EZ Stats Analytics




McDonald's Corporate News
Sep 19, 2019
- Quarterly cash dividend increases 8% to $1.25 per share - the equivalent of $5.00 annually - Through August 2019, the Company returned a cumulative $21 billion against its three-year cash return to shareholders target of about $25 billion, which will be…

Business to add office location at Broadway Autopark

  Jan 8, 2018   kmarlett


By   – Reporter, Wichita Business Journal 

 Updated 

Come next month, Lane Enterprises should be operating out of a new Wichita office location at the Broadway Autopark building. 
The McDonald's franchising company based out of El Dorado will likely be in its leased first-floor space at the Broadway Autopark building at Broadway and English. 

Lane is keeping its existing space in El Dorado, Bob Lane said, and will use the new downtown location largely for training purposes. 

"The location in central Wichita was attractive to us," Lane says. "There are a whole lot of good things happening in that downtown area lately." 

Bob Lane runs the business with his son, Michael Lane; wife, Jennifer Lane; and nephew, Joe Lane

"We have about 2,000 square feet with a conference room and areas where we can train people," Lane says. "Our furniture is on order and there are a few things that still need to be done, but we should be in by Feb. 1." 

In a transaction that closed earlier this month, Lane Enterprises purchased seven McDonald's eateries — in Wichita, Belle Plaine and Goddard — from Brends Inc. One of the stores purchased is just a short walk from the Broadway Autopark building at 411 S. Broadway.

Lane Enterprises controls 38 McDonald's restaurants in Kansas.

Most of the Broadway Autopark structure will be used for apartments, 44 units in all, with leasing already underway, said Jason Gregory of the Downtown Wichita Development Corp. 

"It's one of my favorite projects downtown," Gregory says. "It's very unique and creative how they kept the integrity of the ramps and the structure." 

The building is a former parking garage that was built in 1949. The project is the brainchild of Michael Ramsey and Robert Eyster of Bokeh Development.