Economic Development Newsroom
Louisville Named City of Future
Friday April 24, 2009
Louisville has been named one of North’s America’s “Small Cities of the Future” because of its high quality of life, affordability and favorable business climate.
Foreign Direct Investment magazine, published in London by the Financial Times company, ranked Louisville No. 7 on its annual list of cities of the future with population between 100,000 and 500,000.
The magazine also ranked Louisville 3rd on a list of five best small cities with the strongest economic potential. Click here to view full article.
“Our secret is out,” Mayor Jerry Abramson said. “Louisville is a great place to live – and a great place to work and to invest. I’ve been telling people that Louisville is a city of possibilities – and this proves it.”
The magazine spent six months researching data of 400 North American cities to determine which are best poised to grow and embrace the future.
New York ranked as the best large city of the future, followed by Chicago and Houston. Tampa, Florida ranked as the best small city of the future, followed by Minneapolis and Raleigh, N.C.
The magazine ranked cities in six categories – economic potential, human resources, cost effectiveness, quality of life, infrastructure and business friendliness.
The magazine used data ranging from construction investment to number of knowledge-based jobs to retail prices to crime rate per 100,000 residents to the airports serving the city.