Leaders announced $750 million in upcoming projects, as well as 1,000 jobs. The largest of the projects is a $220 million maintenance facility.
Plans include replacing the current grandstand with a $150 million racing and gambling facility. “Our team is poised to restore Turfway to its former glory,” said Churchill Downs president Kevin Flanery.
In partnership with the University of Kentucky (UK), Signet Real Estate Group has broken ground on a mixed-use parking facility in Lexington that includes over 900 new parking spaces and over 23,000 square feet of Innovation & Retail Space that will revitalize one of the main corridors into the UK campus.
Thanks, in part, to bourbon and the Derby, Louisville ranks No. 2 for metro areas with the largest share of profitable businesses nationwide.
Growth in the Kentucky/Indiana and Kentucky/Cincinnati regions has been increasingly apparent over the last few years. CompMed announced an expansion in Newport, near Cincinnati and a Louisville-based healthcare company recently expanded operations to Jeffersonville.
CompMed’s investment will include new space to accommodate additional staff — this expansion comes in response to demand from new and existing customers.
This August, barn doors will open to reveal a farmer’s plaza, four restaurants and what founders hope will be a new cultural hub for Louisville.
Officials in Graves County outlined several economic development projects in the works. These projects include new manufacturing space, road updates and more.
Calling all Parrotheads! A new place for a tropical staycation is coming to Louisville.Jimmy Buffet’s Margaritaville is headed downtown.
Example: A recent ramp project in Shively resulted in 72 percent fewer accidents, according to crash reports analyzed by the Kentucky Transportation Cabinet. The accidents were also less severe and were less likely to cause injury.