Development plans in Kansas City north of the Missouri River are fueling a boom in residential building permits that could make 2016 rival 2006, the last peak year for the city’s housing growth.
According to new data from the city’s Planning and Development Department, single-family and multi-family building permits issued in January through September this year have exceeded the pace set in 2015.
The 2016 authorization through September totaled 2,454 compared to 2,251 over the same nine months in 2015. If the same fourth-quarter spurt occurs as in the last three years, 2016 could become another peak year.
Across the metro area, multifamily construction units far outpace single-family units. From January through September, 1,802 of the 2,915 permits have been for multifamily units and 652 for single-family dwellings.
Read more: Kansas City Star