Keith + Associates, a longtime Mission dental practice, has received permission to obtain tax-exempt loans for construction work to make renovations on the former NCAA headquarters property at Shawnee Mission Parkway and Nall Avenue that the practice’s owner recently purchased.
The Mission council unanimously approved in its Wednesday, July 18, meeting a resolution establishing the intent and authority to issue no more than $4 million in industrial revenue bonds for Keith + Associates to renovate the building.
Dr. Bill Keith and his wife, Ashley, recently purchased the building at 6299 Nall Avenue where Keith’s dental practice is located. Evan Fitts, a Polsinelli representative who spoke on behalf of Keith, told the council in its July 11 finance and administration meeting that the developer anticipates making $2.5 million in renovations; a sales tax exemption would save as much as $250,000 in the renovation costs.
Total project costs are anticipated at $6 million, which includes the building purchase and estimated of labor costs.
Keith’s father started the dental practice in 1983 in Mission. The dental practice’s patient population “has grown past the point I am able to provide service in my current space,” Keith wrote in a July 3 letter to Mission.
“We’re just a small business; as much as the city is able to help us and contribute on your part, that just helps us do more and hopefully bring more value to the city,” Keith told the council.
Keith + Associates will move to the third floor of the new building, which is currently occupied by Walz Tetrick & Associates. Keith indicated that Walz Tetrick plans to relocate to the Security Bank building between Johnson Drive and Martway.
The dentist’s vision is to make the building a “dental hub” of the city by adding more specialists in the building.
The building is the former headquarters of the NCAA. It was built in 1972 and is mostly original. Keith said his goal is to “turn it into something that is once again an icon of the community and, in the meantime, allowing us to grow our space so that we can treat more patients.”
The dental practice’s new space will include 20 operatories — seven more than the current 13 — and expand to include more offices and reception area space. Keith anticipates adding six more jobs to his business and 10 to 15 positions within the building.
Renovations will include energy-efficient improvements to the exterior glass windows and heating, ventilation and cooling system, as well as interior upgrades. Keith wrote that he believes the improvements will increase the rental value from $18 to $30 per square foot.
Keith told the council earlier this month how important Mission is to his family and indicated the project wouldn’t be financially feasible without the issuance of the industrial revenue bonds.
“We wanted to keep our business in the community,” Keith said. “We enjoy all that Mission provides to us and really appreciate how willing you were to come out to the practice and have a conversation on something that I didn’t even know was a possibility.”