The Federal Reserve Bank of Kansas City has chosen a construction manager for its new headquarters. Subject to final contract negotiations, the Bank selected J.E. Dunn Construction.

            "We are pleased to have strong partners in J.E. Dunn and the architectural team of Ellerbe Becket - Pei Cobb Freed working on our new Bank headquarters," said Thomas M. Hoenig, president of the Federal Reserve Bank of Kansas City .  "Together, we are going to build a world class facility to serve this region."

            J.E. Dunn Construction, established in 1924, is Kansas City-based and the largest commercial contractor in the Kansas City area.  Dunn brings to the project its experience in completing projects such as the Sprint World Headquarters in Overland Park and the Charles Evans Whittaker United States Courthouse in Kansas City , Mo.

            The construction manager will provide advice to the owner about construction methods, materials, materials availability, and construction cost estimates, and will oversee construction of the facility.

            In May, the Bank selected Ellerbe Becket Architects of Kansas City in association with Pei Cobb Freed & Partners of New York .  Zimmer Real Estate Services is serving as the Project Advisor to the Bank. In June, the Bank received approval to purchase 15.7 acres south of Liberty Memorial for a new headquarters facility that will contain approximately 600,000 square feet.  Plans call for construction to begin in late 2004 or early 2005, and for the completion of the project in late 2007 or early 2008.

            The Federal Reserve Bank of Kansas City serves the Tenth Federal Reserve District, which encompasses the western third of Missouri , Kansas , Nebraska , Oklahoma , Wyoming , Colorado , and the northern half of New Mexico . Of the Bank's 1,600 District employees, 1,100 work in Kansas City .  As part of the nation’s central bank, the Bank participates in setting national monetary policy, supervising and regulating numerous commercial banks and bank holding companies, and providing check processing and other payments services to depository institutions and the U.S. Treasury.

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