The Downtown Kansas City Council just released their annual Economic Impact report, you can find a PDF of it here.

Here are a few highlights on the impact of a $4 billion transformation of the city’s urban center.

Residential Statistics

• 861 units completed in the last 4-5 months
• 988 units under construction
• 2,649 units planned
• Since 2005, 630 affordable housing units have been completed.
• Over 16,000 residents live Downtown.
• Population of downtown expected to grow on a yearly basis through 2030 after negative growth from 1970-2000
• Between 2000 and 2006, the number of residential units Downtown increased 50 percent, a $630 million investment Downtown.

Most Expensive Projects Since 2006

• IRS Regional Service Center – $370,000,000
• Power and Light District – $350,000,000
• Kaufmann Center for the Performing Arts – $326,000,000
• Sprint Center Arena – $251,000,000
• Federal Building – $200,000,000
• Federal Reserve Bank – $200,000,000
• Kansas City Star Printing Press – $199,000,000

Business Statistics

• There are approximately 3,000 businesses Downtown, employing 100,000 people.
• Approximately 35% of Kansas City, MO employees and 10% of the MSA’s employees work Downtown.