The Kansas City Chiefs and Hunt Midwest are launching Two-Point Development, a joint <a href="https://industrymovement.com/govt-mulls-tokenisation-of-real-estate-other-assets/" title="Govt mulls tokenisation of real estate, other assets”>real estate venture that will help shape vibrant, mixed-use districts around the franchise’s new stadium in Kansas City, Kansas, and new headquarters and training facility in Olathe, Kansas. The long-term strategic partnership will ensure that both developments create premier, year-round sports and entertainment destinations that will spur regional economic activity, attract new investment, create new jobs, celebrate youth and amateur sports, and build new community hubs for residents, visitors, and fans.
“This is a monumental day for our family as the Kansas City Chiefs and Hunt Midwest form a new business partnership,” Chiefs Chairman and CEO Clark Hunt said. “My father was a visionary who believed in the future of Kansas City and spent decades investing in the business community of this region. Today we are so proud that his football franchise and his real estate company are joining forces to drive transformational real estate developments around the Chiefs future stadium and training facility. This partnership will create two dynamic districts, provide memorable experiences for residents and visitors, spur meaningful economic growth, and fundamentally transform the footprint of the Kansas City metro area. We are proud of this joint venture and excited to get to work making this vision a reality.”
The Two-Point Development partnership will be the master developer for the design and development of both districts, overseeing the world-class architects, engineers, land planners, and general contractors that will bring the vibrant districts to life.
With more than six decades of experience in real estate development, including award-winning mixed-use projects, Hunt Midwest offers the expertise to deliver transformative developments that will create meaningful benefits for residents, the business community, and the Kansas City region. As partners, the Chiefs bring a deep understanding of fan engagement, guest services, entertainment programming, event operations, and long-standing community connections.
In Wyandotte County, the two entities will create a transformational destination that extends far beyond the new world-class Home of the Chiefs on game days. The development will blend entertainment, hospitality, retail, residential, and public gathering spaces into a connected year-round experience that will unlock new opportunities for economic growth, community engagement, and regional investment in the Kansas City, Kansas, area.
In Olathe, the club’s future headquarters and practice facility will be the centerpiece of a vibrant, mixed-use environment that seamlessly brings football, community, and entertainment together. The vision is to create a setting where locals can live, work, and play, while visitors find connected, experience-driven public gathering spaces.
With both organizations founded by Lamar Hunt and stewarding the Hunt family legacy, the Two-Point Development name is inspired by Lamar Hunt’s innovative vision for including the exciting two-point conversion in professional football. With the thrilling post-touchdown two-point play a staple in college football in the 1950s, Lamar Hunt’s American Football League adopted the two-point conversion when it began play in 1960. After the AFL and NFL merged in 1970, the play disappeared from the professional game until 1994, when, at Lamar’s urging, it was officially adopted into the NFL rulebook.
The Chiefs stadium and training facility projects are part of a groundbreaking partnership with support from the State of Kansas; the Kansas Department of Commerce; the Unified Government of Wyandotte County and Kansas City, Kansas; the City of Olathe; and Johnson County.
For development opportunities, please contact Hunt Midwest Senior Vice President Aaron Schmidt at twopoint@huntmidwest.com.
Hunt Midwest is a Kansas City-based, privately held real estate development company with six decades of expertise in industrial, self-storage, residential, multifamily, and senior living communities, with more than $3 billion of developed projects in multiple geographic markets. Hunt Midwest leverages its reputation, resources, and relationships to create successful real estate solutions. Hunt Midwest is one of the pillars of the Lamar Hunt Family’s holdings, which include interests in real estate, sports/entertainment, energy/natural resources, and private equity. Other marquee brands include the Kansas City Chiefs, Chicago Bulls, FC Dallas, Hunt Southwest, and Unity Hunt. Learn more at www.HuntMidwest.com.
