2009-2010 Market Review Front Covers.qk:Layout 1 9/28/09 9:28 PM Page 991

2009-2010 MARKET Special Report

REVIEW$ 50 of the Bluegrass 12

NIGHTLIFE DRIVES DEVELOPMENT Downtown Lexington attracts flurry of restaurants, bar projects as streetscape master plan launches 2009-2010 Market Review Front Covers.qk:Layout 1 9/28/09 9:28 PM Page 992 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:12 PM Page 1 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:12 PM Page 2 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 3 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 4 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 5 2009 Market Review 1-18rev_jc.qk:2004 Market Review 1-24.qk 9/29/09 12:56 PM Page 6

Kentucky’s Best Educated Workforce 2009-10 MARKET REVIEW of the Bluegrass

Market Review of the Bluegr ass is a community profile published annually by Lane Communications Group. Cover Photo by Shaun Ring

STATISTICAL DATA Fayette County...... 94 Anderson County...... 96 Bourbon County ...... 97 Boyle County...... 98 Clark County ...... 99 Table of Contents Franklin County...... 100 The Bluegrass...... 8 Jessamine County...... 101 Bluegrass ADD...... 14 2010 Alltech FEI World Games Special Report Madison County ...... 102 Commerce Lexington ...... 15 Following page 56 Mercer County ...... 103 Bluegrass Business Scott County...... 104 Development Partnership...... 16 Legal Services ...... 57 Woodford County ...... 105 Demographics...... 18 Medical Services ...... 60 Estill County ...... 106 Economic Development...... 20 Media ...... 66 Garrard County ...... 106 Financial Services...... 28 Business & Real Estate Ser vices ...... 73 Harrison County...... 107 Land Swap...... 38 Made in the Bluegrass ...... 84 Lincoln County ...... 107 Utilities...... 40 Arts & Culture ...... 88 Nicholas County...... 108 Education ...... 44 Weather...... 109 Powell County ...... 108 Research, Technology Sports ...... 110 & Commercialization ...... 48

Publisher Associate Publishers Chief Financial Officer ED G. LANE RICHARD J. KELLY STEVE ROHLFING, CPA LaneThe Report ROBIN LACHAPPELLE Editorial Director DONNA HODSDON Pre-press & Printing MARK GREEN LISA TURNER PUBLISHERS PRINTING CO.

Market Review Editor Business Manager Design & Production AMY OWENS JIM CURRY STONE ADVISORY

Creative Director Comptroller JESSICA MERRIMAN ALMA KAJTAZOVIC

Market Review of the Bluegrass is published annually by Lane Communications Group, local and state agencies, including Employment Services Workforce under an exclusive agreement with the Bluegr ass Area Development District. For Development Cabinet, Kentucky Cabinet for Economic Development, the University information and advertising rates, contact Lane Communications Group, 201 East of Louisville Urban Studies Institute and the Univ ersity of Kentucky Center for Main Street, 14th Floor, Lexington, Kentucky, 40507, Voice: (859) 244-3500. Fax: (859) Business and Economic Research. All data are believed to be accurate and current, 244-3555. www.kybiz.com. but are not warranted by Lane Communications Group.

© 2009 Lane Communications Group. All material in this publication is protected under applicable copyright laws. Reprinting or using any materials from the Market Review of the Bluegrass is prohibited without express wr itten consent by the publisher. Market Review of the Bluegrass is published by Lane Communications Group. Lane Communications Group is a member Data provided in the Market Review of the Bluegr ass have been provided by many of the Alliance of Area Business Publications.

6 The Lane Repor t’s 2009-2010 Market Review of the Bluegrass 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 7 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 8

THE BLUEGRASS

Triangle Park and its dramatic fountains are among downtown Lexington’s most beautiful sights.

Jeff Rogers photo Growing Strong in the Bluegrass

“Kentucky is a place where spirits are free more treasured than in the Bluegrass, the Quality of life, to soar and big dreams can be fulfilled. Central Kentucky area where We relish competition and cherish our breathtaking scenery, rich history, unique diversified economy champions for their willingness to push culture and warm hospitality combine to beyond conventional boundaries to reach create one of the most recognized and and well-educated new heights of success.” beloved places on earth. For decades, the – workforce make HIS is the meaning of the 17 counties served by the Bluegrass “Kentucky Unbridled Spirit,” Area Development District – has been the Bluegrass a the brand of the famous for its Thoroughbreds, which commonwealth of Kentucky. have attracted people from around the Nowhere are champions – globe and have helped to ear n Lexington special place to live whetherT they have two legs or four legs – the title of “Horse Capital of the World.” 8 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 9

Right; The unique qualities of the Bluegrass nurture Thoroughbreds, the most prized racehorses around the world.

In fact, Lexington is a sister city with Deauville, France; County Kildare, Ireland; Shinhidaka, Japan; and Newmarket, England – areas that also share the tradition of Thoroughbred breeding and racing. Now, the Bluegrass is preparing to welcome hundreds of thousands of visitors from around the world for the 2010 Alltech FEI World Equestrian Games,

world championships of eight equestrian photo PhotosbyZ.com

disciplines. The games will be held in Staff photo Lexington at the , which has been undergoing renovations and expansions to accommodate the prestigious event that will be conducted for the first time outside Europe. Organizers anticipate 600,000 tickets will

Right: Lexington nightlife is booming downtown, thanks to developments in many historic buildings.

Below: The William T. Young Library is the central library at the , the region’s largest institution of higher learning. Staff photo

The Bluegrass: Best-Educated Workforce in Kentucky 9 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 10

THE BLUEGRASS Staff photo Left: Restaurants and nightclubs that attr act patrons of all ages represent an area of major growth in downtown Lexington.

be sold to the 16-day games, which is expected to have an $150 million economic impact on Kentucky. In addition to its magnificent horse country, the Bluegrass also offers a flourishing business economy, first-rate educational opportunities and an enviable quality of life. Lexington, which serves as a healthcare, retail and cultural center for both Central and Easter n Kentucky, has one of the best-educated workforces in the United States, and, according to the 2008 Forbes Best Places Study, is fifth on the list of the Best Places for Business and Careers. The study takes into consideration growth, education, and business costs. Throughout the Bluegrass, median home prices are generally below the national average, while businesses will find some of the lowest rates in the nation for electric power, along with an abundant water supply, high- office facilities, and below-average industrial

Staff photo site and construction costs. Above: HP is one of the technology companies located at the Meanwhile, prime location is University of Kentucky's Coldstream Research Campus. another reason Central Kentucky is so 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 11

Right: The new UK Student Health Building is located blocks from downtown Lexington.

attractive to residents, visitors and businesses. The region is at the intersection of two major interstates, and includes two state parkways and a regional airport that has been expanded significantly. Few places in the country offer such spectacular countryside within minutes of urban areas.

Progressive economy The business boom in the Bluegrass always seems to improve with each passing year, and the 17 counties in the region are growing in part because of the emphasis on research and technology. Staff photo The commonwealth’s flagship university, hospitals that regularly attain high and on-site decision makers to answer the University of Kentucky in Lexington, national rankings. Technology and any questions. Bluegrass banks, from has taken on the challenge to achieve a innovation are the cornerstones of large to small, give back to the Top 20 research ranking. The university’s Central Kentucky’s healthcare institutions community. This involvement reflects the Coldstream Research Campus, located as they continue to provide the best in old-fashioned, small-town attitude found minutes from downtown Lexington, is personal care for each patient. throughout Central Kentucky. now home to 1,000 employees working This spirit of innovation also is in biotech, pharmaceutical and equine- reflected in the region’s financial services. Well-educated workforce related companies, university research Banks are small enough to treat Perhaps the most impressive factor in the centers, and a wide range of businesses. customers in a friendly, personal way, yet quality of life in the Bluegrass is the The region also is known for its offer the latest technology in Inter net educational level of its workforce. Both impressive healthcare facilities, including banking, computerized phone services public and private institutions in the r egion

Jeff Rogers photo offer a wide range of educational opportunities, and many of them rank Lexington was founded in 1775, among the nation’s finest for quality 17 years before Kentucky became and value. a state, and has a rich history. Today, The University of Kentucky, Eastern the downtown skyline is a blend of old and new buildings. Kentucky University in Richmond, and Kentucky State University in Frankfort are among the state’s eight public universities. Berea College in Madison County, in Danville, in Scott County, and Transylvania College in Lexington are private institutions that are nationally recognized for quality. For those who seek to combine additional education with their careers, there is no shortage of programs. The Kentucky Community and Technical College System offers various options at its campuses throughout the region. The National College of Business and Technology, Strayer University, and offer many programs for career professionals.

The Bluegrass: Best-Educated Workforce 11 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 12

THE BLUEGRASS Staff photo

Jeff Rogers photo Above: Downtown Lexington is a blend of historic and contemporary architecture and has room for future development.

Left: Evening creates fascinating patterns of light and water at Cour thouse Plaza.

Below: Horses continue to play a role in residents’ lives. Friends of the Lexington Mounted Police photo Mounted Police Friends of the Lexington

12 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 1-18rev_jc.qk:2004 Market Review 1-24.qk 9/29/09 1:05 PM Page 13

Excellent quality of life People seeking interesting ways to spend their leisure time should easily find something to do in the Bluegrass. The region has many outlets for

entertainment and the arts, whether your IBM Global Services photo taste ranges from listening to Bluegrass music to viewing Egyptian artifacts. Professional dance and theater companies, plays, ballets, orchestral performances, concerts and exhibitions showcase respected artists and performers from around the world. A number of historical sites give visitors a look at Central Kentucky’s rich heritage, from the place where downtown Lexington. The football team, Above: IBM Global Ser vices, located on Kentucky’s first constitution was drafted, which has won three consecutive bowl the Coldstream Research Campus, has become IBM's largest division since its to the magnificent State Capitol, and to games, plays at Commonwealth Stadium inception in 1991. pioneer forts and Civil War battlefields. before capacity crowds exceeding 67,000 Kentuckians who played vital roles in the people, often making the stadium the history of the state and the nation ar e third-largest city in Kentucky. remembered for their contributions and Another treasured sporting venue is No better place in tours of their homes and pr operties. historic Race Course, which The many professional, educational and Newcomers to the area will quickly offers world-class Thoroughbred racing in personal lifestyle opportunities make experience the deep passions inspired by April and October and holds four understanding why the Bluegrass is a gr eat University of sports. prestigious horse sales that attract buyers place to live and work quite easy. The men’s team, which has from around the globe. Recognized as one Somewhere within the region’s 17 counties won more games than any other Division of the most beautiful racetracks anywhere, is the perfect combination of urban and 1 program, draws some 23,000 fans for Keeneland is the place to be for ever yone rural lifestyle to suit every need and help to each home game at in from college students to professionals. unleash your “Unbridled Spirit.” G Staff photo

Above: Lexington Farmers Market has a popular downtown location on Saturdays.

The Bluegrass: Best-Educated Workforce in Kentucky 13 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 14

THE BLUEGRASS REGION United for Future Growth Spirit of cooperation helps Bluegrass region thrive

ESIDENTS of the Bluegrass region appreciate its great beauty and the Rwonderful environment it offers for education, business, recreation, and “Leaders in the Bluegrass region have always everyday living. But to preserve this shown a spirit of cooperation that helps our lifestyle and all it offers, we must area thrive in the present while planning a br ight carefully plan for the future. future – one that includes industr ial development Area Development Districts, or while maintaining the natural beauty that is a ADDs, are a means by which local Lenny Stoltz, symbol of the Bluegrass all over the world.” elected officials and citizens unite to Executive Director, provide for planned growth of their Bluegrass Area area. The Bluegrass Area Development Development District District is committed to improving the quality of life throughout our region. Properly located and carefully In addition to its regional planning • Help is given to local economic developed industrial sites will greatly role, an ADD, through its staff, provides development agencies and to planning stimulate local economies without technical and management assistance to commissions. spoiling the spectacular beauty local communities on a broad range of • Applications are prepared that seek of the Bluegrass. topics. To name a few: funding for a wide variety of public pr ojects. • Assistance is provided in meeting administrative requirements of various federal and state programs. • Public management assistance is rendered so that local governments may upgrade their levels of service. Plans and recommendations made by an ADD represent professional advice only. ADDs are not regulatory agencies, nor do they have the power to force compliance with their plans. Fortunately, leaders in the Bluegrass region have always shown a spirit of cooperation that helps our area thrive

29 in the present while planning a bright future – one that includes industrial development while maintaining the natural beauty that is a symbol of the Bluegrass all over the world. G

BLUEGRASS AREA DEVELOPMENT DISTRICT 699 Perimeter Drive Lexington, KY 40517 (859) 269-8021 bgadd.org [email protected] The 17-county Bluegrass Area Development District has an estimated population of near ly 750,000 people.

14 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 15

COMMERCE LEXINGTON INC. Hot Spot for Youth and Talent Lexington’s amenities fuel diversified employment opportunities

HE ROBUST economy of school diploma (87%), bachelor’s degree Lexington and the surrounding (38%), and an advanced degree (16%). Tarea is due in large part to Because of its educational attributes, diversified employment opportunities. emphasis on healthcare, and an overall The city’s largest employment sector – diverse economy, Lexington often the healthcare, educational, and social weathers recessions and downturns services industries – accounts for roughly better than most cities. BusinessWeek 28 percent of total jobs, according to the magazine named Lexington the 13th Bureau of Labor and Statistics in 2007. Bob Quick Woodford Webb “Best City for Riding Out a Recession.” Most of the remaining employment is President & CEO Chairman Lexington was recently named one of dispersed among government, retail the Top U.S. Hot Spots for Young, Talented trade, manufacturing, and construction. best place for business and careers by Workers in a Next Cities™ report, which As a result of these wide-ranging Forbes magazine in 2008. ranks the city 13th in the categor y of mid- opportunities, Lexington’s With an abundance of colleges and sized cities (population of 200,000 to unemployment rate is typically lower universities in the area, it’s not surprising 500,000). Next Cities™ attract and keep a than the rest of Kentucky and the nation. that Lexington has one of the most young, educated workforce with bustling Lexington has remained a very educated workforces in America. The city city centers, walkable neighborhoods, affordable place to do business, due in was ranked second in the nation for 2008 diverse career opportunities, and a vibrant large part to its relatively low utility by Business Facilities magazine, which art and music scene. costs. This was certainly a contributing looked at the percentage of the workforce All of this adds up to good business factor when the city was rated the fifth- 25 years of age and older with a high for everyone in Central Kentucky. G

The Bluegrass: Best-Educated Workforce in Kentucky 15 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 16

BUSINESS DEVELOPMENT PARTNERSHIP Building New Business in the Bluegrass New partnership designed to streamline the star t-up process for young companies

HREE major entities in Central assistance and information on every level, organized community that is working Kentucky have partnered to including the creation of business and together as a unit. Tstreamline the start-up process financial plans; loan programs and tax The idea behind the partnership for entrepreneurs and new business incentives; connections to funding sources; seems so logical that one might think development. access to service providers such as cities across the nation are already Commerce Lexington, the Lexington accountants, lawyers, marketing, public implementing such programs, but Fayette Urban County Government and the relations and advertising; real estate; Lexington leaders found that that was University of Kentucky Office for executive mentoring and consultation; and not necessarily the case. Commercialization and Economic university commercialization opportunities. “We found pieces. You can find models, Development have combined the expertise “We need more entrepreneurs, and but not for everything we wanted to do,” available through their respective there are lots of pieces to the puzzle to said Patrick S. Powell, director of the organizations to create the Bluegrass make it happen,” said Randall Stevens, Lexington Innovation and Business Development Partnership (BBDP), president and CEO of Mersive, which Commercialization Center. a “one-stop, super-service provider” that will help businesses get established or expand in Central Kentucky. The three organizations have been working together casually for years to help new businesses, but in early 2007, Lexington Mayor Jim Newberry, UK President Lee T. Todd Jr. and Commerce Lexington President and CEO Bob Quick decided to establish something more. Len Heller, UK’s Gina Greathouse, Patrick S. Powell, Anthony Wright, The consolidation means a greatly Vice President for Senior Vice President Director of Director of Economic simplified and convenient process, said Commercialization for Economic the Lexington Development, Quick, as opposed to having to visit and Economic Development at Innovation and Lexington-Fayette Development Commerce Commercialization Urban County several different physical locations to Lexington Center Government obtain information. As anyone who has been through the process can attest, the number of dif ferent develops and uses software to create high- “This partnership is something this agencies and organizations involved in resolution video displays. “If you’re small, community has needed for quite some getting a business off the ground can easily and you look at all that, you might just time,” UK President Lee Todd said. “It prove to be confusing and over whelming. walk away. But the partnership can help recognizes that we must work together For example, federal money comes through pave that out. As soon as they understand as a community to create the type of agencies such as the Small Business your situation, they can put you in front thriving, knowledge-based economy that Development Center, state funds move of the right people.” will allow Lexington to compete in the through the university, and local support The partnership also gives the global marketplace.” G from the business community comes Lexington-Bluegrass region an advantage through Commerce Lexington. Having a in terms of attracting businesses that ar e single physical location helps cut through considering locating in the area. Bluegrass Business the confusion, explained Gina Greathouse, “Typically, when companies come Development senior vice president for economic from outside the state, it’s particularly Partnership development at Commerce Lexington. difficult for them to find ever yone they 330 East Main St., Suite 100 “You save the entrepreneur time and need,” said Len Heller, UK’s vice Lexington, Ky. 40507 money because he can be back at work president for Commercialization and (859) 225-5005 growing his business, which is what he’s Economic Development. thinkbluegrass.com supposed to be doing,” Greathouse said. The partnership makes it easier for [email protected] The specialists available through the companies to make the necessary new partnership are available to provide contacts, and it presents a more

16 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 17 2009 Market Review 1-18.qk:2004 Market Review 1-24.qk 9/28/09 9:13 PM Page 18

DEMOGRAPHICS The 17-County Bluegrass Area Development District of Kentucky

HARRISON • Cynthiana NICHOLAS SCOTT • FRANKLIN • Carlisle # Georgetown BOURBON Frankfort • Paris WOODFORD FAYETTE Counties & ANDERSON • Versailles Lexington• CLARK • Principal Cities Lawrenceburg • Winchester JESSAMINE POWELL MERCER • Nicholasville • • MADISON Stanton Harrodsburg • ESTILL Richmond GARRARD • BOYLE Irvine • • Lancaster • Danville Berea

LINCOLN • Stanford

Population Actual Estimates

1970 1980 1990 2000 2008 2015 2020 2025 Anderson 9,358 12,680 14,571 19,111 21,446 23,324 24,782 26,034 Bourbon 18,476 19,393 19,296 19,360 19,988 20,848 21,457 22,012 Boyle 21,090 25,054 25,641 27,697 28,689 29,762 30,675 31,517 Clark 24,090 28,294 29,496 33,144 35,944 37,418 38,646 39,628 Estill 12,752 14,478 14,614 15,307 15,111 15,365 15,572 15,759 Fayette 174,323 204,415 225,366 260,512 275,298 296,647 310,262 322,194 Franklin 34,481 41,861 44,143 47,687 48,286 50,180 51,175 52,011 Garrard 11,579 10,852 11,579 14,792 17,611 19,862 21,224 22,354 Harrison 14,158 15,157 16,248 17,983 18,775 19,774 20,403 20,913 Jessamine 17,430 26,736 30,508 39,041 46,641 51,152 54,469 57,237 Lincoln 16,663 19,030 20,045 23,361 25,985 28,158 29,478 30,569 Madison 42,730 53,557 57,508 70,872 80,915 90,306 95,965 100,711 Mercer 15,960 19,019 19,148 20,817 22,139 23,337 24,106 24,785 Nicholas 6,508 7,112 6,725 6,813 7,012 7,329 7,461 7,583 Powell 7,704 11,171 11,686 13,237 14,003 14,810 15,252 15,652 Scott 17,948 21,898 23,867 33,061 44,320 49,755 54,871 59,701 Woodford 14,434 17,754 19,955 23,208 24,751 25,665 26,529 27,189 Totals 459,684 548,461 590,396 686,003 746,914 803,692 842,327 875,849 Source: Kentucky State Data Center and U.S. Census Bureau

18 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:26 PM Page 19 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:26 PM Page 20

ECONOMIC DEVELOPMENT

The renovation of Cheapside Park in downtown will include a permanent glass pergola for the weekly farmer’s market, more solid surfaces for pedestrians and in-ground lighting. Going Downtown Business development tied to enter tainment pumping projects into Lexington’s CBD

BY MARK GREEN president/executive director of the Dudley’s buzz Lexington Downtown Development One move creating a major buzz was EXINGTON is raising a toast to Authority. “And not only downtown, it’s restaurateur Debbie Long’s decision to entertainment-based business beginning to spread out.” move Dudley’s, one of Lexington’s icon Ldevelopment because nightclub and Since mid-2008, at least 20 bar, restaurants, from its Maxwell Street site restaurant entrepreneurs are the ones restaurant and nightclub projects have to Short Street in the middle of bellying up to the bar and laying their taken off in and around central downtown. After 28 years, Dudley’s money down in downtown. It’s been a Lexington. Added to existing venues, this operations are shifting to a 130-year-old welcome trend for the Bluegrass during a mini-boom is creating a critical mass of multistory space. A $700,000 renovation tough global recession that has hit retail, choices that make downtown perhaps is expected to include a rooftop terrace manufacturing, housing, finance and the region’s prime evening outing dining area. commercial activity in general. destination. When lease renewal couldn’t be “It’s pretty amazing what’s been Several projects are expansions, but resolved for her original digs, Long said happening this year,” said Harold Tate, most are new businesses. she decided she wanted to be “in the

20 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:26 PM Page 21

Right: The former Fayette County Courthouse building on Main Street will be reno vated and become an integral part of Cheapside Park as depicted in the render ing on the preceding page.

epicenter of downtown.” Her move was welcomed with open arms by downtown development officials, who view it as confirmation of the economic energy that is building. Downtown revivals are a definite national trend, said Renee Jackson, president/executive director of Downtown Lexington Corp.

Social street life Meanwhile, on the public front, two major local government infrastructure projects underway will improve social street life in the . The Cheapside Park renovation and phase Staff photo one of the Limestone Corridor project 2008 has strategies and guidelines for non-peak “parking lanes.” The wider are first pieces of a $70 million the incremental transformation of sidewalks will accommodate sidewalk Lexington Streetscape Master Plan, downtown Lexington’s public realm. cafes and gathering spaces. whose infrastructure strategies will For example, a $1.1 million first Spring 2010 will see the soft launch promote alternative transportation modes phase of a downtown streetscape project of a trolley system downtown, too, and re-empower pedestrians. – Main Street from Broadway to Elm Tree Jackson said. Trolleys will run east-west The Streetscape Master Plan adopted Lane – is moving forward with a plan to from Midway Avenue to Lexington unanimously by the Lexington-Fayette install curbside rain gardens, wider Center and north-south from Urban County Council in September sidewalks, dedicated bike lanes, and to the University of Kentucky. Plans call for five trolleys to be running on a consistent, timely basis by the opening of the Alltech FEI World Equestrian Games (WEG) in late September of next year. At the other end of the transportation spectrum is the $90 million Newtown Pike Extension project just northwest of downtown. The first phase of this pr oject to extend Newtown Pike from West Main Street for 1.5 miles to Versailles Road will be completed before WEG arrives. The Newtown Pike extension will help divert through traffic around the central business district.

Opera time Additionally, officials at the Lexington Center Corp. knocked a little tar nish off of one downtown’s finest entertainment heirloom pieces with a $1.5 million This rendering envisions how North Limestone Street will look after it under goes transformation into the Limestone Cor ridor linking the University of Kentucky south of renovation of the historic Lexington downtown and Transylvania University north of downtown. It will feature wider sidewalks for Opera House. The update was completed pedestrians and dining, bike lanes, rain gardens and underground utilities. last fall.

The Bluegrass: Best-Educated Workforce in Kentucky 21 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:26 PM Page 22

ECONOMIC DEVELOPMENT

The Lex project on South Broadway targets students with modern apartments just south of downtown a few blocks from the University of Kentucky.

Games, which will bring tens of thousand of visitors from around the world to the Kentucky Horse Park for 16 days in late September and early October 2010. Attendance at the 16 days of competition from September 26 through Staff photo October 10 is expected to be 500,000 to 600,000, drawing equestrians and well- heeled spectators literally from around Built in 1886, the 950-seat Opera The opera house improvements had the world. House is one of just 14 historic U.S. been planned for years, but why all the But WEG is not the only factor. Tate theaters built before 1900 that still other activity during what many believes the stalled CentrePointe project presents performances. Its renovation consider the worst economic times since slated for a now-empty square block in included all new seats; state-of-the-art the Great Depression? the very middle of Lexington created sound system; redesign of the backstage opportunity, too, by disrupting the status dressing rooms and technical space; new To the top quo. CentrePointe, a $280 million 35- lobby and pub furnishings; and One clear spur to action is, of course, the story hotel-condo-office-retail project improved safety lighting throughout. Alltech 2010 FEI World Equestrian announced in March 2008, displaced

Penguins Target: Downtown 517 W Main St. Planned use: Piano bar ERE are the restaurants, bars, The Chase Tap Room 6,947 s.f. nightclubs, entertainment Victorian Square, 135 North Broadway Cost: $100,000 venues, and other projects that Planned Use: Bar Completion date: Fall 2008 H 1,250 s.f. Developer/owner: Craig Hays are taking off in and around central Cost: $25,000 Sound Bar Lexington. Completion date: June 2008 208 South Limestone Developers/Owners: Robert Garrison, Planned use: Bar and enter tainment Bakers 360 Chris Heflin and Anthony Mancuso 4,222 s.f. 201 E. Main Street, 15th Floor Pulse Cost: $100,000 Planned use: Restaurant and bar 257 W. Short St. Completion date: Spring 2009 Size: 10,000 s.f Planned use: Bar and enter tainment Developer/owner: Cost*: $700,000 2,650 s.f. David Jones and Isaac Kur s Completion date: April 2009 Cost: $150,000 Tin Roof Developer/owner: Steve Taylor Completion date: July 2009 303 South Limestone Sky Bar Developer/owner: Daryl Royse and Planned use: Restaurant, bar and live 269 W Main St., 9th floor Brad Shepherd entertainment Planned use: Bar Silks 3,627 s.f. 3,300 s.f. 125 N. Mill St. Cost: $40,000 Cost: $190,000 Planned use: Nightclub Completion date: Spring 2009 Completion date: October 2009 1,500 s.f. Manager: Wes Stephens Developer/owner: Vince Carlucci Cost: $55,000 Natasha’s (expansion) Dudley’s Completion date: Spring 2009 112 Esplanade 259 W. Short St. Developer/owner: Sandy Fields Planned use: Restaurant and live enter- Planned use: Restaurant and bar The Loft/Hef ’s Sports Lounge tainment 8,000 s.f. Victorian Square, 401 W. Main St. 3,841 s.f. Cost: $700,000 Planned use: Nightclub/sports bar Cost: $40,000 Completion date: December 2009 8,800 s.f. Completion date Spring 2008 Developer/owner: Debbie Long Cost: $50,000 Developer/owner: Completion date: September 2009 Gene and Natasha Williams Developer/owner: Robert Garrison, Chris Heflin and Anthony Mancuso

22 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:26 PM Page 23

several popular downtown nightspots. It disrupted the status quo, and that created an opportunity. In some respects, a form of changing of the guard is occurring – and not just seen in the demise of the grungy establishments that had occupied the crumbling buildings cleared from the block bounded by Main, Limestone, Vine and Upper. For instance, the private upscale Lafayette Club that had long operated on the top floor of the Chase Building at 201 E. Main St. closed in early 2008. The entir e 12,500-s.f 15th floor was gutted and remade and reopened last Good Friday as the glitzy, modern Bakers 360. Clubby wood paneling gave way to a contemporar y steak/sushi restaurant and nightclub with dramatic stone, fire and water features; multimedia-equipped meeting space; chef ’s room dining; and a stage and dance floor Staff photo Lexington Center and Rupp Arena anchor the west end of downtown Lexington. whose action doubles as video entertainment on screens in the bar.

Metropol (expansion) Cosmic Charlie’s Molly Brooks 307 W. Short St. 388 Woodland Ave. 109 North Limestone Planned use: Bar and restaurant Planned use: Nightclub Planned use: Nightclub 3,814 s.f. 2,236 s.f. 925 s.f. (first floor only) Cost: $1,000,000 Cost: $500 Cost: $100,000 Completion date: Fall 2009 Completion date: September 2009 Completion date: March 2008 Developer/owner: Dr. John Shrimley Developer/owner: John Tresaloni Developer/Owner: Darren Geary DeVassa Bar and Cafe Buster’s Billiards and Backroom Lexington Opera House (renovation) Victorian Square, 401 W. Main St. 899 Manchester St. 401 W. Short St. Planned use: Restaurant and live enter- Planned use: Live music and bar Planned use: Live entertainment tainment 10,000 s.f. 6,977 s.f. 1,905 s.f. Cost: $250,000 Cost: $1,500,000 Cost: $50,000 Completion date: August 2009 Completion date: Fall 2008 Completion date: Spring 2008 Developer/owner: Clark and Jessica Case Developer/owner: Lexington Center Developer/owner : “DeVassa” Grey Goose Corp. Lower 48 170 Jefferson St. Cheapside Park project Victorian Square, 401 W. Main St. Planned use: Restaurant and bar Cheapside and Main Planned use: Live entertainment 4,548 s.f. Planned use: Public park 1,850 s.f. Cost: $85,000 Cost: $3 million Cost: $3,500 Completion date: November 2009 Completion date: April 2010 Completion date: August 2008 Contact Person: Keith Clark Developer/owner: Lexington Fayette Developer/owner: Shawn Sewell Club 903 Urban County Government Jazzy G’s 903 Manchester St. Limestone Corridor project 209 Old Georgetown St. Planned use: Nightclub South Limestone from Euclid Avenue to Planned use: Live entertainment 4,011 s.f. Vine Avenue 1,190 s.f. Cost: $60,000 Planned use: Public thoroughfare Cost: $5,000 Completion date: January 2009 Cost: $17 million Completion date: June 2009 Contact Person: Deborah Cole Completion date: July 2010 Developer/owner: Geoffrey Grimes Developer/owner LFUCG

*Cost: Figures listed are obtained from building per mits for construction/renovation and do not include equipment, fixtures, leases or property purchase amounts.

The Bluegrass: Best-Educated Workforce in Kentucky 23 2009 Market Review 19-37rev_jc.qk:2004 Market Review 1-24.qk 9/29/09 1:07 PM Page 24

ECONOMIC DEVELOPMENT

Above: This artist’s rendering envisions Vine “Downtown is growing up,” Tate said. Downtown corridor Street in downtown Lexington after Renee Jackson, president/executive Yet another factor is that many years of implementation of the streetscape master plan. director of Downtown Lexington Corp., town-gown relationship building efforts Below: The master streetscape plan calls also credits bourbon’s growing are bearing fruit. The University of for Main Street in downtown Lexington popularity for some of the activity. Kentucky just south of downtown and to include wider sidewalks with space f or outdoor cafes, rain gardens to improve At least one of the new downtown Transylvania University to the north water runoff and upgraded bicycle lanes. bars, Silks, is part of the r ecent today “realize the importance of a lively bourbon bar trend. downtown,” Tate said. The colleges are dropping their traditional inward- looking, insular orientation. New campus projects recognize and engage the outside world. In fact, the biggest single project underway in Lexington’s central business district is the first phase of an inviting corridor linking UK to Transy, necessarily passing right through downtown. Phase one of the Limestone Corridor is a $17 million facelift that is reworking the four blocks from Euclid/Avenue of Champions on the UK campus to V ine Street downtown. When completed by July 2010, this section of Limestone will have underground utilities; wide sidewalks and bicycle lanes; attractive rain/water gardens that will improve handling of stormwater runoff; and better lighting to

Continued on page 26

24 The Lane Repor t’s 2009-2010 Market Review of the Bluegrass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 25 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 26

ECONOMIC DEVELOPMENT

Right: Tin Roof is a new restaurant and live entertainment venue on Limestone Street near the University of Kentucky.

Continued from page 24

improve safety for the increased pedestrian traffic it will attract. “It will have a huge impact,” Tate said. The second phase after the World Equestrian Games will bring similar improvements to Limestone from Vine Street north to Third Street and the Transylvania campus.

Best foot forward The Limestone Corridor is just one part of a broader streetscape plan for downtown. Main Street will get a malls and suburbs, the economic wheel options are a huge part of what makes uniform look from Thoroughbred Park at of fortune has spun full circle and is our community great. Midland Avenue on the southeast to reviving the region’s central business “The local restaurant and bar scene has Triangle Park at Broadway. district as its entertainment district. seen many positive changes in recent years, “There is a national trend to bring back “Economic development and quality resulting in more locations in and around downtowns,” said Jackson. More people are of life go hand-in-hand. They both downtown to longer hours of operation. living in and near downtown Lexington, complement each other, leading to a The diversity of Lexington’s restaurant which is happening in communities around stronger community that is the envy of options is important to both locals and the country, she said. others around the world,” said Robert L. visitors, and will certainly help us put our After a couple of generations in Quick, president/CEO of Commerce best foot forward during next year’s Alltech which commercial activity has shifted to Lexington Inc. “Our entertainment FEI World Equestrian Games.” G

Above: Buster’s has relocated from a block in downtown that was razed for the CentrePointe project to Manchester Street in the Distillery District. It is now downtown’s largest live music venue.

Right: Groundbreaking ceremonies were held in July for a $6 million renovation of the former Lyric Theater at East Third Street and Elm Tree Lane, which is being rebuilt into a city-owned performing arts and community center.

26 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 27 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 28

FINANCIAL SERVICES Money Is Safe and Solid Conservative lending and investment practices pay off in Central Kentucky

ENTRAL Kentucky’s financial institutions serve a variety of Ccustomers, including residents,

established businesses, and new investment. Jeff Rogers photo In the changing economy, stability in this area is imperative to meet the needs of the community. By sticking with traditional practices, banks throughout the state have remained on a solid financial footing while the nation weathers its worst economic crisis since the Great Depression. Collectively, the state’s banking system ranks seventh in the nation, according to the Kentucky Bankers Association. And one of the state‘s lar gest institutions was recognized among the 10 best-performing banks in the nation. “From my viewpoint, it is because we are a very plain vanilla, conservative state when it comes to banking,” said Ballar d Cassady, executive director of the Kentucky Bankers Association. “It’s been at least 20 years since a Kentucky bank has failed, and we‘re working very hard to make sure it stays that way,” said Kelly May, spokesperson BANK OF THE BLUEGRASS Central Bank, which has an extremely visible for the state’s Department of Financial & TRUST COMPANY home in downtown Lexington, provides a Institutions, which regulates the 158 101 E. High St. comprehensive range of services to citizens and businesses in Central Kentucky. banks with state charters. Lexington, KY 40507 (859) 233-4500 Following is a list of major banks, bankofthebluegrass.com credit unions, registered investment BANKER’S BANK OF KENTUCKY CENTRAL KENTUCKY advisors, CPA firms and insurance 107 Progress Drive FEDERAL SAVINGS BANK companies in the Bluegrass. Frankfort, KY 40601 340 W. Main St. (502) 695-3000 Danville, KY 40423 BANKS bbky.com (859) 236-4181 BRANCH BANKING & TRUST CO. centralkyfsb.com CENTURY BANK OF KENTUCKY INC. 1ST INDEPENDENCE BANK (BB&T) 201 W. Woodford St. 104 S. Chiles St. 360 E. Vine St. Lawrenceburg, KY 40342 Harrodsburg, KY 40330 Lexington, KY 40507 (502) 859-5111 (859) 734-5452 (859) 281-2120 centurybankky.com 1stindependence.com bbt.com CITIZENS GUARANTY BANK AMERICAN FOUNDERS BANK INC. CENTRAL BANK & TRUST CO. 457 E. Main St. 318 E. Main St. 300 W. Vine St. Richmond, KY 40475 Lexington, KY 40507 Lexington, KY 40507 (859) 624-2138 (859) 367-3700 (859) 253-6222 mycgb.com afbusa.com centralbank.com CITIZENS NATIONAL BANK BANK OF LEXINGTON INC. CENTRAL BANK, FSB OF JESSAMINE COUNTY 761 Corporate Drive 301 N. Main St. 201 N. Main St. Lexington, KY 40503 Nicholasville, KY 40356 Nicholasville, KY 40356 (859) 219-2900 (859) 885-2282859-885-2282 (859) 885-0900 bankoflexington.com centralbank.com cnbjc.com

28 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 29

CITIZENS COMMERCE NATIONAL BANK AMERICAN FOUNDERS BANK to small and 534 Marsailles Road 318 E. Main St. large businesses, Versailles, KY 40383 Lexington, KY 40507 as well as to (859) 879-9455 (859) 367-3700 citizenscommerce.com individuals, COMMUNITY TRUST BANK INC. afbusa.com helping them 100 E. Vine St. each to manage Lexington, KY 40507 Our team at American Founders Bank their unique (859) 389-5350 is focused on what matters most – our financial ctbi.com customers. We strive to go above and John T. Taylor, situation. With DEPOSIT BANK OF CARLISLE President/CEO, beyond customer expectations as we an experienced 102 E. Main St. American Founders Carlisle, KY 40311 provide the products, services and Bank banking team (859) 289-2205 expertise that our customers need, and assets of CUMBERLAND VALLEY especially in this changing economy, at $500 million, AFB provides the NATIONAL BANK & TRUST CO. each of our locations in Lexington, expertise of a large bank with the 2703 Richmond Road, Suite 130 Lexington, KY 40509 Louisville and Shelbyville. individualized focus of a community (859) 268-1189 We offer a broad range of services bank. cvnb.com FARMERS BANK & CAPITAL TRUST COMPANY 125 W. Main St. FARMERS BANK & TRUST COMPANY FARMERS NATIONAL BANK Frankfort, KY 40601 OF GEORGETOWN OF CYNTHIANA (502) 227-1600 200 E. Main St. 101 E. Pike St. farmersfrankfort.com Georgetown, KY 40324 Cynthiana, KY 41031 (502) 863-2393 (859) 234-3100 fbtrust.com fnbcynthiana.com 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 30

FINANCIAL SERVICES

FARMERS NATIONAL BANK OF DANVILLE CENTRAL BANK Central Bank works with clients 304 W. Main St. 300 W. Vine St. locally, but as a wholly-owned Danville, KY 40422 Lexington, KY 40507 subsidiary of Central Bancshares Inc., (859) 236-2926 (859) 253-6222 its business reach and resources are fnbky.com centralbank.com statewide. Central Bancshares is a FIFTH THIRD BANK 250 W. Main St. leader among financial institutions in Lexington, KY 40507 Central Bank Kentucky. Headquartered in Lexington, (859) 455-5300 serves the citizens Central Bancshares’ network includes 53.com and businesses of 28 offices throughout Central FIRST FEDERAL BANK Lexington and Kentucky, Northern Kentucky and 110 W. Vine St. Central Kentucky Lexington, KY 40507 Louisville that serve more than 100,000 (859) 253-2605 with a customers. At year-end 2008, the ffbankky.com comprehensive network had $1.9 billion in deposits, FIRST SOUTHERN BANCORP range of services, ranking fourth among institutions 102 W. Main St. Luther Deaton, combined with chartered in Kentucky. Stanford, KY 40484 Chairman/President/ expert advice and Central Bank reinvests time and (606) 365-2137 CEO, Central Bank fsnb.net personal service resources to help build vibrant and FIRST STATE FINANCIAL you would expect healthy communities by supporting 3620 Walden Drive, Suite 100 from a community bank. Within minutes philanthropic organizations and Lexington, KY 40517 of your home or office, Central Bank’s pursuing established goals of lending (859) 278-5858 convenient locations, staff and expanded and investing to support community firststatefinancial.net online banking services deliver full FORCHT BANK development. Through efforts like 2404 Sir Bar ton Way complement of personal and business these, Central Bank is able to make Lexington, KY 40509 banking, mortgage, investment, meaningful contributions to the (859) 264-2265 insurance, wealth management communities in which its employees forchtbankky.com and trust services. and customers live and work. GUARDIAN SAVINGS BANK 501 Southland Drive Lexington, KY 40503 JPMORGAN CHASE KENTUCKY BANK (859) 263-3335 201 E. Main St. 2021 S. Main St. guardiansavingsbank.com Lexington, KY 40507 Paris, KY 40361 (859) 231-1000 (859) 987-1795 chase.com kybank.com

Staff photo LAWRENCEBURG NATIONAL BANK 838 N. College St. Harrodsburg, KY 40330 (859) 734-2626 lnbky.com MADISON BANK 1001 Gibson Bay Drive, Suite 101 Richmond, KY 40475 (859) 626-8008 madisonbankky.com NATIONAL CITY 301 E. Main St. Lexington, KY 40507 (859) 281-5383 nationalcity.com PEOPLES BANK AND TRUST CO. OF MADISON COUNTY 419 Chestnut St. Berea, KY 40403 (859) 986-6860 whitakerbank.com PNC BANK NA 200 W. Vine St. Lexington, KY 40507 PNC Bank's new LEED-cer tified branch is located in the Hamb urg area. (859) 281-0450 pnc.com

30 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 31

REPUBLIC BANK & TRUST CO. 2401 Harrodsburg Road FIRST STATE FINANCIAL group life, disability, and property and Lexington, KY 40504 3620 Walden Drive casualty insurance services. (859) 224-1183 Lexington, KY 40517 We hold fast to traditional values republicbank.com (859) 278-5858 and believe every customer deserves a STATE BANK & TRUST CO. firststatefinancial.net powerful, full-service bank – the 211 S. Main St. Harrodsburg, KY 40330 services most appropriate for your (859) 734-3316 Banking is the needs, not necessarily the biggest statebanktrust.com essential financial bank. Customers appreciate our TOWN & COUNTRY BANK service, but in personal attention at every branch. AND TRUST CO. today’s busy First State Financial’s growth in 234 N. Plaza Drive Nicholasville, KY 40356 world, you want Lexington is backed by our sterling (859) 881-0717 a bank that does reputation from more than a century in mytcbt.com more. That’s why Southeastern Kentucky with offices in TRADITIONAL BANK we confidently Pineville, Middlesboro (headquarters), 49 W. Main St. Greg Kessinger, open doors for Bell County and Williamsburg as well as Mt. Sterling, KY 40353 Regional President, you by offering in Jellico and Tazewell, Tenn. Lexington- (859) 498-0414 First State Financial traditionalbank.com financial services based First State Insurance offers group UNITED BANK such as commercial mortgages; land health, group life and disability insurance, 200 E. Main St. acquisition and development loans; and Mountain Valley Insurance offers Georgetown, KY 40324 residential construction lending; property and casualty insurance. (859) 388-9360 business banking; remote deposit At First State Financial, you will unitedbankky.com capture; an array of deposit products; always know where your money is – consumer loans; Internet banking; safe, sound and secure while working investment services; and group health, to strengthen the local economy.

The Bluegrass: Best-Educated Workforce in Kentucky 31 2009 Market Review 19-37rev_jc.qk:2004 Market Review 1-24.qk 9/29/09 1:08 PM Page 32

FINANCIAL SERVICES

U.S. BANK REPUBLIC BANK honored as one 2020 Nicholasville Road 2401 Harrodsburg Road of America’s Top Lexington, KY 40503 Lexington KY 40504 10 Banks. We (859) 232-8185 usbank.com (859) 225-5099 are financially WHITAKER BANK republicbank.com strong, and what 2001 Pleasant Ridge Drive we make here Lexington, KY 40509 As Kentucky’s largest homegrown and stays here in (859) 543-4000 Commonwealth-based bank, we’re Kentucky. We whitakerbank.com unique in many ways. Our bankers, Bo Henry, Market were here for President, CREDIT UNIONS decision makers, associates and you yesterday, Lexington/Central Ky, customers all live and work right her e. Republic Bank we’re here for COMMONWEALTH CREDIT UNION Corporately, we devote our resources, you today, and 417 High St. both human and financial, to helping we’ll be here for you tomorrow.® Frankfort, KY 40602 folks realize their dreams, and by giving Want to talk about your banking (502) 564-6612 ccuky.org back to the communities we ser ve. relationship? Give us a call at (859) GREATER KENTUCKY CREDIT UNION Republic Bank recently was 224-1183. 1001 Red Mile Road Lexington, KY 40504 (859) 231-9300 gtkycu.com HEALTH & EDUCATION FEDERAL CREDIT UNION 424 Park Place Lexington, KY 40511 (859) 231-8262 thefcu.com KENTUCKY EMPLOYEES CREDIT UNION 100 Moore Drive Frankfort, KY 40601 (502) 564-5597 kecu.org KENTUCKY UTILITIES EMPLOYEE FEDERAL CREDIT UNION One Quality St. Lexington, KY 40507 (859) 367-1230 kuefcu.com LEXINGTON POSTAL CREDIT UNION 1088 Nandino Blvd. Lexington, KY 40511 (859) 233-7902 lexpcu.com LIBERTY ALLIANCE FEDERAL CREDIT UNION 2421 Members Way Lexington, KY 40504 (859) 245-3777 libertyalliancefcu.com MEMBERS HERITAGE FEDERAL CREDIT UNION 440 Park Place Lexington, KY 40511 (859) 259-3466 membersheritage.org

Traditional Bank offers 12 convenient banking centers in Central and Eastern Kentucky.

32 The Lane Repor t’s 2009-2010 Market Review of the Bluegrass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 33

METRO EMPLOYEES CREDIT UNION 1306 Versailles Road, Suite 140 CHASE BANK Kentucky, and one of the strongest Lexington, KY 40504 201 E. Main St. financial institutions in the nation, Chase (859) 258-3990 Lexington, KY 40507 is helping with the economic recovery. metroemployeescu.org PARK COMMUNITY (859) 231-2324 JPMorgan Chase provided FEDERAL CREDIT UNION chase.com approximately $150 billion in new 440 W. credit to consumers, corporations, Lexington, KY 40511 Kentucky has small businesses, municipalities and (859) 255-6881 lagged the non-profits in the second quarter of parkfcu.org national economy 2009. Nearly $15.1 billion went UNIVERSITY OF KENTUCKY FEDERAL CREDIT UNION for most of the directly to small- and medium-sized 2557 Sir Bar ton Way decade, and firms across the country, up 50 Lexington, KY 40509 although our percent from the last quarter. (859) 264-4200 downturn has not In fact, Chase is in a unique ukfcu.org been as harsh as position to grow during these REGISTERED INVESTMENT ADVISORS Donald C. Hellmann, the national challenging economic times because of President, Chase in economy, the our well-capitalized position of CENTRAL BANK Central Kentucky years ahead will strength. We’ve seen significant INVESTMENT ADVISORS LLC be challenging. demand for our services from new and 300 W. Vine St. But with the national economy expected existing clients. Lexington, KY 40507 to turn around later this year, Kentucky Chase is focused on helping our (859) 253-6222 centralbank.com should benefit as well. clients succeed, which in turn will have a As the leading bank in Central positive impact on our economy.

The Bluegrass: Best-Educated Workforce in Kentucky 33 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 34

FINANCIAL SERVICES

COOPER MANAGEMENT SERVICE INC. COMMUNITY TRUST BANCORP INC. Central 106 W. Vine St., Suite 700 346 North Mayo Trail Kentucky; six Lexington, KY 40507 P.O. Box 2947 banking (859) 259-0063 Pikeville, KY 41502-2947 locations in cooperms.com DUPREE & CO. INC. (606) 432-1414 Southern West 125 S. Mill St. ctbi.com Virginia; and five Lexington, KY 40507 trust offices (859) 254-7741 Community Trust Bancorp Inc. across Kentucky. dupree-funds.com operates as the holding company for Jean Hale, As of March 31, DUPREE FINANCIAL GROUP Chairman/President/ Community Trust Bank Inc. and 2009, 237 E. Main St. CEO, Community Lexington, KY 40507 Community Trust and Investment Trust Bancorp Inc. Community Trust (859) 233-0400 Company. It primarily offers Bancorp Inc. had dupreefinancial.com commercial and personal banking assets of $3 billion and employed mor e ES BARR & COMPANY services, and trust services. than 1,000 individuals. 1999 Richmond Road, Suite 1B Community Trust Bank currently Community Trust Bancorp Inc. is Lexington, KY 40502 (859) 266-1300 has 70 banking locations across Eastern, traded on the NASDAQ stock market FIRST KENTUCKY Northeastern, Central, and South under the symbol “CTBI.” SECURITIES CORPORATION 305 Ann St., Suite 400 Frankfort, KY 40601 SPECTRUM FINANCIAL CPA FIRMS (502) 875-4611 ALLIANCE LTD. LLC firstky.com 105 Windhaven Drive BARR, ANDERSON & ROBERTS, PSC MONEYWATCH ADVISORS INC. Nicholasville, KY 40356 2335 Sterlington Road, Suite 100 2692 Richmond Road, #206 (859) 223-6333 Lexington, KY 40517 Lexington, KY40509 spectrumalliance.com (859) 268-1040 (859) 268-1117 VERRETTE CAPITAL barcpa.com RUSSELL CAPITAL MANAGEMENT INC. MANAGEMENT LLC CROWE HORWARTH LLP 476 E. High St., Suite 100 1030 Monarch St. #330 144 N. Broadway, Suite 300 Lexington, KY 40507 Lexington, KY 40513 Lexington, KY 40507 (859) 254-5225 (859) 296-1555 (859) 252-6738 russcap.com verrettecapital.com crowehorwath.com DEAN DORTIN & FORD, PSC 106 W. Vine St., Suite 600 U.S. BANK “U.S. Bank is one of America’s Lexington, KY 40507 2020 Nicholasville Road strongest banks,” says Bob Canada, who (859) 255-2341 Lexington, KY 40503 as regional president for Central and deandortonford.com (859) 232-8185 Northeast Kentucky is responsible for 32 DULWORD, BREEDING & KARNS LLP 121 Old Lafayette Ave. usbank.com offices in 16 counties, including the Lexington, KY 40502 Lexington market. “We are well (859) 259-1072 U.S. Bank, the capitalized, ready to lend, and poised to dbkcpa.com sixth-largest serve every customer from Main Street MILLER, MAYER, SULLIVAN bank nationally, in Berea to downtown Lexington. We & STEVENS LLP has a substantial also have a talented team, including 2365 Harrodsburg Road, Suite A100 Lexington, KY 40504 commitment in commercial middle-market and real (859) 223-3095 the estate relationship managers, and a wide mmssllp.com Commonwealth range of products and services to help MOUNTJOY & BRESSLER LLP of Kentucky. individuals and businesses come 175 E. Main St., Suite 200 Robert M. Canada, With 124 offices through these trying times with flying Lexington, KY 40507 (859) 255-4950 Regional President, in 37 counties, colors.” C/NEKY Community mountjoybressler.com U.S. Bank has Canada added, “In a banking Banking, U.S. Bank POTTER & COMPANY LLP more offices in environment where many banks are 301 E. Main St.. Suite 1100 more counties in the Commonwealth limited in their capacity to ser ve some Lexington, KY 40507 than any other financial institution customers because of financial or (859) 253-1100 and has just under $3 billion in credit constraints, U.S. Bank is safe, mspotter.com deposits. solid, and open for business.”

34 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 35

PRICEWATERHOUSECOOPERS LLP FORCHT BANK founded or acquired 10 additional 448 Lewis Hargett Circle, Suite 280 Lexington, KY 40503 2404 Sir Bar ton Way banks; on December 31, 2007, all 10 (859) 255-3366 Lexington, KY 40509 banks were combined under one charter pwc.com (859) 264-2265 to form Forcht Bank. RAY, FOLEY, HENSLEY forchtbankky.com Mark Boison joined the bank as & COMPANY PLLC president on April 1, 2009, and is now 230 Lexington Green Circle, Suite 600 With more than Lexington, KY 40503 responsible for the overall management. (859) 231-1800 $1 billion in assets He oversees teams of dedicated local rfhco.com and 36 banking management and officers who work with STIVER & ASSOCIATES PCS centers in 11 business and retail customers in the 190 Market St., Suite 1 counties, Forcht communities we serve. Lexington, KY 40507 Bank (pronounced In addition, through numerous (859) 254-4427 stiverscpa.com “fork”) is among endowments, Forcht Bank also the 10 largest supports a number of local charities INSURANCE COMPANIES Mark Boison, bank groups that touch the lives of many President, headquartered in Kentuckians throughout the state. Forcht Bank AETNA Kentucky. Forcht While Forcht Bank has grown into 101 Yorkshire Blvd. Bank’s small-town values and one of the largest bank groups in Lexington, KY 40509 (859) 264-7354 commitment to customer service fit each Kentucky, the bank’s directors, aetna.com of its markets in a unique way. management, and 400 employees remain ARISON INSURANCE Named after founder and CEO Terry focused on serving their communities 2343 Alexandria Dr. E. Forcht, the bank has humble and the commonwealth through an array Lexington, KY 40504 beginnings. Forcht opened his first bank, of banking services provided by friendly, (859) 223-1295 arisoninc.com Tri-County National Bank in Corbin, in local people. That is why Forcht Bank is 1985. In the following years, Forcht “The Friendly Face of Banking.”

The Bluegrass: Best-Educated Workforce in Kentucky 35 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 36

FINANCIAL SERVICES

ANTHEM BLUE CROSS PNC FINANCIAL SERVICES GROUP Kentucky. “It is business as usual as we AND BLUE SHIELD 301 E. Main St. serve the credit and banking needs of 13550 Triton Park Blvd. Lexington, KY 40507 our consumer and business customers. Louisville, KY 40223 (859) 282-5200 The immediate consolidation in January (502) 889-2000 www.anthem.com pnc.com of our ATM network is evidence of how BLUEGRASS FAMILY HEALTH INC. we will deliver more to our customers, 651 Perimeter Drive, Suite 300 For more than from innovative new products and Lexington, KY 40517 150 years, the services to the stability and confidence (859) 269-4475 letters PNC have that come with being part of one of the www.bgfh.com stood for nation’s leading financial services firms.” CHA HMO INC. 300 W. Vine St., 16th Floor strength, PNC provides the advantage of Lexington, KY 40507 confidence and size, strength, technology and local (859) 232-8686 stability. Now, commitment with the sophistication www.cha-health.com they stand for of one of the nation’s largest HUMANA INC. Harry T. Richart III, the people of institutions and the personal service 450 E. New Circle Road Lexington, KY 40505 Regional President, National City as of friends and neighbors. PNC has a PNC (859) 253-9791 well. The diversified business mix and operates humana.com combined company is one of the a regional banking franchise in KENTUCKY EMPLOYERS’ nation’s top five banks by deposits and Kentucky and Indiana, along with 12 MUTUEL INSURANCE branches, with $291 billion in assets. other states and the District of 250 W. Main St., Suite 900 But numbers tell only part of the stor y. Columbia. Our specialized financial Lexington, KY 40507 (859) 425-7800 “With National City officially part of business serves companies and www.kemi.com PNC, we launch an exciting new era,” government entities, as well as said Harry T. Richart III, regional asset management and fund president of PNC Bank in Central processing companies.

36 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 19-37.qk:2004 Market Review 1-24.qk 9/28/09 8:27 PM Page 37

MASS MUTUEL FINANCIAL GROUP TRADITIONAL BANK president after serving as chief 2365 Harrodsburg Road, Suite A300 Lexington, KY 40504 49 W. Main St. operations officer. William Bramblet 859) 223-4141 Mt. Sterling, KY 40353 continues as chief executive officer. www.massmutual.com (859) 498-0414 “I’m looking forward to working METLIFE AUTO & HOME traditionalbank.com with Bill and Andy in their new r oles,” 2317 Alumni Park Plaza, Suite 110 said Bramblet. “I’m particularly excited Lexington, KY 40517 Traditional Bank about the knowledge, energy, and (859) 245-8100 www.metlife.com is proud of its commitment to excellence that each of NEW YORK LIFE INSURANCE CO. history as an them embody. I know the future of 220 Lexington Green Circle, Suite 340 independently our bank is in good hands.” Lexington, KY 40503 owned By continuing to expand products (859) 272-9500 community bank and services without sacrificing its www.newyorklife.com NORTHWESTERN MUTUEL and is grateful to commitment to exceptional service, FINANCIAL NETWORK have an Traditional Bank positions itself as an 424 Lewis Hargett Circle, Suite 100 William Bramblet, experienced excellent financial partner for Kentucky Lexington, KY 40503 CEO, Traditional Bank senior businesses and professionals. With over (859) 224-7252 management $900 million in assets and over $75 SHELTER INSURANCE COMPANIES team and board of directors to guide million in capital, Traditional Bank has 1121 Monarch St. Lexington, KY 40513 its decisions. In 2009, William the financial strength and resources to (859) 278-6088 Alverson was named president, and help its clients reach their financial goals. www.shelterinsurance.com Andy Baker was named executive vice UNITED HEALTHCARE INSURANCE COMPANY 2424 Harrodsburg Road Lexington, KY 40503 (859) 260-3600 uhc.com G 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 38

LAND SWAP Win-Win-Win Situation Three Central Kentucky institutions prepare for unique land swap

BY RENA BAER

EVERAL Kentucky leaders in the public sector have come together to Sorchestrate a land-swap plan reminiscent of musical chairs, only with an upbeat twist: Everyone gets a seat. Well, a lot more than just a seat. Eastern State Hospital will be relocated to a new, modern psychiatric hospital; Bluegrass Community and Technical College (BCTC) will acquire a central, freestanding, and much larger location near downtown Lexington; and the University of Kentucky will obtain more classrooms and some much-needed parking spaces. “I think it’s a pretty remarkable joint effort,” said Joe Kelly, senior advisor to Lexington Mayor Jim Newberry. Eastern State Hospital, Bluegrass Community and Technical College, and the University of Kentucky are involved in the three-way property swap. “There was an Lexington Mayor obvious need for a Jim Newberry new hospital, and get most of the classrooms and parking “It reached the point many years ago everyone was spaces now occupied by the BCTC, where that building was ineffective to trying to come up with a way to make which currently operates on part of UK’s meet the needs of the type of r esidents it happen.” campus on Cooper Drive. we serve there,” said Kentucky state Rep. Under the plan, the commonwealth will Jimmie Lee, D-Elizabethtown, a strong build a new Eastern State on almost 30 acres Facility for the future proponent of at the University of Kentucky’s Coldstream This swap will resolve the longstanding health and human Research Campus, off Newtown Pike near push to find a new home for Easter n State services. Interstate 75. The city of Lexington will Hospital, the second-oldest psychiatric Lee said they bond the $129 million needed to construct facility in the nation. Some of its buildings had been tossing the hospital, but the state will pay of f the date back to the latter 1800s. around the idea of bond. Construction, which will account for During its peak in the 1940s, the moving Eastern $90 million of the $129 million, is slated to hospital housed as many as 2,000 State into a new begin in summer 2010. The remaining $39 patients, but occupancy in recent years Kentucky State facility for 12 years million will go toward design, equipment has tapered to less than 200. For Rep. Jimmie Lee but had just kept and moving costs. decades, Eastern State’s campus has been (D-Elizabethtown) “kicking the can When the new hospital is crumbling. It contains exposed wiring, a along” until last completed, the property it currently partially functioning boiler, ancient year. That’s when the idea of a land swap occupies will be transferred to Kentucky plumbing, lead paint and asbestos. The came together in an agreement akin to Community and Technical College facility officially has been declared “the alignment of the sun, moon and the System, and a new lab/classroom facility obsolete, and some of its buildings have stars,” Lee said. for BCTC will be built on the 68-acr e been shut down for safety reasons. Only “Everyone involved had an interest site, using funds allocated by the three of its more than a dozen building in putting this together,” he said, naming General Assembly in 2005. UK will then still house patients. a lengthy list of people. “That’s why it

38 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 39

worked. There is something in it for “the first right of refusal” to operate the will allow the school to grow an identity every one of those players.” new facility. separate from UK, where it will still keep Tentative plans call for a 300-bed “As the new CEO for Bluegrass, I’d just some classroom space for students facility with units for people with mental like to reiterate that we remain committed planning to earn four-year degrees. illness and substance abuse problems, a to the vision of a “We have a great partnership with geriatric unit, a step-down unit, a much-needed UK, but this kind of opportunity for a traumatic brain injury unit and an acute facility and to community college to start fresh doesn’t crisis unit (those who need immediate providing the best come along often,” Julian said. stabilization but not long-term care). The patient care possible According to the most current plans, buildings would look more like a large within the the campus will eventually have about office complex than a hospital. constraints of the 14 buildings, including four existing Minor variations in bed numbers current facility, and buildings renovated and adapted to suit how appreciative could occur depending on available Gov. Steve Beshear appropriations, said Eric Friedlander, we are for Gov. acting commissioner of the Department (Steve) Beshear’s strong support of this for Mental Health, Developmental important project, particularly during these Disabilities and Addiction Services difficult economic times,” said Shannon Joseph Toy, former CEO of Bluegrass Ware, president and CEO of Bluegrass Mental Health Board, which has operated Mental Health. the programs at Eastern State for several years, said the condition of the current Separate identity facility often puts patients in a worse state Meanwhile, relocating BCTC, which is of mind than when they entered. currently landlocked on UK’s campus, to “It’s way past time to do something,” the current site of Eastern State opens all he said. “The number of people who kinds of opportunities for the college. need services is growing, and the public “This will give us a chance to expand in must have a facility for the futur e.” new and different ways,” said Augusta Not all people can be treated on an Julian, president and CEO of BCTC. a college campus, and two parking outpatient basis, he said, and like healthcar e A larger, centralized campus near decks. The new construction will adhere for the body, healthcare for mental illness downtown will enable the college to of fer to “green” building standards in also sometimes requires hospitalization. more comprehensive educational and compliance with new state law. According to Friedlander, the vocational opportunities to meet the In addition, Julian said, having a Bluegrass Mental Health Board will have region’s workforce needs, she said, and it large campus near downtown will be much more convenient for commuters and will serve as the third point of a higher education trinity that also includes UK and Transylvania University. Newberry has said this will be a boon to the revitalization of downtown. For UK, which ran Lexington Community College before it fell under the auspices of Kentucky Community and Technical College System and was renamed BCTC, the move frees up classroom space and parking, both at a premium on UK’s campus. In addition, the pipeline from the local community college to UK remains open with the community college possibly retaining some space on Cooper Drive, said Tom Harris, UK’s vice president university relations. Eastern State Hospital’s campus, which includes buildings that date back to the latter 1800s, has been crumbling for decades. The facility will be relocated to the Coldstream Research campus. “This is a win-win-win situation for everyone,” he said. G

The Bluegrass: Best-Educated Workforce in Kentucky 39 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 40

UTILITIES Land of Affordable Energy Kentucky’s abundant coal supply contributes to low operating costs

The Kentucky River, a tributary of the Ohio River, travels through the state capital of Fr ankfort and provides water for Central Kentucky. Jeff Rogers photo

ECAUSE of Kentucky’s abundant BUCKEYE POWER For more than 50 years, the coal supplies that contribute to P.O. Box 26036 Ohio Electric Cooperatives have met Bkeeping energy costs relatively Columbus, OH 43226 the energy needs of businesses across low, Lexington is an affordable place to (614) 846-5757 Ohio. Our service areas touch 77 of do business. For years, the entire state buckeyepower.com Ohio’s 88 counties. We serve more has reaped tremendous benefits from than 350,000 member-owners, from having the lowest electric rates in the Escalating costs. individual, family-owned businesses country. This has been a key competitive Congested to Fortune 500 companies. They tool in attracting economic development roadways. depend on us as their source of and improving the quality of life. Expensive land. reliable, economical power. Kentucky’s utility costs are among Limited space. For more information on the best of the lowest in the nation for several Factors such as both worlds, call the ExUrban Experts at reasons: large coal reserves and their these are causing Buckeye Power at (800) 282-6962 or resulting proximity to coal-burning more and more visit buckeyepower.com/regl. utility plants; direct location on the Dennis Mingyar, businesses to locate interstate natural gas pipeline corridor; Director for in the small Ohio COLUMBIA GAS OF KENTUCKY Economic towns and 2001 Mercer Road and an abundant natural water supply Development, derived from an extensive network of Buckeye Power communities Lexington, KY 40511 rivers, streams and lakes. In turn, a large beyond the (800) 432-9345 number of utility providers, with suburbs of major metro areas. columbiagasky.com oversight by the Kentucky Public Ser vice Companies are drawn to ExUrban Commission, continue to ensure Ohio by its tax incentives, land, Each day, an underground network of over competitive rates for the consumer. workforce, easy access to major markets, a million miles of pipeline safely carries Following are major utility companies. overall quality of life and, of course, the natural gas from supply areas to homes, A list of utility companies that ser ve the availability of energy through the Ohio Bluegrass appears on page 112. Electric Cooperatives. Continued on page 42

40 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 41 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 42

UTILITIES

sun. Moreover, the country’s transmission system cannot currently support the transportation to Kentucky of large amounts of more expensive renewable electricity from other regions Aerial photo Innovations where this type of power is available. We believe it is critical to invest in improving the environment, but everyone should understand that balancing the electricity needs of our customers and meeting environmental goals will be expensive.

KENTUCKY AMERICAN WATER COMPANY 2300 Richmond Road Lexington, KY 40502 (859) 269-2386 kentuckyamwater.com

More than 490,000 Central Kentuckians depend on Kentucky American's new water treatment E.ON U.S./LOUISVILLE GAS AND Kentucky American plant in Owen County, adjacent to the ELECTRIC/KENTUCKY UTILITIES Water every day to Kentucky River, will provide a second 220 W. Main St. provide high- water source for Central Kentucky. Louisville, KY 40202 quality, reliable (502) 589-1444 water service. We Continued from page 40 eon-us.com Nick Rowe, are committed to President, Kentucky meeting – and businesses, and factories across America. There has never American Water exceeding – their Company In Central and Eastern Kentucky, been a greater expectations. Our Columbia Gas of Kentucky provides safe emphasis on the local employees are experts in water quality and reliable natural gas service to over environment than and delivery of water to your home or 140,000 customers in 31 counties. we are business for less than one penny per gallon. Columbia is one of experiencing today. They are dedicated to their professions and the nine energy Reducing carbon committed to enhancing their communities. distribution emissions is on Serving 10 counties, Kentucky companies of Vic Staffieri, state and federal American Water is a wholly-owned NiSource Inc. Chairman/CEO/Presi agendas, and being subsidiary of American Water, the largest dent, E.ON U.S., (NYSE:NI). “green” is the LGE/KY U.S. investor-owned water and Columbia’s new mantra. wastewater utility. dedicated team is But Kentucky is highly dependent on Kentucky American Water committed to coal as an electric fuel source, and today participates in the U.S. Environmental Herbert A. Miller Jr., working with there is no practical technological solution Protection Agency’s voluntary President, Columbia residential and to solve the CO2 issue associated with Partnership for Safe Drinking Water Gas of Kentucky commercial global warming. Accordingly, Louisville program and has won the coveted 10- customers to ensure Gas and Electric and Kentucky Utilities year Director’s Award for water quality. In they receive the warmth, comfort and continue to encourage our customers to 2009, American Water was named Water reliability for which natural gas is widely embrace energy efficiency measures. Company of the Year, by Global Water known. And as the cleanest-burning We are also investing in clean coal Intelligence magazine. fossil fuel, natural gas is an research because Kentucky is not blessed Our commitment to making a environmentally responsible solution to with significant amounts of viable difference is also demonstrated by our nation’s energy needs. renewable resources, such as wind or sponsoring the Fayette County School

42 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 43

District’s science fair for more than 25 years. We provide annual support to environmental programs, such as Reforest the Bluegrass and McConnell Springs Founders Day. We are an active and contributing member to Commerce Lexington. In 2006, we proudly became the first utility in the state to join the Kentucky Department of Environmental Protection’s voluntary Kentucky EXCEL environmental leadership program. In 2009, we are addressing our region’s additional water supply needs. Construction on the new 20-million- gallon-per-day water treatment plant in Owen County is more than 50 percent complete. The project is set for completion by summer 2010. We understand that a quality service provider, with more than 120 years of experience, is critical to the communities we serve. We look forward to building on our tradition of excellence for the benefit of all in Kentucky's coal-fired generating units are supplied Central Kentucky. G without having to transport fuel from other states.

The Bluegrass: Best-Educated Workforce in Kentucky 43 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 44

EDUCATION Easy Access to Talent Businesses benefit from highly educated workforce in Bluegrass

BY RENA BAER

HEN it comes to an Staff photos educated population, the WBluegrass can hold its own against any other midsize metropolitan area in the United States. With more than a dozen colleges, universities and technical schools in the area, businesses here have access not only to a steady stream of graduates but also to faculty resources and the latest research and development. They also have access to support and guidance from the University of Kentucky. “I’ve said for many years that the gr eat cities of the future are university cities,” said Robert King, president of Kentucky Council on Postsecondary Education. In the Lexington-Fayette County metropolitan statistical area, almost 33 percent of adults over 25 have a Bluegrass has the advantage of exceeding The University of Kentucky covers more bachelor’s degree compared with the state and national statistics, the area will than 716 acres in Lexington and is home to national average of 27 percent, according directly benefit from Kentucky’s goal of more than 27,000 students and more than 13,500 employees. to the most recent census figures. The better preparing students for college. number of residents with graduate King said by passing Senate Bill 1 college, succeed and graduate,” he said. degrees for the same demographic is 13 this past spring, the state has shown its The initiative also will help the state percent in the Bluegrass compared to 9 commitment to making sure students toward its directive to double the percent nationwide. These statistics put who earn decent grades have the attained number of bachelor’s degrees to mirror Lexington on par with cities such as the education necessary to succeed at the nation’s average. The state already Portland, Ore., and St. Paul, Minn. college. Progress will be tracked using has made some progress toward this Kentucky, like many other states, is the national ACT as a benchmark as goal, having more than doubled the trying to improve its educational opposed to the current Commonwealth number of degrees and credentials attainment levels. And though the Accountability Testing System (CATS). awarded statewide from 25,577 in 1998 Currently, many Kentucky high school to 52,031 in 2008. The number of graduates are struggling at college and graduate degrees awarded also almost require remediation, said King. In fact, at doubled in the same time period. Bluegrass College and Technical School, 75 Another state goal is facilitating percent of incoming students, including students’ ability to transfer between a adults returning to school, require community college and a four-year college, remediation in at least one area, said BCTS such as BCTS and UK, which have been president Augusta Julian. Statewide the working together to make this happen. This figure is more than half. mission is becoming even more important, “This causes students to question said Julian, as more students attend their own abilities and keeps them fr om community colleges to take their moving ahead as quickly as they’d like,” prerequisites in this challenging economy. Transylvania University, located in downtown Julian said. Although Julian said the BCTS is Lexington, is a distinguished liberal arts college King said this legislation will change educating more students on their way to of approximately 1,100 students. that. “More students will be ready to go to four-year degrees and beyond, the school

44 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 45

has a specific niche: to offer two-year programs in health science, manufacturing, construction and technical fields that fill specific job needs in the area and to develop shorter courses in tandem with companies in these fields to update or add new skills. The challenge right now is that enrollment for this fall is up 7.5 per cent as the state legislature struggles with budget shortfalls. BCTS has waiting lists well. The college has partnered with the Eastern Kentucky University in Richmond has for several programs it cannot expand city and state to help recruit and grow broken ground on a state-of-the-ar t science building that is expected to open f or classes without help from the state. companies, in addition to helping for the Fall 2011 semester. “It’s a difficult situation,” said Julian. distressed companies try and get their legs King said each university and back, said Len Heller, vice president for Small Business Development Center to college, like BCTS, has a niche that helps UK’s new Commercialization and help businesses find loans to get started prepare students for the workforce. More Economic Development Office. or expand. In partnership, they have a than 80 percent of graduates of Over the past few years, UK has special initiative to help companies in Kentucky colleges stay in the state to streamlined its efforts to work in distress by looking at their business work. At Eastern Kentucky University, partnership with the city and state on models, financials and processes. President Doug Whitlock said many economic development. The joint effort “We’ve worked with 50 companies and graduates of the school find jobs in cities is necessary to compete with other cities were able to help a good majority of them,” along the Interstate 75 corridor. and nations and to respond as quickly as said Heller. “With some, it was just too late.” EKU, said Whitlock, provides students possible to new business applications The latest innovation underway is an with opportunities in both vocational- and opportunities, Heller said. expert alumni network that connects technical programs and a broad-based Heller’s office offers a wide range of businesses or start-ups with UK liberal arts education. The school is one of services, including help with business graduates who are now leaders in that the state’s top providers of teachers, nurses planning; access to technology, intellectual particular field. The alumni, who will be and information technology employees. To and property rights; market research; and, thoroughly vetted, will volunteer a better educate and attract future science even, entrepreneur boot camps. Several couple hours of consulting time. In a test teachers and science majors and aid in healthcare, engineering, and healthcare run, 100 alumni participated and the research, EKU is adding a state-of-the-art businesses have gotten their start through number is growing as word gets out. $64 million science building, which will UK’s business incubator, ASTeCC, before Combined, all these initiatives will open in the fall of 2011. moving in to the community or out to the drive the economy. Meanwhile, the University of university’s Coldstream Campus, which is “In a global economy, the premium is Kentucky is working not to attract and being expanded. on access to talent,” said King. “What’s educate just students but businesses as UK also works with the Kentucky needed most are highly educated workers. Employers will go where the brains are.” Educational Attainment for Persons 25 Years or Older Following is a list of major colleges and universities in the area. % WITH HIGH SCHOOL % WITH BACHELOR’S COUNTY DIPLOMA OR HIGHER DEGREE OR HIGHER ASBURY COLLEGE Bourbon 75.4 13.5 One Macklem Drive Clark 81.6 16.4 Wilmore, KY 40390 Fayette 86.9 38.8 (800) 888-1818 asbury.edu Franklin 83.3 25.2 ASBURY THEOLOGICAL SEMINARY Jessamine 83.9 27.1 204 N. Lexington Ave. Madison 82.6 28.3 Wilmore, KY 40390 Scott 85.0 23.7 (800) 2-ASBURY Woodford 86.4 34.1 asburyseminary.edu BEREA COLLEGE Bluegrass Region 84.9 31.7 107 Jackson Street United States 84.0 27.0 Berea, KY 40404 Sources: U.S. Bureau of the Census, 2003/Commerce Lexington Inc. (859) 985-3000 berea.edu

The Bluegrass: Best-Educated Workforce in Kentucky 45 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 46

EDUCATION

BLUEGRASS COMMUNITY & TECHNICAL COLLEGE UK by the Numbers Cooper Campus HE University of Kentucky, which was founded in 1865 as a land-grant 470 Cooper Drive university, is committed to academic excellence, scholarly exploration and Lexington, KY 40506 (859) 246-6200 Tresearch, community outreach and engagement, and a mission of becoming one bluegrass.kctcs.edu of America’s Top 20 public research institutions. As the commonwealth’s flagship Danville Campus institution, UK plays a critical leadership r ole by contributing to the economic 59 Corporate Drive development and quality of life within Kentucky’s borders and beyond. UK nurtures a Danville, KY 40422 diverse community characterized by fairness and equal opportunity. (859) 239-7030 Lawrenceburg Campus UK’s campus covers more than 716 acres in Lexington and is home to mor e 1500 Bypass Nor th than 27,000 students and more than 13,500 employees. During the 2008-2009 Lawrenceburg, KY 40342 school year, UK set these records: (502) 839-8488 • The retention rate reached a record 81 percent in 2008. Leestown Campus • The graduation rate reached a record 61.4 percent in 2008. 164 Opportunity Way • There was a record graduation rate of 50.3 percent for African-American Lexington, KY 40511 (859) 246-6200 students. Regency Campus • The number of bachelor’s degrees awarded reached a record 3,775 in 2008. 2659 Regency Road • In 2001, UK admitted 152 first-year African-American students. In 2008, Lexington, KY 40503 the university admitted a record 347 African-American freshmen. (859) 246-6200 • UK’s African-American faculty has increased from 57 in 2001 to 84 today, Winchester-Clark County Campus 2020 Rolling Hills Lane another record. Winchester, KY 40391 • In 2008, the university spent a r ecord $215 million on public engagement (859) 737-3098 and outreach activities. CENTRE COLLEGE • There was a record number of freshman applicants: 11,120. 600 West Walnut St. • Enrollment of first-year students increased from about 3,037 in 2001 to Danville, KY 40422 4,110 in the fall of 2008, marking a 35 per cent increase. Total enrollment (800) 423-6236 centre.edu increased from 23,852 to 26,913 for a 13 per cent increase. EASTERN KENTUCKY UNIVERSITY • The university’s total research and development expenditures increased 521 Lancaster Ave. from $211 million in 2001 to mor e than $337 million. Richmond, KY 40475 • UK HealthCare’s discharges have increased from 19,845 in 2001 to nearly (859) 622-1000 33,000. That increase has resulted in a $200 million increase in UK eku.edu GEORGETOWN COLLEGE HealthCare’s payroll. 400 East College St. UK provides education, cultural stimulation and economic development in all Georgetown, KY 40324 120 counties in Kentucky. Residents benefit from UK’s medical care, community (800) 788-9985 service, innovative research, and creative teaching and instruction. For more georgetowncollege.edu information, visit uky.edu. INDIANA WESLEYAN UNIVERSITY One Hamburg Place 1792 Alysheba Way, Suite 150 NATIONAL COLLEGE STRAYER UNIVERSITY Lexington, KY 40509 Lexington Campus 220 Lexington Green Circle, Suite 550 (866) IWU-4-YOU 2376 Sir Bar ton Way Lexington, KY 40503 http://lexington.indwes.edu/ Lexington, KY 40509 (859) 971-4400 KENTUCKY STATE UNIVERSITY (859) 253-0621 strayer.edu 400 E. Main St. national-college.edu SULLIVAN UNIVERSITY Frankfort, KY 40601 Richmond Campus 2355 Harrodsburg Road (502) 597-6000 125 S. Killarney Lane Lexington, KY 40504 kysu.edu Richmond, KY 40475 (800) 467-6281 LEXINGTON THEOLOGICAL SEMINARY (859) 623-8956 sullivan.edu 631 S. Limestone St. Danville Campus TRANSYLVANIA UNIVERSITY Lexington, KY 40508 115 E. Lexington Ave. 300 N. Broadway (866) 296-6087 Danville, KY 40422 Lexington, KY 40508 lextheo.edu (859) 236-6991 (859) 233-8300 MIDWAY COLLEGE -LEXINGTON transy.edu 512 E. Stephens St. 1575 Winchester Road UNIVERSITY OF KENTUCKY Midway, KY 40347 Lexington, KY 40505 101 Main Building (800) 755-0031 (800) 456-3253 Lexington, KY 40506 midway.edu spencerian.edu (859) 257-9000 uky.edu G

46 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 47 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 48

RESEARCH, TECHNOLOGY & COMMERCIALIZATION

Scientists at the University of Kentucky Center for Applied Energy Research are studying ways to use algae to control po wer plant emissions and provide energy. Lee Thomas photo Energy Solutions Key to Future University of Kentucky researchers take on challenges of powering the 21st centur y

O get a handle on energy research Agriculture’s Department of Biosystems “We produce 30 percent of at the University of Kentucky, it and Agricultural Engineering (BAE) is America’s stainless steel and 40 percent Thelps to think small – as small as helping the UK Center for Applied of the aluminum. These operations a single algae cell and its potential to Energy Research (CAER) with biomass- require vast amounts of electricity,” said produce biomass fuels. from-algae research. And CAER is Rodney Andrews, director of CAER. And even smaller, down to the uniting with state government and “Kentucky could be unfairly penalized” nanoscale, where “wires” not visible with industry to seek answers to cutting by laws restricting carbon dioxide and a regular microscope may make possible power-plant emissions. other emissions, Andrews noted. inexpensive solar cells. “To remain competitive, we need to Or think big, as in research to reduce At stake: Kentucky’s prosperity be very careful in how taxes and fines ar e harmful emissions from coal-fired power- The national structured – or we watch those generating plants, thereby keeping emphasis on industries leave,” he said. Kentucky’s power bills low and retaining reducing carbon Meanwhile, researchers seek answers. major employers. dioxide emissions Or even bigger, with research from coal-fired Answers in algae? providing national or even world power plants has CAER chemist Mark Crocker and BAE solutions to the challenges of powering major implications professors Czarena Crofcheck and the 21st century. for the Bluegrass Mike Montross are exploring two UK researchers are focusing their State, where coal important uses for algae: as a means to Rodney Andrews, minds and their laboratories on energy Director of CAER generates 92 “scrub” carbon dioxide from power plant solutions. The colleges of Arts & percent of its emissions and as a biomass fuel. Sciences and Engineering have teams power. The concerns go far beyond “Some species of algae will double their investigating solar cells. The College of household utility bills. weight every 24 hours by processing CO2

48 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 49

and sunlight,” Crocker said. “The algae take the CO2 and turn it into biomass – oil, 2009 Licenses to UK Star tups protein and carbohydrates. Industry is interested in biomass diesel production HE University of Kentucky held 151 license agr eements for intellectual because that’s a properties and technologies and negotiated 19 new licenses in fiscal year high-value product.” T2009. The following UK start-up companies held licenses: The potential of • Alkymos Inc. is designing, synthesizing, and manufacturing chelators and algae biomass has chelator-based devices for laboratory, industrial, animal, and human attracted support applications. The license is based on r esearch by Robert Yokel and Chang- from the Kentucky Guo Zhan, pharmacy. Located in Lexington. Department for • HiberNetics Inc. (2 licenses) is developing treatments for ischemia and Energy reperfusion injury. Licenses based on research by Peter Oeltgen, pathology. Development and Located in Frankfort. Mark Crocker, Independence, in CAER chemist • i-Glyko Inc. (2 licenses) is developing glucose monitoring technology. part because of Licenses based on research by Sylvia Daunert, Elisabeth Moschou, Joel Smita, Crocker and Montross’ early results. chemistry, and Ping Wang, Jonathan Siegrist, Marc Madou, University of “We have demonstrated this works California, Irving. Located in California. on a bench scale,” Crocker said. “We’re • IP Pharmaceuticals LLC (2 licenses) is developing stable cell lines that pr oduce in the process of scaling up to 100 hepatitis C virus. Based on research by Guangxiang Luo, biochemistry. Located in kilowatts. Next, we’ll go to 1 megawatt the ASTeCC incubator at the University of Kentucky. and then we’ll set up an algae pr ocessing • Merloc LLC is developing a multidentate sulfur-containing ligands for binding area at a power plant to test the heavy metals for waste management or envir onmental cleanup applications. Based performance with 10 to 30 megawatts.” on research by David Atwood, chemistry. Located in Lexington. • NanoMed Pharmaceuticals Inc. is developing a bio-adhesive berry gel for Quest to store electricity oral cancer treatment. Based on research by Russ Mumper, formerly in Unlike most products we use, power pharmacy. Located in Kalamazoo, Mich. plants generate electricity at the moment • NuForm Materials is developing methods for the processing of coal it is used. There has been no way to combustion ash and isolation of specific fractions useful as polymer fillers, bottle electricity to use at a later time, metal matrix, and high-performance pozzolans. Based on r esearch by Tom except in low amounts as in automobile Robl, Center for Applied Energy Research. Located in Sadieville, Ky. or cellphone batteries. • Scout Diagnostics is developing a new diagnostic tool using biomarkers to At CAER, Steve detect Alzheimer’s disease prior to clinical diagnosis. Based on r esearch by Lipka is seeking a Mark Lovell and Burt Lynn, chemistry. Located in the ASTeCC incubator at way. “The goal of the University of Kentucky. our program is • TranSecurity Systems Inc. is developing a wireless milk transport security developing energy- system. Based on research by Fred Payne, biosystems and agricultural dense asymmetric engineering. Located in Lexington. electrochemical • ViroTac LLC is developing antibodies and viral enzymes. Based on r esearch capacitors,” he said. by Guangxiang Luo, biochemistry. Located in Lexington. Steve Lipka, Lipka is Center for Applied exploring the use of For more information on technology commercialization, business, and industry Energy Research activated carbons partnerships and business development at the University of Kentucky, visit that can absorb electricity in vast amounts, EconDev.uky.edu or contact [email protected]. then dump the stored energy onto the grid to meet demand. The difference between a capacitor and a battery, he said, is the and solar is they tend to generate power at “Funded by the Office of Naval difference between a bucket and a barr el. It low-peak periods. Capacitors could gather Research, we have designed and developed takes time to fill and empty the closed and store the wind- and sun-generated a new component for these solar cells,” barrel through a small hole; meanwhile, a electricity for delivery to the grid as needed. Anthony said. “Our discovery yields a bucket (and a capacitor) can be filled and dramatic reduction in cost and improves emptied quickly. Powered by Sol stability, compared to current materials. Lipka’s capacitors could make Chemistry professor John Anthony is “We now fabricate lightweight solar renewable energy sources like wind and making progress in improving the cells with 2 percent power conversion solar more feasible. The problem with wind efficiency of carbon-based solar cells. efficiency at extremely low cost – about

The Bluegrass: Best-Educated Workforce in Kentucky 49 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 50

RESEARCH, TECHNOLOGY & COMMERCIALIZATION

telluride, a component for solar cells that The consortium, based at CAER and is far less expensive to produce and use led by associate director Kunlei Liu, is than the traditional silicon-based cells. designed to split the costs of r esearch into “It’s been a holy grail to get the cost of large-scale CO2 producing solar cells below $1 a watt,” capture systems, Singh said. “Now that has been achieved.” which often has shown itself to be Power for transportation too expensive and CAER’s Andrews noted that a third of the high risk for a nation’s carbon dioxide emissions come single utility or from automobiles and trucks. Earlier this government agency year, the Commonwealth of Kentucky to undertake. By and Argonne National Laboratory Kunlei Liu, teaming the state, announced a research partnership for a Associate Director, UK and several CAER battery manufacturing center for electricity- electricity-powered vehicles. The generating Dan Adkins photo laboratory, which will be located in companies, the consortium will share the Lexington at Spindletop Farm, will costs and risks of the research. involve researchers from both UK and The founding industry members of the the . consortium are E.ON US, Duke Energy, Engineering professor Vijay Singh, a longtime “America has always been at the Kentucky Power Co., East Kentucky Power veteran of the solar-power crusade, shows a forefront of developing new battery Cooperative and the Electric Power slide of tiny nanomaterials that show promise Research Institute. The consortium is as solar cells. technology, but we haven’t followed through by producing the batteries exploring post-combustion carbon dioxide domestically,” Andrews said. “This new capture, using a pilot plant at CAER that one one-hundredth the cost of a center will help us build our batter y was funded by E.ON US; portable, lar ge- traditional silicon-based solar cell. Our industry based on the research scale carbon dioxide capture, in a pilot unit solar cell’s active thickness is less than Americans perform.” to be constructed and operated at the the thickness of a human hair.” power plants of consortium industry Anthony’s Partnering for solutions members; and a new combustion research team also Just as UK’s researchers collaborate with technology process for solid fuels like coal has received colleagues across the campus – and and biomass. National Science sometimes, as with John Anthony, with Foundation other universities – UK recently formed a Challenge that will be met funding to develop 10-year, $24 million collaboration with state “These are such large undertakings, but new materials for government and several power companies UK’s researchers are up to the task,” says efficient solid-state to find ways to cut coal emissions. CAER Director Andrews. “We’ve assembled lighting. The U.S. John Anthony, chemistry professor Department of Energy states that solid-state lighting could cut energy use by 120 gigawatts, saving $100 billion a year and reducing carbon dioxide emissions by 350 million tons annually. A few buildings away on UK’s campus, electrical and computer engineering professor Vijay Singh also toils with solar cells to improve efficiency and reduce costs. His approach involves making nanoscale “wires” as the cells‘ main component. “We’re on the way,” Singh said. “We are leaders in this march.” The vision of the UK Center f or Applied Energy Research (CAER) is to excel as an applied Singh’s team has developed “thin research and development center with an inter national reputation, focusing on the optimal use film” solar cells based on cadmium of Kentucky's and the nation's ener gy resources for the benefit of its people.

50 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 51 Staff photo

a great team of creative thinkers across our commercialization and business Business and research connect at UK’s campus, and the world is sitting up to take development resources, develop 735-acre Coldstream Research Campus, which is home to some 50 agricultural notice. The evidence of that is in the way Coldstream Research Campus, and build biotech, equine-related, and pharmaceutical E.ON AG, the German company that owns strategic partnerships to advance economic development companies, and others including E.ON US, gave $1 million to Steve Lipka’s development in Kentucky. IBM, HP and Embassy Suites. project in 2008. Heller also “This sort of research is clearly directs technology- UKCED provides incubator space to important for Kentucky’s future,” based business new businesses in the Advanced Science Andrews added. “Not only is much of investments as & Technology Commercialization Center Kentucky’s manufacturing base built on President/CEO of (ASTeCC). Thirty-three UK startups have low-cost power, but these energy Kentucky “graduated” from ASTeCC, some moving research projects, and others we haven’t Technology Inc., a to UK’s Coldstream Research Campus. talked about, can provide the foundation UK for-profit UK is part of the Bluegrass Business for new industries and high-paying jobs corporation. Development Partnership that includes Len Heller, Vice for the next generations of Kentuckians.” President, UKCED UKCED works with Commerce Lexington and the Lexington- Here is a look at other of fices at the the Bluegrass Angels Fayette Urban County Government. University of Kentucky. and participates in the Bluegrass Angel UKCED’s director of the Lexington Venture Fund and a regional angel network. Innovation & Commercialization Center UK OFFICE FOR UKCED is responsible for the (a UK/state partnership) focuses on new COMMERCIALIZATION commercial development of university- and existing technology-based businesses & ECONOMIC DEVELOPMENT based intellectual properties and in the Lexington/Bluegrass region. The Technology Commercialization • Incubators technologies through licensing (see 2009 Kentucky Small Business Development Business Development • Coldstream Licenses to UK Startups on page 49). The Center, with 15 service centers statewide, Research Campus office also handles UK’s intellectual property is also part of UKCED’s business Len Heller, Vice President protection process, which includes patents. development team and the Bluegrass (859) 218-6512 Commercialization and business Business Development Partnership. econdev.uky.edu development go hand in hand. The Business and research connect at UK’s UKCED business development team 735-acre Coldstream Research Campus. As the state’s flagship institution, the through the Von Allmen Center for Coldstream is home to some 50 agricultural University of Kentucky provides critical Entrepreneurship provides support and biotech, equine-related and pharmaceutical leadership in economic development. UK services to faculty who want to start a development companies, and others President Lee T. Todd Jr. created the Office business based on their research. Services including IBM, HP and Embassy Suites. for Commercialization & Economic include intellectual property assessment, For more on the UK Office for Development (UKCED) in late 2006 and business plan development, capital Commercialization & Economic hired Len Heller to oversee the university’s investment strategies and investor referrals. Development, visit EconDev.uky.edu.

The Bluegrass: Best-Educated Workforce in Kentucky 51 fake market review.qk:2004 Market Review 1-24.qk 10/22/09 2:35 PM Page 52

RESEARCH, TECHNOLOGY & COMMERCIALIZATION

COLDSTREAM LABORATORIES INC. Development Center, provides Guggenheim and the National Eric Smart Vice President, resources such as greenhouse, lab and Endowment for the Humanities. Business Development and Marketing office space for companies working on College faculty have helped to attract Direct (859) 323-8114 natural products. more than $37 million in grants to the Toll Free (888) 588-2778 Several start-up companies have university in fiscal year 2008, and they coldstreamlabs.com benefited from AgTeCC support: are primarily responsible for more than Oraceuticals is developing new $20 million in grant support. Coldstream natural-product, plant-derived The college houses nationally Laboratories Inc. treatments for dental and oral ranked programs in the humanities, (CLI) offers fully disease conditions. social sciences, and natural and integrated Naprogenix mathematical sciences, and fosters analytical, applies plant interdisciplinary research. A recent development, and functional expansion in college faculty has pharmaceutical genomics to the strengthened the college’s manufacturing search for interdisciplinary research by investing Joe Wyse, services. CLI molecules with nationally recognized research clusters President/CEO, produces small biological activity. in areas including Children at Risk, Coldstream batches for early Researchers are Bio-Inspired Nanotechnologies, and Laboratories Inc. phase clinical trials Nancy M. Cox able to unlock Advanced Materials. and small-volume Associate Dean plants’ genomic Furthermore, commercial products. for Research potential to faculty are CLI provides a wide range of produce molecules responsible for formulation services, analytical testing, for a variety of commercial uses. breakthrough and GMP drug product production for Yaupon Therapeutics is developing research – a broad spectrum of clients. CLI new medical drugs from plants which resulting in more manufacturing capabilities include may be grown in Kentucky in the than 60 semi-solids, solutions, suspensions, and future to produce them. The company intellectual lyophilized dosage forms. is progressing clinical trials with Mark Lawrence property CLI facilities, including a lobeline from the Kentucky-native plant Kornbluh, Dean, disclosures during UK College of Arts 20,000-s.f. sterile manufacturing plant, Lobelia, and is researching other the past 10 years and Sciences are located at UK’s Coldstream Research prospective pharmaceuticals from jack and leading to the Campus. bean and lupin. establishment and support of several start-up companies. UK COLLEGE OF AGRICULTURE UK COLLEGE OF ARTS AND SCIENCES In terms of instruction, the college S-129 Ag Science North 213 offers 26 majors and awards more than Lexington, KY 40546-0091 Lexington, KY 40506-0027 1,000 baccalaureate degrees each year. Nancy M. Cox, Associate Dean for Research Leonidas Bachas, Associate Dean In addition, the college graduates (859) 257-3333 for Research & Academic Programs almost 200 students annually in 32 ca.uky.edu (859) 257-6350 masters and doctoral programs of study. as.uky.edu/admin Many of these graduates go on to live Start-up and work in the commonwealth. companies need Creative research, scholarship, and the right kind of instruction lie at the center of the UK UK COLLEGE OF ENGINEERING environment for College of Arts and Sciences. 351 Ralph G. Anderson Building their products to Faculty collaborate with colleagues Lexington, KY 40506-0503 succeed. AgTeCC, across the university and with leading Eric Grulke, Associate Dean for Research Agricultural scholars around the world to fulfill (859) 257-6097 Technologies their research mission. Much of the engr.uky.edu Scott Smith, Dean, Commercialization research conducted in the college is UK College of Center, an supported by grants and contracts from In a world of challenges, engineers Agriculture incubator for federal, state, and private funding offers solutions –and more. startups that is agencies and foundations, ranging from Researchers at the UK College of part of the College of Agriculture’s the National Science Foundation and Engineering offer expertise to existing Kentucky Tobacco Research and the National Institutes of Health, to the businesses and industries, and they are

52The Lane Report’s 2009-2010 Market Review of the Bluegrass fake market review.qk:2004 Market Review 1-24.qk 10/22/09 2:35 PM Page 53

Chemistry professor John Anthony and post- doctoral student Genay Jones are studying fresh approaches to solar power cells at the University of Kentucky.

developing the products of the future, from nanotube membranes to visualization technology. UK Engineering faculty are helping erect the structure of Kentucky’s 21st century economy. More than 150 faculty members in seven academic departments plus nine research units are engaged in projects spurring Kentucky’s energy Tom Lester, Dean, industry, minerals UK College of industries and Engineering manufacturers. Its research enterprise Lee Thomas photo has won the active support of major businesses – not only in Kentucky or the prevention of disease and to the deliver y UK GILL HEART INSTITUTE United States but internationally. And the of modern, compassionate medical care. 800 Rose St., Suite G-100 imaginations of these researchers stretch The curriculum emphasizes early University of Kentucky far beyond tinkering with machines; they longitudinal clinical experiences, Lexington, KY 40536 frequently partner with colleagues in the integration of the basic and clinical ukhealthcare.uky.edu/Gillheart/ colleges of Medicine, Pharmacy, Arts & sciences, teaching in ambulatory clinic Sciences, Fine Arts, and other units to settings and primary care. The UK Linda and push the envelope of what engineers do. Holding a Jack Gill Heart The aggressive pursuit of answers by leadership position Institute is at the the UK College of Engineering affects as a statewide, forefront in the more than business people and regional and battle against industrialists. Students gain hands-on national referral heart disease and skills, experience and inspiration by center and as a stroke in assisting researchers in seeking answers Level 1 trauma Kentucky and is within specific time, budget, and design center, UK provides David J. Moliterno, nationally requirements. Their time at the UK 24-hour on-site Director, UK Gill recognized as a Jay Perman, M.D., Heart Institute College of Engineering makes tomorrow’s Dean, UK College of expertise to meet leader in engineers better employees and future Medicine healthcare needs cardiovascular disease and stroke managers. ranging from first-line primary care to research. Clinically, the Gill Heart complex tertiary care. Institute is one of the top public UK COLLEGE OF MEDICINE The UK College of Medicine had cardiovascular facilities in the nation, 138 Leader Ave. $106.5 million in total budgeted grants and with a team that consists of some Lexington, KY 40506-9983 contracts in fiscal year 2008. UK is well- of the best and brightest in the field Alan Daugherty, Ph.D., positioned to pursue interprofessional, of cardiology. Senior Associate Dean for Research collaborative health care research, in part The institute is among the top mc.uky.edu/medicine because of the proximity of the College of recipients in American Heart Association Medicine to the university’s other five health research funding and, overall, has more Having long served as a national model science colleges. than $25 million in active research for other medical schools around the As the college’s research enterprise grants. Gill Heart Institute boasts the nation, the UK College of Medicine’s expands, so does the opportunity for region’s most advanced cardiovascular Kentucky Medical Curriculum relates training in conducting basic, imaging center, the region’s only scientific principles and concepts to the translational, and clinical research. Advanced Heart Failure and

The Bluegrass: Best-Educated Workforce in Kentucky 53 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 54

RESEARCH, TECHNOLOGY & COMMERCIALIZATION

Transplantation program, and only adult The UK Center on Aging is focused on One of the major technologies congenital heart disease clinic, as well as identifying the causes of and finding cur es developed in the center involves a new cardiac rehabilitation program, for major age-related diseases. And as one microelectrodes that are implanted in new electrophysiology services, and of the first Alzheimer’s Disease Centers various regions of the brain to measure comprehensive cardiology and funded by the National Institute on Aging, neurotransmitters – molecules involved in interventional cardiology care. part of the National Institutes of Health, brain signaling. These new technologies are Gill physicians also provide high- Sanders-Brown has continued to be one of used by the center to understand changes quality heart care to hospitals around the nation’s research leaders in aging-related in brain signaling that occur in Parkinson’s Kentucky, serving several regional issues and disorders. disease and other brain disorders. facilities. UK cardiologists have been Understanding and preventing named among the nation’s best doctors, Alzheimer’s disease is a priority for the and they maintain a strong, consistent multidisciplinary team of Center on record of scientific publications in the Aging researchers. The center also nation’s foremost peer-reviewed trains the next generation of medical journals. researchers, and provides programs and services that benefit elderly Kentuckians and their families.

UK MORRIS K. UDALL Edward D. Hall (far left), Director, UK Spinal Cord and Brain Injury Research PARKINSON’S DISEASE RESEARCH Center; George Smith; Alexander Rabchevsky; CENTER OF EXCELLENCE and Patrick Sullivan 306 MRISC Bldg., 800 Rose St. University of Kentucky UK SPINAL CORD AND BRAIN Lexington, KY 40536-0098 INJURY RESEARCH CENTER (859) 323-4531 B483 BBSRB mc.uky.edu/parkinsons 741 S. Limestone University of Kentucky One of only 17 in the nat ion, the UK Lexington, KY 40536-0509 William Markesbery, Director, UK (859) 323-4678 Sanders-Brown Center on Aging, Morris K. Udall Parkinson’s Disease examines brain tissue from a patient Research Center of Excellence performs mc.uky.edu/scobirc with probable Alzheimer’s disease. scientific research designed to improve the diagnosis and treatment of patients The UK Spinal Cord & Brain Injury UK SANDERS-BROWN with Parkinson’s disease. Along with Research Center (SCoBIRC) focuses on CENTER ON AGING the Michael J. Fox Foundation and discovering effective treatments for the 101 Sanders-Brown Center Parkinson’s support groups through the estimated 11,000 Americans who suffer University of Kentucky nation, these spinal cord injuries each year and the Lexington, KY 40536 centers have 247,000 Americans who are currently (859) 323-5374 contributed to a living with spinal cord injuries. mc.uky.edu/coa growing In addition, SCoBIRC researchers are awareness of the developing therapies to improve survival Since 1980, the Sanders-Brown Center seriousness of the and neurological recovery in the 1.5 million on Aging at the University of Kentucky disease and the Americans who suffer traumatic brain has been a national leader in ef forts to need for research. injuries. This research includes the search improve the quality of life for the Dr. Greg A. Gerhart, More than 1.5 for drug and gene therapy treatments to elderly through research and education. Director, UK Center million people live limit the secondary spinal cord or brain The challenge of this work is for Sensor with Parkinson’s damage that occurs during the first few Technology underscored by two simple facts about disease in the hours after the injury and on therapies that aging: Americans are living longer (the United States, with 50,000 new cases will lead to either regeneration of damaged number of people age 65 and older in reported annually. The challenge for finding nerve cells or repair their myelin sheaths, the United States will double to 70 a cure is compounded by the fact that no which are essential for recovery of function. million by 2030), and age-related cure has been found for any major SCoBIRC is working on discovering diseases will continue to plague our neurodegenerative disorder, including drugs to promote nerve cell survival, oldest citizens until we find a way to Alzheimer’s disease and ALS, commonly which is essential for patients’ post- treat and eradicate these diseases. known as Lou Gehrig’s disease. traumatic and functional recovery. The

54 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 55

center is also researching ways to Markey partners with 28 departments, than $25 million annually, and drug stimulate spinal cord regeneration and eight colleges, and 150 faculty members discovery and development royalty recovery while preventing abnormal throughout the university to identify, potential is projected to reach $5 million nerve sprouting that leads to chronic develop, and test new techniques in annually by 2015. pain, high blood pressure, and muscle cancer treatment and prevention. More In 2005, an affiliate network was spasticity in the majority of spinal cor d than 130 ongoing established to give local hospitals in the injury patients. basic and state access to Markey physicians and to Research conducted at SCoBIRC is translational allow patients to receive cancer care close funded in excess of $20 million fr om the research projects to home. National Institutes of Health, the and 200 cancer- In the spring of 2009, Dr. B. Mark Kentucky Spinal Cord and Head Injury related clinical Evers was selected as the new dir ector of Research Trust, various foundations, and trials are included the center. Dr. Evers, who previously was the pharmaceutical industry. in the Markey director of the cancer center at the Dr. Mark B. Evers, research portfolio. University of Texas Medical Branch in UK LUCILLE P. MARKEY Director, UK Lucille P. Since October Galveston, has more than 20 years’ CANCER CENTER Markey Cancer 2001, Markey has experience as both a gastrointestinal and 800 Rose St. Center allocated $10.4 endocrine surgeon and cancer researcher. University of Kentucky million to lung cancer research and an His scientific work has been continuously Lexington, KY 40536-0093 additional $3 million for a clinical trials funded by the National Institutes of Health (859) 257-4500 network to serve the commonwealth. It ukhealthcare.uky.edu/Markey also has established a core biospecimen repository of cancer tissue and related The Markey Cancer Center each year The UK Lucille P. Markey Cancer Center, specimens. Markey’s economic impact is evaluates and treats up to 1,500 new established in 1985, is Kentucky’s premier significant: Current cancer research grants cancer patients and as many as 6,000 returning cancer patients and sur vivors. cancer research and patient-care facility. and contracts across all bases total more

The Bluegrass: Best-Educated Workforce in Kentucky 55 2009 Market Review 38-56.qk:2004 Market Review 1-24.qk 9/28/09 8:51 PM Page 56

RESEARCH, TECHNOLOGY & COMMERCIALIZATION

Faculty, staff and students are scheduled leader in education, patient care, clinical Limestone Street. The new facility will be to begin moving to the new College of and pharmaceutical research. the first academic building completed as Pharmacy building, the largest academic building in Kentucky and among the lar gest UK College of Pharmacy faculty are part of UK’s academic medical campus of in the nation, in December. engaged in pharmaceutical science the future, a 20-year, $2.5 billion research with therapeutic targets such as expansion project on the south side of for the past 17 years, and he has br ought drug abuse cancer, and cardiovascular campus accelerating research and with him to Markey a team of talented disease. Research is health education in Kentucky. researchers with a combined $14 million in supported through At 286,000 s.f., the facility will be external funding. funding from the the largest academic building in Dr. Evers has a stated goal of National Institutes Kentucky and among the largest in the achieving designation by the National of Health (NIH) nation. With five stories and a basement, Cancer Institute within five years. and other key the building will include facilities for funding agencies educating pharmacists in a patient- UK COLLEGE OF PHARMACY and is often centered curriculum that will prepare 511C Pharmacy Bldg. conducted in them for the healthcare systems of today 725 Rose St. Patrick McNamara, collaboration with and tomorrow. Interim Dean, UK Lexington, Ky 40536-0082 College of Pharmacy researchers from The building also will include Robert Yokel, Association Dean other UK innovative and much-needed space for for Research and Graduate Education disciplines as well as with researchers UK’s internationally recognized (859) 257-4855 from other universities and the researchers who are making advances pharmacy.mc.uky.edu pharmaceutical industry. leading to drug discoveries, drug design In December 2009, the college’s and improved delivery systems The University of Kentucky College of faculty, staff and students will begin impacting potential treatments for Pharmacy is among the top five pharmacy moving to the new UK College of diseases such as cancer, diabetes, schools in the nation and is an inter national Pharmacy building located at 789 alcoholism and Alzheimer’s disease. G

56 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 57

LEGAL SERVICES Legal Assistance Is First Rate Law firms provide expertise in a variety of areas

N the Bluegrass, some of Kentucky’s most prominent industries – Iincluding equine, healthcare, utilities, Staff photo manufacturing, telecommunications and wine and spirits – are in constant need of legal services. Some of these entities do business worldwide, and others have local interests. Thanks to the quality and quantity of legal firms in the area, everyone who seeks representation for company or personal business interests has access to first-rate attorneys and their expertise and connections. Lexington has long been an important location for legal education. Founded in 1908 from a law program initiated at Transylvania University in 1799, the University of Kentucky College of Law was one of the nation’s first state law schools. In 1913 the college attorneys from Central Kentucky have Completed in 2002, the Rober t F. Stephens established the nation’s first law school become congressmen or state and local Courthouses in downtown Lexington are home to the Fayette County Circuit Court trial practice program, and its Kentucky officials. Many are well known to and District Court. Law Journal is the 10th-oldest student- residents because they volunteer and run law review in the nation. The college serve in leadership roles in the Following is a list of some of the has been approved by the American Bar communities and civic organizations. major law firms in the area. Association since 1925 and was elected Being associated with national and to Order of the Coif, the most international clients and resources has a BOEHL STOPHER & GRAVES LLP prestigious national legal honorary distinct advantage, while being 444 W. 2nd St. Lexington, KY 40507 society, in 1931. accessible to individuals and businesses (859) 252-6721 Currently, Kentucky’s governor and that operate closer to home is equally bsg-law.com Lexington’s mayor are products of the important. Law firms in the Bluegrass BOWLES RICE MCDAVID training and experience received from combine these traits to provide the best GRAFF & LOVE LLP working in area law firms. Other options and services for their clients. 333 W. Vine St., Suite 1700 Lexington, KY 40507 (859) 252-2202 STOLL KEENON OGDEN PLLC Today, the bowlesrice.com 300 W. Vine St., Suite 2100 firm and its 160 DINSMORE & SHOHL LLP Lexington, KY 40507 attorneys have 250 W. Main St., Suite 1400 (859) 231-1801 expanded Lexington, KY 40507 (859) 425-1000 skofirm.com services to dinslaw.com include FOWLER MEASLE & BELL PLLC For more than a century, Stoll Keenon industries with a 300 W. Vine St., Suite 600 Ogden PLLC has served clients in the global scope Lexington, KY 40507 commonwealth and beyond. J. David Smith Jr., served through (859) 252-6700 Beginning in the 1890s, the firm Managing Director, its Kentucky fowlerlaw.com Stoll Keenon Ogden FROST BROWN TODD LLC established a regional presence by offices in 250 W. Main St., Suite 2800 representing industries essential to the Henderson, Lexington, KY 40507 growth of Kentucky’s economy. Frankfort, Lexington, and Louisville. (859) 231-0000 frostbrowntodd.com

The Bluegrass: Best-Educated Workforce in Kentucky 57 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 58

LEGAL SERVICES

GESS MATTINGLY & ATCHISON PSC 201 W. Short St. McBRAYER, McGINNIS, MML&K attorneys have served as Lexington, KY 40507 LESLIE & KIRKLAND PLLC mayor of Lexington, majority leader (859) 252-9000 201 E. Main St., Suite 1000 of the Kentucky House of gmalaw.com Lexington, KY 40507 Representatives, deputy attorney GREENEBAUM, DOLL & MCDONALD PLLC (859) 231-8780 general of Kentucky, Master 300 W. Vine St., Suite 1100 mmlk.com commissioner of the Fayette Circuit Lexington, KY 40507 Court, and they include four past (859) 231-8500 Founded in 1963, presidents of the Fayette County Bar greenebaum.com McBrayer, Association. JACKSON KELLY PLLC McGinnis, Leslie The firm is Kentucky’s exclusive 175 E. Main St. Lexington, KY 40507 & Kirkland is a representative in the State Capital (859) 255-9500 general practice Global Law Firm Group, an jacksonkelly.com law firm with international network of respected law KINKEAD & STILZ PLLC offices in firms in each U.S. State Capital and 301 E. Main St., Suite 800 Lexington, more than 60 countries. Lexington, KY 40507 (859) 296-2300 James H. Frazier III, Louisville, With 46 legal professionals ksattorneys.com Managing Member, Frankfort, and practicing throughout the Bluegrass, LANDRUM & SHOUSE LLP McBrayer, McGinnis, Greenup, MML&K attorneys possess the Leslie & Kirkland 106 W. Vine St., Suite 800 Kentucky. knowledge, experience, and Lexington, KY 40507 MML&K attorneys provide a full range of connections that provide a significant (859) 255-2424 legal services throughout the advantage to a wide spectrum of landrumshouse.com MCBRAYER, MCGINNIS, commonwealth. Specialties include energy clients. When something needs to get LESLIE & KIRKLAND PLLC and mining, healthcare, planning and done, MML&K knows what to do and 201 E. Main St., Suite 1000 zoning, government relations, litigation, whom to call to make sure it does. Lexington, KY 40507 administrative law, and real estate. (859) 231-8780 mmlk.com MILLER, GRIFFIN & MARKS PSC STITES & HARBISON PLLC STOLL KEENON OGDEN PLLC 271 W. Short St. 250 W. Main St., Suite 2300 300 W. Vine St., Suite 2100 Lexington, KY 40507 Lexington, KY 40507 Lexington, KY 40507 (859) 255-6676 (859) 226-2300 (859) 231-3000 horselaw.com stites.com skofirm.com STURGIL, TURNER, BARKER & MOLONEY PLLC STITES & HARBISON PLLC litigation and complex regulatory 333 W. Vine St., Suite 1400 250 W. Main St., Suite 2300 issues. Our goal: to be recognized by Lexington, KY 40507 Lexington, KY 40507 our clients as a valued partner in their (859) 255-8581 (859) 226-2300 business success. sturgillturner.com WARD, HOCKER & THORNTON PLLC stites.com Stites & Harbison has more 333 W. Vine St, Suite 1100 attorneys listed in the Top 50 of the Lexington, KY 40507 As the largest current Kentucky Super Lawyers (859) 422-6000 law firm in magazine than any other law firm in the whtlaw.com Kentucky, with state. With more than 280 attorneys in WYATT, TARRANT & COMBS LLP 250 W. Main St., Suite 1600 offices in five states, the firm provides clients the Lexington, KY 40507 Lexington, resources to resolve legal issues – locally (859) 233-2012 Louisville and or nationally. Additionally, Stites & wyattfirm.com G Frankfort, Stites Harbison is the Kentucky member of the & Harbison exclusive Southern Law Network, The Kenneth R. Sagan, serves as counsel Harmonie Group, Business Counsel Inc. Managing Partner, to many of the and the World Services Group, four Stites & Harbison state’s leading organizations that provide our clients businesses and with access to legal professionals in institutions. The firm focuses on every state and internationally in more sophisticated transactions, difficult than 120 countries.

58 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 59 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 60

MEDICAL SERVICES Healthcare Is Economic Stimulus Bluegrass is home to several large healthcare employers Staff photo

BY RENA BAER Dr. Michael Karpf, executive vice UK Healthcare's Albert B. Chandler Hospital president for health affairs, said UK is on on the University of Kentucky campus is ITH economic challenges time and budget to finish its new million- scheduled to be completed in 2011. The hospital's emergency room is set to open in plaguing many areas of the s.f. Albert B. Chandler Hospital, which will time for the 2010 Alltech FEI World Wcountry, the Bluegrass region be completed in two phases, allowing for Equestrian Games. has the advantage of a diversified economy the step-by-step replacement of the existing anchored by jobs in healthcare. More than hospital. The project will be the cornerstone benefits to the economy, not including all 11 percent of the area’s workforce is of a $2.5 billion plan to construct an the construction jobs involved in its employed in the field, making it one of the academic medical campus over the next 20 capital building program. largest employment sectors in the area and years that will accelerate growth in research UK’s goal is to make sure Kentucky offering stable, relatively good-paying jobs and health education. Its emergency room residents do not have to leave Kentucky in a shaky economy. is set to open in 2010, in time for the for any of their healthcare needs, no The Bluegrass is home is to several Alltech FEI World Equestrian Games. matter how specialized. This year UK has large healthcare employers, including the UK’s medical center is one of the made strides in several areas, including University of Kentucky, St. Joseph Health biggest economic engines in this pediatrics. Chandler Hospital has added System, Central Baptist Hospital, Cardinal community right now, Karpf said. Over the Makenna David Pediatric Emergency Hill Rehabilitation Hospital, and a Shriners the past five years, more than nearly Center, located in the renovated section Hospital for Children. And, as healthcare 2,000 jobs have been created or saved of its existing emergency department but needs continue to increase and medical there (UK bought the struggling with a separate waiting room and technology expands, few of these Samaritan in 2007, saving 450 jobs), institutions are standing still. adding $261 million in payroll and Continued on page 62

60 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 61 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 62

MEDICAL SERVICES

Continued from page 60 CENTRAL BAPTIST HOSPITAL studies each year, Central Baptist was the treatment area. As one of only two Level 1740 Nicholasville Road first Central Kentucky hospital to ear n I trauma centers in the state, UK is the Lexington, KY 40503 Chest Pain Center with PCI accreditation, only facility here to have such a pediatric (859) 260-6100 denoting that it meets or exceed emergency center. Last year, UK also centralbap.com benchmarks for rapidly diagnosing and opened the Kentucky Children’s Heart treating an acute heart attack. Center, which is on target to do between Recognized as Central Baptist’s oncology 150 and 200 corrective heart surgeries Lexington’s most programs use the latest skills, on children this year. preferred knowledge, and technology to help “We used to have to send our complex hospital, Central patients overpower cancer. The patients out of state; now patients ar e being Baptist Hospital hospital operates five outlying referred to us,” Karpf said. is celebrating 55 healthcare and diagnostic centers, and UK also has made inroads at the years of will soon open additional facilities in Markey Cancer Center this year, providing high- Jessamine and Madison counties. obtaining internationally known Dr. B. Bill Sisson, quality, Awarded Magnet status for its Mark Evers as director and also as President/CEO, compassionate high-quality patient care, Central professor of surgery in the UK College of Central Baptist health services. Baptist also continues to lead in Hospital Medicine. Evers, 51, came from the Performing maternity care, with nearly 4,000 University of Texas Medical Branch nearly 21,000 cardiac procedures and births each year. (UTMB) in Galveston, where he was professor of surgery, director of the UTMB Comprehensive Cancer Center molecular levels. He will bring with him multidisciplinary patient care setting. and the Sealy Center for Cancer Cell to Kentucky around $5.5 million in • The May opening of the Kentucky Biology, and the Robertson-Poth multiyear grant funding, including more Neuroscience Institute, which has Distinguished Chair in General Surgery. than $1 million in current-year support brought together neurologists and An internationally recognized from the National Institutes of Health. neurosurgeons in a state-of-the-art clinic. gastrointestinal and endocrine surgeon, Other new programs/facilities at UK’s • The opening this past December of Evers has amassed hundreds of medical center this year include: the $10 million Gill Imaging Center, which publication credits during the past two • The June addition of the Markey houses the UK Advanced Cardiovascular decades. His research included clinical Center’s Brain and Body Radiosurgery Imaging Program led by a team of and investigational studies as well as Program, which combines state-of-the-art radiologists, cardiologists and radiological basic science research into the radiation medicine technology with top- medical physicists to precisely diagnose mechanisms of cancer at the cellular and level medical expertise in a and assess the extent of a patient’s heart disease without surgery. LEXINGTON CLINIC healthcare • Plans to develop the Bar nstable 1221 S. Broadway reform Brown Kentucky Diabetes and Obesity Lexington, KY 40504 challenges of the Center, with a $2 million donation fr om the 859.258.4000 21st century. Barnstable Brown Foundation that is being lexingtonclinic.com Our physicians matched by the state’s Bucks for Brains and staff are program. With Kentucky having the Lexington Clinic, founded in 1920, has leading seventh-highest incidence of diabetes in the cared for multiple generations of patients numerous country, Karpf said the center will be and is the oldest and largest Andrew H. initiatives and integral in developing a team-approach Henderson, M.D., multispecialty medical group in helping to protocol on how to take care of diabetes. CEO, At Central Baptist Hospital, the goal Kentucky. The Clinic is committed to Lexington Clinic implement healthcare excellence and offers primary changes that will continues to be bringing healthcare closer care, specialty care, and inpatient services allow the Clinic to continue providing to patients so they don’t have to drive to the in locations and hospitals throughout the best care for patients. With 200 main location in Lexington, said hospital Central Kentucky. providers in more than 30 specialties, spokesperson Ruth Ann Childers. A rich history places Lexington the clinic stands fully prepared to Central Baptist broke ground in June Clinic in an ideal position to meet the continue our history of excellent and on a new facility in Richmond that will ongoing needs of our patients and innovative care for our patients. offer outpatient diagnostic services and offices for primary care physicians and

62 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 63

Central Baptist Hospital is building facilities in Richmond and near Nicholasville to provide healthcare for patients so they don't have to drive to the main location in Lexington.

specialists. The two-story, 20,000-s.f. Central Baptist Medical Plaza at Heritage Place will open early next year, creating 40 to 50 professional positions. The hospital also is building a second facility at Brannon Crossing: Baptist Urgent Care, a walk-in clinic with night and weekend hours. The new facility will offer magnetic resonance imaging, mammography services, and space for physicians. Saint Joseph Health System spent last year growing as it added six small r egional hospitals under its aegis, which already included Saint Joseph Hospital and Saint Joseph East in Lexington. This year, it opened the Saint Joseph Jessamine RJ Corman Ambulatory Center, a standalone emergency-room facility in Jessamine County. Through early June, 10,000

The Bluegrass: Best-Educated Workforce in Kentucky 63 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 64

MEDICAL SERVICES

The Women's Hospital at Saint Joseph East is including 12 labor and delivery suites, Lexington. “These dollars have several slated to open in 2010 will be the f irst facility 28 post-partum suites, 16 NICU beds, more lives, helping not just Lexington of its kind in Kentucky. and 32 well-baby bassinets. but also the surrounding counties.” Cardinal Hill Rehabilitation Hospital in Following is a list of area hospitals. patients had been seen there, 3,200 more Lexington broke ground in July for a three- than had been budgeted. story addition that will double the number BOURBON COUNTY “It’s been amazingly received and of beds to more than 200. The expansion, BOURBON COMMUNITY HOSPITAL supported,” said spokesman Jeff Murphy. which will include a stroke unit, will be 9 Linville Drive This summer, Saint Joseph completed in the summer of 2011. Paris, KY 40361 announced that Lexington’s United Throughout the Bluegrass, the (859) 987-3600 Radiation Oncology will become Saint dollars brought in by these expansions bourbonhospital.com Joseph Oncology, with two offices, one and new jobs in the healthcare industry BOYLE COUNTY on Blazer Parkway and one on Bob-O- are spent out in the communities, Link Drive. creating a multiplier effect. EPHRAIM MCDOWELL Meanwhile, the standalone Women’s “The healthcare industry has allowed REGIONAL MEDICAL CENTER Hospital at Saint Joseph East is us to sustain and even grow our 217 S. Third St. scheduled for completion next year. This economy here while other places haven’t Danville, KY 40422 new 60,000-s.f., $60 million facility will been so fortunate,” said Bob Quick, (859) 239-1000 emrmc.org provide the latest in maternity care, president and CEO of Commerce CLARK COUNTY

CLARK REGIONAL MEDICAL CENTER 1107 W. Lexington Ave. Winchester, KY 40391 (859) 745-3500 clarkregional.org

ESTILL COUNTY

MARCUM & WALLACE MEMORIAL HOSPITAL 60 Mercy Cour t Irvine, KY 40336 (606) 723-2115 marcumandwallace.org

FAYETTE COUNTY

CARDINAL HILL REHABILITATION HOSPITAL 2050 Versailles Road Lexington, KY 40504 (859) 254-5701 The Ephraim McDowell Regional Medical Center, a modern 222-bed facility in Danville, serves cardinalhill.org residents of Boyle County and surrounding counties.

64 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 65

CENTRAL BAPTIST HOSPITAL 1740 Nicholasville Road Lexington, KY 40503 (859) 260-6100 centralbap.com EASTERN STATE HOSPITAL 647 W. Fourth St. Lexington, KY 40508 (859) 246-7000 bluegrass.org LEXINGTON VAMC Cooper Division 1101 Cooper Drive Lexington, KY 40502 Leestown Division 2250 Leestown Drive Lexington, KY 40511 (859) 233-4511 lexington.va.gov THE RIDGE BEHAVIORAL HEALTH SYSTEM 3050 Rio Dosa Drive Lexington, KY 40509 (859) 269-2325 The Saint Joseph-Jessamine RJ Cor man Ambulatory Care Center offers ridgebhs.com emergency care for residents of Nicholasville and sur rounding communities. SAINT JOSEPH EAST 150 N. Eagle Creek Drive Lexington, KY 40509 HARRISON COUNTY MERCER COUNTY (859) 268-3750 sjhlex.org HARRISON MEMORIAL HOSPITAL THE JAMES B. HAGGIN SAINT JOSEPH HOSPITAL 1210 KY Highway 36 E. MEMORIAL HOSPITAL One St. Joseph Drive Cynthiana, KY 41031 464 Linden Ave. Lexington, KY 40504 (859) 234-2300 Harrodsburg, KY 40330 (859) 313-1000 www.harrisonmemhosp.com (859) 734-5441 sjhlex.org JESSAMINE COUNTY hagginhosp.org SHRINERS HOSPITAL FOR CHILDREN 1900 Richmond Road SAINT JOSEPH JESSAMINE NICHOLAS COUNTY Lexington, KY 40502 1250 Keene Road (859) 266-2101 Nicholasville, KY 40356 NICHOLAS COUNTY HOSPITAL shrinershq.org/Hospitals/Lexington (859) 887-4100 2323 Concrete Road ALBERT B. CHANDLER HOSPITAL sjhlex.org Carlisle, KY 40311 800 Rose St. (859) 289-7181 Lexington, KY 40536 LINCOLN COUNTY johnsonmathers.org (859) 257-1000 ukhealthcare.uky.edu FORT LOGAN HOSPITAL SCOTT COUNTY UK HEALTHCARE 110 Metker Trail GOOD SAMARITAN HOSPITAL Stanford, KY 40484 GEORGETOWN 310 S. Limestone St. (606) 365-4600 COMMUNITY HOSPITAL Lexington, KY 40508 fortloganhospital.org 1140 Lexington Road (859) 226-7000 Georgetown, KY 40324 samaritanhospital.com MADISON COUNTY (502) 868-1100 georgetowncommunityhospital.com FRANKLIN COUNTY PATTIE A. CLAY REGIONAL MEDICAL CENTER WOODFORD COUNTY FRANKFORT REGIONAL 789 Eastern Bypass MEDICAL CENTER Richmond, KY 40475 BLUEGRASS COMMUNITY HOSPITAL 299 Kings Daughters Drive (859) 623-3131 360 Amsden Ave. Frankfort, KY 40601 pattieaclay.org Versailles, KY 40383 (502) 875-5240 SAINT JOSEPH BEREA (859) 873-3111 frankfortregional.com 305 Estill St. bluegrasscommunityhospital.com G Berea, KY 40403 (859) 986-3151 sjhlex.org

The Bluegrass: Best-Educated Workforce in Kentucky 65 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 66

MEDIA Information All the Time Variety of media outlets ser ve residents and advertisers KET photo

number of news, entertainment Kentucky Educational Television (KET), which hit the airways in 1968 and is the lar gest PBS and information outlets member network in the countr y, is headquartered at the O. Leonard Press Telecommunication Athroughout the Bluegrass serve Center near the campus of the Univ ersity of Kentucky. residents on paper, on the Internet, and over the airwaves. Whether they followers who live across the country Centre College Cento concentrate on the latest events, a specific and around the world. (800) 423-6236 industry or on a lifestyle, these outlets Following is a list of newspapers, centre.edu/web/cento.html RADIO STATIONS also give businesses many advertising radio stations, magazines, and WDFB (1170 AM, 88.1 FM) opportunities to target their desired advertising agencies in the area. (859) 236-9333 audience and to promote their services. WHIR (1230 AM) ANDERSON COUNTY The region’s flagship newspaper is WRNZ (105 FM) (859) 236-2711 the Pulitzer Prize-winning Lexington NEWSPAPERS Herald-Leader, whose roots go back to The Anderson News CLARK COUNTY 1870. Lexington also is home to four (502) 839-6906 major network television stations, theandersonnews.com NEWSPAPERS and is the headquarters of Kentucky Winchester Sun BOURBON COUNTY Educational Television. KET, which was (859) 744-3123 winchestersun.com begun in 1968, is the largest PBS NEWSPAPERS member network in the country. Radio Bourbon County Citizen ESTILL COUNTY stations include National Public Radio (859) 987-1870 stations at the University of Kentucky RADIO STATIONS NEWSPAPERS WPTJ (90.7 FM) and Eastern Kentucky University. Clay City Times (859) 484-9691 Daily and weekly publications that (606) 723-5161 WYGH (1440 AM) hatfieldnewspapers.com cover the Thoroughbred and (859) 472-1075 Estill County Tribune Standardbred breeding and racing (606) 723-5012 industries have been located in BOYLE COUNTY RADIO STATIONS Lexington for decades. Because of the WIRV (1550 AM) NEWSPAPERS (606) 723-5138 Bluegrass’ importance in the horse The Advocate-Messenger industry, these publications and their (859) 236-2551 websites have many thousands of amnews.com Continued on page 68

66 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 67 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 68

MEDIA

Cumulus Broadcasting WKYT-TV Those of us who have the good fortune (859) 253-5900 2851 Winchester Road to live and work in the Lexington ar ea are WCYN (102.3 FM) Lexington, KY 40509 located at the center of a 31-state WLRO (101.5 FM) (859) 299-0411 distribution area within a 500-mile radius of WLTO (102.5 FM) WKYT.com nearly three-fourths of the population of the WLXX (92.9 FM) United States. The Bluegrass region is WVLK ( 590 AM) WXZZ (103.3 FM) WKYT went on the air internationally renowned for its equine LM Communications 52 years ago as a CBS business and ranks among the highest (859) 233-1515 affiliate. We have quality of life areas in the United States. WBTF (107.9 FM) always endeavored to Lexington is a regional hub for shopping, WBVX (92.1 FM) be a community business, entertainment, educational and WCDA (106.3 FM) WGKS (96.9 FM) leader, through the cultural activities for Central, Southeastern WLXG (1300 AM) operation of a and Eastern Kentucky. WLXO (96.1 FM) commercial television WKYT sincerely appreciates the viewers Mortenson Broadcasting Wayne Martin, station in the public who have allowed us to come into their (859) 245-1000 General Manager, interest, by informing homes for the past 52 years and the WCGW (770 AM) WKYT and entertaining our advertisers who have helped provide the WJMM (99.1 FM) WVKY (1250 AM) viewers with high-quality local news and resources to do so. We will continue our Thy Kingdom Come Network entertainment programming while helping quest for quality with an eye to the futur e. (859) 278-0894 our advertisers achieve financial prosperity. WMJR (1380 AM) University of Kentucky WRFL (88.1 FM) Chevy Chaser Thoroughbred Times (859) 257-4636 Continued from page 66 (859) 266-6537 (859) 260-9800 WUKY (91.3 FM) bizlex.com thoroughbredtimes.com (859) 257-3221 FAYETTE COUNTY Hamburg Journal Tops in Lex TELEVISION STATIONS (859) 268-0945 (859) 543-8677 Kentucky Educational Television NEWSPAPERS hamburgjournal.com topsinlex.com (859) 258-7000 Ace Weekly The Horse Young Rider ket.org (859) 225-4889 (859) 278-2361 (859) 260-9800 WDKY-TV (Channel 56) aceweekly.com thehorse.com youngrider.com (859) 269-5656 Business Lexington Horse Illustrated RADIO STATIONS wdky56.com (859) 266-6537 (859) 260-9800 Clear Channel Communications WKYT-TV (Channel 27) bizlex.com horsechannel.com (859) 422-1000 (859) 299-0411 Daily Racing Form Inc. The Horseman and Fair World WBUL (98.1 FM) wkyt.com (859) 224-6800 (859) 276-4026 WGVN (1580 AM) WLEX-TV (Channel 18) drf.com harnessracing.com WKQQ (100.1 FM) (859) 259-1818 Kentucky Kernel Keeneland Magazine WLAP (630 AM) lex18.com (University of Kentucky) (859) 278-2361 WLKT (104.5 FM) (859) 257-2872 keenelandmagazine.com WMKJ (105.5 FM) kykernel.com The Lane Repor t WMXL (94.5 FM) Continued on page 70 La Voz (859) 244-3500 WKYT-TV photo (859) 509-2742 lanereport.com lavozky.com Lexington Family Lexington Herald-Leader (859) 223-1765 (859) 231-3100 lexingtonfamily.com kentucky.com Prep Magazine The Rambler (859) 244-3500 (Transylvania University) prepmagazine.us transy.rambler.wordpress.com Skirt! Lexington MAGAZINES skirt.com The Blood-Horse Southsider (859) 278-2361 (859) 266-6537 bloodhorse.com bizlex.com The Bourbon Review (859) 402-1555 thebourbonreview.com The Cats’ Pause WKYT, which went on the air (859) 278-3474 52 years ago, is the CBS affiliate catspause.com in Lexington.

68 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 69 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 70

MEDIA

Continued from page 68

WTVQ-TV (Channel 36) (859) 294-3636 wtvq.com

FRANKLIN COUNTY

NEWSPAPERS Frankfort State Journal (502) 227-4556 state-journal.com Kentucky Gazette (502) 875-8325 kentuckygazette.com Kentucky Post (859) 341-7678 kypost.com Kentucky Press Association (502) 223-8821 kypress.com Thorobred News

(Kentucky State University) Staff photo (502) 597-5915 MAGAZINES GARRARD COUNTY A number of news, entertainment and information outlets Kentucky Afield serve residents of Central Kentucky on paper, on the Internet, (800) 858-1549 NEWSPAPERS and over the airwaves. kdfwr.state.ky.us Garrard Central Record (859) 792-2831 LINCOLN COUNTY Wallingford Broadcasting (859) 623-1340 Kentucky Monthly HARRISON COUNTY WCYO (100.7 FM) (502) 227-0053 NEWSPAPERS WEKY (1340 AM) kentuckymonthly.com NEWSPAPERS The Interior Journal RADIO STATIONS Cynthiana Democrat (606) 365-2104 WIRV (1550 AM) WKXO (1500 AM) Davenport Broadcasting (859) 234-1035 theinteriorjournal.com WLFX (106.7 FM) (502) 223-7253 cynthianademocrat.com RADIO STATIONS WCBR (1110 AM) WKYL (102.1 FM) WXKY (96.3 FM) (859) 623-1235 Forever Communications JESSAMINE COUNTY (606) 365-2126 (502) 875-4040 MERCER COUNTY WKED (103.7 FM) NEWSPAPERS MADISON COUNTY WFKY (104.9 FM) Jessamine Journal NEWSPAPERS WKYW (1490 AM) (859) 885-5381 NEWSPAPERS The Harrodsburg Herald Kentucky Public Radio jessamineonline.com Berea Citizen (859) 734-2726 (502) 223-6924 RADIO STATIONS (859) 986-0959 WCGW (770 AM) bereacitizen.net harrodsburgherald.com (859) 873-8844 Eastern Progress RADIO STATIONS

WLEX photo (Eastern Kentucky University) WHBN(1420AM) (859) 622-1881 (859) 734-4321 easternprogress.com Richmond Register NICHOLAS COUNTY (859) 623-1669 richmondregister.com NEWSPAPERS RADIO STATIONS The Carlisle Mercury Eastern Kentucky University (859) 289-6424 WEKU (88.9 FM) thecarlislemercury.com (859) 622-1680 POWELL COUNTY

NEWSPAPERS Clay City Times (606) 663-5540 hatfieldnewspapers.com WLEX is Lexington’s NBC affiliate. Continued on page 72

70 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass Project1:Layout 1 9/28/09 11:07 PM Page 1

Your marketing challenge shouldn’t be forced to fi t the solution.

Most marketing fi rms excel at just one thing. So naturally they solve challenges with what they know best – whether or not it’s the right solution. We do things diff erently. With our Worldview 360 process, we look at your challenge from multiple vantage points. Then we choose the best way to solve the problem. It may be advertising, public relations, interactive marketing, event planning or environmental graphics. Or it may be a combination. One thing’s for certain: the fi nal solution will be a perfect fi t.

Call 1-800-891-2538 or visit newwestagency.com to subscribe to our e-newsletter. 2009 Market Review 57-72.qk:2004 Market Review 1-24.qk 9/28/09 9:15 PM Page 72

MEDIA

Continued from page 70 Baker Communications 128 E. Reynolds Road, Suite 201 MAGAZINES Lexington, KY 40517 WTVQ photo Back Home in Kentucky (859) 245-1100 (606) 663-1011 bakercomm.com backhomeinky.com Bell Group RADIO STATIONS 209 N. Main St. WBFC(1470 AM) Versailles, KY 40380 (606) 663-6631 (859) 873-9200 WSKV (104.9 FM) bellgroupky.com (606) 663-2811 Bluegrass Media Consultants LLC SCOTT COUNTY 851 Corporative Drive, Suite 340 NEWSPAPERS Lexington, KY 40503 Georgetown News-Graphic (859) 224-0920 (502) 863-1111 bgmc.tv news-graphic.com Brand Advertising Group LLC McEwen Creative Advertising RADIO STATIONS 113 Walton Ave. Lexington’s ABC affiliate & Marketing is WTVQ. WKVO (89.9 FM) Lexington, KY 40508 5005 Ivybridge Drive (800) 350-5390 (859) 293-5760 Lexington, KY 40515 Georgetown College brandadvertisinggroup.com (855) 552-0062 WRVG (93.7 FM) Cornett Integrated mcewencreative.com Saybrook Advertising (502) 868-6575 Marketing Solutions Meridian Chiles Inc. 143 Walton Ave. 330 E. Main St., Third Floor 921 Beasley St. Lexington, KY 40508 WOODFORD COUNTY Lexington, KY 40507 Lexington, KY 40509 (859) 231-7473 (859) 281-5104 (859) 299-6999 saybrookadvertising.com NEWSPAPERS cornett-ims.com meridianchiles.com Serif Group The Woodford Sun Cre8tive Group Michael Breeding Media 207 E. Reynolds Road, (859) 873-4131 304 E. Main St. 303 Madison Place Suite 210 woodfordsun.com Wilmore, KY 40390 Lexington, KY 40508 Lexington, KY 40517 MAGAZINES (859) 858-9054 (859) 523-9226 (859) 271-0701 Ladies Golf Journey cre8tivegroup.com michaelbreedingmedia.com strADegy LLC (859) 873-3561 Edmon Design New West 9710 Park Plaza Ave., ladiesgolfjourney.com 257 N. Limestone 950 Breckenridge Lane, Suite 203 Lexington, KY 40507 Suite 140 Louisville, KY 40241 (859) 381-9510 Louisville, KY 40207 (502) 339-0991 Advertising edmondesign.com (502) 891-2500 yourstradegy.com Group CJ newwestagency.com Trapp Communications Agencies 314 Old Vine St. One Alliance Communications 1701B Alexandria Drive Lexington, KY 40507 5ifth Element Creative LLC 928 Edgewater Drive Lexington, KY 40504 (859) 231-8666 1020 Monarch St., Suite 300 Lexington, KY 40502 (859) 277-6868 groupcj.com Lexington, KY 40513 (859) 225-2684 trapp.com Hall Media Inc. (859) 977-4328 onealliance.com TwoCan Marketing Group 1795 Alysheba Way, 5ifthelement.net Preston-Osborne 320 W. Second St. Suite 3202 Ad-Success Marketing 450 Old Vine St., Suite 100 Lexington, KY 40507 Lexington, KY 40509 501 Darby Creek Road, Lexington, KY 40507 (859) 335-0433 (859) 268-0705 #61 (859) 231-7711 twocan.net hallmediainc.com Lexington, KY 40509 preston-osborne.com The Williams McBride Group Hammond (859) 263-1822 Rainmaker Advertising Inc. 344 E. Main St. Communications Group adsuccess.com 1795 Alysheba Way, Lexington, KY 40507 173 Trade St. APS Communications Suite 5104 (859) 253-9319 Lexington, KY 40511 3320 Clays Mill Road, Lexington, KY 40509 williamsmcbride.com (859) 254-1878 Suite 111 (859) 263-7246 Wiser, Hemlepp hammondcg.com Lexington, KY 40503 rainmakerads.com & Associates LLC Hammond Design (859) 219-2017 RPM-Right Place Media 401 Lewis Hargett Circle, Associates Inc. apscommunications.com 437 Lewis Hargett Circle, Suite 130 824 Euclid Ave. Suite 130 Lexington, KY 40503 Lexington, KY 40502 Lexington, KY 40503 (859) 887-0866 859) 259-3639 (859) 685-3800 wiserhemlepp.com G hammonddesign.com rightplacemedia.com

72 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 73

BUSINESS & REAL ESTATE SERVICES Staff photo

Aerial photo shows Lexington’s central Location Can Lead to Success business district. Professionals have tools to help companies b uild their businesses

HOSE looking for business Regardless of the appeal, a wide ADVANTAGE LINEN INC. property in the Bluegrass have range of professionals is available to 51 Enterprise Drive Tmany urban and rural choices. assist companies – and their employees – Lexington, Ky 40510 Potential locations include Lexington in finding just the right location and (859) 225-5917 with its many big-city amenities that setting up their operations using include a revitalized downtown, historic modern, efficient strategies. Advantage Linen buildings, and modern office complexes. Additionally, the economic Inc. began Residential options in Lexington include development division of Commerce operations in 1996 downtown lofts and condos, homes in Lexington (commercelexington.com) has in Lexington, historic districts and established an extensive list of available property and focusing on neighborhoods, homes in thriving office space for companies and restaurants, subdivisions, and horse farms of var ying businesses looking to expand or relocate hospitality, and sizes in the outlying country. in the Bluegrass. healthcare. Our Another option for business and Following is a list of some of the John R. van Nagell III, business philosophy residential property are locations that are commercial real estate property and President/CEO, is: Find out what Advantage Linen Inc. within an easy drive of Lexington and management firms; residential and farm the customer wants are in or near a number of smaller real estate firms; business service; and provide it to them in a timely, communities that offer easy access to and internet technology companies consistent manner while highlighting major interstates and highways. in the area. quality, value, and dependability.

The Bluegrass: Best-Educated Workforce in Kentucky 73 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 74

BUSINESS & REAL ESTATE SERVICES Fortune Realty photo Fortune

In 2008, Advantage Linen invested including Continental Plant Bed Covers A variety of office and industrial space in the world’s most advanced green and Heavy Duty Float Covers. throughout Central Kentucky, such as this building on For tune Drive, is available to sequential tunnel-washing system. This Continental represents Drexel meet the needs of every business. innovative washing system saves water, Chemical Company’s extensive line of natural gas, and electricity, and offers the agricultural chemicals, and also also highest quality wash available. Putting distributes PGI Bale Lok Baler Twine, and local companies,” Miller said. “We ourselves on the cutting edge of gr een Max Wrap, and Net Wrap and Oyster are very proud that Wesco, Graybar, technology while focusing on Shell feed additives. XPEDEX, CED, Omnicare and Meridian- consistency, convenience, and the Chiles Advertising have been tenants for provision of a variety of color- FORTUNE REALTY over 20 years.” coordinated linens all contributes to our 900 Beasley St. Fortune Realty is proud to be the mutual success. After all, it’s the little Lexington, KY Official Commercial Realty Company of the things that matter. (859) 293-1111 Alltech 2010 FEI World Equestrian Games. fortuneoffice.com CONTINENTIAL INDUSTRIES INC. HAMBURG PLACE P.O. Box 865 Fortune Realty is a 2517 Sir Bar ton Way, Suite 210 Shepherdsville, KY 40165 full-service real Lexington, KY 40509 (502) 955-8337 estate firm (859) 299-1515 representing clients hamburgplace.com Established in for leases, sales, 1980, Continental and purchases. In Along with the Industries Inc. is a 1984, changes in the Kentucky-owned Westinghouse seasons have come agribusiness that John Paul Miller, Electrical some changes at strives to provide Owner, Distributors became Hamburg Place, Fortune Realty high-quality goods, Fortune’s first located off competitive tenant. Today, Fortune has over 80 Interstate 75 on Jim Hamilton, Vice pricing, and tenants and owns over 800,000 s.f. of Lexington’s east President, exceptional Class A offices, showrooms, warehouses, Patrick W. Madden, side. Circuit City Continental customer service. and distribution centers. John Paul Miller Hamburg Place and Sportsman’s Industries Inc. On its own is the owner, and Amy Mellinger is the Warehouse, both account, Continental produces and property/leasing manager. popular retailers, closed their doors, but distributes a quality line of Mud “Our goal was to create a premier we have added Verizon Wireless, Chiro Control/Soil Stabilization Fabrics, in office park and distribution center that One, and Studio 19, and have plans for addition to its line of agricultural covers, would attract, and retain, top national Norwalk to relocate to War Admiral

74 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 75

Place. We also are negotiating leases with HEWLETT-PACKARD COMPANY Bluegrass-based companies including potential tenants to occupy the larger 810 Bull Lea Run Humana, Fidelity Investments (division spaces recently vacated, and we look Lexington, KY 40511 in Covington), Kentucky Farm Bureau, forward to making an exciting (866) 318-5925 and the State of Kentucky all use HP announcement in the near future. hpexstream.com Exstream software to create more One of the original goals at Hambur g effective customer communications while Place was to provide for all types of Hewlett Packard substantially reducing IT, printing and development. This has resulted in a acquired one of the fulfillment costs. diverse group of occupants who now call world’s fastest- Hamburg Place home. On Alysheba Way, growing start-up JIMMY NASH HOMES visitors, shoppers and residents have technology 276 Blue Sky Parkway access to the best physicians in the companies last year Lexington, KY 40509 region. Throughout the development, when it bought (859) 263-9635 Hamburg Place also is the location of Lexington-based jimmynashhomes.com numerous banks, restaurants, Richard J. Troksa, VP, Exstream Software educational facilities, physicians, dental HP Enterprise located on the In business for Software offices, pharmacies, home furnishing University of more than 18 showcases, and other office and retailers Kentucky’s Coldstream Research years, Jimmy Nash of every description. Campus. Exstream’s market-leading Homes is one of The neighborhood is pleased with enterprise software stemmed from an Central Kentucky’s the new Liberty Elementary School, idea that has revolutionized the way premier custom which opened in August 2008. Now companies think about and deploy home builders. We those children can stop by PetSmart at customer communications. handle the entire Hamburg Place and adopt a puppy to Along with leading companies and James T. Nash, process of buying take home. government agencies around the world, President, Jimmy and building new Nash Homes 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 76

BUSINESS & REAL ESTATE SERVICES Staff photo

Main & Rose features 96 loft-style KELLER WILLIAMS study, Keller Williams ranks highest in condos developed by Lexington's Real BLUEGRASS REALTY customer satisfaction among buyers for a Estate Company. 2424 Harrodsburg Road second consecutive year. Lexington, KY 40503 (859) 260-1444 KENTUCKY EMPLOYERS’ kellerwilliamsbluegrass.com MUTUEL INSURANCE 250 W. Main St., Suite 900 homes with our own staff that can assist Keller Williams Lexington, KY 40507 with purchasing, designing, decorating, Bluegrass Realty (859) 425-7800 and – most importantly – making opened four years kemi.com building your new home an enjoyable ago as the first process. Keller Williams Kentucky Jimmy Nash Homes has two exclusive office in Kentucky. Employers’ Mutuel communities in Central Kentucky, Still With more than Insurance (KEMI) Meadow and Patchen Wilkes. Located on 110 agents and is Kentucky’s the famous Patchen Wilkes Thoroughbred Myrna Dowing, growing, we are largest workers farm, Patchen Wilkes is Lexington’s only Realtor, the second-largest compensation Keller Williams Traditional Neighborhood Development real estate office insurance (TND) and features a streetscape with no in Central Kentucky, and we are company, front entry garages and the use of private second in market share based on sales Roger Fries, providing coverage alleyways. Both communities are of existing homes. President/CEO, KEMI for over 22,000 conveniently located near downtown Our emphasis on our culture and businesses. We are committed to our Lexington and to schools, shopping and always doing the right thing set us apart. customers and recognize how important Interstates 75 and 64. Our vision, belief system, education and it is to fulfill the promises that our We also can design and build a home profit share to our agents make us the policies represent. on your lot, acreage, or farm. real estate company choice of more That’s why we employ responsible Visit our two furnished model homes agents than any other real estate business practices, offer competitive located in Still Meadow and Patchen company in the United States. pricing tiers, use technology that helps Wilkes. The model homes are open daily Based on the most recent J.D. Power control medical expenses on claims, and from noon to 5 p.m. & Associates 2009 Home Buyer/Seller provide free safety resources to our

76 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 77

policyholders. As a testament to KEMI’s also includes other financial stability, we have earned and specialists who can maintained an A- (Excellent) rating from assist you in the A.M. Best. complex business KEMI recently announced a fourth of buying and consecutive year of decreasing rates and, selling farms or in addition, lowered minimum premium high-end requirements, making workers’ residential real compensation insurance premiums more Arnold Kirkpatrick, estate, including affordable for Kentucky businesses. Principal, Kirkpatrick veterinarians,

& Company Jessamine County Chamber of Commerce photo licensed trainers, KIRKPATRICK & COMPANY agronomists, etc. 535 W 2nd St. That is why Kirkpatrick & Company Lexington, KY 40508 has listed and sold more property within 10 (859) 231-8444 miles of the Kentucky Horse Park than any kirkfarms.com brokerage in Central Kentucky. We also maintain an extensive inventory of high- An award-winning Thoroughbred breeder, end pocket listings, in addition to the farm and racing executive, and writer, published ones. Arnold Kirkpatrick has more than 50 years of experience in the horse business, during which he accumulated a vast knowledge of all aspects of the industry. Many Central Kentucky towns are eager to show off their renovated historic The team of knowledgeable properties. This is a view of Nicholasville’s professionals at Kirkpatrick & Company traditional downtown. 2009 Market Review 73-83rev_jc.qk:2004 Market Review 1-24.qk 9/29/09 1:10 PM Page 78

BUSINESS & REAL ESTATE SERVICES Staff photo LEXINGTON’S REAL ESTATE COMPANY 333 W. Vine St., Suite 300 Lexington, KY 40507 (859) 255-6706 lrcrealestate.com

LRC-Lexington’s Real Estate Company serves as Lexington’s “downtown experts.” Our recent developments represent an Phil Holoubek, investment of nearly President, Lexington’s $40 million in Real Estate downtown Company Lexington. Main & Rose is our award-winning mixed-use project that has nearly 100 loft condos starting in the $150,000s and nearly 25,000 s.f. of new r etail space. LRC also developed the Nunn Lofts residential project at the corner of East Short Street and North Martin Luther King Boulevard. The 26-unit loft condo project was recently voted “Best Downtown Lofts” and has won an awar d for historic preservation from the city of LANE CONSULTANTS INC. Jimmy Nash Homes has been b uilding Lexington. 201 E. Main St., 14th Floor homes in Lexington and throughout LRC also leases beautiful executive Central Kentucky for more than 18 years. Lexington, KY 40507 office suites in downtown Lexington (859) 244-3500 with rent starting at only $300 per kybiz.com month. Call today! range of businesses represented in Central Lane Consultants Kentucky is a strong indicator of the LYNN IMAGING is fortunate to combined strengths of geographic location 328 Old Vine Street have selected and a highly educated workforce. Lexington, KY 40507 Central Kentucky One of the unique attributes of Lane (859) 255-1021 as its own Consultants is that its affiliate, Lane lynnimaging.com profitable business Communications Group, publishes location. Lane statewide Kentucky business Lynn Imaging has Consultants is a periodicals. That company’s flagship been serving the Ed Lane, commercial real publication is The Lane Report, construction and CEO, estate services firm Kentucky’s exclusive statewide business business industries Lane Consultants Inc. that specializes in magazine that has been published since 1946. owner more than two decades. Embracing the representation, buyer and tenant Most Lane publications also are digital revolution representation, appraisals of published and archived electronically at in printing and value, consulting, and real estate lanereport.com. The Web site also serves Mike Carter, bringing the best advisory services. as a portal for corporations, smaller President, technology and The economic diversity of the Bluegrass enterprises and businesses seeking Lynn Imaging service to its region offers much for companies looking information about expanding their customer base have been the goals of this to locate or expand in Kentucky. The wide business in Kentucky. Kentucky business for over 60 years.

78 The Lane Repor t’s 2009-2010 Market Review of the Bluegrass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 79

When asked what separates Lynn NGAS RESOURCES INC. drilling horizontal wells in the Imaging from its competition, Mike Carter, 120 Prosperous Place, Suite 201 Appalachian and Illinois Basin Shale president of Lynn Imaging, said, “Bringing Lexington, KY 40509 payzones. Horizontal drilling has opened the best technology to our clients to make (859) 263-3948 up access to reserves for us that were them more efficient is an important aspect ngas.com previously unavailable due to coal of our business. But Lynn Imaging has mining activities in Eastern Kentucky. brought this technology, along with an NGAS Resources is Horizontal drilling technology also attitude of hard work and service to our an independent lowers finding and development costs customers for over 60 years.” exploration and and increases gas recovery. Most notable is the online digital production Our extensive experience in this planroom, which can be found at company focused region, relationships with partners, lynnimaging.com. From any Internet- on natural gas suppliers, and mineral interest owners, capable computer, contractors can view, basins in the gives us competitive advantages in download and order prints on projects that eastern United developing these resources to achieve are currently out for bid. Owners, general William S. States, principally annual volumetric growth and strong contractors, architects and engineers who Daughtery, in the southern financial returns on a long-term basis. President/CEO, are supervising the projects can use the NGAS portion of the back end of the planroom to control and Appalachian Basin REALTY RESEARCH CORPORATION manage the bid and project phase of as well as the Illinois Basin. Cor e assets 201 E. Main St., 14th Floor construction into the archival phase include 77.9 billion cubic feet Lexington, KY 40507 needed for facilities management. equivalents of proved oil and gas (859) 244-3550 Thanks to these technology reserves; 400,000 acres; and interests in kybiz.com offerings, Lynn Imaging is making the more than 1,400 oil and gas wells. construction process more efficient for In 2008, the company transitioned For more than 30 years, Realty Research everyone involved. from drilling vertical wells to successfully Corporation has provided consultation, 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 80

BUSINESS & REAL ESTATE SERVICES Jeff Rogers photo The charm and character of homes in established neighborhoods attract many people.

to join, contact Jana McGuire at [email protected].

TOYOTA M OTOR MANUFACTURING, KENTUCKY INC. 1001 Cherry Blossom Way Georgetown, KY 40324 (502) 868-2135 toyotageorgetown.com

Toyota Motor Manufacturing, Kentucky Inc. (TMMK) of Georgetown is Toyota’s largest plant in North America. In the Steve St. Angelo, wake of one of the President, Toyota most challenging Motor Manufacturing Kentucky years for the automotive industry, appraisals, analyses and valuations, SPINDLETOP HALL our plant unveiled the all-new Venza, a including professional office, 3414 Ironworks Pike sporty crossover that has caught the eye of multifamily, industrial, motel, Lexington, KY 40511 many consumers. Georgetown team restaurant, retail, farms, subdivisions, (859) 255-2777 members also build America’s No. 1-selling vacant land and a spindletophall.org sedan – the Toyota Camry – as well as the full range of Camry Hybrid and Avalon sedan. special-purpose Spindletop Hall is a This past year, TMMK also collected properties in genuine American its ninth J.D. Power & Associates Plant central Kentucky. masterpiece. Quality Award (Bronze), which is more In addition, Realty Membership affords than any other vehicle manufacturing Research performs you a perfect place plant. For these reasons, I’m proud to be business for conferences, part of the Kentucky team. valuations. receptions, Steve Rohlfing, Because of the seminars, parties – W. ROGERS COMPANY Principal Appraiser, Realty Research current local and Gerald Marvel, it is a facility that we 649 Bizzell Drive Corporation national economy General Manager/ can tailor to your Lexington, KY 40510 and rapidly COO, specific needs. (859) 231-6290 Spindletop Hall changing market, keeping informed is Spindletop Hall wrogers.com essential. As real estate investment is in the heart of the Kentucky Bluegrass. decisions are becoming increasingly We’re within a day’s drive of three-quarters W. Rogers Company is a general difficult, and as property values of America’s population. You have the contracting firm headquartered in fluctuate, the need for competent and opportunity to enjoy swimming, tennis, Lexington that engages primarily in the professional real estate appraisal and chipping and putting greens, and a walking construction of municipal water and consulting services escalates. and jogging trail. For information on how wastewater treatment plants, along with

80 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 81

industrial COMMERCIAL REAL ESTATE COLEMAN GROUP pretreatment PROPERTY/MANAGEMENT FIRMS 2525 Harrodsburg Road, Suite 200 facilities. Lexington, KY 40504 AMR MANAGEMENT SERVICES (859) 255-8855 Since its 201 E. Main St., Suite 1405 colemangroup.net beginning in Lexington, KY 40507 CRM COMPANIES 1970, the (859) 514-9150 270 S. Limestone company has amrms.com Lexington, KY 40508 completed more APEX REALITY INC. (859) 225-3680 651 Perimeter, Suite 605 crmco.com Warren Rogers, than 300 projects, President, Lexington, KY 40517 EQUITY MANAGEMENT GROUP INC. large and small, W. Rogers Company (859) 269-5669 840 E. High St. throughout BLUEGRASS STATION Lexington, KY 40502 Kentucky and Tennessee, as well as five 5751 Briar Hill Road (859) 266-1414 surrounding states. Lexington, KY 40516 emgpm.com Today, experience and expertise (859) 293-4212 FORTUNE REALTY bluegrass-station.com 900 Beasley St., Suite 110 make W. Rogers Company a premier CLARK J. GROSS REAL ESTATE Lexington, KY 40509 contractor sought out by owners, 709 Beachmont Road (859) 293-1111 designers and private clients. Lexington, KY 40502 fortuneoffice.com W. Rogers Company is committed to (859) 229-2163 THE GIBSON CO. INC providing the highest level of quality CMI PROPERTIES 1050 Monarch St., Suite 100 1795 Alysheba Way, Suite 5101 Lexington, KY 40503 with a reasonable rate of return, safe Lexington, KY 40509 (859) 224-8833 working conditions and unmatched (859) 273-7389 thegibsoncompany.com client satisfaction. cmiproperties.com

The Bluegrass: Best-Educated Workforce in Kentucky 81 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 82

BUSINESS & REAL ESTATE SERVICES

Tobacco warehouses were torn down to make way for 5 Twenty Four, which offers luxury student apar tments near the University of Kentucky.

SEWELL COMMERCIAL DEVELOPMENT & BROKERAGE LLC 880 Corporate Drive, Suite 103 Lexington, KY 40503 (859) 219-2470 sewellcommercial.com SOUTHCREEK PROPERTIES 2365 Harrodsburg Road, Suite B210 Lexington, KY 40504 (859) 255-1500 southcreekpark.com SPERRY VAN NESS 300 E. Main St., Suite 220 Lexington, KY 40507

Staff photo (859) 264-0888 svnlex.com TIC PROPERTIES MANAGEMENT LLC HAYMAKER/BEAN COMMERCIAL MAZURKA COMMERCIAL REALTY 201 E. Main St., Suite 1250 REAL ESTATE CO. 123 Algonquin St. Lexington, KY 40507 3120 Wall St., Suite 300 Lexington, KY 40507 (859) 252-6550 Lexington, KY 40513 (859) 296-0414 ticpropertiesmanagement.com (859) 296-9696 mazurka.com WARNER BUILDERS LLC haymakercompany.com NAI ISAAC COMMERCIAL PROPERTIES 3234 Beacon St. KCM HOLDINGS LLC 771 Corporate Drive, Suite 300 Lexington, KY 40513 1800 Cantrill Drive Lexington, KY 40503 (859) 263-1500 Lexington, KY 40505 (859) 224-2000 warnerbuilt.com (859) 299-1048 naiisaac.com WEBB COMPANIES KIMBROUGH & ASSOCIATES LLC NUTI BUILDERS 250 W. Main St., Suite 3000 1795 Alysheba Way, Suite 1104 1093 Duval St. Lexington, KY 40507 Lexington, KY 40509 Lexington, KY 40515 (859) 253-0000 (859) 263-0815 (859) 245-6884 thewebbcompanies.com LANE CONSULTANTS nutibuilders.com BOB ZIELKE & ASSOCIATES INC. 201 E. Main St., 14th Floor PRESTIGE INVESTMENTS 3353 Lyon Drive Lexington, KY 40507 1378 Estates Hill Circle Lexington, KY 40513 (859) 244-3500 Lexington, KY 40511 laneky.com (859) 489-2246 RESIDENTIAL/FARM LANGLEY PROPERTIES CO. THE REINHOLD GROUP REAL ESTATE FIRMS 300 W. Vine St., Suite 2200 831 E. Main St. Lexington, KY 40507 Lexington, KY 40502 AMERICAN REALTY GROUP (859) 253-2255 (859) 268-2232 4800 Mandarin Place langleyproperty.com thereinholdgroup.com Lexington, KY 40514 LRC-LEXINGTON’S REAL ESTATE CO. ROSENSTEIN DEVELOPMENT (859) 621-2255 333 W. Vine St, Suite 300 343 Waller Ave., Suite 100 americanrealtygroupky.com Lexington, KY 40507 Lexington, KY 40504 ARNOLD REAL ESTATE (859) 255-6706 (859) 225-8800 & CONSTRUCTION lrcrealestate.com rosensteindevelopment.com 2549 Richmond Road, Suite 100 MANCHESTER DEVELOPMENT SADLER PROPERTIES INC. Lexington, KY 40509 1200 Manchester St. 2393 Alumni Drive 100 (859) 266-3181 Lexington, KY 40504 Lexington, KY 40517 arnoldrealestate.net (859) 361-3339 (859) 266-7300 BIEDERMAN REAL ESTATE lexrent.com SCRADER COMMERCIAL & AUCTIONEERS MAY COMMERCIAL GROUP INC. PROPERTIES LLC 1710 Alexandria Drive 131 Prosperous Place, Suite 19A 175 E. Main St., Suite 325 Lexington, KY 40504 Lexington, KY 40509 Lexington, KY 40507 (859) 277-2030 (859) 263-2424 (859) 288-5008 biedermanbrokerage.com schradercommercial.com

82 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 73-83.qk:2004 Market Review 1-24.qk 9/28/09 9:01 PM Page 83

BLUE PLANET REALTY INC. KIRKPATRICK & COMPANY TURF TOWN PROPERTIES INC. 1030 Monarch St., Suite 320 535 W. 2nd St., Suite 104 24 Kentucky Ave. Lexington, KY 40513 Lexington KY 40508 Lexington, KY 40502 (859) 219-9456 (859) 231-8444 (859) 268-4663 blueplanetrealty.com kirkfarms.com turftown.com BLUEGRASS REAL ESTATE LEXHOME REAL ESTATE WEESNER PROPERTIES INVESTMENT GROUP LLC 281 Lincoln Ave., Suite 100 109 Wallace Court 369 W. Vine St., Suite 1801 Lexington, KY 40502 Lexington, KY 40517 Lexington, KY 40507 (859) 539-4663 (859) 621-1332 (859) 312-3703 lexhome.com lexingtonproperties.com buyer4yourhouse.com METRO REALTY INC. CENTURY 21 2714 Regency Road Source: Commerce Lexington Inc. century21.com Lexington, KY 40503 CHARLIE MURPHY REAL ESTATE (859) 276-2502 INFORMATION TECHNOLOGY 200 E. Reynolds Road, Suite 1 metrorealty-homes.com COMPANIES Lexington, KY 40517 MILESTONE REALTY CONSULTANTS (859) 971-2222 3609 Walden Drive ARCHVISION INC. charliemurphyrealtors.com Lexington, KY 40517 163 E. Main St. COLDWELL BANKER (859) 245-1179 Lexington, KY 40507 coldwellbanker.com milestoneky.com (859) 252-3118 COMMONWEALTH GMAC MODERN PROPERTY MANAGEMENT archvision.com REAL ESTATE 366 Waller Ave., Suite 103 HEWLETT PACKARD 843 Lane Allen Road Lexington, KY 40504 810 Bull Lea Run Lexington, KY 40504 (859) 388-2000 Lexington, KY 40511 (859) 278-1606 mpmlex.com (859) 296-0600 commonwealthgmac.com PIONEER REALTY hp.com ERA WOODS REAL ESTATE GROUP 2200 Woodburn Hall Road IBM 1010 Monarch St., Suite 110 Lexington, KY 40515 745 W. New Circle Road Lexington, KY 40513 (859) 552-5656 Lexington, KY 40511 (859) 219-1185 PRUDENTIAL A.S. DEMOVELLAN (859) 367-0483 erawoods.com REAL ESTATE ibm.com GRIFFIN GATE REALTY 171 Prosperous Place INTRASOURCE 1510 Newtown Road, Suite 116 Lexington, KY 40509 1050 Monarch St., Suite 300 Lexington, KY 40511 (859) 266-0451 Lexington, KY 40513 (859) 281-1625 demovellan.com (859) 278-5500 HAMBURG PLACE REALTY TOWN intrasource.com SILVER OAKS PROPERTIES LLC 239 S. Limestone, Suite 100 MERSIVE TECHNOLOGIES INC. P.O. Box 12128 Lexington, KY 40508 163 E. Main St., Suite 300 Lexington, KY 40580 (859) 252-5548 Lexington, KY 40507 (859) 299-1515 myrealtytown.com (859) 514-8120 hamburgplace.com RECTOR HAYDEN mersive.com HENDRICKS REAL ESTATE TEAM rhr.com NETGAIN TECHNOLOGIES 80 Codell Drive, #260 REDNAUR AND ASSOCIATES INC. 2031 Georgetown Road Lexington, KY 40509 4418 Main St. Lexington, KY 40511 (859) 294-5006 Clay City, KY 40312 (866) 367-7243 hendricksteam.com (606) 663-4828 netgainit.com JONAH MITCHELL REAL ESTATE rednourproperties.com SOFTWARE INFORMATION & PROPERTY RE/MAX CREATIVE REALTY SYSTEMS INC. 102 Lake St. 4222000.com 455 Park Place, Suite 301 Nicholasville, KY 40356 SILVESTRI-CRAIG REALTORS Lexington, KY 40511 (859) 887-8870 3292 Eagle View Lane, Suite 350 (859) 97704751 jonahmitchell.com Lexington, KY 40509 thinksis.com JUSTICE REAL ESTATE (859) 263-2300 SYSTEMS DESIGN GROUP INC. 518 E. Main St. soldbycraig.com 501 Darby Creek Road, Suite 9 Lexington, KY 40508 SMITH REALTY GROUP Lexington, KY 40509 (859) 255-3657 2465-C Nicholasville Road (859) 263-7355 kyhorsefarms.com Lexington, KY 40503 sdgky.com KELLER WILLIAMS (859) 271-2000 TRINSOFT LLC BLUEGRASS REALTY smithrealtygroup.com 1025 Monarch St., Suite 170 2424 Harrodsburg Road, Suite 101 SUBLIME SOLUTIONS Lexington, KY 40513 Lexington, KY 40503 2490 Ogden Way (859) 252-6225 (859) 260-8444 Lexington, KY 40509 trinsoft.com G kellerwilliamsbluegrass.com (859) 338-1790 sublimesolutionsky.com The Bluegrass: Best-Educated Workforce in Kentucky 83 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 84

MADE IN THE BLUEGRASS Famous Names Have Bluegrass Ties Region is home to manufacturers of popular products Big Ass Fans photo Big Ass Fans OYOTA Camrys, Jif peanut butter, and Wild TTurkey bourbon are just a few of the popular products that are manufactured in the Bluegrass. Of course, the region is home to some of the world’s most famous Thoroughbred farms and is globally recognized for the production of racehorses. Other manufacturers throughout the Bluegrass create a variety of products that also are known throughout Kentucky, across the nation, and around the world.

3M Office products 1308 New Lair Road Cynthiana, KY 41031 (859) 234-5671 mmm.com AFG Industries Inc. Flat glass 201 Duncannon Lane Richmond, KY 40475 (859) 625-9002 afg.com Aichi Forge USA Inc. Steel forgings 596 Triport Road Georgetown, KY 40324 (502) 863-7575 louisvilleforge.com Ale-8-One Bottling Company (HQ) Soft drinks 25 Carol Road Winchester, KY 40391 B&H Tool Works Inc. Big Ass Fans designs and manufactures high-volume and low-speed (859) 744-3484 Metal stamping ceiling and vertical fans used in lar ge commercial, industrial, agricultural ale-8-one.com & tool fabricator and institutional buildings worldwide. Alltech Inc. (HQ) 1785 Lancaster Road Natural animal feed additives Richmond, KY 40475 Big Ass Fans (HQ) Brake Parts Inc. 3031 Catnip Hill Pike (859) 624-2458 High-volume ceiling fans Vehicle systems & parts Nicholasville, KY 40356 bhtoolworks.com 2425 Merchant St. 101 Industrial Park Drive (859) 885-9613 Belcan Lexington, KY 40511 Stanford, KY 40484 alltech.com Engineering/technical/ (859) 233-1271 (606) 365-3581 Audio Authority Corp. (HQ) staffing solutions bigassfans.com brakeparts.com Commercial intercom, Griffin Gate Plaza Blue Grass Manufacturing Brumfield Hay & Grain (HQ) audio/visual solutions 1510 Newtown Pike, Contract manufacturing Equine hay, feed, supplements 2048 Mercer Road Suite 400 1454 Jingle Bell Lane 2285 Maggard Drive Lexington, KY 40511 Lexington, KY 40511 Lexington, KY 40509 Lexington, KY 40511 (859) 233-4599 (859) 543-1689 (859) 233-7445 (859) 255-0788 audioauthority.com belcan.com bluegrassmfg.com brumfieldhay.com

84 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 85

Carhartt Inc. Work clothing/manufacturing administrative offices 498 Industrial Park Drive Irvine, KY 40336 (606) 723-6684 carhartt.com Central Motor Wheel of America Inc. Automotive wheels 125 Wheat Drive Paris, KY 40361 DecoArt Inc. (859) 987-0500 Home decorating/ The Jif plant in Lexington is the largest peanut butter-producing Ceradyne Inc. crafts acrylic paints facility in the world. Advanced technical ceramics 49 Cotton Ave. 2416 Merchant St. Stanford, KY 40484 Lexington, KY 40511 (606) 365-3193 J.M. Smucker Co. (859) 514-1290 decoart.com Jif peanut butter ceradyne.com EnerSys 767 Winchester Road Chempharma Int’l LLC Industrial batteries Lexington, KY 40505 Chemical products 761 Eastern Bypass (859) 254-5544 300 Provider Court, Richmond, KY 40475 jif.com Suite 200 (859) 624-7300 Johnson Controls Inc. Richmond, KY 40475 enersys.com Automotive foam pads (859) 625-9849 Foam Design Inc. (HQ) 824 Lemons Mill Road chempharma.com Foam packaging Georgetown, KY 40324 Kentucky Ale is among the Color Point (HQ) 444 Transport Court (502) 863-0400 award-winning beers produced Bedding plants Lexington, KY 40511 jci.com by Alltech’s Lexington Brewing 1077 Cane Ridge Road Company. (859) 231-7006 Kaba Mas LLC Paris, KY 400361 foamdesign.com High-security locking solutions (859) 988-6500 Four Roses Distillery (HQ) 749 W. Short St. Buffalo Trace Distillery (HQ) colorpoint.biz Bourbon Lexington, KY 40508 Bourbon Concrete Materials Co. LLC 1224 Bonds Mill Road (888) 950-950-4715 1001 Wilkinson Blvd. Ready-mixed concrete & Lawrenceburg, KY 40342 kaba-mas.com Frankfort, KY 40601 precast concrete products (502) 839-3436 Kentucky Gentlemen Cigar Co. (502) 696-5903 106 Industry Road fourroses.us Handmade cigars buffalotrace.com Richmond, KY 40475 Georgia Pacific Corp. 1036 Ninevah Road Burkmann Mills Inc. (HQ) (859) 623-4238 Paper & plastic items Lawrenceburg, KY 40342 Animal feed concretematerials 451 Harbison Road (502) 839-9226 1111 Perryville Road company.com Lexington, KY 40511 kentuckygentlemen Danville, KY 40422 Corning Display Technologies (859) 259-9126 cigars.com (859) 236-0400 Glass processes & gp.com KI Corporation burkmann.com products technology Hallway Feeds (HQ) Stamped metal 680 E. Office St. Equine feed automobile body parts Harrodsburg, KY 40330 251 W. Loudon Ave. 501 Mayde Road (859) 734-3341 Lexington, KY 40508 Berea, KY 40403 corning.com (859) 255-7602 (859) 986-1420

Tempur-Pedic photo hallwayfeeds.com kiusa.com Hitachi Automotive Products Kito USA Corp. Automobile electric Construction machinery components 2259 Jaggie Fox Way 955 Warwick Road Lexington, KY 40511 Harrodsburg, KY 40330 (859) 367-7414 (859) 734-9451 kito.co.jp hap.com Komatsu America Corp. Jim Beam Brands (HQ) Construction, Bourbon mining equipment 3200 Georgetown Road 1105 Eastland Drive Frankfort, KY 40601 Lexington, KY 40505 (502) 695-3010 (859) 254-5202 jimbeam.com komatsuamerica.com Tempur-Pedic, which produces mattresses, pillows and other comfort products, is headquartered in Lexington.

The Bluegrass: Best-Educated Workforce in Kentucky 85 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 86

MADE IN THE BLUEGRASS

Laura’s Lean Beef (HQ) Natural beef products 1517 Bull Lea Road, Suite 210 Lexington, KY 40511 (859) 299-7707 laurasleanbeef.com Leggett & Platt Inc. Assembled bedsprings 130 Ecton Road Winchester, KY 40391 (859) 744-0100 leggett.com Lexmark International Inc.(HQ) Lexmark is a leading developer, Printers manufacturer and supplier of Old Kentucky Candies (HQ) 740 W. New Circle Road printers and printing supplies. Candy Lexington, KY 40550 450 Southland Drive (859) 232-2000 Montaplast-North America Lexington, KY 40503 lexmark.com Automotive plastic systems (859) 278-4444 Link-Belt Construction 2001 Hoover Blvd. oldkycandy.com Equipment Co. (HQ) Frankfort, KY 40601 Osram Sylvania Telescopic & (502) 695-7766 Fluorescent lamps lattice boom cranes montaplast.com 1000 Tyrone Pike 2651 Palumbo Drive NACCO Materials Versailles, KY 40383 Lexington, KY 40509 Handling Group (859) 873-5411 (859) 263-5200 Lift trucks sylvania.com linkbelt.com 2200 Menelaus Road Pilkington North America Wild Turkey is one popular Liquid Container Berea, KY 40403 Laminated & toughened glass brand of Kentucky bourbon Packaging (859) 986-9304 102 Kuhlman Drive made in the Bluegrass. 2447 Palumbo Drive nmhg.com Versailles, KY 40383 Lexington, KY 40509 Neogen Corporation (859) 873-2800 Kuhlman Electric Corp (HQ) (859) 266-5656 Food & animal safety pilkington.com Transformers liquidcontainer.com products Prestress Services Inc. (HQ) 101 Kuhlman Blvd. McCauley Bros. (HQ) 944 Nandino Blvd. Prestressed concrete products Versailles, KY 40383 Equine feed & supplements Lexington, KY 40511 5501 Briar Hill Road (859) 879-2999 11 Broadway (859) 254-1221 Lexington, KY 40516 kuhlman.com Versailles, KY 40383 neogen.com (859) 299-0461 L3 Integrated Systems (859) 873-3333 Niles America Wintech Inc. prestressservices.com Aircraft maintenance/ mccauleybros.com Molded automotive parts QED Inc. modernization Monessen Hearth 1175 Enterprise Drive Commercial lighting solutions 5749 Briar Hill Road Systems Co. (HQ) Winchester, KY 40391 750 Enterprise Drive Lexington, KY 40516 Fireplaces & (859) 745-9933 Lexington, KY 40510 (866) 532-4477 wood-burning stoves niles.co.jp (859) 231-0388 l-3.com 149 Cleveland Drive Okonite Company qedisit.com Lectrodryer Paris, KY 40361 Industrial cables Quebecor World Liquid automation (859) 987-0740 1740 Berea Road Book printing & binding machinery, equipment monessenhearth.com Richmond, KY 40475 100 US 60 Bypass 135 Quality Drive (859) 623-7200 Versailles, KY 40384 Richmond, KY 40475 okonite.com (859) 873-3181 (859) 624-2091 quebecorworld.com lectrodryer.com Rebecca Ruth Candy Factory (HQ) Chocolate candy P.O. Box 64 Frankfort, KY 40602 (502) 223-7475 rebeccaruth.com Red River Hardwoods Hardwood dimension lumber 588 Lofty Heights Road Clay City, KY 40312 Laura’s Lean Beef produces lean natur al beef raised without growth hormones or antibiotics (606) 663-0974 on an all-vegetarian diet. redriverhardwoods.com

86 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 87

Toyota Motor Manufacturing Kentucky in Georgetown manufacturers the Venza (above), along with the Camr y, Camry Hybrid, Avalon and Solara.

Red Wing Shoe Co. Leather boots 1020 Hustonville Road Danville, KY 40422 (859) 236-3150 redwingshoes.com Robert Walker Inc. Sargent & Greenleaf Trim Masters Inc. (HQ) Visumatic Industrial Products Steel reels Security locks Car seats & frame assemblies Automated fastening systems 2020 Menelaus Road 1 Security Drive 401 Enterprise Drive 856 Porter Place Berea, KY 40403 Nicholasville, KY 40356 Nicholasville, KY 40356 Lexington, KY 40508 (978) 922-9248 (859) 885-9411 (859) 887-6000 (859) 255-7907 robertwalkerinc.com sargentandgreenleaf.com 1120 Industry Road visumatic.com Rocky Top Log Square D Co. Harrodsburg, KY 40330 Webasto Roof Systems Inc. Furniture & Railing Electrical safety switches (859) 734-6000 Automotive sunroofs Log furniture & railing 1601 Mercer Road trimmasters.com 2201 Innovation Drive 8957 US Highway 27 N. Lexington, KY 40511 Unicomp Inc. Lexington, KY 40511 Lancaster, KY 40444 (859) 243-8000 Computer & office (859) 389-6126 (859) 548-2828 squared.com machine keyboards webastosunroofs.com rockytoplogfurniture.com Star Manufacturing Inc. 510 Henry Clay Blvd. Wild Turkey Distillery (HQ) RR Donnelley Metal fabricator & Lexington, KY 40504 Distilled liquor Print & binding assembly solutions (859) 233-2130 1525 Tyrone Road 3201 Lebanon Road 1200 Russell Cave Road pckeyboards.com Lawrenceburg, KY 40342 Danville, KY 40422 Lexington, KY 40505 US IOL Inc. (502) 839-4544 (859) 238-7910 (800) 563-3258 Intraocular lenses wildturkeybourbon.com rrd.com starmanufacturing.com 2500 Sandersville Road Woodford Reserve Link-Belt photo Tempur-Pedic (HQ) Lexington, KY 40511 Distillery (HQ) Mattresses (859) 259-4925 Bourbon 1713 Jaggie Fox Way usiol.com 7855 McCracken Pike Lexington, KY 40511 Wausau Paper Versailles, KY 40383 (888) 811-5053 Paper products (859) 879-1812 tempurpedic.com 1150 Industry Road woodfordreserve.com THIEL Audio Products (HQ) Harrodsburg, KY 40330 YKK Snap Fasteners America Loudspeakers (859) 734-0538 Buttons, snaps & fasteners 1026 Nandino Blvd. wausaupaper.com 302 Factory St. Lexington, KY 40511 Valentine’s Gourmet Lawrenceburg, KY 40342 (859) 254-9427 Ice Cream (HQ) (502) 839-6971 thielaudio.com Natural ice cream ykkamerica.com G Tokico Inc. 6042 Old Boonesboro Road Brake & suspension systems Winchester, KY 40391 Rebecca Ruth Candy Factor y’s 301 Mayde Road (859) 737-0040 selection includes bourbon balls, Berea, KY 40403 valentinesicecream.com a Kentucky favorite. (859) 986-2359 tokicousa.com Toyota Motor Manufacturing Kentucky Automobiles 1001 Cherry Blossom Way Georgetown, KY 40324 (502 )868-2000 toyotageorgetown.com Trane Commercial & residential air systems Link-Belt Construction 2431 Fortune Drive #110 Equipment Co. manufactures Lexington, KY 40509 telescopic and lattice boom (859) 514-7000 cranes in Lexington. trane.com

The Bluegrass: Best-Educated Workforce in Kentucky 87 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 88

ARTS & CULTURE Art Takes Many Forms Region nurtures variety of ar ts and cultural attractions

Y virtue of the above-average income and education of its residents, the BBluegrass provides a sound backdrop for arts and cultural events. The ar ea has an abundance of art galleries, museums, Harper photo Tanya theaters, craft centers, festivals, and community events. Venues for concerts and other performances in the region include Rupp Arena, which can seat 23,000 people, and the historic Lexington Opera House and Kentucky Theater, all in downtown Lexington. The Singletary Center for the Arts is located at the University of Kentucky. Another popular showcase is the Norton Center for the Arts at Centre College in Danville. Following is a sampling of attractions throughout the Bluegrass. ACTORS GUILD OF LEXINGTON Opened in 1979, the Singletary Center for 141 E. Main St. the Arts on the University of Kentucky

PhotosbyZ.com photo campus is a major cultur al resource for the Lexington, KY 40507 state with more than 400 events a year. (859) 233-7330 actorsguildoflexington.org CARNEGIE CENTER FOR LITERACY AND LEARNING Located in the Downtown Arts Center, 251 W. Second St. Actors Guild encourages and showcases Lexington, KY 40507 edgy, contemporary theater. (859) 254-4175 carnegieliteracy.org BEREA FOLK ARTS & CRAFTS 3 Artist Circle Working with a wide variety of Berea, KY 40404 businesses and organizations, the (859) 985-3000 Carnegie Center is nationally known for berea.com promoting educational programs and lifelong learning for citizens of all ages. Berea, known as the Arts and Crafts Capital of Kentucky, has three main CENTRAL KENTUCKY shopping areas that feature working YOUTH ORCHESTRAS artisan studios and retail galleries. 161 N. Mill St. Lexington, KY 40507 BLUEGRASS THEATRE GUILD (859) 254-0796 649 Charity Court ckyo.org P.O. Box 1481 Frankfort, KY 40602 One of the nation’s oldest, independently (502) 223-7529 chartered youth orchestras offers bluegrasstheatre-guild.org symphony, concert, preparatory, and jazz orchestras and a chamber ensemble for The mainstay in the capital city for mor e more than 265 students from 16 Horse Mania, the popular public art project in than 20 years offers quality productions counties and 60 area schools. Lexington, is set to return in time for the 2010 Alltech FEI World Equestrian Games. for all ages. Continued on page 90

88 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 89 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 90

ARTS & CULTURE

Continued from page 88 LEXARTS INC. Hop, ArtScene magazine, and Arts FRANCISCO’S FARM ARTS FESTIVAL ArtsPlace Showcase Weekend. AT MIDWAY COLLEGE 161 N. Mill St. LexArts officials work closely with P.O. Box 4354 Lexington, KY 40507 community leaders and local and state Midway, KY 40347 (859) 255-2951 officials concerning public funding and franciscosfarm.org lexarts.org cultural facilities. Through its annual Campaign for the Arts, LexArts raises Named for John Francisco, the original LexArts is millions of dollars in support of local arts owner of the property on which Midway greater and distributes general operating support stands, the annual outdoor exhibition of Lexington’s to its beneficiary groups, as well as juried fine art and fine craft is held at premier cultural offering competitive special project and Kentucky’s only college for women. development, programming grants to other arts advocacy, and organizations in the area. HEADLEY- WHITNEY MUSEUM fundraising LexArts operates two facilities in 4435 Old Frankfort Pike organization. downtown Lexington – ArtsPlace and Lexington, KY 40510 Jim Clark, As both the the Downtown Arts Center – providing President/CEO, area arts council high-quality performance space, galleries, (859) 255-6653 LexArts headley-whitney.org and arts fund, rehearsal space, and office space for LexArts provides a wide range of nonprofit arts organizations. At these The museum, located in one of the programs and services designed to locations, LexArts organizes visual art most beautiful settings in the Bluegrass, integrate the arts into our daily lives, exhibitions and performances is dedicated to the care, collection and including the Downtown Gallery showcasing the region’s creative talent. exhibition of decorative arts, including furniture, textiles, KENTUCKY ALLIANCE KENTUCKY ARTISAN ceramics, and jewelry. FOR ARTS EDUCATION CENTER AT BEREA 310 St. Clair St., Ste. 103-105 975 Walnut Meadow Road JAZZ ARTS FOUNDATION INC. Frankfort, KY 40601 Berea, KY 40403 P.O. Box 163 (502) 875-4266 (859) 985-5448 Lexington, KY 40588 kyartsed.org kentuckyartisancenter.ky.gov jazzartsfoundation.org Recognizing the importance of the arts as The 25,000-s.f. facility on Interstate 75 The foundation emphasizes jazz as an part of a well-rounded education, the welcomes visitors to shop for Kentucky art form by introducing and educating alliance works with multiple agencies products, experience Kentucky the public on the cultural importance and organization to bring arts education hospitality, explore Kentucky crafts and of jazz. to Kentucky students. history, enjoy Kentucky cuisine, and learn about the commonwealth.

KENTUCKY BALLET THEATRE 736 National Ave. Lexington, KY 40502 (859) 252-5245 kyballet.com Norton Center for the Arts photo

Central Kentucky’s only professional ballet company performs “The Nutcracker” and other productions at the Lexington Opera House and offers an academy and community outreach.

The Norton Center for the Arts at Centre College in Danville is one of the top performance venues in Central Kentucky.

90 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 91

KENTUCKY GUILD OF ARTIST & CRAFTSMEN 3 Artist Circle, Ste. 2 Berea, KY 40403 (859) 986-3192 Danville/Boyle County Chamber of Commerce photo kyguild.org

Comprising artists, collectors, galleries, craftsmen and others, the guild seeks to preserve and promote the heritage and the future of arts and crafts in Kentucky.

KENTUCKY THEATRE 214 E. Main St. Lexington, KY 40507 (859) 231-7924 kentuckytheatre.com Kentucky’s oldest outdoor theater is the LEXINGTON OPERA SOCIETY Pioneer Playhouse in Danville, which is P.O. Box 8463 celebrating its 60th year in 2009. The downtown Lexington landmark Lexington, KY 40533 offers classic movies, independent and lexingtonopera.com foreign films, concerts and other events. The society supports and promotes opera LEEDS CENTER FOR THE ARTS LEXINGTON BALLET in the Bluegrass and at the University of 37 N. Main St. 161 N. Mill St. Kentucky Opera Theatre. Winchester, KY 40391 Lexington, KY 40507 (859) 744-6437 (859) 233-3925 THE LEXINGTON PHILHARMONIC leedscenter.com lexingtonballet.org 161 N. Mill St. Lexington, KY 40507 Built in the early 1920s as Winchester’s Working to enrich the cultural landscape (859) 233-4226 premier movie theater, the facility is now of Central Kentucky, Lexington Ballet lexphil.org a performing arts center. offers performances and dance classics to . a variety of people of all ages. The orchestra presents more than 150 LEXINGTON ART FACTORY concerts and educational programs annually. 645 E. Main St. LEXINGTON CHILDREN’S THEATRE Lexington, KY 40508 418 W. Short St. LEXINGTON SINGERS (859) 253-0546 Lexington, KY 40507 P.O. Box 23002 lexartfactory.com (859) 254-4546 Lexington, KY 40523 lctonstage.org lexingtonsingers.org The Arts Factory provides art classes and promotes a positive atmosphere to Known as the State Children’s Theatre of Approximately 180 voices offer eight concert encourage creativity in children and Kentucky, the nonprofit organization performances and entertain hundreds of adults to foster a lifetime love of art. provides area children a venue for audiences in Kentucky and elsewhere. enjoying and learning about the art form. LEXINGTON ART LEAGUE LIVING ARTS AND SCIENCE CENTER 209 Castlewood Drive LEXINGTON OPERA HOUSE 362 N. Martin Luther King Blvd. Lexington, KY 40505 430 W. Vine St. Lexington, KY 40508 (859) 254-7024 Lexington, KY 40507 (859) 252-5222 lexingtonartleague.org (859) 233-4567 lasclex.org lexingtonoperahouse.com Lexington’s oldest and largest visual arts The center offers art and science organization is committed to educational The restored landmark, with ornate displays, special events, and projects and and exhibition initiatives for artists, patrons gilded box seating and two balconies, programs to help special needs, at-risk and the public. Events include the popular hosts numerous events, including the youth, and the under served assimilate Woodland Art Fair. popular “Broadway Live” series. art education into their lives.

The Bluegrass: Best-Educated Workforce in Kentucky 91 2009 Market Review 84-92.qk:2004 Market Review 1-24.qk 9/28/09 9:19 PM Page 92

ARTS & CULTURE Georgetown/ScottTourism County Commission photo STUDIO PLAYERS Carriage House Theatre 154 W. Bell Court Lexington, KY 40502 (859) 231-7572 studioplayers.org

Studio Players is an all-volunteer community organization founded in 1953.

THOROUGHBRED THEATRE 127 E. Main St. Midway, KY 40347 (859) 846-9827 thoroughbredtheatre.com

The historic theater offers a variety of performances, as well as public and private events.

UNIVERSITY OF KENTUCKY ART MUSEUM Singletary Center for the Arts NORTON CENTER FOR THE ARTS Yuko-En on the Elkhorn is a Japanese-style Rose St. and Euclid Ave. stroll garden located in Geor getown, Centre College Lexington, KY 40506 600 W. Walnut St. home to the countr y's largest Toyota manufacturing plant. (859) 257-5716 Danville, KY 40422 uky.edu/artmuseum (859) 236-4692 centre.edu/nc Traveling exhibits combine with a permanent collection of European and The Norton Center is recognized ROSE BARN THEATRE American paintings, sculptures, prints, internationally as a premier performing AT BATTLEFIELD PARK drawings, photographs, and decorative arts. arts center. P.O. Box 66 Richmond, KY 40475 WOODFORD COUNTY THEATER PIONEER PLAYHOUSE (859) 893-7778 275 Beasley Drive 840 Stanford Road rosebarntheater.org Versailles, KY 40383 Danville, KY 40422 (859) 873-0648 (859) 236-2747 Richmond-area theater has a permanent woodfordcountytheater.com pioneerplayhouse.com home in an old tobacco bar n on the grounds of the Madison County The association is dedicated to providing Kentucky’s oldest outdoor theater offers Battlefield Park. quality community theater from its location five shows each summer with dinner at the Falling Springs recreational facility. before each performance. Alumni include SINGLETARY CENTER John Travolta, Lee Majors, Bo Hopkins, FOR THE ARTS YUKO-EN ON THE ELKHORN, and Jim Varney. Rose St. and Euclid Ave. THE OFFICIAL KENTUCKY-JAPAN Lexington, KY 40506 FRIENDSHIP GARDEN RICHMOND AREA ARTS COUNCIL (859) 257-1706 U.S. 25 N. 399 W. Water St. uky.edu/SCFA Georgetown, KY 40324 Richmond, KY 40475 (502) 316-4554 (859) 624-4242 Part of the University of Kentucky yuko-en.com artsinrichmond.org College of Fine Arts, the Singletar y Center showcases the best in art, Bluegrass landscape meets Japanese-style The council offers performing and visual entertainment and educational stroll garden in one of the nation’s largest art programs for residents of all ages. opportunities. Japanese gardens.G

92 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:38 PM Page 93 StatisticalStatistical DataData on the 17 Counties of the Bluegr ass Area Development District 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:38 PM Page 94

FAYETTE COUNTY Lexington Prepares to Welcome the World to the Bluegrass in 2010 Jeff Rogers photo ISITORS and newcomers land- ing at Lexington’s Blue Grass LEXINGTON VAirport receive an unbelievable view of Fayette County’s signature fea- tures that include gently rolling coun- COMMERCE LEXINGTON INC. tryside filled with well-manicured THE GREATER LEXINGTON CHAMBER OF COMMERCE horse farms. The area is abuzz with Robert L. Quick, President/CEO activity as Lexington, known as the 330 E. Main St., Suite 100 Horse Capital of the World, prepares Lexington, KY 40507 to host the Alltech 2010 FEI World (859) 254-4447 Equestrian Games at the Kentucky [email protected] Horse Park. The prestigious event, commercelexington.com which is being held outside of Eur ope for the first time, will give hundr eds of COUNTY SEAT thousands of visitors from around the LEXINGTON Jim Newberry, Mayor world the opportunity to take in all 200 E. Main St. that the city has to offer. Lexington, KY 40507 Fayette County, which is home to The statue of 19th centur y statesman (859) 258-3100 hundreds of farms that produce many John C. Breckenridge is a fixture among [email protected] breeds of horses, is the center of the the tall buildings of downtown Lexington. lexingtonky.gov world’s Thoroughbred breeding indus- try. Keeneland, the scenic racecourse across from the airport, holds four annual Thor- Jim Newberry oughbred sales that attract buyers from around the world and bring in hundr eds of Jim Gray, millions of dollars for the Kentucky economy. Vice Mayor Lexington also is known for its diverse economy, strong workforce, quality educa- 200 E. Main St. tion system, great healthcare, wide range of higher-education options led by the Uni- Lexington, KY 40507 versity of Kentucky and Transylvania University, and, of course, big-time college bas- (859) 258-3202 [email protected] ketball. Major employers include the University of Kentucky, Toyota Motor Manufac- lexingtonky.gov turing Kentucky (located in neighboring Scott County), Fayette County Public Schools, Lexmark International and St. Joseph Hospital. Fayette County offers easy access to points in all dir ections via airport and interstate. Jim Gray With a unique blend of histor y, culture, and an eye on the futur e, Lexington continues to be highly rated for its quality of life and business and economic climate. G FAYETTE COUNTY JUDGE-EXECUTIVE Sandra Varellas POPULATION TRENDS PERSONAL INCOME 167 W. Main St., Suite 1310 2001 ...... $32,080 Lexington, KY 40507 2006...... $37,828 (859) 255-1790 Percentage change ...... +15.9 [email protected] MEDIAN AGE FAYETTE COUNTY CLERK 36.1 Don Blevins Jr. 162 E. Main St., Room 131 TOP FIVE MANUFACTURING/ Lexington, KY 40507 SUPPORTIVE SERVICES EMPLOYERS (859) 253-3344 BY NUMBER OF EMPLOYEES [email protected] Lexmark International Inc...... 3,130 fayettecountyclerk.com HOUSEHOLDS ACS ...... 1,850 Number of households ...... 117,309 L-3 Communications...... 1,412 Persons per household ...... 2.24 Trane Co...... 1,300 Median household income...... $51,437 Amazon...... 950

94 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 95

FAYETTE COUNTY

Lexington-Fayette Urban County Government (859) 258-3000 • LexCall Centr alized Service and Information Call Center (859) 425-CALL • lexingtonky.gov

Andrea James Tom Blues Diane Lawless Julian Beard Cheryl Blanton Feigel Kevin Stinnett District 1 District 2 District 3 District 4 District 5 District 6 Council Member Council Member Council Member Council Member Council Member Council Member (859) 258-3216 (859) 258-3200 (859) 258-3222 (859) 258-3200 (859) 258-3200 (859) 258-3225 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]

K.C. Crosbie George Myers Jay McChord Doug Martin Peggy Henson Ed Lane District 7 District 8 District 9 District 10 District 11 District 12 Council Member Council Member Council Member Council Member Council Member Council Member (859) 258-3200 (859) 258-3203 (859) 258-3215 (859) 258-3200 (859) 258-3218 (859) 258-3221 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]

Chuck Ellinger II Linda Gorton Robert G. Hendricks, Ronnie Bastin Cheryl A. Taylor Bill O’Mara Council Member Council Member Chief Chief of Police Commissioner of Acting Commissioner At Large At Large Division of Fire and (859) 258-3600 Environmental Quality of Finance and (859) 258-3212 (859) 258-3200 Emergency Services policechief@ Administration [email protected] [email protected] (859) 231-5600 lexingtonky.gov lfucg.com/lexfire

Kimra Cole Logan Askew Mike Webb Marlene Helm Commissioner of Commissioner Commissioner of Commissioner of General Services of Law Public Works Social Services and Development

The Bluegrass: Best-Educated Workforce in Kentucky 95 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 96

ANDERSON COUNTY Resources Enable Anderson to Offer Taste of Kentucky Lovers Leap Winery photo LoversWinery Leap NDERSON County and its fast-growing LAWRENCEBURG Acounty seat of Lawrenceburg are close to Lexington, to the state cap- CHAMBER OF COMMERCE ital of Frankfort and to Catherine Myers, Executive Director Louisville. The county con- 100 N. Main St., Suite 213 Lawrenceburg, KY 40342 tributes a large number of (502) 839-5564 employees to the state lawrenceburgky.org workforce. Median income in the COUNTY SEAT county continues to rise as LAWRENCEBURG manufacturing remains a Edwinna Baker, major industry. Meanwhile, Mayor agriculture is still a strong 100 N. Main St. Lovers Leap Winery in nor thern Anderson County is source of revenue. Burley Lawrenceburg, Kentucky’s largest producing vineyard and has received tobacco, livestock and KY 40342 national recognition. (502) 839-5372 deposits of sand, gravel and lawrenceburgky.org/ limestone add to the local economy. Edwinna Baker Local_Govt.html Taking advantage of the Kentucky and Salt rivers and Beaver Lake, Anderson County offers an abundance of recreational water activities. The waterways serve as ANDERSON COUNTY excellent resources for Wild Turkey and Four Roses distilleries, two of the best- JUDGE-EXECUTIVE known bourbon producers in the world. The county also is home to the state’ s largest Steve Cornish vineyard, Lovers Leap Vineyard & Winery, which is recognized nationally for its 137 S. Main St., products, and to Kentucky Gentlemen Cigar Co., which pr oduces world-renown Lawrenceburg, hand-rolled cigars. KY 40342 The quaint, historic community of Lawrenceburg hosts a variety of events that (502) 839-3471 judgestevecornish@ bring in thousands of visitors during the year. They include the Lawrenceburg Fair & nich.twbc.com Horse Show, Highway 127 Corridor Yard Sale, and the Anderson County Bur goo Fes- tival. Another favorite attraction is Young’s High Bridge, which is over the Kentucky River at Tyrone and is one of the tallest and oldest railr oad bridges still standing. Steve Cornish Lawrenceburg also will be home to the Healing Field of Kentucky, a living tribute to Kentucky’s servicemen and women who have fallen in the fight against terr orism. G ANDERSON COUNTY CLERK Jason Denny POPULATION TRENDS PERSONAL INCOME 151 S. Main St. 2001...... $24,059 Lawrenceburg, KY 40342 2006...... $27,036 (502) 839-3041 Percentage change ...... +12.4 lawrenceburgky.org/Local_Govt.html MEDIAN AGE 37.7

TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS BY NUMBER OF EMPLOYEES General Cable ...... 339 HOUSEHOLDS YKK Snap Fasteners...... 200 Number of households ...... 8,472 Florida Tile Industries Inc...... 165 Persons per household ...... 2.51 Wild Turkey Distillery...... 94 Median household income...... $55,192 Anderson Packaging ...... 70

96 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 97

BOURBON COUNTY Paris Takes Pride With History, Horses, Hospitality GRICULTURE played a major role in forming PARIS ABourbon County in 1786 and continues to have a Bob Lanham photo prominent place in the county’s PARIS-BOURBON COUNTY economy. Farmers once used CHAMBER OF COMMERCE surplus corn and grains to Lucy Cooper, Executive Director manufacture the world-famous 720 High St., Suite 114 amber liquor that takes its Paris, KY 40361 name from the county but iron- (859) 987-3205 ically is no longer produced [email protected] Duncan Tavern in Paris was built in 1788, four there. Rich timberland, ample parisky.org years before Kentucky became a state, and was springs and creeks, and fertile a gathering place for local citizens and pioneers. soil for years have contributed PARIS-BOURBON COUNTY ECONOMIC DEVELOPMENT to the production of some of AUTHORITY the world’s finest Thoroughbreds. Bourbon County maintains that distinction today Craig McAnelly, Executive Director while being home to many other br eeds of horses. 525 High St., Suite 117 The county seat of Paris is located 15 miles northeast of Lexington and prides Paris, KY 40361 itself on history, horses and hospitality. Visitors enjoy a revitalized downtown with (859) 987-3705 shops and restaurants; historic sites, such as Cane Ridge Meeting House and Duncan [email protected] Tavern; the Colville Covered Bridge, one of only 13 cover ed bridges remaining in the state; and the final resting place of the county’s most famous resident, 1973 Triple COUNTY SEAT PARIS Crown winner Secretariat, at Claiborne Farm. Michael J. Thornton, Horses and tobacco remained strong influences in Bourbon County during much Mayor of the 20th century, but now industry challenges agriculture as a major source of 525 High St. income. Since , the highway between Lexington and Paris, was widened, Paris, KY 40361 more manufacturers have located or expanded in the county, creating jobs and result- (859) 987-2110 ing in millions of dollars in investment. mthornton@ Excellence in public education has been a priority for Bourbon County. One of paris.ky.gov Michael J. Thornton the largest educational funds for disadvantaged children in the state, the Garth Fund, paris.ky.gov was established in a bequest to the county. Throughout the years, private male and female colleges and institutes have been a part of the county, which also pioneered BOURBON COUNTY JUDGE-EXECUTIVE night school programs and quality education for black students. G Donnie Foley Courthouse POPULATION TRENDS PERSONAL INCOME 301 Main St., 2001 ...... $27,176 Room 203 2006 ...... $31,732 Paris, KY 40361 Percentage change ...... +16.8 (859) 987-2135 MEDIAN AGE bocojudgeexec@ 39.7 yahoo.com bourbonky.com/ TOP FIVE MANUFACTURING/ government.htm Donnie Foley SUPPORTIVE SERVICES EMPLOYERS BY NUMBER OF EMPLOYEES BOURBON COUNTY CLERK CMWA...... 475 Richard Stipp Eads Monessen Hearth Systems ...... 275 P.O. Box 312 HOUSEHOLDS Mallinckrodt-Baker Inc...... 250 Paris, KY 40361 Number of households...... 8,116 Southeastern Kentucky (859) 987-2142 Persons per household ...... 2.44 Rehabilitation Industries Inc...... 92 [email protected] Median household income...... $43,021 Enova Premiere of Kentucky LLC ...... 91 bourboncountyclerk.ky.gov

The Bluegrass: Best-Educated Workforce in Kentucky 97 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 98

BOYLE COUNTY Centre College Among Amenities in ‘City of Firsts’ Centre College photo ANVILLE, the DANVILLE county seat of DBoyle County, began in 1782 as Crow’s Station and soon started to DANVILLE/BOYLE earn a reputation as the CHAMBER OF COMMERCE Paula Fowler, IOM, Executive Director “City of Firsts.” Kentucky’s 304 S. Fourth St., Suite 102 first constitution was draft- Danville, KY 40422 ed at Constitution Square (859) 236-2361 in Danville, where Dr. Fax: (859) 236-3197 Ephraim McDowell per- [email protected] formed the world’s first danvilleboylechamber.com successful abdominal sur- gery. Danville claims the Danville is home to Centre College, an independent DANVILLE/BOYLE COUNTY first courthouse in Ken- liberal arts institution that Forbes Magazine in 2009 ECONOMIC DEVELOPMENT ranked the 14th best college in the countr y. PARTNERSHIP tucky and the first post Jody A. Lassiter, President/CEO office and college campus 304 S. Fourth St., Suite 201 west of the Allegheny Mountains. The first state-supported school for the deaf is Danville, KY 40422 located in Danville, which also pioneered a private black school in 1881. (859) 236-2805 Tourism is an important industry in the county. The seemingly pristine country- [email protected] side at Perryville is site of one of the fier cest battles of the Civil War. The presence of dbcedp.com the battlefield, coupled with historic Merchants’ Row and an antebellum commercial district, makes Perryville the ideal place to study 19th-centur y military and civilian COUNTY SEAT life. A drive through Kentucky’s unique Knobs region leads to Penn’s Store, listed as DANVILLE the oldest country store in America still in operation by the same family. Hugh Coomer, Mayor In Danville, the Norton Center for the Arts on the campus of Centr e College P.O. Box 670 offers a variety of big-name entertainment. Founded in 1819, Centr e is a prestigious Danville, KY 40423 liberal arts college that has produced two vice presidents and other successful people. (859) 238-1200 Agriculture played a major role in Boyle County’s development and continues to [email protected] impact the economy, while the area is home to several well-known manufactur ers. danvilleky.org Residents include farmers, entrepreneurs, college professors, business people and Hugh Coomer medical providers, as well as a booming population of seniors who moved ther e to BOYLE COUNTY retire and offer their considerable talents in myriad volunteer pr ojects. G JUDGE-EXECUTIVE Harold McKinney Boyle County POPULATION TRENDS PERSONAL INCOME Courthouse 2001...... $24,334 321 W. Main St., 2006 ...... $26,932 Suite 111 Percentage change ...... +10.7 Danville, KY 40422 (859) 238-1100 MEDIAN AGE Harold McKinney hmckinney@ 38.7 boyleky.com TOP FIVE MANUFACTURING/ boyleky.com SUPPORTIVE SERVICES EMPLOYERS BY NUMBER OF EMPLOYEES BOYLE COUNTY CLERK RR Donnelley...... 900 Trille Bottom HOUSEHOLDS American Greetings...... 691 Boyle County Cour thouse Number of households ...... 11,277 FKI Logistex...... 290 321 W. Main St., Suite 123 Persons per household ...... 2.32 Pliant Corporation ...... 269 Danville, KY 40422 Median household income...... $43,306 Dana Corporation ...... 240 (859) 238-1110

98 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 99

CLARK COUNTY Clark County at Crossroads of Commerce in Bluegrass LARK County offers a choice WINCHESTER Clocation in Cen- tral Kentucky. The county on the eastern side of the WINCHESTER-CLARK COUNTY Bluegrass region is within CHAMBER OF COMMERCE 100 miles of three major Karen Haley, President/CEO metropolitan cities and 2 S. Maple St. three international air- Winchester, KY 40391 ports and is within a half- (859) 744-6420 mile of a major interstate. winchesterkychamber.com Winchester/Clark County Tourism Commission photo Winchester/Clark County Tourism Located just 20 minutes southeast of Lexington is WINCHESTER-CLARK COUNTY INDUSTRIAL DEVELOPMENT the county seat of Win- One of Winchester’s historic homes is Holly Rood, a AUTHORITY chester, where communi- noted example of Federal-style architecture that was built Todd Denham, Director by James Clark, 12th governor of Kentucky, in 1814. ty leaders are working to 2 S. Maple St. shape their future in Winchester, KY 40391 expanded infrastructure, industrial and retail development, education and recreation. (859) 744-5627 Fertile land along the Red River, limestone cliffs above the Kentucky River and winchesterky.com/industrial rolling pastures throughout Clark County have contributed to an agricultural histor y with livestock and tobacco as major components. Since it was completed in the COUNTY SEAT 1960s, the junction of the Mountain Parkway and Interstate 64 outside the county WINCHESTER Ed Burtner, Mayor seat of Winchester has generated economic development in the ar ea. Easy access to City Hall more than 50 institutions of higher lear ning has helped to create a well-trained work- 32 Wall St. force in the county, while other business incentives include low-cost ener gy. Winchester, KY 40391 Winchester welcomes visitors on a regular basis to tour its historic downtown and (859) 744-2821 to other sites such as Fort Boonesbor ough State Park (actually in neighboring Madi- eburtner@ son County), Daniel Boone National Forest, Bluegrass Heritage Museum, Civil War winchesterky.com Fort at Boonesboro and Lower Howards Creek Nature and Heritage Preserve. Win- winchesterky.com/city/ chester also is home to Ale-8-One, the soft drink unique to Kentucky that has been government.html manufactured by the same family since 1926 and has fans thr oughout the country Ed Burtner and the world. G CLARK COUNTY JUDGE-EXECUTIVE Henry Branham Courthouse POPULATION TRENDS PERSONAL INCOME 34 S. Main St., Rm. 103 2001 ...... $25,992 Winchester, KY 40391 2006...... $29,972 (859) 745-0200 Percentage change ...... +14.9 clarkcountyjudge@ yahoo.com MEDIAN AGE winchesterky.com/city/ Henry Branham 38.8 government.html

TOP FIVE MANUFACTURING/ CLARK COUNTY CLERK SUPPORTIVE SERVICES EMPLOYERS Anita S. Jones BY NUMBER OF EMPLOYEES Courthouse EDS, an HP Company ...... 525 34 S. Main S. HOUSEHOLDS Niles America Wintech Inc...... 410 Winchester, KY 40391 Number of households...... 14,952 Leggett & Platt Inc...... 345 (859) 745-0280 Persons per household ...... 2.38 Catalent Pharma Solutions ...... 340 [email protected] Median household income...... $49,923 Infiltrator Systems Inc...... 122 winchesterky.com/city/government.html

The Bluegrass: Best-Educated Workforce in Kentucky 99 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 100

FRANKLIN COUNTY Seat of State Government Is Magnet for Business Activity Commonwealth of Kentucky photo HE centerpiece of Franklin County, Frankfort has a long FRANKFORT Tand rich history in economic development while it has served as Kentucky’s capital. In 1792, suc- FRANKFORT AREA cessful negotiations and an incen- CHAMBER OF COMMERCE tive deal secured the location of the Carmen Inman, Executive Director 100 Capital Ave. Capitol in the city, which is nestled Frankfort, KY 40601 in the scenic Kentucky River valley. (502) 223-8261 Today, Frankfort enjoys a broad [email protected] diversity of resources that supports frankfortky.info successful economic development efforts. They include sustainable CAPITAL COMMUNITY existing business growth and ECONOMIC/INDUSTRIAL expansion, new business attraction, DEVELOPMENT AUTHORITY creation of new businesses, and Phillip A. Kerrick, Executive Director tourism. Educational opportunities 109 Consumer Lane Completed in 1910, the State Capitol in include Kentucky State University, Frankfort, KY 40601 Frankfort features massive marble stairways which was founded in 1886, and (502) 226-5611 modeled after the Paris Grand Opera House. [email protected] several nearby technical schools. cceida.com Frankfort is filled with magnificent homes, historic landmarks, museums and other areas of interest. Attractions include the Governor’s Mansion, Kentucky State Capitol, COUNTY SEAT/STATE CAPITAL Thomas D. Clark Center for Kentucky Histor y, Buffalo Trace Distillery and Frank Lloyd FRANKFORT Wright’s Zeigler House, along with the Old Gover nor’s Mansion and the Old State Capital. H. Gippy Graham, Legendary pioneer Daniel Boone and his wife, Rebecca, ar e among the noted Kentuckians Mayor buried at the Frankfort Cemetery overlooking the Kentucky River. 315 W. 2nd S. Frankfort, KY 40602 Located 25 miles west of Lexington and 50 miles east of Louisville, Frankfort (502) 875-8500 offers easy access to major interstates and airports and other amenities of the bigger ggraham@ metropolitan areas of Lexington and Louisville while Frankfort r etains a small-town frankfort.ky.gov sense of community. Home to more than 1,100 businesses, including 35 manufactur- frankfort.ky.gov ing, assembly and distribution companies, Frankfort has been named one of the most livable small cities with such attributes as gener ous hospitality, affordable hous- H. Gippy Graham ing and low cost of living. G FRANKLIN COUNTY JUDGE-EXECUTIVE POPULATION TRENDS PERSONAL INCOME Ted Collins 2001 ...... $27,316 315 W. Main St., 2006...... $32,272 Room 302 Percentage change ...... +18.1 Frankfort, KY 40601 (502) 875-8751 MEDIAN AGE [email protected] 39.9 franklincounty.ky.gov TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS Ted Collins BY NUMBER OF EMPLOYEES FRANKLIN COUNTY CLERK Montaplast of Nor th America...... 927 Guy R. Zeigler HOUSEHOLDS Topy Corp...... 305 315 W. Main St. Number of households ...... $21,102 Buffalo Trace ...... 270 Frankfort, KY 40601 Persons per household ...... 2.20 Jim Beam Brands Co...... 226 (502) 875-8702 Median household income...... $49,615 GECOM Corp...... 200

100 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 101

JESSAMINE COUNTY Noted Companies Help County Establish Identity All Its Own NICHOLASVILLE NCE consid- ered a bed-

Alltech photo Oroom commu- nity for Lexington, Jes- samine County has emerged as attractive JESSAMINE COUNTY CHAMBER OF COMMERCE places both to live and Nancy Stone, Executive Director to work, and it is the 508 N. Main St., Suite A seventh fastest-growing Nicholasville, KY 40356 county in Kentucky. (859) 887-4351 While the county is [email protected] known for its rural jessaminechamber.com beauty, music heritage and historical signifi- JESSAMINE COUNTY Alltech, a leading animal health company with operations cance, it has affordable JOINT ECONOMIC DEVELOPMENT AUTHORITY in more than 80 countr ies, has its world headquarters in housing with elbow Jessamine County. Wayne Foster, President room, excellent schools, 212 N. Main St. bountiful recreational Nicholasville, KY 40356 opportunities and unique shopping and dining venues. The ar ea and the county seat (859) 887-8770 of Nicholasville offer a scenic countryside and a degree of seclusion, yet are easily [email protected] accessible to major roadways, airports and big-city amenities. jessamineco.com Jessamine County is home to Alltech, one of the leading animal health companies in the world with operations in more than 80 countries. Alltech is sponsoring the 2010 COUNTY SEAT FEI World Equestrian Games, which is estimated to attract hundreds of thousands of NICHOLASVILLE Russ Meyer, Mayor people to the Bluegrass. Another prominent business based in Jessamine is the R.J. Cor- 517 N. Main St. man Railroad Group, which provides an array of services to the rail industry. Nicholasville, In addition to bed-and-breakfast inns, antique stores, wineries and horse farms, KY 40356 Jessamine’s attractions include Camp Nelson National Cemetery; High Bridge Park, (859) 885-1121 which overlooks one of the highest railr oad bridges in the world; Kentucky River Pal- info@ isades; and the , the oldest continuing ferry operation in the state. nicholasville.org Elsewhere in the county is the charming community of W ilmore, home to Asbury nicholasville.org Russ Meyer College and to Asbury Theological Seminary. Both attract students from around the United States and the world. G JESSAMINE COUNTY JUDGE-EXECUTIVE William Neal Cassity POPULATION TRENDS PERSONAL INCOME Courthouse 2001 ...... $25,391 101 N. Main St. 2006...... $27,802 Nicholasville, Percentage change ...... +9.5 KY 40356 (859) 885-4500 MEDIAN AGE ncassity@ 34.5 jessamineco.com jessamineco.com TOP FIVE MANUFACTURING/ William Neal Cassity SUPPORTIVE SERVICES EMPLOYERS BY NUMBER OF EMPLOYEES McLane Cumberland ...... 620 JESSAMINE COUNTY CLERK Eva L. McDaniel HOUSEHOLDS Trim Masters Inc...... 379 101 N. Main St. Number of households ...... 17,734 Alltech Inc...... 250 Nicholasville, KY 40356 Persons per household ...... 2.53 Donaldson Co. Inc...... 250 (859) 885-4821 Median household income ...... $49,580 McKechnie Vehicle Components ...... 240 [email protected]

The Bluegrass: Best-Educated Workforce in Kentucky 101 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 102

MADISON COUNTY Education One of Many Reasons for Growing Interest in Madison HE thriving city Staff photo

RICHMOND of Richmond, Tlocated south of Lexington on Interstate 75, is helping to make RICHMOND CHAMBER Madison County one of OF COMMERCE Mendi Goble, Executive Director the fastest-growing 201 E. Main St. areas of Kentucky. Richmond, KY 40475 Home to Eastern Ken- (859) 623-1720 tucky University, which [email protected] has an annual enroll- richmondchamber.com ment of more than 15,000 students, and an Following an $11 million renovation, the 100-year-old RICHMOND INDUSTRIAL ever-expanding indus- Boone Tavern in Berea is Kentucky’s first Leadership in DEVELOPMENT CORP. trial and retail base, Energy and Environmental Design (LEED)-certified hotel. James Howard, Executive Director Richmond is Kentucky’s 239 W. Main St., P.O. Box 250 sixth-largest city. Richmond, KY 40476 Madison County, which leads into the foothills of Appalachia, was named in (859) 623-1000 1785 for future President James Madison of Virginia, and the county seat of Rich- [email protected] mond also took its name from Virginia. Daniel Boone and the Transylvania Company richmond-industrial.org arrived in the early 1770s and established Boonesbor ough. The Clay family, includ- ing Gen. Green Clay, a member of the Madison County court for 40 years, and his COUNTY SEAT son, Cassius Marcellus Clay, a fiery critic of slavery and later ambassador to Russia RICHMOND during the Civil War, dominated the area during the next half centur y. White Hall Connie Lawson, State Historic Site, Cassius Clay’s beautifully restored home, is open to the public. Mayor The county is home to Berea, known as the capital of artisan crafts in Kentucky. 239 W. Main St. Richmond, KY 40476 Berea also is home to Berea College, which was founded in 1855 as the South’s first (859) 661-0285 interracial and coeducational college. The college char ges no tuition and admits only clawson@ academically promising students, primarily from Appalachia, who have limited eco- richmond.ky.us nomic resources. Students work at least 10 hours a week in campus and ser vice jobs Connie Lawson richmond.ky.us in more than 130 departments. Berea builds upon its distinctive histor y while pro- moting kinship among people, serving communities in Appalachia and beyond, and MADISON COUNTY living sustainably to conserve limited natural resources. G JUDGE-EXECUTIVE Kent Clark Courthouse POPULATION TRENDS PERSONAL INCOME 101 W. Main St. 2001...... $20,279 Richmond, KY 40475 2006 ...... $23,643 (859) 624-4700 Percentage change ...... +16.6 francette.durbin@ MEDIAN AGE madisoncountyky.us 32.4 madisoncountyky.us

Kent Clark TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS MADISON COUNTY CLERK BY NUMBER OF EMPLOYEES Billy Gabbard EnerSys Inc...... 380 101 W. Main St., Suite 7 HOUSEHOLDS Okonite Co...... 300 Richmond, KY 40475 Number of households ...... 28,588 Richmond Auto Parts Technology.....276 (859) 624-4706 Persons per household ...... 2.64 Mikron Industries Inc...... 200 [email protected] Median household income ...... $40,693 AFG Indurstries Inc...... 170

102 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 103

MERCER COUNTY County Has Movers and Shakers of Past and Present N 1774, Harrodsburg became the first per- HARRODSBURG Imanent English settle- ment west of the Allegheny Mountains, MERCER COUNTY and since 1785 it has CHAMBER OF COMMERCE been the county seat of Brenda Sexton, Executive Director Mercer County. Early set- 488 Price Ave. tlers were aided in their Harrodsburg, KY 40330 success by excellent soil (859) 734-2365 that produced an abun- [email protected]

Harrodsburg/Mercer County Tourism Commission photo County Tourism Harrodsburg/Mercer dance of crops and live- mercerchamber.com Old Fort Harrod State Park, which has a full-scale stock and by access to the replica of the first permanent settlement built west Kentucky, Dix and Salt HARRODSBURG-MERCER COUNTY of Alleghenies, is a popular Harrodsburg attraction. INDUSTRIAL DEVELOPMENT rivers. Today, cattle, hors- AUTHORITY es and tobacco are the largest segments of the farming community, while the manu- Bob Williams, Executive Director (Interim) facturing sector is the leader in employment. 488 Price Ave., Suite 4 In 1986, community leaders initiated Harrodsburg First to implement and admin- Harrodsburg, KY 40330 ister a comprehensive downtown revitalization program. Each year, Harrodsburg First (859) 734-0063 sponsors a number of free events to promote downtown and bring awareness to [email protected] preservation issues that influence and increase revenue and shopping. Local attrac- mercerkybusiness.com tions include Old Fort Harrod State Park, which has a full-scale r eplica of the fort built by James Harrod in 1774. COUNTY SEAT HARRODSBURG Mercer County also is home to Herrington Lake, which was cr eated in 1925 to Lonnie Campbell, power an electric generation plant and today is a popular r ecreational area, and Shak- Mayor er Village at Pleasant Hill, America’s largest restored Shaker Community with 2,900 208 S. Main St. acres of bluegrass and 34 restored buildings. The distinct music, art, crafts and fur ni- Harrodsburg, ture illustrate the bygone lifestyle of the Shakers, whose talents still seeps into the KY 40330 character of the county. (859) 734-7705 While recognizing their county’s rich history, residents also have worked on their cohburg@ public education system. The new Mercer County Senior High School opened in bellsouth.net December 2008. Students also have easy access to Centr e College in nearby Danville harrodsburgcity.org Lonnie Campbell and the University of Kentucky, some 33 miles northeast in Lexington. G MERCER COUNTY JUDGE-EXECUTIVE POPULATION TRENDS PERSONAL INCOME John D.Trisler 2001 ...... $22,361 Fiscal Court Building 2006 ...... $25,371 134 S. Main St. Percentage change ...... +13.5 Harrodsburg, KY 40330 MEDIAN AGE (859) 734-6300 40 [email protected] John D. Trisler mercercounty.ky.gov TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS MERCER COUNTY CLERK BY NUMBER OF EMPLOYEES Chris Horn Hitachi Automotive Products USA..737 Mercer County Cour thouse Annex HOUSEHOLDS Wausau Paper...... 460 P.O. Box 426 Number of households ...... 9,047 Corning Display Technologies...... 420 Harrodsburg, KY 40330 Persons per household ...... 2.43 Trim Masters Inc...... 319 (859) 734-6310 Median household income...... $43,672 Modine Climate Systems Inc...... 175 [email protected]

The Bluegrass: Best-Educated Workforce in Kentucky 103 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 104

SCOTT COUNTY Scott Has New and Old Reasons for Growth OCATED on Inter- Georgetown/ScottTourism County Commission photo state 75 and near GEORGETOWN LI-64, Scott County attracts industry and visi- tors alike for many rea- GEORGETOWN/SCOTT COUNTY sons. The county seat of CHAMBER OF COMMERCE Jack Conner, Executive Director Georgetown features ele- 160 E. Main St. gant historic homes and Georgetown, KY 40324 a well-preserved down- (502) 863-5424 town with antique shops [email protected] and other establishments, gtown.org while horse farms fill the surrounding area. The SCOTT COUNTY UNITED Kentucky Horse Park a Jack Conner, Director few miles away in 160 E. Main St. Fayette County will hold Georgetown, KY 40324 Enthusiasts of classic cars and hot rods visit downtown the Alltech 2010 FEI (502) 863-3248 Georgetown, which is the heart of Scott County. [email protected] World Equestrian gtown.org/scottunited.asp Games, and many of the thousands of visitors fr om around the world are certain to take up residence in Scott County. COUNTY SEAT One of two counties established by Kentucky’s first legislature in 1792, Scott GEORGETOWN County has such attractions as Old Friends Farm for Retir ed Thoroughbreds, home to Karen Tingle-Sames, many successful racehorses, and to Ward Hall, a mansion built in 1853 that is con- Mayor sidered one of the finest examples of Gr eek Revival architecture in the South. 100 Court St. In Georgetown, Georgetown College was founded in 1787 as the first Baptist col- Georgetown, KY lege west of the Alleghenies and was one of the first institutions in the South to grant 40324 degrees to women. Today, the college with its own successful sports program is the (502) 863-9800 karen.tinglesames@ site of the Cincinnati Bengals’ Summer Training Camp. Karen Tingle-Sames georgetownky.gov The future of Scott County – and that of Central Kentucky – was considerably georgetown-kentucky.com bolstered in 1987 with the opening of Toyota Motor Manufacturing Kentucky. The operation, the largest Toyota production facility outside of Japan, has been the cata- SCOTT COUNTY lyst for an expanded airstrip, hundreds of other businesses, and more than 20,000 JUDGE-EXECUTIVE jobs in Georgetown and across the state. G George Lusby 101 E. Main St. POPULATION TRENDS PERSONAL INCOME P.O. Box 973 2001...... $27,900 Georgetown, KY 2006...... $30,523 40324 Percentage change ...... +9.4 (502) 863-7850 [email protected] MEDIAN AGE scottky.com 33.7

George Lusby TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS SCOTT COUNTY CLERK BY NUMBER OF EMPLOYEES Jackie Covington Toyota Motor 101 East Main Street #101 Manufacturing Kentucky...... 7,000 Georgetown, KY 40324 HOUSEHOLDS Johnson Controls Inc...... 570 (502) 863-7875 Number of households ...... 15,800 Toyota Tsusho America Inc...... 356 Persons per household ...... 2.71 Louisville Forge & Gear Works...... 320 Median household income...... $61,230 Orbis Material Handling ...... 120

104 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 105

WOODFORD COUNTY Unrivaled Scenery, Opportunity Are Minutes from Lexington VERSAILLES HE beauty and unique quali- Tties of the Blue-

Lane’s End photo Lane’s grass are best illustrat- ed by a drive in WOODFORD COUNTY Woodford County CHAMBER OF COMMERCE along Old Frankfort Tami Vater, Executive Director Pike, a 15-mile jour- 141 N. Main St. ney through some of Versailles, KY 40383 the most spectacular (859) 873-5122 and famous horse [email protected] farms in the world. woodfordchamber-ky.com Throughout the coun- ty are historic homes, VERSAILLES/WOODFORD COUNTY ECONOMIC DEVELOPMENT One of Central Kentucky’s world-famous Thoroughbred antique malls, abun- operations is Lane’s End, which covers approximately 2,000 AUTHORITY OFFICE dant agriculture and acres in scenic Woodford County. Tami Vater, Executive Director an array of opportuni- 141 N. Main St. ties. Its location near , Interstate 64 and Bluegrass Parkway makes Versailles, KY 40383 traveling to and from the area quite easy. (859) 873-5122 The county seat of Versailles, located 13 miles west of Lexington, is pr onounced [email protected] “Vur-sales” – not like its namesake city in France. Versailles has some of the most woodfordcountyinfo.com architecturally astounding old homes in Kentucky, including that of Capt. John “Jack” Jouett, known as “Paul Revere of the South” for his her oic efforts during the Revolu- COUNTY SEAT VERSAILLES tionary War. Other favorite stops in the county include the Bluegrass Scenic Railr oad Fred Siegelman, & Museum; Buckley Wildlife Sanctuary; Equus Run Vineyards; Irish Acres Gallery of Mayor Antiques and The Glitz restaurant; Pisgah Presbyterian Church, organized in 1784; 196 S. Main St. and Woodford Reserve, a bourbon distillery that is a National Historic Landmark. Versailles, KY 40383 Another is CastlePost, a luxury tourist inn with world-class amenities that was cr eated (859) 873-5436 from the landmark known for years as “The Castle.” fsiegelman@ The charming community of Midway, so-named because of its location halfway cityhall. Fred Siegelman between Lexington and Frankfort, has a railr oad running through downtown along versaillesky.com shops and popular restaurants. Midway College, established in 1847, and its 1,800 versaillesky.com students are an integral part of the community. G WOODFORD COUNTY JUDGE-EXECUTIVE POPULATION TRENDS PERSONAL INCOME John E. Coyle 2001...... $33,262 Courthouse 2006 ...... $42,638 103 S. Main St., Percentage change ...... +28.2 Room 200 Versailles, KY 40383 MEDIAN AGE (859) 873-4139 40 jcoyle@woodford countyky.org TOP FIVE MANUFACTURING/ SUPPORTIVE SERVICES EMPLOYERS WOODFORD John E. Coyle BY NUMBER OF EMPLOYEES COUNTY CLERK Osram Sylvania...... 811 Judie Woolums HOUSEHOLDS Quebecor World...... 640 Courthouse Number of households ...... 9,790 YH America Inc...... 348 103 S. Main St., Suite 120 Persons per household ...... 2.49 Pilkington North America...... 362 Versailles, KY 40383 Median household income...... $60,641 Kuhlman Electric Corp...... 300 (859) 873-3421

The Bluegrass: Best-Educated Workforce in Kentucky 105 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 106

ESTILL COUNTY

POPULATION TRENDS ESTILL COUNTY JUDGE-EXECUTIVE Wallace Taylor Courthouse 130 Main St., Room 102 Irvine, KY 40336 (606) 723-7524 IRVINE judgetaylor @irvineonline.net HOUSEHOLDS estillky.com ESTILL DEVELOPMENT ALLIANCE Wallace Taylor Number of households ...... 6,221 Joseph A. Crawford, Executive Director Persons per household ...... 2.41 P.O. Box 421 ESTILL COUNTY CLERK Median household income...... $28,962 Irvine, KY 40336 Sherry Fox PERSONAL INCOME (606) 723-2450 130 Main St., Room 102 2001 ...... $17,121 estillcountyky.net Irvine, KY 40336 2006 ...... $19,570 (606) 723-5156 COUNTY SEAT Percentage change ...... +14.3 [email protected] IRVINE estillky.com Ernest Farmer, Mayor TOP THREE MANUFACTURING/ 101 Chestnut St. SUPPORTIVE SERVICES EMPLOYERS Irvine, KY 40336 BY NUMBER OF EMPLOYEES (606) 723-2554 Carhartt Inc...... 189 [email protected] Estill Wood Products Inc...... 50 estillky.com Tipton Ridge Quarry ...... 12

GARRARD COUNTY

POPULATION TRENDS (859) 339-1414 [email protected] garrardcounty.ky.gov

COUNTY SEAT LANCASTER LANCASTER Don Rinthen, Mayor 308 W. Maple Ave. Lancaster, KY 40444 (859) 792-2241 [email protected] HOUSEHOLDS GARRARD COUNTY garrardcounty.ky.gov Number of households ...... 5,896 CHAMBER OF COMMERCE Persons per household ...... 2.97 Christa Osborne, President GARRARD COUNTY Median household income ...... $42,946 208 Danville St. JUDGE-EXECUTIVE PERSONAL INCOME Lancaster, KY 40444 John Wilson 2001 ...... $20,825 (859) 792-2282 Courthouse 2006 ...... $22,844 [email protected] 15 Public Square Percentage change ...... +9.7 garrardchamber.com Lancaster, KY 40444 TOP THREE MANUFACTURING/ LANCASTER/GARRARD COUNTY (859) 792-3531 SUPPORTIVE SERVICES EMPLOYERS INDUSTRIAL DEVELOPMENT garrardjudge@ BY NUMBER OF EMPLOYEES AUTHORITY windstream.net Allison Abrasives Inc...... 91 Nathan Mick, Director garrardcounty.ky.gov Chick Packaging, Fabricating 308 W. Maple Ave., Suite 1 John Wilson and Rigging ...... 52 Lancaster, KY 40444 Rocky Top Log Furniture Inc...... 45

106 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 107

HARRISON COUNTY

POPULATION TRENDS CYNTHIANA HARRISON COUNTY CHAMBER OF COMMERCE Pat Grenier, Executive Director 201 S. Main St. Cynthiana, KY 41031 (859) 234-5236 [email protected] cynthianaky.com CYNTHIANA COUNTY SEAT HOUSEHOLDS CYNTHIANA Number of households ...... 7,315 John M. Keith Jr., Mayor Persons per household ...... 2.53 P.O. Box 67 HARRISON COUNTY JUDGE-EXECUTIVE Median household income...... $44,606 Cynthiana, KY 41031 Alex Barnett (859) 234-7153 PERSONAL INCOME Courthouse cynthianaky.com 2001...... $21,601 111 S. Main St. 2006...... $25,680 HARRISON COUNTY CLERK Cynthiana, KY Percentage change ...... +18.9 Linda Furnish 41031 315 Oddville Ave. (859) 234-7136 TOP THREE MANUFACTURING/ Cynthiana, KY 41031 hcjudge@ SUPPORTIVE SERVICES EMPLOYERS roadrunner.com BY NUMBER OF EMPLOYEES (859) 234-7130 [email protected] harrisoncounty. 3M ...... 530 ky.gov Alex Barnett Bullard Co...... 280 harrisoncounty.ky.gov E-Z Pack ...... 133

LINCOLN COUNTY

POPULATION TRENDS LINCOLN COUNTY CHAMBER OF COMMERCE Andrea E. Miller, Executive Director 201 E. Main St. #5 Stanford, KY 40484 (606) 365-4118 [email protected] STANFORD lincolncountychamber.com STANFORD/LINCOLN COUNTY HOUSEHOLDS ECONOMIC DEVELOPMENT Number of households ...... 10,359 AUTHORITY LINCOLN COUNTY Persons per household ...... 2.49 Arlen Sanders, Executive Director JUDGE-EXECUTIVE Median household income ...... $32,253 201 E. Main St. R.W. Gilbert Stanford, KY 40484 County PERSONAL INCOME (606) 365-2524 Courthouse 2001...... $18,154 [email protected] 102 E. Main St. 2006...... $20,587 lincolnky.com Stanford, Percentage change ...... +13.4 COUNTY SEAT KY 40484 STANFORD (606) 365-2534 TOP THREE MANUFACTURING/ Bill Miracle, Mayor lintreas@ SUPPORTIVE SERVICES EMPLOYERS 305 E. Main St. hometown BY NUMBER OF EMPLOYEES Stanford, KY 40484 wireless.biz R.W. Gilbert Brake Parts Inc...... 460 (606) 365-4500 lincolnky.com Lincoln Manufacturing USA LLC...... 71 [email protected] DecoArt Inc...... 65 stanford-ky.com

The Bluegrass: Best-Educated Workforce in Kentucky 107 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 108

NICHOLAS COUNTY

POPULATION TRENDS NICHOLAS COUNTY JUDGE-EXECUTIVE Larry Tincher Courthouse P.O. Box 167 Carlisle, KY 40311 (859) 289-3725 CARLISLE [email protected] nicholascounty. ky.gov HOUSEHOLDS CARLISLE/NICHOLAS COUNTY Larry Tincher Number of households ...... 2,735 INDUSTRIAL AUTHORITY Persons per household ...... 2.53 Duane Kenney, Chairman NICHOLAS COUNTY CLERK Median household income...... $36,221 P.O. Box 94 Douglas Fryman Carlisle, KY 40311 PERSONAL INCOME Courthouse (859) 289-2251 2001...... $20,497 P.O. Box 227 2006...... $23,884 Carlisle, KY 40311 COUNTY SEAT Percentage change ...... +16.5 CARLISLE (859) 289-3730 [email protected] Ronnie Clark, Mayor TOP MANUFACTURING/ nicholascounty.ky.gov 107 E. Chestnut St. SUPPORTIVE SERVICES EMPLOYER Carlisle, KY 40311 BY NUMBER OF EMPLOYEES (859) 289-3700 Lee-Lynn Machining Inc...... 27 Fax: (859) 289-7704 nicholascounty.ky.gov

POWELL COUNTY

POPULATION TRENDS POWELL COUNTY JUDGE-EXECUTIVE Darren Farmer 525 Washington St. P.O. Box 506 Stanton, KY 40380

STANTON (606) 663-2834 judge099@ yahoo.com HOUSEHOLDS POWELL COUNTY INDUSTRIAL Darren Farmer Number of households ...... 5,214 DEVELOPMENT AUTHORITY Persons per household ...... 2.66 Craig Dawson, Executive Director POWELL COUNTY CLERK Median household income...... $31,331 P.O. Box 10 Rhonda A. Barnett Stanton, KY 40380 PERSONAL INCOME 525 Washington St., Room 109 (606) 663-2283 2000 ...... $17,289 P.O. Box 193 2005 ...... $20,501 Stanton, KY 40380 COUNTY SEAT Percentage change ...... +18.6 STANTON (606) 663-6444 [email protected] Dale Allen, Mayor TOP THREE MANUFACTURING/ powellcounty.ky.gov 525 Washington St. SUPPORTIVE SERVICES EMPLOYERS Stanton, KY 40380 BY NUMBER OF EMPLOYEES (606) 663-4459 Red River Hardwoods Inc...... 60 [email protected] Stantek LLC ...... 42 powellcounty.ky.gov Hanson Brick Inc...... 35

108 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:39 PM Page 109

WEATHER If You Don’t Like Kentucky Weather, Just Wait – It Will Change

CCORDING to Kentucky’s state MONTHLY AVERAGES song by A Ave. Precip. Ave. Snow Wet Thunderstorm Pct. Sky is % p.m. Relative Wind Speed Stephen Foster, “The (in.) (in.) Days Days Cloudy Humidity (mph) sun shines bright on Jan...... 3.6...... 6...... 12...... 1 ...... 58...... 67...... 11.5 My Old Kentucky Feb...... 3.4...... 5...... 11...... 1 ...... 54...... 61...... 11.5 Home; ’tis summer, the Mar...... 4.4...... 3...... 13...... 3 ...... 50 ...... 55...... 11.5 people are gay; the April...... 3.9...... T ...... 12...... 4 ...... 42 ...... 51...... 11.5 corn-top’s ripe and the May...... 4.3...... T ...... 12...... 6 ...... 35...... 54...... 9.2 meadow’s in the bloom, June...... 4.0...... 0...... 10...... 8 ...... 27 ...... 54...... 8.1 while the birds make July ...... 4.8...... 0...... 11...... 9 ...... 24...... 56...... 6.9 music all the day.” Aug...... 3.7...... 0...... 9...... 7 ...... 23...... 55...... 6.9 Noted for its beauty, Sept...... 3.0...... 0...... 8...... 3 ...... 27 ...... 54...... 8.1 Lexington is in the heart Oct...... 2.4...... T ...... 8...... 1 ...... 32 ...... 53...... 9.2 Nov...... 3.5...... 1...... 11...... 1 ...... 46 ...... 60...... 11.5 of the famed Kentucky Dec...... 3.9...... 3...... 12...... <1...... 55 ...... 66...... 11.5 Bluegrass region and is located on a gently rolling plateau averaging 800 to 1,100 feet above The air and seasons depend ver y Snowfall is variable and the ground sea level. The soil’s high phosphorus con- much on the winds, as to heat and does not retain snow cover more than a tent makes it valuable in growing grasses cold, dryness and moisture. The west few days at a time. September and Octo- for cattle and, of course, for horses. The cli- winds often bring storms, and the east ber are the most pleasant months of the mate is temperate, suited to varied plant winds clear the sky, but there is no year, with the least precipitation, the and animal life. And it’s decidedly continen- steady rule of weather in that r espect. greatest number of clear days, and gener- tal, subject to sudden, large changes in tem- Precipitation is evenly distributed ally comfortable temperatures. G perature in spells of short duration. throughout the year.

The Bluegrass: Best-Educated Workforce in Kentucky 109 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:40 PM Page 110

SPORTS Competitive Advantage Residents of the Bluegrass enjoy successful traditions of a variety of spor ts UK Athletics photo

Above: The UK football team plays to sellout crowds at Commonwealth Stadium. UK Athletics photo Above: Head coach is working to lead the University of Left: In 2009, Eastern Kentucky football team to its fourth Kentucky University in consecutive bowl victory. Richmond is celebrating 100 years of football. Below: Keeneland averages some 16,000 fans a day for world-class Thoroughbred racing in April and October. EKU photo

PhotosbyZ.com/Keeneland photo

110 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:40 PM Page 111

Right: The popular , who play at Applebee's Park, are the Class A affiliate of the Houston Astros.

Below: The Rolex Kentucky Three-Day Event each spring at the Kentucky Horse Park is popular with equine enthusiasts from Kentucky and beyond. Lexington Legends photo Lexington Staff photo Georgetown College photo Georgetown Above: The Georgetown College men's basketball team is a successful member of the National Association of Intercollegiate Athletics (NAIA). UK Athletics photo UK Athletics photo Above: Rupp Arena is the famous home of the Univ ersity of Kentucky men's basketball team, the winningest program in Division 1 college bask etball.

Right: is the new head coach of the UK men's bask etball team.

The Bluegrass: Best-Educated Workforce in Kentucky 111 2009 Market Review 93-112.qk:2005 Market Review 81-104.qk 9/28/09 9:40 PM Page 112

UTILITIES

NG: Columbia Gas of Kentucky Inc . Delta Natural Gas Co. Utilities Serving the 17 Counties Richmond Utilities Key: E: Electricity; NG: Natural Gas; W: Water W: Berea Municipal Utilities (859) 986-4391 Garrard County Contact Information for Major Utilities Kentucky-American Water Co. Water Association Inc. (859) 268-6320 (859) 792-4501 Atmos Energy Corp. E.ON U.S. - KU amwater.com/kyaw/ Madison County (270) 685-8069 (800) 500-4904 Owen Electric Cooperative Inc. Utilities/Kingston-Terrill atmosenergy.com eon-us.com (502) 484-3471 (859) 624-1735 Blue Grass Energy Cooperative Corp. Fleming-Mason Energy Cooperative owenelectric.com Richmond Utilities (859) 885-4191 (606) 845-2661 Richmond Utilities bgenergy.com fmenergy.net (859) 623-2323 MERCER COUNTY Clark Energy Cooperative Frankfort Electric richmondutilities.com E: Blue Grass Energy (859) 744-4251 & Water Plant Board Salt River Electric Cooperative Corp. Cooperative Corp. clarkenergy.com (502) 352-4501 (502) 348-3931 E.ON U.S. - KU Columbia Gas of Kentucky Inc. fewpb.com srelectric.com East Kentucky Power Cooperative (859) 288-0227 Georgetown Municipal Shelby Energy Cooperative Inc. Inter-County Energy Cooperative columbiagasky.com Water & Sewer Service (502) 633-4420 Salt River Electric Delta Natural Gas Co. (502) 863-7816 shelbyenergy.com Cooperative Corp. (859) 744-6171 gmwss.com South Kentucky RECC NG: Atmos Energy Corporation deltagas.com Inter-County Energy Cooperative (606) 678-4121 W: Burgin Water Department East Kentucky Power Cooperative (859) 236-4561 skrecc.com (859) 748-5220 Harrodsburg Municipal (859) 744-4812 intercountyenergy.net Winchester Municipal Utilities Water Department ekpc.coop Jackson Energy Cooperative (859) 744-5434 (859) 748-5198 (606) 287-7161 wmutilities.com Lake Village Water Association jacksonenergy.com (859) 748-5642

ANDERSON COUNTY Jackson Energy Cooperative W: Cynthiana Municipal Water Works NICHOLAS COUNTY E: Blue Grass Energy NG: Columbia Gas of Kentucky Inc . (859) 234-7159 E: Blue Grass Energy Cooperative Corp. W: Irvine Municipal Utilities Harrison County Cooperative Corp. E.ON U.S. - KU (606) 723-2197 Water Association E.ON U.S. - KU East Kentucky Power Cooperative (859) 234-4284 East Kentucky Power Cooperative Salt River Electric FAYETTE COUNTY Kentucky-American Water Co. Fleming-Mason Cooperative Corp. E: Blue Grass Energy Energy Cooperative NG: Atmos Energy Corp. Cooperative Corp. JESSAMINE COUNTY NG: City of Carlisle W: Lawrenceburg Water Clark Energy Cooperative E: Blue Grass Energy (859) 289-3700 & Sewer Department E.ON U.S. - KU Cooperative Corp. W: Carlisle Water Department (502) 839-7853 East Kentucky Power Cooperative City of Nicholasville Utilities (859) 289-3715 NG: Columbia Gas of Kentucky Inc . (859) 885-9473 BOURBON COUNTY Delta Natural Gas Co. E.ON U.S. - KU POWELL COUNTY E: Blue Grass Energy W: Kentucky-American Water Co. East Kentucky Power Cooperative E: Clark Energy Cooperative Cooperative Corp. NG: Columbia Gas of Kentucky Inc . East Kentucky Power Cooperative City of Paris Combined Utilities FRANKLIN COUNTY Delta Natural Gas Co. Jackson Energy Cooperative (859) 987-2110 E: Blue Grass Energy W: Jessamine County NG: Delta Natural Gas Co. Clark Energy Cooperative Cooperative Corp. Water District #1 W: Clay City Water Works E.ON U.S. - KU E.ON U.S. - KU (859) 885-9314 (606) 663-2224 East Kentucky Power Cooperative East Kentucky Power Cooperative Jessamine-South Elkhorn Powells Valley Water District NG: Columbia Gas of Kentucky Inc . Frankfort Electric Water District (606) 663-5870 Delta Natural Gas Co. & Water Plant Board (859) 881-0589 Stanton Water Works W: Harrison County Shelby Energy Cooperative Inc. Nicholasville Public Utilities (606) 663-4459 Water Association NG: Atmos Energy Corporation (859) 885-9473 (859) 234-4284 Columbia Gas of Kentucky Inc . Spears Water Co. SCOTT COUNTY Kentucky-American Water Co. W: Farmdale Water District (859) 885-5958 E: Blue Grass Energy Paris Municipal Water Works (502) 223-3562 Cooperative Corp. (859) 987-2118 Frankfort Electric LINCOLN COUNTY E.ON U.S. - KU & Water Plant Board E: E.ON U.S. - KU East Kentucky Power Cooperative BOYLE COUNTY East Kentucky Power Cooperative Owen Electric Cooperative Inc. E: E.ON U.S. - KU GARRARD COUNTY Inter-County Energy Cooperative NG: Columbia Gas of Kentucky Inc . East Kentucky Power Cooperative E: Blue Grass Energy Jackson Energy Cooperative W: Georgetown Municipal Inter-County Energy Cooperative Cooperative Corp. South Kentucky RECC Water & Sewer Service NG: Atmos Energy Corp. E.ON U.S. - KU NG: Atmos Energy Corporation Kentucky-American Water Co. W: Danville City Water Works East Kentucky Power Cooperative W: Garrard County Stamping Ground Water District (859) 238-1241 Inter-County Energy Cooperative Water Association Inc. (502) 535-6105 Lake Village Water Association Jackson Energy Cooperative (859) 792-4501 (859) 748-5642 NG: Atmos Energy Corporation Stanford Water Department WOODFORD COUNTY W: Garrard County (606) 365-4512 E: Blue Grass Energy CLARK COUNTY Water Association Inc. Cooperative Corp. E: Clark Energy Cooperative (859) 792-4501 MADISON COUNTY E.ON U.S. - KU NG: Columbia Gas of Kentucky Inc . E: Berea Municipal Utilities East Kentucky Power Cooperative E.ON U.S. - KU HARRISON COUNTY (859) 986-4391 Frankfort Electric & East Kentucky Power Cooperative E: Blue Grass Energy Blue Grass Energy Water Plant Board W: Winchester Municipal Utilities Cooperative Corp. Cooperative Corp. NG: Columbia Gas of Kentucky Inc . E.ON U.S. - KU Clark Energy Cooperative W: Kentucky-American Water Co. ESTILL COUNTY East Kentucky Power Cooperative E.ON U.S. - KU Versailles Municipal Sewer Works E: Clark Energy Cooperative NG: Columbia Gas of Kentucky Inc . East Kentucky Power Cooperative (859) 873-5436 E.ON U.S. - KU Inter-County Energy Cooperative East Kentucky Power Cooperative Jackson Energy Cooperative Source: Kentucky Cabinet for Economic Development

112 The Lane Repor t’s 2009-2010 Market Review of the Bluegr ass 2009-2010 Market Review Front Covers.qk:Layout 1 9/28/09 9:28 PM Page 993 2009-2010 Market Review Front Covers.qk:Layout 1 9/28/09 9:28 PM Page 994