Will Kansas City be part of a quiet boom due to the commodities that flow through our region? I really hadn’t thought about it but after having read this post by THE GNOME OF ZURICH INVESTOR my gut reaction is that he may be right. I’ll have to think about it a little longer.
But let me say this. Since Kansas City is a central railway/trucking hub and transportation is a huge part of our economy along with all the agricultural products that come through our town, it does make sense. Think on this and let me know your thoughts.
BBQ Capital | Kansas City Real Estate Investing 
It depends, are the industries growing? If capacity isn’t booming, new commerce isn’t booming but all remaining at a contant level, then no- but if you see corner strips, star bucks, hooters sprouting up corner to corner, then yes… I guess what I am asking is what is the lay of the land (expansion) in and around KC?
Commercial wise everything in Kansas City is still a go. I was just speaking with a commercial agent the other day and he said that warehouse space and industrial were at a premium, especially outside the inner core.
Office space still has high vacancy rates. Retail space has slowed a bit but they are still building on every available corner both on the outer rings and in the “redo” areas of town.
If Starbucks is the yardstick, there have been two that have opened within a mile of me in the last year and another one is due to open within the next couple weeks, also within a mile. How much freaking coffee are people drinking? 🙂
Chris – I think the guy might have made his point. That said, I also agree with him that high-end real estate in your area will likely benefit more than other categories.
This doesn’t mean I think the mainline stuff isn’t about to go up in both KC and Dallas. I am betting they will – just not so much due to rising commodity prices.
Of course, that opinion and my heavily armed Starbucks card will get us some coffee. 🙂
BTW, sounds like I won’t have a problem finding coffee in your neighborhood. 🙂