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Belton

Comprehensive Plan
Steering Committee
Analysis Review Meeting
August 28th, 2023
Meeting Agenda
01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?


01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

01 Project Scope & Schedule


Project Scope
« Five phase process
WE ARE HERE BRAINSTORMING

Phase One Phase Two Phase Three Phase Four Phase Five
Existing Public and Establishment of Draft Plan + Final Plan +
Conditions Stakeholder Vision, Goals, + Key Evaluation Adoption
Assessment Engagement Recommendations
Project Scope
Phase One – Existing Conditions Assessment
« Pre-Kick-Off Meeting with City Staff / June 20, 2023

« Communications and Public Outreach Plans

« Kick-Off Meeting with Steering Committee / July 31, 2023

« Data Gathering and Existing Conditions Analysis

« Project Branding

« Project Website Launch

« Analysis Review Meeting with Steering Committee / August 28, 2023

« Analysis Review Joint Workshop with Planning Commission + City Council /


August 31, 2023
Project Schedule
Big Picture Schedule
WE ARE HERE
01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

02 Logo + Website Reveal


Logo Reveal
Website Launch
https://engage.thinkconfluence.com/belton-comprehensive-plan
01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

03 Physical Profile
Physical Profile
Base Map Kansas City Grandview

« 14.25 square miles

« Incorporated in 1872

« Located in the
southern portion of the
KC Metro

« Loch Lloyd, Grandview, Loch Lloyd Raymore


and Raymore are
immediate neighbors
Physical Profile
Existing Land Use Map Kansas City Grandview

« Predominantly a
residential-based
community

« Commercial uses located


along main corridors in
town

« Several public/semi- Loch Lloyd Raymore


public uses
Physical Profile
Existing Land Use Map

Low-Density Residential 35.4%

Ag + Open Space 31.2%

Commercial 8.2%

Public/Semi-Public 7.6%

High-Density Residential 4.6%

Parks and Recreation 5.2%

Medium-Density Residential 2.6%

Business Park 2.2%

Planned Residential 1.7%

Industrial 1.4%

0% 5% 10% 15% 20% 25% 30% 35% 40%

Land Use Fun Fact: Of Belton’s estimated


618 acres, 13% of it is occupied by churches
Physical Profile
Existing Residential Kansas City Grandview
Land Use Map

Loch Lloyd Raymore


Physical Profile
Residential Total Values Kansas City Grandview

« Average: $155,643

« Historic homes in the


core of Belton have lower
values

Loch Lloyd Raymore


Physical Profile
Streams + Waterbodies Kansas City Grandview

« Only Type 2 Intermittent


Streams present in the
community

« Waterbodies: lake/ponds

Loch Lloyd Raymore


Physical Profile
Parks and Recreation Kansas City Grandview

« Recommended Level of
Services – 10.5 acres/ 1,000
residents
« Belton’s existing LOS: 9.8 Markey Park Wallace Park

« Incorporation of trails at
existing parks Somerset Park

Cimarron Trails Park


Loch Lloyd Raymore

Country View Park


Smoot Peace Park

Memorial Park
Cleveland Lake +
Dryden Arboretum
01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

04 Infrastructure + Transportation
Infrastructure Overview
Water Infrastructure
« Water is currently
purchased from KCMO-
sourced from the Missouri
River

« Currently 150 miles of


water lines

« Service trunks include N


Scott Ave, 58 Highway, and
branches out with
significant capacity to
Markey Business Park.
Infrastructure Overview
Stormwater
Infrastructure
« Currently 60 miles of storm
sewer lines

« City has been investing in


curb and gutter to better
handle storm waters.
« Can build on this with
more storm sewers,
especially in older
parts of town (Old
Towne Belton, West
Belton, and Hardee
Meadows areas)
Infrastructure Overview
Sanitary Sewer
Infrastructure
« Currently 136 miles of
sanitary sewer lines

« Divided into two basins


« Roughly half flows to
Belton’s wastewater
treatment facility
« The other half flows to
the Little Blue Valley
Sewer District
treatment facility
Infrastructure Overview
Transportation
Infrastructure
« Currently more than 122
linear roadway miles within
city limits

« I-49 AADT (between 155th


and 163rd) = 86,689

« North Scott Ave AADT


(between 155th and 58
Highway) = 9,939

« 58 Highway AADT
(Between N Scott and
163rd) = 17,537
01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

05 Market Analysis
Market Analysis
Today’s Topics
« Demographics

« Housing Market & Demand

« Employment & Commercial Markets

« Next Steps
Market Analysis
Key Questions for Belton
« How has Belton changed over the years? In
terms of population, age, household
composition, income, etc.?

« How much growth can Belton expect by 2050?


In terms of population, housing and
employment?

« Where should this growth be concentrated?


Infill vs greenfield

« What are the regional and local trends in the


housing market? In terms of supply, cost, and
competition?

« What is the potential for new commercial


development in Belton? For retail and
otherwise?
Market Analysis
Belton in the Kansas City Region
Belton is situated at the southern
edge of Kansas City’s urbanized area.
It sits at the northern edge of Cass
County alongside growing suburbs
Raymore and Peculiar, while the
southern part of the county is more
rural.
Data for regional peer communities
Raymore, Peculiar, Grandview, Blue
Springs, and Parkville (highlighted in
left) are included throughout the
following analysis.
BELTON

CASS COUNTY
Demographics
Market Analysis - Demographics
Population Growth

BELTON POPULATION, 1960-2020 ANNUAL POPULATION CHANGE 2010 – 2022 (EST.)


US DECENNIAL CENSUS, 1960-2020 US DECENNIAL CENSUS, 2022 CENSUS POPULATION ESTIMATES

30,000 12.0%
3.7%

25,420

Average Annual Growth Rate


25,000 23,953 10.0%
23,116
21,730

20,000 8.0%
Population

2.2%
15,000 6.0%
1.9%

10,000 4.0%
1.0%
5,000 2.0% 0.8%
0.7%
0.4%
- 0.0%
1960 1970 1980 1990 2000 2010 2020 2022

Population Average Annual Growth Rate BELTON PECULIAR PARKVILLE RAYMORE GRANDVIEW BLUE KANSAS
SPRINGS CITY MSA

Growth was modest through the Belton has grown at a similar rate to the Kansas
2000s, but has seen an annual growth City metro, but at a slower rate than nearby
rate of 3% since 2020 Peculiar and Raymore since the 2010 U.S. Census
Market Analysis - Demographics
ESTIMATED BELTON POPULATION GROWTH, 1990-2050
Population Growth
35,000 HIGH: Population
Growth at 2010-2022
If Belton maintains Rate
its annual 2010-2022 30,375
growth rate of 0.8%,
it will grow by nearly 30,000

5,000 people by 2050 29,756 MEDIUM:


2023 Population: Linear

25,420
27,839
25,000 LOW: Share of
County Growth

20,000

15,000
1990 2000 2010 2020 2030 2040 2050
Source: Decennial Census, 2022 Census Population Estimates, Missouri Office of Administration 2030 County
Population Projection, LCG
Market Analysis - Demographics
Populations by Age
ESTIMATED POPULATION BY AGE BRACKET MEDIAN AGE
AMERICAN COMMUNITY SURVEY, 2021 5-YEAR ESTIMATES, TABLE DP5 AMERICAN COMMUNITY SURVEY, 2021 5-YEAR ESTIMATES, TABLE DP5

BELTON 28% 20% 25% 21% 6%


40.8 40.8
PECULIAR 28% 20% 26% 20% 5% 39.9

PARKVILLE 29% 15% 28% 24% 5%

37.6
RAYMORE 28% 15% 27% 22% 8%
36.8
36.3 36.4
GRANDVIEW 26% 23% 24% 21% 5%
35.4
BLUE SPRINGS 29% 19% 26% 21% 5%

CASS COUNTY 27% 17% 25% 24% 7%

KANSAS CITY MSA 26% 20% 26% 22% 6%

Children & Teens (Under 20) Young Adults (20-34) Middle Age (35-54)
Older Adults (55-74) Seniors (75+)

Belton is slightly younger than the County, Belton has aged slightly since 2010, though
Metro, and most surrounding communities. it is still younger than most of the KC Metro.
Market Analysis - Demographics
Populations by Race & Ethnicity
ESTIMATED POPULATION BY RACE & ETHNICITY
AMERICAN COMMUNITY SURVEY, 2021 5-YEAR ESTIMATES, TABLE DP5

8.9% 7.7% 6.8% 6.1% 7.2% 4.7% Hispanic or Latino


3.2% 9.4%
4.0% 4.3% 14.2% 3.0%
3.9% 4.0% 4.1% 3.5%
2.8% 2.3% 7.9%
4.3% 10.3% 5.0% Two or more races
11.9%
Some other race alone
34.0%
Native Hawaiian and Other
Pacific Islander alone
Asian alone
85.5% 82.5% 86.5%
81.1% 77.4% 80.2%
71.5%
American Indian and Alaska
Native alone
44.2% Black or African American
alone
White alone

BELTON PECULIAR PARKVILLE RAYMORE GRANDVIEW BLUE SPRINGS CASS COUNTY KC METRO

The city is less racially diverse than the metro and peer communities such as
Grandview but is more racially diverse than the county overall.
Belton Comprehensive Plan Update | Existing Conditions DRAFT 31
Market Analysis
EDUCATIONAL ATTAINMENT IN BELTON WITH REGIONAL COMPARISONS
AMERICAN COMMUNITY SURVEY, 2021 5-YEAR ESTIMATES, TABLE DP2

6% 4% 7% 9%
Educational Attainment 12% 11%
14%
15%
18% 30% 14%
19%
• Belton has somewhat lower 22% 22%
10%
rates of formal education 9%
9% 24%

attainment than the regional: 9%


9%
11%
• Bachelor’s Degree or higher: 25%
26%
8%
27%
• Belton: 24% 25%
43%
27%
• Peculiar: 19% 27% 22%

• Parkville: 73%
• Raymore: 34% 35%
34%
34% 5%
32%
• Grandview: 21% 27%
25%
24%
14%
• Blue Springs: 33%
• Cass County: 28% 6%
11% 7% 10%
7% 7%
5% 5%
1%
• KC Metro: 38% BELTON PECULIAR PARKVILLE RAYMORE GRANDVIEW BLUE SPRINGS CASS COUNTY KC METRO

Less than High School High School/GED Equivalent Some College


Associate's Degree Bachelor's Degree Graduate or Professional Degree
Belton Comprehensive Plan Update | Existing Conditions DRAFT 32
Market Analysis - Demographics
Household Composition HOUSEHOLDS BY COMPOSITION
US DECENNIAL CENSUS 2020, TABLE DP1

• Belton’s Household Size: 2.53


5,012
• Cass County: 2.58
• Missouri: 2.46 4,159
• One or more Children: 30%
• Cass County: 30%
• KC Metro: 28%
• One-Person Head of Households: 45%
With Children,
2,046
• 65 living alone: 11% Over 65,
1,048

• Single-Parent households: 8%
• Cass County: 6% With Children,
732

• Missouri: 7% Couple Households One-Person Households

Belton Comprehensive Plan Update | Existing Conditions DRAFT 33


Market Analysis - Demographics
Household Size

BELTON HOUSEHOLD SIZE NUMBER OF BEDROOMS IN BELTON HOUSING UNITS


AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE S2501 AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE DP04

Studio/1
Bedroom, 6%

4+ People, 1 Person, 4+ Bedrooms,


23% 25% 22%
2 Bedrooms,
17%

3
People,
17%
2 People,
35% 3 Bedrooms,
56%

Over half of Belton’s households are made up There is potential demand of smaller units shown by
of one or two people the comparatively small proportion of one and two
bedrooms relative to household size
Belton Comprehensive Plan Update | Existing Conditions DRAFT 34
Market Analysis - Demographics
Household Tenure
TENURE IN BELTON WITH REGIONAL COMPARISONS, 2020 CHANGE IN THE NUMBER OF HOUSEHOLDS BY TENURE
US DECENNIAL CENSUS, TABLE DP1 2000 – 2020
US DECENNIAL CENSUS

58.4%
19% 22%
27% 24%
31%
37% 36%
52%
41.4%

81% 78% 25.0%


73% 76%
69%
64% 64%
17.3%
48% 15.4%

-0.1%
BELTON PECULIAR PARKVILLE RAYMORE GRANDVIEW BLUE CASS KC METRO
SPRINGS COUNTY ALL HOUSING OWNER RENTER ALL HOUSING OWNER RENTER

Owner-occupied Renter-occupied BELTON KC METRO

Belton’s has a higher proportion of renters Renter-occupied housing has grown faster
(37%) compared to most peer communities than the metro average.
Ownership has remained flat.
Belton Comprehensive Plan Update | Existing Conditions DRAFT 35
Market Analysis - Demographics
Household Income
BELTON MEDIAN HOUSEHOLD INCOME WITH REGIONAL COMPARISONS, BELTON AND CASS COUNTY INCOME DISTRIBUTION, 2021
2010-2021 AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE B19001
AMERICAN COMMUNITY SURVEY 5-YEAR ESTIMATES, TABLE S2503

18%
$80,000
16%
$75,000 Belton
14%
Cass County
$70,000 12% Belton
Missouri
$65,000
10% Cass County
8%
$60,000
6%
$55,000 4%
2%
$50,000
0%
$45,000

< $10,000

$10k - $15k

$15k - $20k

$20k - $25k

$25k - $30k

$30k - $35k

$35k - $40k

$40k - $45k

$45k - $50k

$50k - $60k

$60k - $75k

$75k - $100k

$100k - $125k

$125k - $150k

$150k - $200k

$200k +
$40,000
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Belton incomes have increased over the past Belton is mostly a middle-income city — with
decade (with a slight dip in 2019) at similar fewer very low-income residents or residents
rates to the state and county making over $100,000 than the county
Belton Comprehensive Plan Update | Existing Conditions DRAFT 36
Market Analysis - Demographics
Household Income
PER CAPITA INCOMES IN BELTON WITH REGIONAL COMPARISONS, 2021 MEDIAN HOUSEHOLD INCOME BY TENURE IN BELTON, 2010-2021
AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE DP03 AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE S2503

$36,072

$74,610 $76,924

$67,213
$60,097 $61,043
$56,387 $54,814
$33,770 $50,422
$46,262
$37,188

$32,300

Belton (All Belton (Ownership Belton (Renter Cass County Missouri


Households) Households) Households)
Belton Cass County Missouri 2010 2021

Per capita (per person) incomes are lower Median household incomes have risen 33%
in Belton than regional and state since 2010 compared to 28% in the county.
averages.
• Owner-occupied: 32% increase
• Renter-occupied: 47% increase
Belton Comprehensive Plan Update | Existing Conditions DRAFT 37
Market Analysis - Demographics
Household Income/Wages REGIONAL INCOME, 2020
US CENSUS LEHD ON THE MAP, BUREAU OF LABOR STATISTICS

• This map shows both residential


density and wage levels across
the metro.
• Higher wages are skewed
towards the suburban edges,
especially to the west, north, and
southeast.
• Though wages are higher in
southern suburbs compared to
central city, density is far lower

Belton Comprehensive Plan Update | Existing Conditions DRAFT 38


Housing Market & Demand
Market Analysis – Housing Market
Housing Production

TYPES OF HOUSING PERMITTED BY JURISDICTION 1992 - 2021


US DEPT OF HOUSING AND URBAN DEVELOPMENT, 2021

BELTON RAYMORE GRANDVIEW CASS COUNTY

4,310 8,196 1,749


TOTAL TOTAL TOTAL 22,840
UNITS UNITS UNITS TOTAL
UNITS

Single family units


2-4 units
5+ units

Belton Comprehensive Plan Update | Existing Conditions DRAFT 40


Market Analysis – Housing Market
TYPES OF HOUSING PERMITTED IN BELTON 1992 - 2021
Housing Production US DEPT OF HOUSING AND URBAN DEVELOPMENT, 2021

800

700

600

500

400

300

200
Single family units
2 units
3-4 units 100
5+ units

Belton Comprehensive Plan Update | Existing Conditions DRAFT 41


Market Analysis – Housing Market
Housing Cost
HOME SALES PRICE AND MULTIFAMILY RENT IN BELTON, 2012-2022 CHANGE IN RENT, HOME VALUE, AND INCOME IN BELTON, 2010-2021
REDFIN (SALES DATA), COSTAR (RENT DATA) AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLES S2503, DP04, ZILLOW

$300,000 $1,200 20%


Average Multifamily
Rent Per Unit $974 15%
$250,000 $1,000

Average Multifamily Rent Per Unit


10%
Average Home Sale Price

$200,000 $800
$242,719 5%

$150,000 $600
Average 0%
Home Sale
Price
$100,000 $400 -5%

-10%
$50,000 $200
-15%
$0 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Median Gross Rent Zillow Home Value Index Median Household Income

Home sale prices have more than In recent years, home values and rents have
doubled since 2012, with rents showing a both outstripped household income growth.
more moderate increase.
Belton Comprehensive Plan Update | Existing Conditions DRAFT 42
Market Analysis – Housing Market
Housing Affordability

MEDIAN HOUSING AFFORDABILITY IN BELTON, 2021 HOUSING AFFORDABILITY AT DIFFERENT INCOME LEVELS, BELTON 2021
AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE S2503, REDFIN, FREDDIE MAC, LCG AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE S2503, REDFIN, FREDDIE MAC, LCG

$300,000 $400
Household Income ($1,000s) House Price ($1,000s) $361

$250,000 $242,331 $350


$215,713
$300
$200,000 $270
Median Sales
$250
Price ($215K)
$150,000
Average $200 $180
Home Sale
$100,000 Price Median
$150 Household
$67,213
$59,830 Income ($67K)
$100
$50,000 $100 $90
$75
$50
$50
$- $25
Median Household Income Needed To Median Sales Price Maximum Home Price
Income (2021) Afford Median Home (2021) Affordable to Median $-
Household

In 2021, the average Belton household ($67,213 MHI) The average household can afford a more expensive
could afford the average home ($215,713 sales price). home than what’s currently available in Belton.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 43


Market Analysis – Housing Market
% HOUSEHOLDS BY
Cost Burdened Households INCOME BRACKET:

A majority of households with


COST BURDENED HOUSEHOLDS BY INCOME BRACKET
incomes under $35,000, 20% of AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE S2503, B19001

City households, are estimated


44%
to be cost-burdened in Belton,
$75,000 or more
or to spend more than 30% of
income on rent and utilities.
Belton

Levels of cost burden are slightly $50,000 to $74,999


KC Metro
higher among lower-income
households compared to the 22%
$35,000 to $49,999
metro.

$20,000 to $34,999
15%

12% Less than $20,000

8% 0% 20% 40% 60% 80% 100%

Belton Comprehensive Plan Update | Existing Conditions DRAFT 44


Market Analysis – Housing Market
Single Family Housing Production
• Belton has seen fewer new single-family
homes built compared to its neighbors.
• 20 homes built and sold in the last two
years.

SALES OF RECENTLY-BUILT (2021 - 2022)


SINGLE FAMILY HOMES
REDFIN, 2023
204

157

91

61

20 21
Built 2021
Built 2022 - Present
Belton Peculiar Parkville Raymore Grandview Blue Springs

Belton Comprehensive Plan Update | Existing Conditions DRAFT 45


Market Analysis – Housing Market
Single Family Housing Production

• Housing in Belton is mostly priced in the


$300,000 to $400,000 range.
• The highest value housing is being built in
Raymore and Parkville.

AVERAGE SALES PRICE


NEW CONSTRUCTION (2021 - 2022) HOMES
REDFIN, 2023

$542,683

$458,176
$397,163
$368,907 $357,940
$300k or less
$298,067
$300k - $400k
$400k - $500k
$500 - $750k
$750k+

Belton Peculiar Parkville Raymore Grandview Blue Springs

Belton Comprehensive Plan Update | Existing Conditions DRAFT 46


Market Analysis – Housing Market
Housing Supply
TYPE OF HOUSING UNITS IN BELTON, 2021 AGE OF HOUSING IN BELTON, 2021
AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE DP04 AMERICAN COMMUNITY SURVEY 2021 5-YEAR ESTIMATES, TABLE DP04

Mobile Homes,
8% 2010 or later, 9% Pre-1950, 4%

5+ Units, 6%
9,847 Total
3-4 Units, 5%
Housing 1950-1969, 21%

Units
2-Unit, 2%

1990-2009, 35%

1-Unit, 79% 1970-1989, 31%

• 80% of Belton’s housing supply is in single- Over half of Belton’s housing was built prior to
unit dwellings 1990.
• Multifamily (5+ units) accounts for only 6% of 9% of housing built since 2010
total housing supply
Belton Comprehensive Plan Update | Existing Conditions DRAFT 47
Market Analysis – Housing Market
Single Family Housing Production

• The oldest homes are found in Old


Town and the central part of the
city
• Growth in the 1990s and into the
2000s spread east, eventually
across Interstate 49.
• Newest housing construction has
occurred in subdivisions to the
east of Belton’s historic core.

Pre-1950
1950 - 1969
1970 – 1989
1990 – 2009
2010 or Later

Belton Comprehensive Plan Update | Existing Conditions DRAFT 48


Market Analysis – Housing Market
Single Family Housing Production

• The majority of homes sold in


the last five years have sold for
$300,000 or less.
• Most new construction also
sold for less than $300,000,
with some approaching
$400,000 in the newer Cherry
Hill and Traditions subdivisions

$300k or less
$300k - $400k
$400k - $500k
$500 - $750k
$750k+

Belton Comprehensive Plan Update | Existing Conditions DRAFT 49


Market Analysis – Housing Market
Detached Single Family Housing Types
AVERAGE LOT SIZE OF ALL NEW HOMES SOLD, 2018-2022
REDFIN, 2023
The average lot size for new
homes in Belton built in 2023 to
date was about 10 percent less 11,156
than the average size five years
prior, and slightly smaller than 10,493 10,549
10,360
Raymore’s average of 10,677.

9,490
Chart excludes square footages for
homes developed on sizeable
acreages just outside city limits (7
total properties). 8,398

2018 2019 2020 2021 2022 2023 YTD

Belton Comprehensive Plan Update | Existing Conditions DRAFT 50


Market Analysis – Housing Market
Detached Single Family Housing Types

The dominant housing type in Belton is three or In recent years, lot sizes have started to taper down,
four bedroom homes, many on 0.25 acre or with the average lot size at 10,640 square feet in
larger lots, one or two stories, garage. 2022.

201 Manor Dr 16103 Spring Valley Rd 189 Tanner Dr 740 Connor St


Hargis Gardens Development Georgia Place Development Cherry Hill Villas Development Traditions Development
1958 1993 2020 2023
3 beds / 2.5 baths 4 beds / 2.5 baths 4 beds / 3 baths 4 beds / 3.5 baths
3,808 square feet 1,951 square feet 2,287 square feet 1,816 square feet
0.53 acre lot 0.47 acre lot 0.75 acre lot 6,003 lot sq ft lot
$226,548 $332,279 $425,268 $339,950

Source: Redfin
Belton Comprehensive Plan Update | Existing Conditions DRAFT 51
Market Analysis – Housing Market
Attached Single Family Housing Types

• 7% of housing in Belton is 2-4 units, and


considered “middle housing”
4-Plex
• Typical duplex or townhome style is one- 415 Tumbleweed Pl
or two-story duplex with garage Eagles Crest
2019
• Mostly rental product 3 beds / 2.5 baths
Source: Redfin 1,400 square feet
$253,500

Duplex
7609 E 165th St
Summerset Hills 6-Plex
Development 1503 Sycamore Dr
2000 Traditions Senior Villas
2 beds / 2 baths 2023
1,032 square feet 2 beds / 1 baths
Source: Zillow
$205,100 Source: LiveatTraditions.com 1,410 square feet
Belton Comprehensive Plan Update | Existing Conditions DRAFT 52
Market Analysis – Housing Market
Multifamily Housing Production

• Above-average for multifamily


construction over the past decade except
for Raymore to the east

MULTIFAMILY HOUSING UNITS BY YEAR BUILT


COSTAR, 2023
2,692

1,907

1,162
949
752
593 608
444 456 463
318 349
181
4 64 20 - 59

pre-2012
Pre-2000

2000-2010

Pre-2000

2000-2010

Pre-2000

2000-2010

Pre-2000

2000-2010

Pre-2000

2000-2010

Pre-2000

2000-2010
Since 2010

Since 2010

Since 2010

Since 2010

Since 2010

Since 2010
post-2012
pipeline
Belton Peculiar Parkville Raymore Grandview Blue Springs

Belton Comprehensive Plan Update | Existing Conditions DRAFT 53


Market Analysis – Housing Market
Detached Single Family Housing Types
• Zooming in to Belton shows older
pre-2012
apartment supply primarily to the post-2012
west pipeline

• Newer projects nearer to Interstate


49
• Density ranges from 9 to 17 units
per acre, with lower density projects
being townhomes

The Encore Center 301 Traditions 205 Cunningham


322 units 306 units Townhomes Industrial Pkwy
2022 2023 92 units 32 senior units
17 units/ac 18 units/ac 2016 2016
10 units/ac 9 units/ac
Belton Comprehensive Plan Update | Existing Conditions DRAFT 54
Market Analysis – Housing Market
Potential New Housing Types

NARROW LOT + SMALL FOOTPRINT HOUSING “POCKET NEIGHBORHOOD” COTTAGE STYLE HOUSING

Belton Comprehensive Plan Update | Existing Conditions DRAFT 55


Market Analysis – Housing Market
Potential New Housing Types

DUPLEX SINGLE-LEVEL PATIO HOMES / VILLAS

Belton Comprehensive Plan Update | Existing Conditions DRAFT 56


Market Analysis – Housing Market
Potential New Housing Types

TWO-STORY TOWNHOMES THREE-STORY TOWNHOMES


STREET PARKED OR GARAGE IN REAR WITH GROUND FLOOR GARAGE

Belton Comprehensive Plan Update | Existing Conditions DRAFT 57


Market Analysis – Housing Market
Potential New Housing Types

TWO-STORY MULTIFAMILY HOUSING THREE-STORY MULTIFAMILY HOUSING

Belton Comprehensive Plan Update | Existing Conditions DRAFT 58


Market Analysis – Housing Market
Potential New Housing Types

SENIOR INDEPENDENT LIVING SKILLED NURSING, ASSISTED LIVING, AND/OR


MEMORY CARE

Belton Comprehensive Plan Update | Existing Conditions DRAFT 59


Market Analysis – Housing Market
Future Market Demand
• Projected demand based on 2010-2022
growth trend population projections 4,955 net new residents
about 180 per year
• Shrinking Average Household Size: down
to 2.53 in 2020 from 2.63 in 2010
• Belton estimated household growth of 1.0% 2,916 net new households
annually through 2050 (annual population about 100 per year
growth of 0.8%)

Generating demand for:


3,060 net new housing
units
About 100 per year

Belton Comprehensive Plan Update | Existing Conditions DRAFT 60


Market Analysis – Housing Market
Residential Mix
Est. Residential Demand to 2050
• Necessary unit demand
Rental Ownership
is distributed across
Other (attached, Attached
income brackets, Total detached, (TH, condo,
tenure (rent vs. own), Household Income Units Apartments mobile, ADU) plex) Smaller lot Larger Lot

and broad product under $35K 570 280 120 70 80 20

types $35-50K 470 130 60 80 140 60


$50-100K 1,070 170 70 160 330 330
• Total New Units: 3,060
$100-150K 570 40 20 80 210 230
• New Apartments: 640 over $150K 390 10 10 50 150 160

• New SF Homes: 1,700 Total Units 3,060 640 270 450 900 800
• Other (including Middle
Housing): 720 Density, units per
net (parcel) acre 16.0 12.0 10.0 5.0 2.0
Net Acres required 550 40 23 45 181 266
Approx. Gross Acres
required 790 57 33 64 258 380

Belton Comprehensive Plan Update | Existing Conditions DRAFT 61


Employment & Commercial Markets
Market Analysis – Employment
Employment by Sector

• Jobs have increased by


7% since 2010

• Decreased in recent
years - 9% since 2018

• Exception of Health Care


and Social Assistance.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 63


Market Analysis 2.2

BELTON JOB TRENDS, 2002-2020

– Employment
US CENSUS LEHD ON THE MAP,
BUREAU OF LABOR STATISTICS
QUARTERLY CENSUS OF EMPLOYMENT AND WAGES
2

Retail Trade
Industry Change 1.8

Industry Specialization in Belton (Location Quotient)


Health care has had the Transportation
and Accommodation and
strongest job growth since 1.6 Warehousing Food Services

2002, 219 employees in 2002


to 1,202 in 2020.
1.4
Construction
Administration &
Belton’s specialized Support, Waste
industries include retail, 1.2
Management and
Remediation
food services, and
transportation. Health Care and
Social Assistance
1
-100% 0% 100% 200% 300% 400% 500%

0.8 Educational
Services

0.6
Job Growth in Belton 2002-2020
For industries employing 200+ in 2020.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 64


Market Analysis – Employment
Commuting Dynamics
COMMUNITY PATTERNS IN BELTON, 2020
US CENSUS LEHD ON THE MAP

• Belton sees a daily outflow of


commuters

• 1,186 residents both living and


working in the city.

• Work-from-Home 6,214 9,934


• As of Spring 2023, the latest
national research suggests
Commuters Commuters
approximately 25% of into Belton out of
workdays nationally are
currently being worked Belton
from home, a number that
appears to be stabilizing. 1,186
Live and work
in Belton
For industries employing 200+ in 2020.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 65


Market Analysis – Employment COMMUNITY PATTERNS IN BELTON, 2020
US CENSUS LEHD ON THE MAP
Commuting Dynamics 2,000

Health Care and Social


1,800
• A large number of Assistance

healthcare employees 1,600 Retail Trade


commute out of the city
• More professional services 1,400
Administration &
and office workers live in Support, Waste
1,200 Management and
Belton than work in Belton.

LIVE in Belton
Remediation

• Other industries are more 1,000

balanced in commuting Construction


800 Accommodation and Food
patterns. Services

600 Transportation and


Warehousing
Professional, Scientific, and
400 Technical Services

Educational
Services
200

0
0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000
WORK in Belton For industries employing 200+ in 2020.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 66


Market Analysis – Commercial Development
REGIONAL COMMERCIAL DEVELOPMENT
Regional Overview COSTAR, PROPERTIES 50,000+ SF

• Belton has been regional hotspot for


industrial development over the past
ten years, along with portions of
southern Kansas City and the
Riverfront Industrial Area.
• Multifamily development has been
more focused to northern reaches of
Kansas City and
downtown/midtown—which is also
showing significant pipeline
development of all types.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 67


Market Analysis – Commercial Development
Belton Overview
• Older commercial along N
Scott and W North
• Belton’s newest commercial
activity is concentrated
near Interstate 49 –
Southview Commerce
Center
• The City shows no pipeline
commercial development

Belton Comprehensive Plan Update | Existing Conditions DRAFT 68


Market Analysis – Commercial Market
Regional Office Distribution
• Office development in Belton has been low
throughout the years, with just over 40,000
square feet developed since 2010

pre-2012
post-2012
pipeline

Belton Comprehensive Plan Update | Existing Conditions DRAFT 69


Market Analysis – Commercial Market
Belton Office Distribution
• Belton lags the region in office
development per person
• Carnegie Village Rehab and Health
Center is the largest office, built
Carnegie Village
2017

pre-2012
post-2012
pipeline

Belton Comprehensive Plan Update | Existing Conditions DRAFT 70


Market Analysis – Commercial Market
Regional Industrial Distribution
• Since 2010, Belton has more then
doubled its amount of industrial
square footage

pre-2012
post-2012
pipeline

Belton Comprehensive Plan Update | Existing Conditions DRAFT 71


Market Analysis – Commercial Market
Belton Industrial Distribution
• Over the past 4 years, development of
the Southview Commerce Center has
created 2,000 new jobs, including the
City’s largest employer, Chewy, Inc.

pre-2012
post-2012
pipeline

Belton Comprehensive Plan Update | Existing Conditions DRAFT 72


Market Analysis – Commercial Market
Regional Retail Distribution
• As in surrounding communities, most retail
was built prior to 2000
• “Right-sizing” retail and attracting desired
businesses are considerations moving forward

pre-2012
post-2012
pipeline

Belton Comprehensive Plan Update | Existing Conditions DRAFT 73


Market Analysis – Commercial Market
Belton Retail Distribution
• Retail in Belton is was
historically concentrated
along N. Scott Avenue
Corridor, while growth since
the 1980s has focused more
towards the 58 Hwy/North
Avenue Corridor
• Other clusters:
• Historic Old Town, with
recent reinvestment and
further infill opportunities
• New center along N Cedar
in Belton Gateway

Belton Comprehensive Plan Update | Existing Conditions DRAFT 74


Market Analysis – Retail Gap BELTON HY-VEE TRADE AREA

Analysis & Future Demand


Understanding Trade Area Geography
• Foot traffic data from Placer ™ allows
for precise trade area determination.
• This map shows home locations
accounting for 70% of all visits to the
Belton Hy-Vee.
• Roughly prototypical 3-mile suburban
supermarket catchment radius –
serving all of Belton, and surrounding
communities underserved by grocery.

PLACER, LCG 2023

Belton Comprehensive Plan Update | Existing Conditions DRAFT 75


Market Analysis – Retail Gap
Analysis & Future Demand
Understanding Trade Area Geography
• Belton’s Price Chopper draws from a
similar, though smaller, area –also
covering shoppers northward into
Grandview.
• Because Raymore has a Price Chopper,
few Raymore households are drawn
to the Belton location of that chain.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 76


Market Analysis – Retail Gap
Analysis & Future Demand
Grocery Store Performance
• The Belton Hy-Vee is the city’s largest
retailer draw in terms of annual foot
traffic with more than 900,000 annual
visits.
• At 12.7 visits per square foot, the Belton
Hy-Vee has lower foot traffic than the
Blue Springs Hy-Vee’s 13.81.
• With smaller store footprints, Price
Chopper groceries generate fewer
visits (but also fewer per square foot
with the exception of Grandview)

Belton Comprehensive Plan Update | Existing Conditions DRAFT 77


Market Analysis – Retail Gap
Analysis & Future Demand
Home Centers
• Both Menards and Home Depot in Belton are
patronized by surrounding communities and
have very expansive trade areas, in addition to
the City residents they serve

Belton Comprehensive Plan Update | Existing Conditions DRAFT 78


Market Analysis – Retail Gap Analysis & Future Demand
Understanding the Trade Area Geography

• The Belton Gateway complex on Markey Parkway,


built in 2017 with renovations in 2022, serves a wide
trade area similar to that of its home centers
• Tenants include Marshalls, Ross, Ulta, Petco, Party
City, Five Below
• Attracts 1.4 million annual shoppers—150% that of
its HyVee—but less than a third of the most similar
center in the peer communities, Adams Dairy
Landing in Blue Springs.
• Yet, the two centers do not compete for shoppers,
as shown here.
• This demonstrates Belton’s role as a regional
commercial hub for the south metro, and how a
unique tenant cluster and positioning can generate
strong destination appeal.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 79


Market Analysis – Retail Gap
Analysis & Future Demand
Understanding Trade Area Geography
• North Scott corridor serves the day-to-day
needs of Belton residents.
• The map shows that trade areas for Dollar
General and Sonic are mostly well within the
three-mile radius of the City’s center.
• Sky Wine and Spirits is an outlier as it serves a
wider market area in Grandview and pockets
to the north of the City, which suggests that
there is potential for capturing untapped
spending for the area if in-demand
businesses are attracted to the corridor.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 80


Market Analysis – Retail Gap Analysis & Future Demand
Leakage and Surplus
• Grocery Stores and Building Material &
Supply Stores show a surplus – indicating
that they are a net spending attractor for
households outside the area.
• Looking at the spending power of
households within a three-mile radius of
Belton, relative to estimated store sales
within the same area, we see substantial
leakage for:
• Health & Personal Care Stores ($16 million)
• Apparel and Accessories ($9 million)
• Fast Food and Fast-Casual Dining ($7
million)
• Department Stores ($6 million)

Belton Comprehensive Plan Update | Existing Conditions DRAFT 81


Market Analysis – Retail Gap Analysis & Future Demand
Demand Estimates
• Combining current trade area leakage with anticipated Belton growth through 2050, we show
total estimated supportable demand for retail space for categories warranting additional
retail stores in the table at right.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 82


Market Analysis – Retail Gap Analysis & Future Demand
Overview
• Expansive trade areas for groceries, home supply and other stores show that
Belton serves as a commercial hub for the south Kansas City metro region.
• Many Belton retailers rely on spending from outside the city, including
surrounding communities underserved by retail, including Grandview and
bedroom communities without significant retail development, including
Raymore and Peculiar.
• The expansive markets for Home Depot, Menard’s and the Belton Gateway
shopping center show that Belton retail has the potential to reach a wider
market for the right offering (although demand in categories such as
clothing and department stores may continue to be satisfied in other regional
communities through the planning horizon).

Belton Comprehensive Plan Update | Existing Conditions DRAFT 83


Market Analysis – Tourism in Belton
Tourism in Belton
• Belton’s position as a regional retail destination
means Belton has potential to attract
additional visitation with the right
attractions.
• Largest existing draws are regional/national
retailers – I.e., Belton Gateway tenants, HyVee,
Menards, Home Depot – local retailers in the
downtown or N Scott do not currently draw
these same visitors.
• How can Belton create a differentiating
attraction via recreation and placemaking?

Belton Comprehensive Plan Update | Existing Conditions DRAFT 84


Market Analysis – Commercial Market
Land Redevelopability
• Citywide, most
“redevelopable”
properties consist of
larger vacant properties
closer to the outskirts of
town as well as infill
opportunities in the
North Scott Corridor
subarea.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 85


Market Analysis –
Commercial Market
N. Scott Redevelopability
• As in seen in other parts of the
City, the properties
considered to have the
highest redevelopment
potential in the North Scott
Corridor are generally limited
to larger vacant properties
• Including the 163rd St. & Givan
project which the City has
recently begun seeking
development proposals for,
intending for mixed use
development.

Belton Comprehensive Plan Update | Existing Conditions DRAFT 86


Market Analysis –
Commercial Market
Study Area Redevelopability
• Potential opportunity sites
are mostly limited to vacant
lots under private or City
ownership.
• How to increase the draw of
Belton’s downtown as an
attractive mixed-use
destination?

Belton Comprehensive Plan Update | Existing Conditions DRAFT 87


01. Project Scope + Schedule Overview
02. Logo + Website Reveal
03. Physical Profile
04. Infrastructure + Transportation Overview
05. Market Analysis

06. What’s Next?

06 What’s Next
What’s Next?
Near-Term
« Existing Conditions Analysis
« Economic Development Analysis
« Sub-Area Plan Site Selection
« Project Branding – Be on the lookout for a survey soon!
« Project Website Launch
« Analysis Review Meeting – August 28th, 2023 at 6:00 PM
« Analysis Review Joint Workshop – August 31, 2023 at 6 PM

Mid-Term
« Stakeholder Interviews + Focus Group Meetings
« Special Event Activities
« Public Visioning Workshop – TBD
« Stakeholder + Public Input Review Meeting – TBD

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