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Updated over 1 year ago on . Most recent reply

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Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
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BNSF Megasite Certification

Henry Clark
#1 Commercial Real Estate Investing Contributor
  • Developer
Posted

Just announced 1,300 acre Megasite certification by BNSF for mills county, Iowa near where we live.

Is anyone in a market near a site that has matured say 3 to 5 years after the site was certified or after a company came in?   

Would like to discuss with you how the market around it developed and what type of development.  Not the Megasite itself.  

Thank you.

  • Henry Clark
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    Kristi Kandel
    • Developer
    • Fort Myers Beach, FL
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    Kristi Kandel
    • Developer
    • Fort Myers Beach, FL
    Replied
    Quote from @Henry Clark:

    Just announced 1,300 acre Megasite certification by BNSF for mills county, Iowa near where we live.

    Is anyone in a market near a site that has matured say 3 to 5 years after the site was certified or after a company came in?   

    Would like to discuss with you how the market around it developed and what type of development.  Not the Megasite itself.  

    Thank you.


     In Columbus, OH we are starting to see the impacts of the Intel investment into the market. It's now projected that there will be approx 100B in industrial developments. The city has been and continues to invest in its infrastructure and obtaining smart city grants to stay current. The city core population is supposed to double from 1M to 2M by 2030 and increase to 5M by 2050. The surrounding suburbs and communities are bracing themselves for the overflow in an already challenging housing market with not enough supply and the focus on affordable housing within the city and surrounding communities. Housing is where jobs go to sleep at night and must be planned for in a deliberate way in conjunction with the jobs that come to town. 

    I'm very impressed by the agency cooperation in central ohio. They understand the bigger picture and understand that community leaders from all sectors need to work together to create cohesive developments that address ALL needs surrounding grown. That way they can masterplan communities that thrive with live work and play as their communities grow rapidly. 

    I'd suggest looking into affordable housing as a key component of growth around any megasite. It might be worth picking up 5 acres zoned residential with density of at least 20 units per acres while it's still cheap if you can sit on the property for a while and look at developing it in 5-10 years. 

  • Kristi Kandel
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