2024 KCADC Annual Meeting highlights $1.8B of new investment across the region

The Kansas City Area Development Council (KCADC) hosted its 2024 Annual Meeting last week, drawing over 2,000 civic and business leaders to celebrate a year of robust regional growth and strategic industry advancements. Under the theme “FLEX,” the event underscored the region’s adaptability as a cornerstone of its success. It highlighted achievements in the Kansas City metro area, including 18 counties across Kansas and Missouri.

Record-Breaking Investments and Job Creation

This year, KCADC and its partners secured commitments from 16 companies, resulting in $1.8 billion in capital investments, nearly 1,500 new jobs, $104.7 million in wages, and 2.3 million SF of new development. These milestones reflect Kansas City’s growing prominence as a hub for innovation and opportunity.

Google’s $1 billion data center in Kansas City, Mo., was among the most notable investments in 2024. Alongside its infrastructure project, Google committed to advancing sustainability by adding 400 megawatts of carbon-free energy to the grid. The company also demonstrated a strong community focus, contributing $100,000 to the North Kansas City School District’s STEM initiatives and announcing an additional $120,000 investment to strengthen STEM programs in Kansas City Public Schools.

Strengthening Global Recognition

Increased media attention has bolstered Kansas City’s growing reputation. Over 630 stories spotlight its economic wins and quality-of-life benefits, reaching an estimated 1.25 billion people globally and enhancing the region’s visibility on the international stage.

KCADC President and CEO Tim Cowden emphasized the importance of leveraging this momentum for future growth, attributing the success to a unified regional vision.

Keynote and Awards

Lisa Bodell, CEO of FutureThink and a best-selling author, delivered the keynote address, offering actionable insights into how simplification can drive efficiency and amplify impact. Her message resonated with attendees, providing tools to help businesses streamline operations and focus on meaningful work.

KCADC has also received accolades for its efforts to promote the region. The organization earned two gold medals from the International Economic Development Council, recognizing its KC Options Magazine and the “KC Design Draft” campaign for excellence in economic development marketing.

Building for the Future

As Kansas City continues to grow, leaders across industries remain focused on fostering a resilient and inclusive economy. From groundbreaking investments in infrastructure and education to enhanced global recognition, the region is poised for sustained success.

The KCADC Annual Meeting reinforced the importance of flexibility and collaboration in shaping the future, ensuring Kansas City remains a leader in innovation and a magnet for talent and investment.

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Header image: Board of Directors incoming co-chair and Evergy President/CEO, David Campbell speaks at the 2024 KCADC Annual Meeting. Image courtesy of the Kansas City Area Development Council

Lee's Summit rolls out red carpet for 100 economic developers

About 100 economic developers from throughout the Midwest toured the City of Lee's Summit as part of a weeklong "Economic Development 101" course study on Tuesday, April 24.

Sanctioned by the International Economic Development Council, the week-long Heartland Economic Development Course (HEDC) is offered through the University of Northern Iowa. The 2018 program was held at Adams Pointe Conference Center in Blue Springs, Mo.

Each year, the program gives students a chance to "See What Works" by highlighting a community that has successfully implemented critical components of community and economic development. On April 24, students toured Lee's Summit where they experienced a "walking case study" of effective infrastructure, land use, site development and reuse/downtown revitalization.

"This year's tour focused on Lee's Summit's successful educational ecosystem that includes the Missouri Innovation Campus and Summit Technology Academy, as well as Historic Downtown Lee's Summit," said LSEDC President Rick McDowell. "Business owners and civic leaders served as volunteer tour guides and offered insight into what has led to Lee's Summit's successful development efforts."

For more than a decade, the HEDC has offered intensive training in the basic concepts, information, methods and strategies of local economic development. Graduation from HEDC fulfills one of the education prerequisites for those who wish to obtain Certified Economic Development (CEcD) designation.

“Our purpose was to come and hear about what has been going on in Lee’s Summit both from a workforce development and historic redevelopment standpoint. It is a powerful success story in the economic development world,” said James Hoelscher, course director. “In addition, our students are also very interested in all of the mixed-use activity taking place near the Missouri Innovation Campus.”

Over the course of a week, students receive expert instruction on economic development fundamentals such as business retention/expansion, workforce development, entrepreneurship, marketing, business attraction, real estate development/reuse and financing. Attendees work in a wide range of organizations, including cities, chambers of commerce, economic development groups, neighborhood organizations and incentive granting agencies.