U.S. Redwood Living to build new $20 million HQ in Independence

U.S. real estate management company Redwood Living Corp. is expanding its current corporate office in Independence into a three-story headquarters (HQ).

The cost of the new headquarters building will be $20 million. The city offered Redwood a financial package to move its office to Independence. Redwood is seeking to expand its headquarters to provide enough space for its current 100 employees.

The new headquarters will be in the same location on Pleasant Valley Road, but will now be closer to the road and farther away from nearby homes. The expansion means the city will be home to Redwood's main operations, including departments such as accounting and human resources.

At the October Planning Commission meeting, the site plan for the three-story, 76,000-square-foot headquarters was unanimously approved. Redwood expects to begin construction as early as the beginning of 2019.