Kansas City Southern, a transportation holding company that has railroad investments in the US, Mexico and Panama, and NorthPoint Development, a Kansas City based real estate development, management and leasing firm that is principally focused on industrial, multi-family, and self storage markets across the United States, formed a joint venture. Financial terms were not disclosed. “Wylie is a supportive, pro-business municipality partnering with a unique Class I intermodal facility that has the best direct connectivity to the growing east coast ports. Couple this with exceptional demographics from an eCommerce demand and the great labor pool that this development requires and you have all of the ingredients for a very successful project," Chad Meyer, NorthPoint Development President and Founding Partner.