State of Downtown KC - 2018

Issues concerning Downtown as described by the Downtown Council. River to 31st Street, I-35 to Bruce R. Watkins.
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earthling
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State of Downtown KC - 2018

Post by earthling »


- Greater Downtown Population Estimates/Projections: 10K 2000; 13K 2010; 25K 2017; 27K 2018; 31K 2020

- 41% of Downtown residents are Millennials (roughly, ages 20-36); a greater share of the population of Kansas City, Mo., or the metropolitan KC area

- Downtown KC’s Millennial population is very comparable to our U.S. peer cities

- 74% of all Downtown residents are younger than Baby Boomers (ages 53-71)

- Downtown has the highest job density in the metropolitan area with more than 81,000 jobs, as of 2015. Given that, less than 1 percent of the city’s landmass generates 27 percent of its employment opportunities.

- Employees in Downtown collectively earn more than $3.5 billion in total annual wages; in earning tax alone, that amounts to $35 million in revenue to the city annually
There is more sub-category detail to click on within this report...
https://dashboards.mysidewalk.com/state ... -kcmo/home

Collison has a good summary...
https://cityscenekc.com/new-report-find ... -downtown/
earthling
Mark Twain Tower
Mark Twain Tower
Posts: 8519
Joined: Sun Sep 11, 2011 2:27 pm
Location: milky way, orion arm

Re: State of Downtown KC - 2018

Post by earthling »

Downtown employment needs a lot of work. 80Ks is rather low compared to the over 100K that was reported 15+ years ago. Downtown office vacancy is improving mostly due to office/residential conversions outside small companies moving in here and there (and Feds). DT job growth could continue a slow pace if office developers don't step up to the plate with spec building and/or if larger suburban employers looking to move ignore downtown. If DST sale hits jobs hard, hitting 100K employment downtown could take a while.

More retail is needed too but that should grow naturally as the residential growth pace is decent enough. What will it take to grow downtown jobs w/out incentives?
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