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Economic Development Newsroom - 2004 Archive

Maverick Tube picks Louisville’s Riverport for manufacturing plant, 240 new jobs
A Missouri-based manufacturer has selected Louisville for a $63 million plant that will bring in excess of 240 new jobs in the community.

Mayor Unveils '05 Louisville Metro ‘Tech Map’
Mayor Jerry Abramson today joined Silicon River GeoDesigns LLC in unveiling the 2005 Louisville Metro “Tech Map.”

Louisville Wi-Fi Service Expanding -Free wireless access for laptop users at all Louisville library
Mayor Jerry Abramson today logged on to the Internet using the new wireless access now available free at all Louisville library locations.

Abramson Seeks to Protect LG&E Jobs, Headquarters, Low Rates Key facts about LG&E
Responding to growing indications of a possible sale of LG&E Energy, Louisville Mayor Jerry Abramson met last Friday with the chairman of E.ON, the German company that owns LG&E, in an effort to keep the utility’s 1,800 jobs and headquarters in Kentucky.

Muhammad Ali Center Reaches Another Milestone
Today, the Muhammad Ali Center celebrates the pinnacle point of its steel construction with a “Topping Out” ceremony that brings the development of Muhammad Ali’s international center one step closer to reality.

Northup secures second wave of funding for the medical center’s research park
The Louisville Medical Center Development Corporation has been awarded a $925,000 grant from the U.S. Department of Housing and Urban Development for on-going development of the Louisville Life Science Research Park.

Abramson: Forgivable Loan Program Offered For New, Expanding Retail Businesses
Mayor Jerry Abramson today announced a new forgivable loan program to help encourage retail businesses to open or expand in underserved areas.

The City of Louisville, Hogan Real Estate and The Cordish Company are proud to announce plans for the Fourth Street Live! Grand Opening Celebration on Halloween weekend - October 30 and 31.

Life Sciences Venture Fund Earns SBI Approval, Will Open Louisville Office
Triathlon Medical Ventures, LLC, a $96 million, Midwest-based venture capital fund focused exclusively on life science investments, has been licensed as a Small Business Investment Company (SBIC) and will open an office in Louisville.

Two Historic Downtown Buildings Will Be Redeveloped
As Louisville takes center stage with a national historic preservation conference, Mayor Jerry Abramson today announced a $20 million plan to redevelop two city-owned historic buildings – the former YWCA and the Wright-Taylor Building – between 3rd and 4th streets along Chestnut Street.

Grand Opening of Highland Coffee 627 S. Fourth Street
Highland Coffee has opened second location, along Fourth Street entertainment district.

Mayor’s Air Toxics Reduction Proposal Protects Citizens’ Health, Improves Louisville’s Air
Mayor Jerry Abramson today outlined a program to require companies to significantly reduce emissions of toxic chemicals into Louisville’s air to better protect citizens’ health and ensure quality of life.

Cinergy’s Changes Will Improve Region’s Air Quality
Mayor Jerry Abramson today announced that Cinergy/PSI is planning to make up to $500 million in environmental upgrades over the next two years at two of its area facilities that will significantly reduce emissions and improve the region's air quality.

Residential Parking Plan Will Give Neighborhoods Options
Two neighborhoods would have a new tool to help combat parking problems under a proposed ordinance unveiled today.

New Smart Cards Will Make Parking Easier
Mayor Jerry Abramson announced today that the “smart cards” that residents will use to purchase time on the new, more advanced and user-friendly parking meters will go on sale to the general public on September 1.

Consumers Choice Coffee Moves Headquarters to the West End
In a press conference with Mayor Jerry Abramson and state and local leaders, Consumers Choice Coffee’s President Bob Patterson unveiled their new facility in West Louisville that will allow the company to expand its workforce and produce line.

GLI, Louisville Metro Launch Web Directory Entrepreneurial 1-Stop to assist businesses Officials fro
The Metro Chamber of Commerce announced today the launch of new Web directory for small businesses and entrepreneurs.

Louisville Metro Air Pollution Control District Appeals Federal Judge's Decision Denying Participati
The Air Pollution Control District today asked a federal judge to reconsider his decision to deny Louisville's motion to join a federal air pollution lawsuit against Cinergy's Gallagher Plant in Floyd County, Indiana.

Fourth Street Re-Opens To Vehicular Traffic After More than 30 Years
Mayor Jerry Abramson officially re-opened Fourth Street today to vehicular traffic for the first time in more than 30 years, driving in a street rod through a portion of the street between Liberty and Muhammad Ali Boulevard.

Airport Dedicates New Membership Club
Louisville International Airport officials, including Louisville Mayor Jerry Abramson, today dedicated “Altitude: A Traveler’s Club,” the airport’s new, upscale membership club.

Hi-Tech Mold & Tool Expands with $5.5 million Investment Expansion is First in Renaissance Zone
Officials from Hi-Tech Mold & Tool, Louisville Metro Government, and Greater Louisville Inc. – The Metro Chamber of Commerce announced at today’s groundbreaking ceremony the expansion of its plastic injection molding production facility in the Renaissance Zone.

West Louisville lands multi-million dollar expansion
Officials from the North Atlantic Trading Company announced today it will consolidate its manufacturing operations at the company's National Tobacco distribution facility, providing an economic boost to the West Louisville community.

Abramson Recruits Jobs in California
Mayor Jerry Abramson travels to California today, seeking to convince high-tech companies to expand or locate operations in Louisville. Abramson will call on leaders of seven businesses in five cities over three days.

4th Street Sidewalks Open to Pedestrians 4th Street Live! Starting to Come Alive
Mayor Jerry Abramson announced today that Fourth Street is open for pedestrian traffic between Liberty and Muhammad Ali through the 4th Street Live! project.

Budget Provides Funding To Reduce Toxics from Air
Mayor Jerry Abramson’s proposed budget will include $700,000 to fund intensive air monitoring and the staff necessary to execute a plan to lower air toxics emissions in Louisville.

Louisville Community Development Bank and Frost Brown Todd Receive $62.5 Million Tax Credit Allocati
Today, U.S. Representative Anne Northup and Louisville Mayor Jerry Abramson announced that the Louisville Community Development Bank, in partnership with Frost Brown Todd LLC, has received a $62.5 New Markets Tax Credit allocation from the U.S. Department of the Treasury.

Louisville Joins Lawsuit Against Cinergy For Emissions
Mayor Jerry Abramson today announced that Louisville is seeking to join a federal lawsuit against Cinergy Corp. because emissions at its Gallagher Utility Plant violate clean air standards, threatening the community’s health.

Future Development Plans Unveiled For Technology Park
Mayor Jerry Abramson today unveiled details for revitalization efforts at Technology Park, which will include the expansion of several existing tenants and plans for new retail developments that will result in additional jobs.

Retail Conference Will Highlight Louisville’s Expanding Retail Opportunities
Mayor Jerry Abramson today said an upcoming regional retail conference will give Louisville the chance to showcase for national businesses the promising retail opportunities available in the community.

New Residence Inn Louisville Downtown Breaks Ground
A groundbreaking ceremony attended by Louisville Mayor Jerry Abramson and other local dignitaries was held today to announce the construction of the new Residence Inn by Marriott Louisville Downtown scheduled to open April 2005, just in time for next year’s Kentucky Derby.

Abramson Announces First Commercial Tenant for Park DuValle
Mayor Jerry Abramson today unveiled the first commercial tenant in the nationally recognized mixed-income Park DuValle neighborhood – a Soupy’s Deli

Citigroup chooses Louisville for major expansion $35.8 million call center project will create 1,600
This morning, officials from Citi Cards, part of Citigroup, Inc., announced they have chosen Louisville as a site for expansion of its credit cards operations which would add up to 1,600 new jobs to the community, making it one of the region's largest job-creation announcements in the past five years.

$250,000 for layoff assistance to be provided to Louisville-based workers
Laid-off workers in Louisville will have a chance for more education and training assistance as they make plans to reenter the workforce.

Court Filing Maintains Louisville Metro
A brief filed today by Louisville Metro Government asks a U.S. Federal District Court judge to consider a recently amended plan for meeting federal air quality mandates as an alternative to reinstituting the now-defunct Vehicle Emissions Testing program.

Mayor Announces Transfer of Old Naval Ordnance, Raytheon’s Plan to Extend Lease and Add Jobs
Mayor Jerry Abramson today announced the transfer of the old Naval Ordnance Station property – now called Technology Park of Greater Louisville – to a city-appointed authority, clearing the way for a revitalization designed to attract more than 1,000 new jobs in retail, manufacturing and light industrial work. Under the property transfer agreement, Raytheon Systems Co., a major U.S. defense contractor and the largest employer on the site, committed to extending its lease an additional 10 years.

Louisville, State, Congressional Representatives To Meet with EPA Officials in Atlanta
- A contingent including Mayor Jerry Abramson’s top environmental advisers, a representative from U.S. Congresswoman Anne Northup’s office and state environmental leaders will meet with leading EPA officials in Atlanta tomorrow to discuss alternatives for meeting federal air quality mandates.

Abramson: City Will Seek EPA Approval of Environmental Plan Without VET
Mayor Jerry Abramson today said he is directing the Air Pollution Control District to immediately begin development of a revised environmental compliance plan without bringing back the VET.

Revitalization of College Industry Park
Mayor Jerry Abramson today announced the construction of two flex-space buildings in College Industrial Park and the creation of a new loan program to stimulate development of the community’s brownfields.

Abramson Asks Task Force to Recommend Best Alternatives for Improving Air Quality
Mayor Jerry Abramson today asked his newly appointed Air Quality Task Force to recommend alternatives to the now-defunct Vehicle Emissions Testing program that will help Louisville improve air quality and meet stricter Washington mandates.