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Updated over 5 years ago on . Most recent reply
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Investment opportunities in Salina
It seems most activity on the site for Kansas stems from around Wichita and Kansas City, with little discussion of Salina. I live in Salina and am curious if there is much outside interest in real estate here?
Wholesaling is what initially brought me here, since I'm pretty new to all things real estate, working with more seasoned investors in the area would be incredibly helpful. If there is anyone that would be interested in the Salina market, I would love to hear from you.
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@Jonathan R. There seems to be a good amount of growth in Salina as of recently, with it posed to see a lot more. Last year, the city approved a redevelopment plan for downtown Salina over a 28 block area projected to cost $150 million. The city is also doing what they can to bring in new businesses with forgivable loans, grants, and tax incentives. For the first time in roughly 40 years (having just learned this, I'm a little amazed of the time frame), we had a new hotel open up in 2017 when the Hilton Garden Inn finished building. There is already another brand new hotel near completion downtown. Several franchise restaurants and entertainment avenues have opened, are currently under construction, or planning to break ground as well.
1 Vision Aviation has also recently announced coming to town, opening up 50 new jobs initially with another 400 over the next three years. While on the topic of aviation, the unmanned aircraft systems program at the K-State Salina campus has also been bringing a lot of attention, growing pretty substantially in its own right over the past several years.
And on top of all that, we somehow still manage to have plenty of shoe and electronic stores to keep everyone well clothed and in communication.