Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster
Davis Motor Sales banner ad

Owensboro Ranks Sixth Among Forbes’ List of Small Towns to Work In

city owensboro 300OWENSBORO, Ky. (5/9/13) – As the city of Owensboro continues to garner national attention, one internationally known magazine has reportedly awarded Owensboro a ranking that is sure to get the attention of job seekers and prospective employers alike.

According to local sources, Forbes Magazine, a powerhouse voice in the business world, has ranked Owensboro sixth on its list of “Best Small Towns to Hold a Job In.” The 2013 ranking means that Owensboro has jumped fifteen slots over last year’s survey, in which the city was ranked at number 21, leading to an employment growth rate of 2.5%.

Owensboro has “definitely been a city on the move,” as Owensboro Mayor Ron Payne puts it, especially in the past year with the opening of Smothers Park (considered by many to be the keynote accomplishment of Payne’s ambitious downtown renovation project). The new park was one of the first steps of a plan that when introduced in 2009 was met with reluctance and faced quite a bit of public backlash. The plan itself had no other possible funding mechanism than to be paid for with taxes, most of which were harvested through  tax rate increases in the city. More than half of the $178.4 million in public and privately financed downtown renovation projects have been provided by an $80 million tax hike that raised the city premium insurance tax rate to from 4 percent to 8 percent and in the outlying Daviess County from 4.9 percent to 8.9 percent.

Despite the skepticism early on, the results of the are starting to see a return on the investment. Within the past two years, Owensboro has seen an influx of private money pour into the downtown, with private investors reportedly spending approximately $90 million in the area.

On Thursday, following the release of the Forbes rating to the public, Payne said Owensboro is truly excited about the news.

“This has just reaffirmed what we have thought all along… that is, Owensboro is definitely a city on the move,” Payne said.

He pointed out that when he took office in 2008, Owensboro was reeling from the effects of a deep recession.

“We realized that we had to invest in ourselves, and that coming out of that recession was exactly the right time to do it,” Payne remarked. “All of the projects we began are completed with the exception of the downtown hotel and convention center, and those should be completed within the year.”

Convention Center officials have set an official opening date for late January 2014.

Now months into his second term, Payne has even more ambitious plans to make Owensboro a brighter star on the map. Currently, plans are being discussed that would bring an interstate through Owensboro. I-67 would run from Nashville to Indianapolis, and would pass through Owensboro on the way.

“It’s not a matter of if,” said Payne, “It’s simply a matter of when.”

More job opportunities are expected to continue to pour into Owensboro this year. Last week, it was announced that the Gabe’s Tower hotel has been bought. The new owner and developer has plans to renovate and reopen it. A new tennis facility is also in the planning stages. It is slated to open in late 2013.

Alex Reid
SurfKY News

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

Posted on 2/2/14
3/13 - 16
2/6/2014 - posted
3/13 - 16
button coupons
2/6/2014 - posted
3/13 - 16
2/6/2014 - posted
3/13 - 16
button classifieds
2/6/2014 - posted
3/13 - 16

Most Read This Week

December 24, 2014 11800

Christmas Eve Bloody Brawl Erupts on Dulin Street

in Local (Hopkins) Top News by Doreen Dennis
December 25, 2014 7967

Gift Returns Done Right

in General News For All Sites by SurfKY News
December 25, 2014 4796

Arrests Made After Dulin Avenue Christmas Eve…

in Local (Hopkins) Top News by Officer C.P. Haynie
December 19, 2014 3978

Vehicle Fire Causes Traffic Back-Up on Pennyrile

in Local (Hopkins) Top News by Doreen Dennis
December 23, 2014 3924

Couple's Alleged Dispute over Blanket Leads to…

in Local (Hopkins) Top News by Madisonville Police Department
December 25, 2014 3418

Crime Stoppers Top Most Wanted - December 25, 2014

in Video by Crime Stoppers
December 23, 2014 3407

Alleged Theft at Walmart Sends Two to Jail

in Local (Hopkins) Top News by Madisonville Police Department
December 22, 2014 3367

Madisonville Police Arrest Reports - Dec. 22, 2014

in Hopkins News by Madisonville Police Department
December 20, 2014 3187

KET’s Kentucky Life Segment to Feature Old…

in Local (Muhlenberg) Top News by Paul McRee, SurfKY News
December 23, 2014 2984

Disturbance Results in Vehicle, Foot Pursuit,…

in Local (Hopkins) Top News by Officer Tyler Russell

Stories Trending Today

December 24, 2014 11800

Christmas Eve Bloody Brawl Erupts on Dulin Street

in Local (Hopkins) Top News by Doreen Dennis
December 25, 2014 7967

Gift Returns Done Right

in General News For All Sites by SurfKY News
December 25, 2014 4796

Arrests Made After Dulin Avenue Christmas Eve…

in Local (Hopkins) Top News by Officer C.P. Haynie
December 25, 2014 3418

Crime Stoppers Top Most Wanted - December 25, 2014

in Video by Crime Stoppers
December 26, 2014 1576

5-Year-Old Boy Kills Buck/Doe

in Local (Muhlenberg) Top News by Randy Adams
December 24, 2014 1214

Winter Superfoods for Optimal Health

in General News For All Sites by SurfKY News
December 24, 2014 1151

Jobless Rates down in 119 Counties in November…

in General News For All Sites by Kim Brannock
December 25, 2014 1109

How to Create Your Household Budget

in General News For All Sites by SurfKY News
December 26, 2014 1097

Grab the Best Buys This January

in General News For All Sites by SurfKY News
December 25, 2014 1007

SurfKY Spotlight: Hudson Service Center

in Video by Gary Gates, SurfKY News

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social fbsocial twsocial yt
social gpsocial flrsocial rss