Salina, KS

Now: 44 °

Currently: Cloudy

Hi: 51 ° | Lo: 28 °

Report: Little industrial space for Lawrence job growth

KSAL StaffJanuary 20, 2017

A recent report from a real estate agency says a lack of industrial inventory in Lawrence is hurting the city’s prospective job growth.

The Lawrence Journal-World (http://bit.ly/2jGXcde) reports Colliers International presented the market report Thursday, saying there are only 14 vacant industrial spaces in the city. According to the report the year-end industrial vacancy rate for 2016 was 2.3 percent, making it difficult for potential businesses to take shape and existing businesses to expand.

Panelist Tim Cowden says the lack of already built space in Lawrence makes the city less competitive with other areas.

The report also lists some positives about the city that boosts economy such as its schools, parks and neighborhoods.


Information from: Lawrence (Kan.) Journal-World, http://www.ljworld.com.

Copyright © Rocking M Media, 2017. All Rights Reserved. No part of this story may be reproduced without Rocking M Media’s express consent.

CATEGORIES :

COMMENTS

RELATED POSTS

Rapid Algae Growth

September 15, 2017 11:13 am

STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Jones Inaugurated as Beth...
December 15, 2017Comments
Over 50,000 Lights Will A...
December 15, 2017Comments
Smoky Hill River Renewal ...
December 15, 2017Comments
Salina Crime Stoppers 12-...
December 15, 2017Comments

LATEST TWEETS

Read all tweets
© 2007 - 2017