New Building Permits
Although new building permits being issued around the Kansas City area are admittedly much lower than they were five years ago, reason for optimism still exists. According to the Home Builders Association of Greater Kansas City, a significant number of permits are still being issued, both for single-family and for multi-family units. In the eight counties within the greater Kansas City area, total building permits issued in September, 2011, range from a low of 21 in Miami County, Kansas, to a high of 1,142 in Johnson County, Kansas. Since spring of 2011, the permits issued have remained fairly steady from month to month. Just the fact that so many permits are still being issued is cause for optimism.
In our own little corner of the world, Raymore accounted for over 39% of the new permits issued in Cass County, Missouri for the month of September. With new residential rooftops comes the prospect of new commercial businesses. Currently, Raymore has three new sizeable businesses either recently opened or currently under construction. Thirsty Ernie’s Sports Bar & Grill opened on October 10, 2011, and a new Firestone Tire and Auto Center along with Perazelli’s Restaurant are currently being built and are both scheduled to open soon. Belton currently has a new Price Chopper under construction as well.
As you can see, both residential and commercial development is occurring, albeit more slowly than it was five or six years ago. We believe that this trend will continue and will soon begin to accelerate. So there is room for optimism. The glass is not half empty . . . it is half full if you choose to view it that way! As the great Albert Einstein once said, “In the middle of difficulty lies opportunity.” Let’s continue to take full advantage of that opportunity.
This is not intended to be nor should it be construed as legal advice. For more information, please contact us.
Copyright 2011: The Klinkenberg Law Firm, LLC, all rights reserved.