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New Jobs Driving Growth in Kansas City

KANSAS CITY—According to DTZ, a big boost in jobs has lifted both the downtown and the increasingly vibrant industrial and office markets in the suburbs.

By Brian J. Rogal | Updated on March 25, 2015

KANSAS CITY—The big economic story of 2014 was certainly the healthy expansion in jobs, and according to a new report by DTZ, the Kansas City region generated 22,300 new jobs during the year and all of its commercial real estate sectors benefited. And even though the most impressive growth was in the industrial and office markets in the surrounding suburbs, the downtown is also undergoing a revival.

“There is a great deal of activity taking place in the downtown’s residential market,” Carolyn Bagnall, director of research at DTZ in Kansas City, tells GlobeSt.com. “There is also a fair amount of new retail activity in the downtown. It is much more healthy and active than it was a decade ago.”

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