H&R Block Inc. announced it will locate a 500,000-sq.-ft. corporate headquarters building in downtown Kansas City, Mo. The elliptical design of the new headquarters is expected to be the centerpiece of the envisioned Power & Light entertainment district. Block’s new headquarters will include an underground, seven-level garage with 1,250 parking spaces and the building’s first floor will feature a variety of restaurants and retail stores.
The $140 million investment will bring more than 1,200 employees to the district and help generate taxes that can be diverted to support construction of additional parking garages and public amenities.
Block’s new headquarters is expected to be open in late 2006 and downtown Kansas City’s new entertainment district should be finalized by 2007.