| Grading Downtown KC: 19 indicators up, 11 down. | ||||||||
| This report card shows how Downtown Kansas City has progressed since the beginning of this decade. The 30 different statistical measures | ||||||||
| were chosen to reflect a wide range of economic and lifestyle activity. | ||||||||
| Category | What measuring | Time period | Statistical data | Good or bad | Notes | |||
| People | Estimated population change | 2000-2007 | up 39 % | good | Downtown's core population is now about 14,600, including the West Side but excluding prisoners and the Longfellow neighborhood. It has added about 600 new residents a year. | |||
| New housing units | 2000-2007 | up 3,978 | good | Downtown Council's tally counts lofts and condos, both rehabs and new construction. | ||||
| Single-family home resale prices | 2002-2007 | up 34 % | good | Average price has gone from $113,800 to $152,700, despite a tough market metro-wide. The increase is three times the local inflation rate. | ||||
| Condo resale prices | 2005-2007 | up 45 % | good | Average resale price has jumped from $182,900 to $264,400, one of the best performance in the entire metro area. | ||||
| Tourists -- total hotel room nights | 2000-2007 | down 3 % | bad | 2007 was the best year since 9/11 for tourists downtown, but still below pre-9/11 level in 2000. So far, the first quarter of 2008 hasn't kept up 2007's pace, despite a big Big 12 tournament. | ||||
| Conventioneer hotel room nights | 2001-2007 | down 42 % | bad | Conventions have been slipping for decades, but 2007 showed the beginning of a rebound. | ||||
| Total workforce | 2001-2008 | up 0.8 % | good | Downtown Council estimates from early 2008 show it's up less than 1,000 total jobs, to about 101,000, with the Power & Light District turning the trend from negative to positive. | ||||
| Rush-hour traffic counts | 2001-2007 | down 6 % | bad | Reflects city public works counts taken at rush hours at eight intersections spread across Broadway, Grand, Main and Oak, in areas not hindered by construction. | ||||
| Cultural event attendance | 2000-2007 | up 10 % | good | Includes Lyric Opera, KC Ballet and Symphony's classical series. Symphony is now setting attendance records. | ||||
| Positive image of downtown | 2002-2008 | up 37 % | good | Polls for The Star asked city and suburban residents whether downtown's image reflected positively on the metro area. The yes answer jumped from 35% to 48%. | ||||
| People category total: | 7 good, 3 bad | |||||||
| Office & business | Total office space | 2001-2007 | up 2 % | good | While H&R Block's headquarters was added, this number isn't bigger because some older space was converted to residential. | |||
| Office vacancy rate | 2001-2007 | up 33 % | bad | Empty office space in downtown buildings has surged to an average annual vacancy rate of 20%. | ||||
| Class A office rental rate | 2002-2007 | up 5 % | good | Rates for downtown's best space just started going up more, but the overall increase stayed below the inflation rate. | ||||
| Class B office rental rate | 2002-2007 | down 2 % | bad | With so much Class A space available, prices for older Class B space were depressed. | ||||
| Share of metro office market | 2001-2007 | down 20 % | bad | Downtown's share of the metro area's Class A & B office market dropped from 39% to 31%. | ||||
| Total businesses | 2000-2005 | up 1 % | good | Data comes from Census Bureau, so it's dated. But it shows the number of businesses rising in Crossroads and Loop, even before the opening of the Power & Light District. | ||||
| Private-sector jobs | 2000-2005 | down 12 % | bad | Again, data comes from Census Bureau, so it's dated. Downtown lost 9,400 in this period after climbing in the late '90s, but has had a few high-profile additions since 2005. | ||||
| Earnings tax revenues | 2002-2007 | up 24 % | good | Data tabulated by city's finance department. Largest likely cause is increasing salaries over time. | ||||
| Hotel room supply | 2000-2007 | down 2 % | bad | Hilton President hotel reopened, but downtown lost the former Convention Center Hotel and smaller boutiques. | ||||
| Hotel occupancy rate | 2000-2007 | down 5 % | bad | Hotel occupancy has been steadily falling this decade; averaged 62.1% in 2000 and was 58.8% last year. In 2008 so far, occupancy is off from 2007, even with the Sprint Center open. | ||||
| Office-business category total: | 4 good, 6 bad | |||||||
| Quality of life | Violent crime | 2001-2006 | down 26 % | good | Crossroads and Quality Hill led the way, down 65% each. Most other sections were down, but the West Side was up. | |||
| Property crime | 2001-2006 | down 36 % | good | Crossroads was down 52%, Crown Center down 49%. Parts of downtown had some of the best per-capita crime declines in the entire city. | ||||
| Feelings of safety | 1998-2007 | up 21 % | good | From KC citizen surveys: On average, 41% feel safe now, compared to 34% a decade ago. | ||||
| Retail shops | 2004-2008 | down 3 % | bad | Downtown Council business directories provide the counts for all 2004-08 comparisons. This decline reflects fewer book, music, women's clothing and convenience stores. | ||||
| Service businesses | 2004-2008 | up 6 % | good | A few more florists, health clubs and photography studios, but fewer auto repair shops. | ||||
| Restaurants | 2004-2008 | up 4 % | good | Newly opened eateries in Power & Light District puts this trend on the positive side of the ledger. | ||||
| Bars & nighclubs | 2004-2008 | up 38 % | good | Includes Power & Light District and symbolizes the big boost in nightlife downtown. | ||||
| Litter index | 2003-2007 | up 4 % | bad | Downtown had been doing better in Keep Kansas City Beautiful's street surveys, thanks to cleanup crews in the Loop. Although 2007 broke that trend, it's likely a statistical anomaly. | ||||
| Art galleries | 2001-2008 | up 63 % | good | One of downtown's big success stories this decade. The Crossroads is now an active arts district. | ||||
| Satisfaction with condition | 2000-2007 | up 70 % | good | From KC citizen surveys: Satisfaction with downtown maintenance & preservation has gone from 27% to 46%. | ||||
| Quality of life category total: | 8 good, 2 bad | |||||||