How the Meta Data Center Will Affect KC Real Estate
You may have heard that Meta (formally known as Facebook) has chosen Kansas City, specifically the Kansas City Northland, as the location for its newest data center. This data center is an $800 million project and is said to bring in 100 new jobs and over 1,000 construction jobs while the campus is being built. So with so many new jobs and people, how will this affect KC Real Estate?
Photo by Dima Solomin on Unsplash
With the facility set to be located at U.S. 169 and Interstate 435, there are many incredible neighborhoods that are close in proximity and offer a great family friendly atmosphere with wonderful amenities and beautiful homes. We recently did a breakdown of some of the neighborhoods in this area in our blog, Work With a Top Kansas City Northland Real Estate Team.
Neighborhoods like Bristol Park, Fairfield, Silverbrooke and Embassy Park are neighborhoods the Dani Beyer Real Estate team is very familiar with because of homes we’ve helped clients buy and list in these areas.
The impact that bringing Meta to Kansas City will have on the local economy are many on large and small scales. When bigger companies like Meta choose a place like Kansas City to land, they’re laying the groundwork for other tech companies and data centers to follow suit.
Another boost to the economy is how it will affect KC Real Estate. In addition to the neighborhoods mentioned above, this project will also entice builders to start developing more land in this area as new families are expected to move in for employment at this data center. This will continue to help all of our sellers get top dollar for their homes as the area will become more valuable.
Another angle that investors should consider is what this will do for the temporary housing game. This project is expected to take two years. As construction crews bring in over a thousand workers, this could mean bringing in employees that live outside of the Kansas City area and are just here to work on this project. This is a great time to snatch up rental units and get them prepped for out-of-town construction renters and corporate rental units. The spectrum will be wide for the time of renters and timeframe of renters.
Whether you’re an investor, buyer or seller, you want to make sure that you’re working with the best Kansas City real estate agent that knows the KC real estate market. A perk is being familiar with the Kansas City Northland, and our team is the top resale agent in some of the Northland zip codes. Out of 12,000+ agents in the Kansas City Metro, the Dani Beyer Real Estate team is constantly in the top 1%. Our listings sell faster and for more money that the market averages, and our buyers can have full confidence in the connections of our buyers’ agents along with their strong negotiation skills. Choose Dani Beyer Real Estate for all of our KC real estate needs during this exciting addition to the Kansas City Northland.
