venture with Terra Land to purchase 218 single family residential lots in Eagles Ridge and Hogan’s Glen, subdivisions within the city of Trophy Club.

Trophy Club is located in a major growth area within close proximity to both Dallas and Fort Worth. Within minutes of all areas of the Metroplex, the town is in a prime area for work or play. Inside the town is a number of parks, miles of existing pathways, and a community swimming pool. The population is expected to reach 10,177 by 2013.

The Trophy Club development was the first premiere planned community centered around a country club. The golf course was designed by Ben Hogan, one of the greatest golfers in history. As Trophy Club began to grow it eventually became incorporated as a town in 1985. Today the population of Trophy Club has grown to 7,400 with a wide range of home prices from the low $100,000’s up to $1,000,000. With careful planning and consideration of the residents needs, the town constantly reviews plans to ensure that the community maintains the neighborhood atmosphere that residents have come to treasure.

Terra is a real estate development and land management company founded by Paul Spain and Bobby Harrell who are known for creating some of the finest neighborhoods and residential real estate in North Texas. Terra’s business model is to develop residential lots for sale to home builders.

On behalf of one of its institutional clients CDK Realty Advisors has completed the acquisition of a value-added investment adjacent to the Baylor Medical Center, just east of the Dallas central business district. This acquisition was purchased as a joint venture with Greenway Investment Company.

The site, located at the corner of Haskell and Gaston, contains 5.3 acres of land with eleven retail buildings - a total square footage of 37,000 square feet. The continuing expansion of Baylor Medical Center, the gentrification of existing housing stock and the development of new upscale housing in the surrounding market offers an opportunity for changing the use and layout of the existing retail center to include new retail, multifamily, medical, office, and townhomes.

Greenway Investment Company is a Dallas based real estate. The company, established in 1977, concentrates its efforts on value-added opportunities in Austin, Dallas, Houston and San Antonio.

CDK Realty Advisors, on behalf of one of its institutional clients, has entered into a joint venture with RED Development to develop a Destination Development in Sparks, Nevada – suburb of Reno-Lake Tahoe. Destination Developments combine retail, one-of-a-kind entertainment attractions, interactive activities, learning opportunities and exciting dining opportunities that target visitors from a wide geographic area. This is the second joint venture between CDK and RED on a Destination Development. The Legends at Village West in Kansas City, Kansas opened in 2006 and has a confirmed trade area in excess of 300 miles.

The Sparks project, Legends at Sparks Marina, will include a 1,000-room casino hotel, resort and spa. At full build-out, the 12 acre resort project will include restaurant venues, casino, high-end spa, private beach and swimming pool, convention and meeting facilities, and lakefront amphitheatre. The casino adds to the uniqueness of the 800,000 square foot outdoor shopping and entertainment destination development.

The retail portion of the project will feature a one of a kind tenant mix including a 235,000 sq. ft. Scheels All Sports, Saddle Ranch Chop House, T-Rex - A Prehistoric Family Dining Adventure, Dave & Busters, Brooks Brothers, Cantina Corona, Freedom Roads and Camping World, Off Broadway Shoe Warehouse, and Pin-up Bowl – all firsts to the market.

Construction is scheduled to begin in the Spring of 2007 with the first phases of opening mid-year 2008.

The principals of CDK Realty Advisors, Kenneth Cooley, Jon Donahue and Brent Kroener have added Marshall Edwards as a new partner to their firm. Mr. Edwards will join the firm immediately and will pursue new Strategic Partners and equity clients for the firm.

Previously Marshall was the Chief Executive Officer of Walden Residential, a real estate company engaged in the operation of garden style multifamily rental units located in the southwestern and southeastern areas of the United States. Mr. Edwards helped lead the $170 Million initial public offering of the company in January 1993 and was instrumental in increasing the company’s assets from $120 million initially to $1.5 billion.

In late 1999, Mr. Edwards engineered the sale of Walden to Olympus Real Estate Corporation, an affiliate of Hicks, Muse, Tate & Furst Incorporated, in a private real estate transaction valued at approximately $1.8 Billion. The transaction was completed in February 2000. At the time of the sale, Walden owned and managed nearly 50,000 apartment units in twelve states.

Before joining Walden Residential Mr. Edwards was Executive Vice President of NHP Real Estate Corp. a wholly owned subsidiary of NHP, Inc. (The National Housing Partnership) headquartered in Washington, DC. NHP had one of the largest portfolios of multifamily properties in the United States with over 100,000 apartment units under management. His principal responsibilities at NHP included the acquisition, development, financing, management and disposition of conventional rental apartment projects. While at NHP, Mr. Edwards completed the acquisition and development of $1.1 Billion in multifamily properties.

Mr. Edwards, born January 1, 1945 in Dallas, Texas, holds a Bachelors Degree in Business Administration (1967) and a Masters Degree in Business Administration (1968) from Southern Methodist University. He is a former member of the Urban Land Institute and served onthe board of the National Multifamily Council. He also is a former member of the Southwest Advisory Board of Liberty Mutual Insurance Company and the board of The Strand Group, Inc., located in Vancouver. He currently is a member of the Board of Directors of Validus International LLC, an oil & gas technology company, Phoenix Capital Partners, a real estate investment management company and Apartment Life, Inc., a Christian based ministry serving over 300 apartment communities throughout the United States. Mr. Edwards is also serving as the Chairman of the Board of Directors and President of Bent Tree Country Club in Dallas.

On behalf of one of its institutional clients CDK Realty Advisors has completed the acquisition of an interest in Sandstone Ranch, a 2,150 acre ranch located in Douglas County, Colorado. CDK’s clients will own the property in conjunction with the M3 Companies. This will be the third transaction with M3 Companies and is a prime example of CDK’s investment strategy of Strategic Partnering.

Sandstone Ranch is located in Douglas County, one of the fastest growing counties in the United States. The Ranch is situated along the pristine West Plum Creek Valley about 11 miles southwest of Castle Rock and is one of the few remaining parcels of this size and quality on the front range of Colorado. Adjacent to the Pike National Forest, with over 200 square miles of forested Colorado Rocky Mountains, the Sandstone Ranch shares 3 miles of common boundary line with the National Forest.

M3 Companies intends to develop an equestrian-based community, with up to 100 home sites ranging from 3 to 10 acres surrounding an 800 acre working ranch, similar to its American Ranch project in Prescott, Arizona. Like its predecessor the Sandstone Ranch development will offer an outstanding assortment of residential offerings, top flight amenities and a relaxed but privileged lifestyle. New and existing equestrian facilities will offer horse lovers the finest facilities in the area.

On behalf of three of its institutional clients CDK Realty Advisors has completed the acquisition of an interest in Village Pointe Shopping Center in Omaha, Nebraska. CDK’s clients will own the center in conjunction with the RED Development, the original developer of the property. This will be the fourth transaction with RED Development and is a prime example of CDK’s investment strategy of Strategic Partnering.

Village Pointe, located on 78 acres with 572,000 sq. ft. of retail shops is an example of the new direction of retail shopping – the Lifestyle Center. Anchor tenants include Scheels All Sports, Bed Bath & Beyond, Best Buy, Douglas Theaters and Wild Oats Natural Market. Other tenants include Coach, J Crew, Apple, Banana Republic, Gap and a host of national and regional tenants.

On behalf of one of its institutional clients CDK Realty Advisors has completed a joint-venture agreement with M3 Properties to acquire and develop approximately 9,800 acres just north the town of Eagle, a suburb of Boise, Idaho. M3 Properties plans to develop a residential community similar to its highly successful American Ranch project in Prescott, Arizona. American Ranch Prescott offers homeowners the opportunity to develop their dream home on 5 to 10 acre lots with amenities such as an equestrian center, community center and numerous hiking trails.

The Boise metropolitan area offers excellent potential for growth and investment. With a population of approximately 500,000 people the area enjoys the 3rd fastest growth rate in the West behind Phoenix and Las Vegas. Forbes Magazine recently named Boise as the Best Place for Business and Careers while Inc. Magazine rated Boise 2nd in its Best Places for Doing Business article. Finally Boise is the state capital and home to Boise State University.

On behalf of one of its institutional clients CDK Realty Advisors has completed a joint-venture agreement with a local development group, Reeder & Smith, for the conversion of a two story warehouse building into residential lofts. The building, formerly a testing facility for the FDA, is strategically located between downtown Dallas and the Baylor University Medical Center which provides medical services for over 300,000 patients annually. Two stories will be added to the building which when complete will offer 38 for-sale loft units with spectacular views of downtown Dallas.

On behalf of one of its institutional clients CDK Realty Advisors has completed a joint-venture development agreement with RED Development for development of The Legends, a Lifestyle/Entertainment shopping center in Kansas City, Kansas.

The Legends, a planned development of approximately 800,000 square feet on 73 acres, is part of mixed-use Entertainment District conceived and funded by Kansas City, Wyandotte County and the state of Kansas. Located within the single largest tourist attraction in the state of Kansas, The Legends will be surrounded by major destinations - including leading outdoor retailer Cabela's, Nebraska Furniture Mart, CommunityAmerica Ball Stadium for The Kansas City T-Bones, the Great Wolf Lodge and the NASCAR Kansas Speedway. The Legends will sit at the epicenter of a tourism district drawing potential customers from as far as 350 miles away. The Entertainment District is expected to serve over 10 million people annually.

The Legends is a prime example of the new trend in shopping center development which combines entertainment, restaurants and shopping in an open-air setting to provide a unique shopping experience for consumers. Tenants include such names as Ann Taylor, Cavendar’s, Coyote Ugly, Dave & Busters, Cheeseburger in Paradise, Outback Steakhouse, Fossil, Mikasa, adidas, Ted’s Montana Grill and Nike. For a complete list of tenants and additional information please visit RED Development.

The Legends is the third Lifestyle shopping center that CDK Realty Advisors have partnered with RED Development. The other centers are Greenway Station a 350,000 square foot Lifestyle shopping center located in Madison, Wisconsin and Jefferson Pointe a 550,000 square foot Lifestyle shopping center located in Ft. Wayne, Indiana.