Market Highlights
The trade area population for Summit Place is made up of approximately 400,000 people.
Lee’s Summit is the fourth-largest city in the Kansas City Metropolitan Area.
Lee’s Summit has consistently been voted by CNN Money as one of the Best Places to Live in America.
Lee’s Summit has been the pinnacle of major growth for eastern Jackson County for the past 20 years, experiencing a 52% increase in population between 1990 and 2000, another 25% increase between 2000 and 2010, and a projected growth of 27% between 2010 and 2020.
More than 48,000 people work within a 5-mile radius of Summit Place. Approximately 5,000 of these people work next door in the one million square foot Summit Technology Center. An additional 2,500 employees are within a one-mile radius at John Knox Village and other surrounding businesses.
The city’s median household income is $68,220, nearly 25% above the Kansas City metropolitan area’s median income.
The Lee’s Summit community consists primarily of young, up-and-coming families and traditional established neighborhoods.
Median home values in Lee’s Summit exceed $180,500.
In 2011, the Lee’s Summit School District earned the Distinction in Performance Award with a perfect score for the 10th year in a row – the state’s highest recognition for academic achievement. In addition, MCC-Longview has been honored with the Time Magazine/The Princeton Review College of the Year award.
SummitWoods Crossing, the 794,000 square foot sister power center located directly west of Summit Place has consistently remained nearly 100 percent leased and delivers increased revenues year after year, validating the need for additional retail in the area.
Summit Fair, the 507,000 square foot lifestyle center adjacent to Summit Place is anchored by Macy's and JCPenney, and features a unique array of retailers and restaurants complimenting those at the center.
Located adjacent to the Summit Technology Center, the Missouri Innovation Center (MIC) provides workforce-need focused educational opportunities to thousands of students and adults in the Greater Kansas City area .
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