KANSAS CITY, Mo. — Hy-Vee Arena, formerly known as Kemper Arena in Kansas City’s West Bottoms area is off the market after being listed for $36 million.
Owner Steve Foutch told FOX4 that due to absolutely no funding from any COVID relief programs, they’ve been financially constrained.
He said with the recent real estate’s seller’s market being so hot, they decided to list the building just to see if anyone was interested.
Foutch said no buyers surfaced, and they are perfectly fine continuing to operate the building as originally planned.
After FOX4 reported the building was on the market, Foutch clarified that with no interest, they are no longer actively selling the building.
Built in 1974 as Kemper Arena, it was the place to go for shows, concerts and other big touring events until the Sprint Center opened in 2007.
Foutch Brothers, LLC out of Wichita bought the building in 2017. A $39 million renovation project completed in 2018, transformed the arena into a venue for youth sports in the metro.