Shady Rays opens new corporate headquarters in Simpsonville Commons

By Quin Welch, Building Kentucky Hollenbach Oakley, a Louisville-based commercial real estate development firm, is pleased to welcome Shady Rays, a Kentucky-based company that manufactures high-quality sunglasses, as the firm’s first anchor tenant at Simpsonville Commons, a 140-acre “Class A” business park in Simpsonville, Kentucky that will consist of retail, distribution, logistics and advanced manufacturing. […]

Kentucky nonprofit pioneers international clean water effort; donation honoring Old National Bank victim to fuel further work

By Lilli Dubler, Building Kentucky An anonymous $500,000 donation made in honor of Tommy Elliott, who died during the mass shooting inside Old National Bank last April, will launch the expansion of Louisville-developed clean water technology that will transform health outcomes for millions of people around the world. WaterStep, a Louisville-based nonprofit whose mission is […]

Kentucky means business – how manufacturing drives the Commonwealth forward

By Walter Parker, Building Kentucky Kentucky is in one of its most economically prosperous eras ever, thanks in large part to the state’s broad and interconnected web of manufacturers who celebrate, create and invest in the Commonwealth. The Bluegrass state’s reputation for innovation and its business-welcoming environment have attracted dozens of industries to build and […]

UK named an Innovation and Economic Prosperity University by the Association of Public Land-grant Universities

By Lilli Dubler, Building Kentucky Photo by Mark Cornelison, UK Photo In recognition of its ongoing commitment to economic development, the University of Kentucky has been designated as an Innovation and Economic Prosperity (IEP) University by the Association of Public and Land-grant Universities (APLU). The national designation acknowledges public research universities working with both public […]

Growing the Bluegrass: Kentucky’s Small Business Tax Credit

By Walter Parker, Building Kentucky Your business could receive a tax credit of up to $25,000 per year. The catch? Just keep growing.  The Kentucky Small Business Tax Credit (KSBTC) helps small businesses in nearly every industry across Kentucky grow and flourish. So far, Kentucky small businesses have saved $12.6 million through the KSBTC.  One […]

La Grange City Council commits nearly $9 million to support Oldham Reserve development

By Lilli Dubler, Building Kentucky In a 7-1 vote, the La Grange City Council approved its half of the $17.7 million contribution to phases one and two of Oldham Reserve, a development by Hollenbach-Oakley. Funds from the city also include engineering fees for all five phases of the project. Development on Oldham Reserve’s 1,000-acre campus, […]

Buttigieg visits BlueOval SK site in Glendale

By Quin Welch, Building Kentucky Secretary of Transportation Pete Buttigieg visited Glendale’s BlueOval SK Battery Park site in March, and came away very impressed with what he saw happening in Kentucky. With production slated to begin in 2025, construction continues to move quickly on the site. Buttigieg — the former mayor of South Bend, Indiana […]

Kentucky Second Nationally in Economic Projects Per Capita, First in South Central Region

By Quin Welch, Building Kentucky Kentucky’s economy is booming, according to Site Selection Magazine’s new 2022 Governor’s Cup rankings.  The Commonwealth placed second nationally in 2022 — up from ninth in 2021 — in economic projects per capita, trailing only Kansas. The Bluegrass State also placed second in the South Central region for overall qualifying […]