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Economic Development Newsroom - 2013 Archive

Public Art Boosted with New Art Administrator and Programs
Louisville’s public art profile is on the rise, Mayor Greg Fischer announced today, with the hiring of Sarah Lindgren to be the city’s new Public Art Administrator, and progress made on goals of the city’s Commission on Public Art.

New Program Helps Companies Grow Exports
The Bluegrass Economic Advancement Movement, in partnership with JPMorgan Chase Foundation, today announced a new program aimed at growing exports in the 22 counties that comprise the greater Louisville-Lexington region.

Six Small Businesses Receive Approval of METCO Loans
Eight loans in the amount of $486,660 were approved by the Louisville Metropolitan Business Development Corporation. These loans will leverage an additional $15.5 million in private investment, to assist businesses in starting up, improving their buildings, and cleaning the land to encourage economic development.

BEAM Releases Regional Economic Growth Plan
The 22 counties that form the Bluegrass Economic Advancement Movement region, with Louisville and Lexington as its anchors, have the capacity to grow significant jobs in advanced manufacturing, but the region needs a much more skilled engineering and technical workforce, according to a new study.

City Seeks Vendor to Build High-Speed Gigabit Network
City Seeks Vendor to Build High-Speed Gigabit Network - Louisville Metro willing to allow vendor use right-of-way

City Launches New Technology for Mobile Pay for Parking
Parking in downtown just got easier, Mayor Greg Fischer announced today. The city has launched a partnership with PassportParking, and will be introducing new mobile pay technology on Monday, November 18 at downtown surface lots. Drivers will be able to use their cell phones to pay for parking, first at downtown surface lots and eventually, at on-street meters throughout the downtown area.

New Hotel Coming to Heart of Downtown Louisville
Steve Poe, along with Mayor Greg Fischer, today announced the development of a new Aloft hotel in the heart of downtown Louisville – at the corner of 1st and Main Streets, across from historic Whiskey Row and adjacent to the KFC Yum! Center arena. The property will be developed by the Poe Companies with REI Real Estate Services, and managed by White Lodging. The $22 million, eight story boutique hotel will feature an urban design aesthetic with 175 stylish guest rooms and suites, 2,800 square feet of meeting space, and a lively social atmosphere.

City Seeks Input for Improving Mobility in Louisville
In the first tangible result related to Vision Louisville’s public input phase, Mayor Greg Fischer is asking for the community’s input – and imagination – for creating greater mobility and connectivity between places where people live, work, shop and enjoy leisure time.

Riverport Expanding to Dixie Highway Area
Mayor Greg Fischer and Jefferson Riverport International officials today announced a Riverport expansion of 162 acres located along Dixie Highway near the Watson Lane intersection. This new development, Riverport Phase 5, is the first non-contiguous development beyond the 2,000 acres that makes up the industrial site between the Greenbelt Highway and the banks of the Ohio River.

M&M Cartage Announces Green Transportation Initiative
M&M Cartage has announced a new initiative to become a national leader in green transportation. The Kentucky-based company plans to invest $7.5 million in building materials and capital equipment, allowing for the construction of a new headquarters with green efficiencies to go along with the addition of new trucks powered by compressed natural gas. To accomplish the goal, the Commonwealth of Kentucky awarded M&M Cartage $800,000 in economic incentives to spur this investment which will lead to 45 new jobs.

METCO Approves Loan for Downtown Building Facade Improvements
One loan in the amount of $50,000 was approved by the Louisville Metropolitan Business Development Corporation during its October board meeting. This loan will leverage an additional $150,690 in private investment, to assist the owner in improving its building, which thereby helps the neighborhood build pride and improve the attractiveness of the retail district.

New Computer Lab at Nia Center Helps Fight Cancer
A new high-tech computer lab at the Nia Center on West Broadway will help adults earn their high school diplomas and improve their career skills – while simultaneously being used for medical research to fight cancer.

Construction Begins on New Hotel at Clay Commons
City Properties Group, LLC and First Hospitality Group, Inc. announced today they have started construction on a new Hilton Garden Inn in Downtown Louisville. Mayor Greg Fischer and Councilman David Tandy joined the developers in breaking ground on the new hotel at the corner of 4th and Chestnut Streets downtown.

TARC Investing Millions in Enhanced Transit
TARC officials today were joined by Louisville Mayor Greg Fischer and representatives of Kentucky, Indiana and federal transportation agencies to launch 21 distinctive, new buses called “commuter coaches” – the start of more than $30 million in investments to modernize the public transportation system serving Greater Louisville.

Louisville's Bourbon Boom
Jefferson County is one of the biggest winners in the Bourbon renaissance, with the signature industry providing 4,200 jobs, $263 million in payroll, $32 million in tax revenue and $50 million in capital projects in 2012, Mayor Greg Fischer announced today.

eBay Enterprises Announces 150 New Jobs and Seasonal Hiring
Mayor Greg Fischer, Governor Steve Beshear and eBay Enterprise officials today announced eBay Enterprise, an eBay Inc. company, plans to expand operations in Louisville, creating more than 150 new, full-time jobs and investing up to $45 million in Louisville. The expansion includes construction that would join two newly purchased buildings together for a total of 270,000 square-feet on 17 recently acquired acres near the existing facility on Trade Port Drive in Louisville.

Mayor Fischer Names Director of Economic Development
Mayor Greg Fischer today named veteran Frankfort attorney Jeff Mosley as the city’s new Director of Economic Development.

City to Hold Three CycLOUvia Events
The first of three CycLOUvias will take place on Bardstown Rd./Baxter Ave., from Broadway to the Douglass Loop, on Sunday, October 13, from 2 – 6 p.m.

Officials Break Ground for Expanded River Park Place
Mayor Greg Fischer joined Poe Companies and REI Real Estate for a groundbreaking launching construction of the second phase of RiverPark Place along River Rd. east of Waterfront Park.

Four Early Stage Manufacturing Cos Selected for Vogt Invention and Innovation Awards
Officials from the Community Foundation of Louisville (CFL), Greater Louisville Inc.’s EnterpriseCorp and Mayor Greg Fischer announced today four winners of the 2013 Vogt Invention & Innovation Awards.

Louisville Metro Area Regains All 42,000 Jobs Lost During Recession
The Louisville-Southern Indiana metro area has regained all 42,000 jobs lost during the 2007-09 economic recession, according to the latest information from the U.S. Bureau of Labor Statistics.

METCO Approves Four Loans to Small Businesses
Four loans in the amount of $144,655 were approved by the Louisville Metropolitan Business Development Corporation. These loans will leverage an additional $736,547 in private investment, to assist businesses in improving their buildings, which thereby helps the neighborhood build pride and improve the attractiveness of the retail district

New Development at The EDGE at NULU
New development at the EDGE in NULU neighborhood

Free Training Available for Manufacturing Jobs
The Kentucky Manufacturing Career Center is enrolling students for its Certified Production Technician training class that begins on Sept. 3 and its Multi-Skilled Technician class that begins on Oct. 14. The classes are free for individuals who have earned the National Career Readiness Certificate and are seeking jobs in the manufacturing industry.

Louisville Making Modest Progress in Education Attainment
The Louisville-Southern Indiana metro area is gaining ground on competitor cities in the percentage of residents with high school and college degrees, but the region still has plenty of room for improvement in these and other crucial metrics of educational attainment.

Brady Corp. Will Bring Operations, New Jobs to Louisville
Governor Steve Beshear today announced Brady Corp. (NYSE:BRC) plans to establish a manufacturing and distribution operation in Louisville, creating up to 121 new, full-time jobs and investing more than $18.2 million in the project.

METCO Approves Facade Loan
METCO approves facade loan for former downtown strip club.

Mayor's SummerWorks Program Finds Jobs for 1,500 Youth
Mayor Greg Fischer announced today that Louisville’s business community has made the Mayor’s SummerWorks Program a success for the third year by putting 1,500 young adults, ages 16-21, to work in summer jobs.

Digital Dixie Workshops Get Businesses Online
Local businesses along part of Dixie Highway will soon have the opportunity to put their businesses on the web thanks to the city’s pilot program of digital corridors. The program’s first phase is concentrating on Dixie Highway, between Rockford Lane and Lower Hunters Trace.

Angel's Envy Distillery Breaks Ground in Downtown Louisville
Louisville Distilling Co. LLC, producers of the highly celebrated Angel’s Envy bourbon, announced today that it will construct a new state-of-the-art distillery and brand experience center in downtown Louisville.

City Releases RFP for Redevelopment of Colonial Gardens
The city today released a Request for Proposal (RFP) to seek a developer for the Colonial Gardens property.

Father and Son Revive Historic KY Peerless Distilling Co. in Downtown Louisville
Corky Taylor and his son, Carson, made a dream come true today as they announced the re-opening of the Kentucky Peerless Distilling Company in Louisville’s downtown at the corner of 10th and Main Streets.

METCO Approves Loan to Demolish Remediate and Redevelop Property
The Louisville Metropolitan Business Development Corporation approved a loan in the amount of $150,000 to Addyworld, LLC to demolish, remediate and prepare a site for new construction, at 1023-1025 Bardstown Road. The loan will leverage an additional $900,000 in private investment.

Gazelle Establishes Operations in Louisville, Creates 438 Jobs
Mayor Greg Fischer and Governor Steve Beshear today joined company officials to announce plans by Gazelle Inc., the nation’s leading consumer electronics trade-in site, to establish a 37,500-square-foot processing center on Global Drive in Louisville’s Jefferson Riverport area. The company plans to create 438 new jobs and invest $22.3 million in Louisville over the next several years.

Health for America Selects Louisville for National Program
Louisville was selected as one of two cities by Health for America for its 2013 Summer Fellowship Program, which will bring entrepreneurs and the healthcare community together to focus on health information technology (IT) opportunities and challenges.

CafePress Adds 50 Jobs to Louisville HQ With New Customer Service Call Center
CafePress adds 50 jobs to Louisville headquarters with new customer service call center.

Work Starts on the East End Ohio River Bridge
Governor Mike Pence, Louisville mayor Greg Fischer today joined WVB East End Partners and state and local officials to mark the long-awaited start of construction on the East End Crossing of the Louisville-Southern Indiana Ohio River Bridges project.

City Joins National Day of Hacking
Louisville will host one of more than100 events taking place throughout the U.S. on June 1st and 2nd as part of National Day of Civic Hacking. This is an opportunity for government agencies, businesses, nonprofits and civically-engaged individuals to work together to solve complex social problems using government data.

City Helps Businesses Improve Web Presence
Cities assist businesses in numerous ways to drive economic growth in their communities. Mayor Greg Fischer has just kicked off a new way that Louisville is helping its businesses, with a concerted effort to help get them an increased website presence, and creating digital economic corridors

Popular Guitar Emporium Will Stay in Business
The Louisville Metropolitan Business Development Corporation approved a loan in the amount of $60,000 for a new owner to buy the internationally-known Guitar Emporium after the previous seller decided to retire. The loans will leverage a total investment of $965,000.

City Partners with LIBA to Keep South Louisville Weird
The city, through its Department of Economic Growth and Innovation, is partnering with Louisville Independent Business Association in planning a series of events and programs designed to grow locally-owned, independent businesses in South Louisville.

Manufacturing One-Stop Center Opens to Connect People to Jobs
A new one-stop center aims to boost manufacturing employment in the Louisville area by offering resources for both companies and individuals seeking jobs.

Summer Warehouse Jobs Still Available for 18-21 Year Olds
Despite a strong response from job-seekers, more than 200 warehouse jobs are still available in the Louisville area and a new registration opportunity is available.

Youth Can Register for Mayors Summer Works Program Jobs
If you are 18-21 years old and are looking for a summer job, the Mayor’s SummerWorks Program wants you.

Evan Williams Bourbon Experience Joining Kentucky Bourbon Trail Tour
The Kentucky Bourbon Trail® adventure is barreling into the River City, with Heaven Hill Distilleries’ new Evan Williams Bourbon Experience™ becoming the eighth stop on the world-famous journey and the first ever in Louisville.

Louisville Job Partnership With UPS Earns National Recognition
An innovative program that has paid the college tuition of thousands of students while helping Louisville’s UPS Worldport shipping hub expand its workforce has been named a “Top 25” program in the Innovations in American Government Awards.

GE Selects Louisville Appliance Park for New Washer Dryer Production
In Building 1 at GE’s massive Appliance Park, where top-load washing machines have been built for about 60 years, two new assembly lines, costing over $100 million, have begun producing high efficiency frontload washing machines and dryers. This is the first time GE has produced a frontload washing machine and matching dryer from one of its U.S. plants. The new products mean about 200 more jobs.

CompuCom Expands Facility; Adds 200 New Jobs
Against a backdrop of hundreds of computers and the service personnel that make up its new Technical Operations Center, CompuCom Systems, Inc. today unveiled its new Louisville facility and its plans to grow operations at 10100 Linn Station Road. Mayor Greg Fischer and officials from Greater Louisville Inc. – the Metro Chamber of Commerce – saluted the company and its management for the tremendous growth the company has experienced since coming to Louisville in 2004.

Jefferson National Officially Opens New and Expanded Headquarters
Mayor Greg Fischer and officials from Greater Louisville Inc.- the Metro Chamber of Commerce today announced that Jefferson National, a recognized innovator of tax-advantaged investing solutions, has officially opened its new state-of-the-art headquarters. The opening is a major milestone in the company’s 5-year expansion plan that began when it relocated its corporate headquarters from New York to Louisville early last year.

City to Purchase Historic Colonial Gardens
The city plans to purchase Colonial Gardens, the historic South End landmark near Iroquois Park, to gain control of the property and market it for redevelopment, Mayor Greg Fischer announced today.

Louisville Named a "Best City for Young Entrepreneurs"
Saying a city’s business resources, lifestyle and culture are important to entrepreneurs looking to start a business, a leading online publication has ranked Louisville the third best U.S. city in its “30 Best Cities for Young Entrepreneurs for 2013.”

nth/works Announces Local Manufacturers Youth Apprentice Program
Mayor Fischer joined Jefferson County Public Schools (JCPS) Superintendent Dr. Donna Hargens, Greater Louisville Inc. Executive Vice President of Economic Development Eileen Picket and nth/works CEO Tom Hudson at nth/works located at 6901 Preston Highway today to discuss the recent success of nth/works’ high school engineering apprentice program.

City, Extension, UofL to Host Series on Gardening
Whether you garden in your backyard or at a community garden plot, you can now attend a series of community meetings that will discuss safety of urban gardening.

City Holds Crowdfunding Workshop For Small Businesses
A third workshop to help businesses explore crowdfunding resources will be offered by city government, Mayor Greg Fischer announced today. The free “Crowdfunding Means Business” workshop will be at 6 p.m., Monday, March 18, at the Main Library, 301 York Street, in the Centennial Room.

METCO Approves Seven Small Business Loans
Seven loans in the amount of $482,065 were approved by the Louisville Metropolitan Business Development Corporation. These loans will leverage a total investment of $2.9 million to assist eight businesses in food manufacturing expansion, façade improvement, and business start-ups.

City Holds 4th Sales Training Institute
With resounding interest in the first three institutes, the city is holding its fourth Mayor’s Sales Career Institute. The city is partnering with Sandler Training to hold the training/demonstration session for participants to learn what it takes to be a successful sales representative. The three prior sales institutes have attracted 73 participants

Cinetic Sorting Celebrates New Jobs and 200th Anniversary
Cinetic — a locally-founded company that is now part of the Fives Group’s international network of industrial engineering, equipment production and materials handling firms, — will add as many as 13 new technical positions to their current workforce of 88 employees.

City Offers Cash Prizes for New Apps
Metro Government, in partnership with Code for America, is offering $10,000 in cash prizes for apps or computer coding ideas during a Hack-a-thon scheduled for Saturday, February 23.

KentuckianaWorks Offers Scholarships for Healthcare and IT Training
KentuckianaWorks, Greater Louisville’s Workforce Investment Board, is making $485,000 available in KentuckianaWorks Scholarships to fund education and training in these two high-demand career fields. The scholarships are available until June 30.

City Buys West Louisville Land to Attract Jobs, Investment
The city has purchased a prime 30-acre tract of land in Western Louisville and plans to aggressively market it to companies wishing to expanding or relocate to Louisville, Mayor Greg Fischer announced today.

METCO Approves One Loan; Sets New Calendar
One loan in the amount of $75,000 was approved by the Louisville Metropolitan Business Development Corporation, leveraging $378,000 in total investment.