July 2023
Louisville’s expected population growth and various city improvement projects contribute to sustained economic growth and nationwide recognition.
Louisville awarded the Mac Conway Award for Excellence in Economic Development from Site Selection Magazine for city and regional growth in 2022.
Kentucky’s population is expected to increase by over 6% through 2050, with the majority in metro areas including Fayette, Warren, Jefferson, Boone, and Scott counties.
Louisville’s Muhammad Ali International Airport is the fastest growing airport in the continental US with 20% more seats in the market since 2019.
Louisville suburb, Jeffersonville, Indiana, plans for massive growth and new communities along 80-acre stretch of riverfront land.
Louisville greenlights $27 million plan to turn stagnant stream into recreational greenway.
Louisville based drink company, Congo to add 500 new “high-wage” jobs to support brand’s international growth.
Elizabethtown Community and Technical College BlueOval SK and Ford Motor Co. to officially break ground on the ECTC BlueOval SK Training Center in Glendale – an EV battery training center.
Electric vehicle-maker Rivian announced $10 million re-manufacturing facility in Louisville suburb, Shepherdsville, creating 218 full-time jobs.
Baptist Health approves plan for $11.7 million free-standing emergency department in Fern Creek.
Local talent, city policies, and regionalism to credit for Louisville’s recent accolades in economic growth and desirable living location.
The National Parkinsons Institute announces capital campaign for a new HQ campus in Louisville – a potentially $30M project.
River Ridge business park, in Jeffersonville and Charlestown, generates over $2.7B in economic impact from $27.5 million infrastructure investment.
Kentucky Derby activities generated an estimated $396M in economic impact – accounting for approx. $47M in local, state, and federal tax revenue.
Louisville’s quality of life, pace, and low cost of living cement the city as a top desirable workplace for both professionals and businesses.
Kentucky’s economic engine has quality of place with a strong workforce and bright future in emerging tech – check out the 2023 – 2024 Greater Louisville Now Lane Report.
