Interstate 435 and State Line Road
South Kansas City, MO
Freightquote.com, the largest online freight shipping broker in the nation, selected Kansas City, Missouri as the location for its new customer service and headquarters facility. Founded in 1998 by Tim Barton, Freightquote.com delivers a vast array of freight solutions for a large and diverse customer base. These solutions enable customers to instantly quote and compare freight rates for hundreds of U.S. freight carriers. With more than 1,200 employees nationwide and annualized revenues exceeding $500 million, Freightquote.com moves more than one million shipments across North America per year.
Freightquote.com plans to relocate 960 existing jobs and anticipates the creation of 200 new positions at an average wage of $55,000.
Freightquote.com will construct a 200,000 square feet office and an 1800 space parking structure on the south side of Carondelet Drive at the intersection with Glen Arbor Drive. As envisioned, this project will result in an initial investment of $69.2 million in real and personal property.
The State of Missouri assisted the project by providing nearly $27.8 million in assistance through the Quality Jobs, MO BUILD Bonding, Sales tax exemption of construction materials, and employee recruitment & referral programs. The City of Kansas City MO assisted by providing $20.7 million in Chapter 100 Tax abatement on the building and personal property, and Tax Increment Financing “TIF” to capture 50% of the Economic Activity Taxes “EATS”.
5/31/2013 PROJECT UPDATE:
Freightquote and its 1,000 local employees will be moving into their new 200,000 square foot corporate headquarters at State Line and 435 some time in June 2013. They are excited about becoming part of the Kansas City Missouri business community!