Triple Crown Realty Trust Adds Another Prominent Property

Triple Crown Realty Trust Adds Another Prominent Property

WICHITA, Ks. – April 30th, 2020- Triple Crown Realty Trust has added another prominent Wichita property to its portfolio.

Chance Rides has exchanged part of their West campus into Triple Crown Realty Trust in exchange for partnership units in the Triple Crown portfolio of assets.

This included over 218,150 sq. ft. of industrial manufacturing space on 13 acres at the Chance Rides campus located in Wichita, KS.

“This is the perfect opportunity for our family to stay in our manufacturing facility that has been our home for almost 50 years. Diversifying our family’s investments in something moving as rapidly as Triple Crown, that is also local right here in Wichita. This was an exciting option.  Wichita has been great for the success of our company over the decades and now we can continue our growth and be a part of the development of another local entity like Triple Crown,” owner Dick Chance stated.

Triple Crown is an active buyer in the single tenant sale leaseback portion of the industrial and commercial real estate market throughout Wichita and the mid-west.

 Jeff Lange said Triple Crown’s goal is to be 50% invested in the CrossGate District and 50% outside of it, whether that’s in Wichita or elsewhere in the midwest.

“This acquisition is a big deal to us because of our story growing beyond the CrossGate District.”

This is the 2nd notable acquisition for Triple Crown in Wichita outside the Crossgate District Terra-Cotta Towers, a 5-story office building at 29th & Rock Rd became a Triple Crown asset in 2019.

 

Carrie Rengers covered the story for The Wichita Eagle.

https://www.kansas.com/news/business/biz-columns-blogs/carrie-rengers/article241977916.html

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4340 S West Street
Wichita, KS 67217
316-648-1415

Splash Aqua Park

Splash Aqua Park

Splash Aqua Park Will Float On The 14 Acre Lake At The New Steeple Bay Development

Splash Aqua Park logoWICHITA, Ks. – January 17, 2019 – Wichita will soon be enjoying one of the newest trends in outdoor entertainment, the Midwest’s largest inflatable water park. Splash Aqua Park will be a playground on water. It opens in May in the Crossgate District, providing action-packed fun for the entire family.

The concept comes from Australia, where Midwest entrepreneur Cole Kalkbrenner helped develop a similar entertainment destination, “Wichita’s unique landscape allows us to create one of the largest parks of its kind right here in the Midwest” Kalkbrenner explains.

Slides, wiggle bridges, ramps, jumps, and trampolines are just a few of the many and varied features enclosed within the extensive walkways and floating tracks of the course covering an area the size of a football field. The park is scheduled to open on Saturday May 4th and expects to host 30,000 visitors in the first season of operation. Tickets are $15 and the park will be open everyday through Labor Day from 10 a.m. to 5 p.m.

“We can’t wait for the community to enjoy a day of fun – bouncing, crawling, sliding across our connected set of inflatables,” says Kalkbrenner. “It’s great summer activity for the whole family, from kids to grandparents.”

Jeff Lange, developer in the Crossgate District, recognized the opportunity when Cole came knocking on his door. “The aqua park fits with our philosophy to take a chance on something new for the area. Plus, Cole’s 15 years’ experience orchestrating major water sport events gives us confidence in the operations, safety, launch, and ongoing success of the park.”

The park will float on the 14-acre lake at Steeple Bay, an 80-acre mixed-use development at Highway 235 and Seneca, just 10 minutes from downtown Wichita and home to the new Camping World and Gander Outdoor superstores opening this summer. Construction is moving quickly and sales and leasing activity is underway for hotels, restaurants, multi-family and/or retirement facilities, and additional retail concepts.

“It’s an easy, fun escape for the day where you test your sure-footedness, scramble up a slippery slide, or create your own jumping contest. Smaller kids have a blast, parents and grandparents enjoy the action, and even the most active teenagers can feel their adrenaline pumping, all in a safe, controlled environment. We’re eager to greet the people of Wichita this summer!” says Kalkbrenner.

Kalkbrenner also founded the America’s Cup in 2018, a professional water sports tournament in the Wichita area. Cole and his wife, Erin, have traveled the world teaching water sports prior to settling in Wichita to found Splash Aqua Park.

More details are available at www.splashict.com or at www.Facebook.com/splashict.

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4340 S West Street
Wichita, KS 67217
316-648-1415