Wednesday, July 24, 2019
DOWNTOWN KANSAS CITY ECONOMY TOWERS ABOVE SUBURBS SEYZ 12TH & OAK FUNDED NONPROFIT!!!
Because of a recent conversation about Downtown KCMO falling behind . . . Some poor soul at MARC was forced to write this . . .
Counter to national trends, KC sees balanced urban and suburban growth
Money line . . .
"If downtown — defined as the area from the Missouri River south to 31st street and from the state line east to U.S. 71 — was a city on its own, it would be one of the fastest growing cities in the metro. Between 2010 and 2017, the population in this area grew from 14,839 to 17,929, a 21% growth rate. This is comparable to, and in fact faster than, the growth rates in some growing small and mid-sized suburbs throughout the metro."
Nevermind this doesn't account for so much KCMO cash pouring into Downtown with very little revenue generated. AND let's not forget that most of the growth is financed & funded by taxpayer subsidy . . . This isn't an apples to apples comparison with the suburbs that enjoy a far more organic tax base.
You decide . . .