BacklotCars taking over full floor of new Lightwell building following $25M funding round 

August 2, 2019  |  Startland News Staff

BacklotCars, Lightwell, images courtesy of Somera Road and AREA Real Estate Advisors

A 20,000-square-foot space in one of Kansas City’s most recently remodeled downtown office buildings will allow BacklotCars room to continue expanding its team, while also impressing high-level targets, said Josh Parsons.

Lightwell building, downtown Kansas City

Lightwell building, downtown Kansas City

“The location, design and amenities of the project are exactly what is needed to attract the top tech talent to Kansas City,” said Parsons, co-founder and COO at BacklotCars, describing the look and feel of the space at 12th and Main streets. “We are very excited to be moving into the new Lightwell building and feel that it will be a great place for our ever-growing team to call home.”

BacklotCars joins WeWork as top-tier tenants at Lightwell, which boasts 180,000 square feet of contiguous availability, the largest existing block of space in downtown Kansas City, according to its developers. WeWork plans to occupy two floors of the building, formerly branded as City Center.

Now operating from within Plexpod Crossroads, BacklotCars — which offers a wholesale platform for auto dealers — is expected to move into Lightwell later this month. The company announced a $25 million funding round in April.

Click here to read more about the big investment in BacklotCars. 

“BacklotCars is exactly the type of forward-thinking technology company that understands what we’re creating at Lightwell,” said Basel Bataineh, vice president at Somera Road, which negotiated the lease alongside AREA Real Estate Advisors. “They’re a major contributor to Kansas City’s growing technology ecosystem and we’re excited to provide them with a home that’ll enable their next phase of growth.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , ,
Featured Business
    Featured Founder

      2019 Startups to Watch

        stats here

        Related Posts on Startland News

        Kansas angel tax credits signed into law

        By Tommy Felts | May 12, 2016

        Months of hard work by Kansas City entrepreneurs has paid off. Kansas Gov. Sam Brownback on Wednesday signed an extension of the Angel Investor Tax Credits into law, preserving what supporters say is the state’s only financial incitive specifically for startups. The law goes into effect on July 1, 2016. Kansas Senate Bill 149 will…

        Shaken and stirred up, entrepreneurs battle Crossroads developer over liquor law

        By Tommy Felts | May 12, 2016

        Supporters of a new Kansas City liquor law hope it will put a stop to what they say are anti-competitive practices by a prominent Crossroads Arts District developer. The recently-passed measure — Ordinance No. 160281 — amends portions of city code to increase the number of property owners who can offer consent for liquor licenses…

        Kansas City near last place among startup hubs for digital economy readiness

        By Tommy Felts | May 11, 2016

        Kansas City’s poor performance in attracting talent and its limited access to investment capital puts it at a disadvantage for the forthcoming digital economy, a recent study found. The national “Innovation That Matters” study analyzed 25 large startup hubs’ readiness for the digital economy, noting that Kansas City has room for significant improvement with its…

        Raise a glass to entrepreneurship during 1Week KC’s 5th anniversary

        By Tommy Felts | May 10, 2016

        We honor all the best things in life — weddings, birthdays and Bar Mitzvahs to name a few  — why shouldn’t we celebrate entrepreneurship? In Kansas City, we have a day — or seven — for just that. 1Week KC, which aims to connect and celebrate area entrepreneurs through 10 events, will begin as any…