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Why Oldham Village in Lee's Summit Is Drawing Attention

August 6, 2026

Two things happened this summer that most residents haven't lined up next to each other yet. Downtown Lee's Summit Main Street announced that the 2026 Downtown Days festival on Green Street will be its last, ending a nearly forty-year tradition. And a mile and a half south, at the interchange most of us have driven through without stopping for a decade, a 130-acre mixed-use build has quietly turned into the busiest new address in the city.

If your Saturday still starts at 3rd and Douglas and ends at Summit Fair, this post is for you. The gravitational center of casual dining, errands, and weekend recreation is shifting, and the shift is happening faster than the road signs suggest.

The corner nobody stopped at six months ago

Drive the US-50 and Missouri Route 291 interchange in either direction and you're now looking at two parallel projects with the same developer, Overland Park–based Drake Development. West of 291 is Oldham Village. East of 291 is East Village. Together they cover roughly 130 acres, and the East Village phase alone carries a $492.7 million price tag, approved by City Council in December 2025.

For context, this is a corner that until recently the city classified as Planned Industrial. The Pfizer campus is the neighbor. The Legistar file that rezoned East Village Phase 2 describes it as roughly 50 acres running southeast from Bailey Road. Full buildout runs through about 2035. What you can already see, or will see within a month, is Phase 1.

What has actually opened, in order

Here is the sequence, because the sequence matters. Each opening changed which errand made sense to combine with which:

  1. Chick-fil-A Oldham Village opened February 26, 2026 at 1001 SW Jefferson Crossing. It's the second Lee's Summit location for local owner-operator Lance Spencer, who has run Chick-fil-A Summit Fair since 2014, with a play space and Mobile Thru lane.
  2. Smalls Sliders, the small-format burger chain, opened in June near the Chick-fil-A pad.
  3. Q39 opens today, August 3, at 240 SW Oldham Parkway. The Kansas City barbecue restaurant's fourth metro location is its largest yet at nearly 10,000 square feet and about 223 seats, with four Southern Pride smokers, a butcher room, two bars, and a private 40-seat Rob Magee Room named for the late founder.
  4. Costco Wholesale opens August 28 at 10 SE Oldham Parkway. According to the City of Lee's Summit, the store's opening date is confirmed for late August, on a 166,000-square-foot prototype sitting on about 24 acres, with a separate fuel facility and close to 900 parking spaces.

Read that list again and notice what it isn't. It isn't four restaurants. It's a full-service barbecue destination, a family fast-food anchor, a slider concept aimed at the same lunch crowd, and a warehouse club whose gas pumps alone will reshape traffic patterns. Those are four different reasons to be at the same intersection.

The tenants under construction are the tell

What's still framed up matters more than what's open, because it tells you what the developer thinks this corner is becoming.

A Five Four Drafthouse location is going up in Oldham Village with pickleball courts, golf bays, scratch-made food, bag toss, and an outdoor patio, according to Drake Development's own posts and the city's application file. A Club Car Wash is under construction next to Chick-fil-A. And on the public-sector side, the Lee's Summit Parks and Recreation Board awarded a construction bid of roughly $24.1 million for an indoor recreation complex in Oldham Village, expected to run about 100,000 square feet with 10 sports courts, meeting areas, and administrative space.

That last one is the sleeper. A ten-court indoor facility doesn't get built for weekday errands. It gets built for youth basketball, volleyball tournaments, pickleball leagues, and the kind of Saturday-morning traffic that used to leave Lee's Summit to reach a court in Independence or Shawnee. When it opens, the corner has recreation, food, groceries, gas, and a car wash inside a five-minute walk.

"For me as mayor, it's full circle, because it's the culmination of what we've been talking about while I've been mayor, economic development-wise," Mayor Bill Baird said in December, calling the location "the heart of our community."

A politician calling any project "the heart" of a city is not usually a data point. In this case it's a signal, because the same council that heard that framing then approved a tax increment financing package that sends 50% of property and economic activity taxes back into reimbursable project costs for 23 years. That's a long horizon and a real commitment.

What this means for a normal Saturday

The residents this rearranges most are the ones with a fixed weekend loop. If your usual is coffee downtown, errands at Summit Fair, and dinner near Douglas, the Oldham corner doesn't replace any of it. It compresses two or three of those errands into one stop.

A short list of pairings that now make sense that didn't in January:

  • Costco run followed by an actual sit-down lunch at Q39, without leaving the parking network
  • Pickup at Chick-fil-A while a kid finishes a court game at the future rec complex
  • Weeknight pickleball at Five Four with a drink after, ten minutes from most Lee's Summit neighborhoods east of View High
  • A car wash between the grocery run and the drive home, in the same light cycle

None of those are exotic. They're the kind of stacked errands that quietly determine which parts of a city grow and which drift.

What's happening downtown, and why the two stories are connected

Green Street isn't emptying. The Lee's Summit History Museum's Remembering Lee's Summit series at Bridge Space continues through the year, with sessions on August 13, October 8, and December 10. The Boos, Barks & Badges Halloween parade returns October 20. Third Street Social and the rest of the downtown restaurant strip are still there.

But Downtown Days, the anchor summer event that has run since 1989, is ending after 2026. The Downtown Lee's Summit Main Street board cited safety as the reason, following an incident during this year's festival. The board's statement points toward "new events" for the community's next chapter without naming them yet.

That gap doesn't mean downtown is fading. It does mean the city has, at least temporarily, one fewer high-attendance summer weekend on Green Street and one new corner absorbing the casual foot traffic that a big-tent festival used to concentrate for three days a year.

A note for residents already here

Two things are worth knowing before the honeymoon phase ends.

First, the traffic study. City engineer records indicate Lee's Summit plans to conduct a formal traffic study after Costco opens, in coordination with MoDOT. The developer's civil engineer, Matt Schlicht of Engineering Solutions, has publicly said he doesn't expect a significant clash with highway patterns, but the honest answer is nobody knows what a 900-space Costco combined with a Q39 dinner rush looks like at this interchange until it happens. Late August will be the first real stress test.

Second, the housing side of East Village. Phase 1 includes two apartment complexes, one at 320 units and one at 250, plus townhomes in later phases. That is meaningful new rental supply within Lee's Summit R-7 school boundaries, and it will show up in rental comps before it shows up in resale comps. If you own within a mile or two of Oldham Parkway, the neighborhood profile changes from "industrial edge" to "mixed-use anchor" in a compressed timeline. That's a positive story for most owners, and a reason to know what your home is worth before the corner's identity fully resets, not after.

The Saturday I'd try first

If you have three hours this weekend and you want to see what the fuss is about without committing to a full afternoon of exploring, here's a working version:

  • Reserve a table at Q39 for an early lunch. Reservations are on their site.
  • Walk the perimeter of the Costco site on the way in. It's still a construction zone until late August, but the scale reads differently on foot than from 291.
  • Drive the eastern edge along Bailey Road to see where the Phase 2 rezoning ends.
  • Loop back through downtown for coffee at your usual spot. The contrast between the two ends of the city is the point.

Lee's Summit isn't trading one center for another. It's growing a second one, and the second one is coming online on a schedule that most residents will feel by Labor Day.

If you own nearby and are trying to figure out how a rezoned corner, an incoming Costco, and 570 planned apartment units factor into what your home is worth this fall, that's a conversation worth having with someone who lives and works in this market. Andrea Plowman is happy to walk through a current valuation and what the East Village timeline means for your specific street. Schedule a consultation when you're ready.

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