3 - March 2019

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WICHITA RECAP

M A R C H

Payless ShoeSource filed for bankruptcy and will close all of its stores, about 2,300. The company, headquartered in Topeka filed for Chapter 11 in April 2017 and closed 670 stores. Payless has Wichita locations in Towne East and West , as well as in New Market Square and in Parklane Shopping Center .

A new multifamily development is coming to Riverside . The site of the Booth Memorial Hospital , at 11th and Amidon next to the Castle Inn Riverside will be occupied by the Riverside Park Villas , the first phase of which will be 22 luxury twin homes. The units will be 1,200 to 1,400 square feet with two bedrooms and two bathrooms. NAI Martens’ Jeff Englert and Nathan Farha sold the seven-acre site in November 2017.

435 S. Broadway, Wichita, KS 67202 | 316-262-0000 | www.naimartens.com

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