Putting money on the citys growth

The park im purchasing is in a city that just built three huge high priced condos for rent and sale and also built a giant professional building right next to them. It looks like job growth is happening also a lot of new advertisements on tv. This to me is a sign of growth, with all the new developments and the giant face lift that has just been completed. Is this a wrong assumption? what would be your opinion?

That’s how I would read it.