The Kentucky Main Street Program (KYMS) announced this week that39 participating communities reported cumulative investment of $109,741,515 in their commercial downtown districts in 2016, a number that includes $75,070,029 of private investment matched by $30,920,494 in public improvements. This total was up significantly from the $76 million of cumulative investment reported by 44 communities in 2015.
Administered by the Kentucky Heritage Council/State Historic Preservation Office (KHC), Kentucky Main Street is the oldest statewide downtown economic revitalization program in the nation, based on the National Main Street Center (NMSC) Four-Point Approach emphasizing organization, promotion, design and economic vitality. Since the programs inception in 1979, KYMS can document more than $3.9 billion of public-private investment throughout the Commonwealth.
The revitalization statistics were announced during the KYMS Winter Meeting in Frankfort, which began Wednesday with an advocacy day at the Capitol, where local directors displayed exhibits about their programs and met with legislators. The day concluded with both House and Senate floor resolutions, introduced by Rep. Chad McCoy of Bardstown and Sen. Robin Webb of Grayson, respectively, which were adopted in each chamber by voice vote.
According to the resolutions, Kentucky Main Street is at its core a self-help program, locally administered and funded through private investment partnered with public support, which achieves success by addressing a variety of issues that face traditional business districts and re-establishing downtown as the communitys focal point and center of activity.
In addition to statewide investment numbers, the resolutions also noted that in 2016, Kentucky Main Street communities reported:
1,452 new jobs created in Main Street districts 234 new businesses created 81 new housing units in downtowns 198 building rehabilitation projects completed $51,433,241 invested in historic building rehabilitation
Directors met at the Kentucky Transportation Cabinet building to hear program updates and special guest speakers, including presentations on bicycle and pedestrian projects and Tax Increment Financing.
Also on Thursday, KYMS Administrator Kitty Dougoud announced that 29 communities have achieved accreditation for 2017 as certified by both Kentucky Main Street and the National Main Street Center. These areBardstown, Bellevue, Cadiz, Campbellsville, Carrollton, Covington, Cynthiana, Danville, Dawson Springs, Frankfort, Guthrie, Harrodsburg, Henderson, LaGrange, London, Maysville, Morehead, Murray, New Castle, Paducah, Perryville, Pikeville, Pineville, Princeton, Shelbyville, Springfield, Taylorsville, WilliamsburgandWinchester. Accredited programs have met all of the 10 performance standards set forth by NMSC.
Affiliate programs have met at least five of the 10 accreditation standards, and Network programs are those in the beginning phases of the program or in some form of transition. Those earning Affiliate status areMarion, Paintsville, Scottsville,and theTri-Citiesprogram includingBenham, CumberlandandLynch; and Network programs areDayton, Middlesboro, NicholasvilleandWayland.
Annual reinvestment statistics are collected from all participating Accredited, Affiliate and Network communities.
Kentucky Main Streets mission is to prioritize the preservation and adaptive reuse of historic buildings as the framework supporting downtown revitalization and economic development strategies. Participation requires local commitment and financial support, with a Main Street director to administer the program in partnership with a volunteer board. In turn, KHC provides technical and design assistance, training and educational opportunities, on-site visits, a resource center, national consultants and grant funding, when available.
The economic and community impact of the Kentucky Main Street Program has been particularly dramatic in rural and small towns across the Commonwealth, said Regina Stivers, Deputy Secretary of the Cabinet of Tourism, Arts and Heritage. By helping preserve historic resources unique to each community, focusing on small businesses, and creating a halo effect that encourages additional investment, the program supports the cabinets mission of improving quality of life and enhancing opportunities for heritage tourism.
For more about Kentucky Main Street, visitwww.heritage.ky.gov/mainstreetor contactKitty Dougoud, 502-564-7005, ext. 127.
Story provided by: Kentucky.org
See the original post:
Kentucky Main Street Program Communities Contributed $110M to State Economy in 2016 - WMKY
- Recruitment - Wikipedia - January 27th, 2017 [January 27th, 2017]
- Resource-based economy and pay-it-forward | The Moneyless ... - January 30th, 2017 [January 30th, 2017]
- A Resource Based Economy - worldsocialism.org - January 30th, 2017 [January 30th, 2017]
- Trump's Flawed Logic Regarding US-Mexico Relations - Fair Observer - February 7th, 2017 [February 7th, 2017]
- Economic freedom achievable through knowledge based economy, innovative technical skill development - President - Asian Tribune - February 7th, 2017 [February 7th, 2017]
- Younger generation inheritors of knowledge-based economy: President - Lanka Business Online - February 7th, 2017 [February 7th, 2017]
- Morguard - 2017 Real Estate Investment Trends to Watch in Canada - Canada NewsWire (press release) - February 7th, 2017 [February 7th, 2017]
- Ask Yourself These Two Questions About America's Economic Future - Fortune - February 8th, 2017 [February 8th, 2017]
- The Informal Economy and Decent Work: A Policy Resource ... - February 8th, 2017 [February 8th, 2017]
- Thunder Bay's population experiencing low growth - Tbnewswatch.com - February 9th, 2017 [February 9th, 2017]
- Substantial investment in agriculture needed to ensure enough food for all - Daily Nation - February 9th, 2017 [February 9th, 2017]
- Can Russia project power while battered by economic woes? - Asia Times - February 9th, 2017 [February 9th, 2017]
- When will Russia finally break its 'resource curse'? - Russia Direct - February 10th, 2017 [February 10th, 2017]
- TEA & TWO SLICES | On Giant Snow Penises And Christy Clark's Shudder-Worthy Interview - Scout Magazine (blog) - February 10th, 2017 [February 10th, 2017]
- Can Russia project power while battered by economic woes ... - MENAFN.COM - February 11th, 2017 [February 11th, 2017]
- Siemens backs Qatar''s economic ambitions with innovation - MENAFN.COM - February 12th, 2017 [February 12th, 2017]
- The 'Dutch disease' reexamined: Resource booms can benefit the wider economy - USAPP American Politics and Policy (blog) - February 13th, 2017 [February 13th, 2017]
- Charles Lawton: Here's a proposal to create real equality of job opportunity - Press Herald - February 14th, 2017 [February 14th, 2017]
- India can't write-off coal-based energy so soon: World Coal Association - Economic Times - February 14th, 2017 [February 14th, 2017]
- The pathologies of redistributive resource transfers - Livemint - February 15th, 2017 [February 15th, 2017]
- Jessica Wright: Well-managed farmland benefits community, watershed - Conway Daily Sun - February 15th, 2017 [February 15th, 2017]
- Evaluate FLSA for its Ability to Keep Pace with Today's Workplace, SHRM Tells House Subcommittee - SHRM - February 16th, 2017 [February 16th, 2017]
- Officials hope fiber optic expansion helps diversify Decatur's economy - The Decatur Daily - February 16th, 2017 [February 16th, 2017]
- 10th Biennial Nehalem Bay Estuary Cleanup set - Tillamook Headlight-Herald - February 16th, 2017 [February 16th, 2017]
- Howard gives Barnett a hand on hustings - The West Australian - February 18th, 2017 [February 18th, 2017]
- EDITORIAL COMMENT: Let's celebrate President's birthday with ... - Chronicle - February 20th, 2017 [February 20th, 2017]
- GM, Steelcase see a web of opportunity in the circular economy - GreenBiz - February 21st, 2017 [February 21st, 2017]
- The sputtering energy economy: Can it be revved up? - Meridian Star - February 21st, 2017 [February 21st, 2017]
- The difference between Malcolm Turnbull and Justin Trudeau - The Australian Financial Review - February 21st, 2017 [February 21st, 2017]
- In the Face of a Trump Environmental Rollback, California Stands in ... - Yale Environment 360 - February 22nd, 2017 [February 22nd, 2017]
- Report: Boundary Waters nets $77 million from summer visitors - Duluth News Tribune - February 22nd, 2017 [February 22nd, 2017]
- DENIM SPIRIT: An economy based on abundance - Finger Lakes Times - February 23rd, 2017 [February 23rd, 2017]
- HR International to hold confab on African economy - Guardian - February 24th, 2017 [February 24th, 2017]
- Event promotes innovation and technology expansion - News - Castlegar News - February 24th, 2017 [February 24th, 2017]
- The Venus Project Plans to Bring Humanity to the Next Stage of Social Evolution. Here's How. - Futurism - February 24th, 2017 [February 24th, 2017]
- Best returns since 1900? Resource based countries, including ... - Financial Post - February 24th, 2017 [February 24th, 2017]
- Economic growth projected for Saskatchewan in 2017 | Regina ... - Regina Leader-Post - February 24th, 2017 [February 24th, 2017]
- Energy as a Model for US-Mexico Economic Partnership - RealClearEnergy - February 24th, 2017 [February 24th, 2017]
- Science and Technology: Minister says FG will harness natural ... - Pulse Nigeria - February 24th, 2017 [February 24th, 2017]
- Montana Jobs Not Well Positioned - Big Sky Business Journal - Big Sky Business Journal - February 25th, 2017 [February 25th, 2017]
- The future of WA's economy: Life beyond mining - WAtoday - February 27th, 2017 [February 27th, 2017]
- Verdant Zeal set to celebrate decade of providing media solutions - Guardian - February 28th, 2017 [February 28th, 2017]
- Lessons from Canada's scientific resistance - Bulletin of the Atomic Scientists - February 28th, 2017 [February 28th, 2017]
- St Ann can do better Earl Jarrett - Jamaica Gleaner - February 28th, 2017 [February 28th, 2017]
- Firm canvasses technology strategy - The Nation Newspaper - March 3rd, 2017 [March 3rd, 2017]
- Mandryk: Next Saskatchewan boom needs to be from our heritage fund - Regina Leader-Post - March 3rd, 2017 [March 3rd, 2017]
- Bank of Canada channels Al Gore - Toronto Sun - March 3rd, 2017 [March 3rd, 2017]
- Australia's economy has been growing for 25 years straight Quartz - Quartz - March 4th, 2017 [March 4th, 2017]
- The Venus Project envisions a sustainable redesign of our cities and civilization - Inhabitat - March 4th, 2017 [March 4th, 2017]
- State's high-tech hits $1 billion economic milestone - Daily Inter Lake - March 7th, 2017 [March 7th, 2017]
- The startup economy - Canadian Lawyer Magazine - March 7th, 2017 [March 7th, 2017]
- Nehalem Bay Estuary Cleanup - North Coast Citizen - March 7th, 2017 [March 7th, 2017]
- Pipelines to be a 'fundamental' issue for NDP leadership race: Julian - Hill Times (subscription) - March 8th, 2017 [March 8th, 2017]
- Prime Minister Trudeau, no fan of the middle class - Hill Times (subscription) - March 8th, 2017 [March 8th, 2017]
- Finally, Democrats Have A Pro Wrestler In Their Corner - Huffington Post - March 9th, 2017 [March 9th, 2017]
- WA election: Labor outlines campaign costings and debt reduction plan - ABC Online - March 9th, 2017 [March 9th, 2017]
- WA election: Death threats, One Nation legal action, stadium stoush campaign trail action - ABC Online - March 9th, 2017 [March 9th, 2017]
- Russia, Israeli firm agree to invest $100 mln in Russia's dairy industry - Reuters - March 10th, 2017 [March 10th, 2017]
- Maine deserves a chance to capitalize on the North Woods monument - Bangor Daily News - March 10th, 2017 [March 10th, 2017]
- MAN, RMRDC, others to promote resource-based MSMEs,funding - The Nation Newspaper - March 10th, 2017 [March 10th, 2017]
- Jobs, education focus of Gov. Brown's Prineville visit - KTVZ - KTVZ - March 10th, 2017 [March 10th, 2017]
- HIKE NETARTS BAYOCEAN SPIT - North Coast Citizen - March 11th, 2017 [March 11th, 2017]
- Jobs versus or for the environment? - Budgeeter News - March 11th, 2017 [March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Yahoo Finance - March 11th, 2017 [March 11th, 2017]
- We are taking steps to overhaul economy through knowledge-based ... - TheNewsGuru (satire) (press release) (blog) - March 11th, 2017 [March 11th, 2017]
- Canada Invests $325 Million in the Fish and Seafood Sector - Marketwired (press release) - March 12th, 2017 [March 12th, 2017]
- Saskatchewan gender, immigrant wage gaps among widest in Canada - Saskatoon StarPhoenix - April 8th, 2017 [April 8th, 2017]
- Week in Film: Endless LOLs, an Acid Western, and Great Advice ... - Bedford + Bowery - April 8th, 2017 [April 8th, 2017]
- Famous fish the focus of 'steelhead ecology' hike - Tillamook Headlight-Herald - April 8th, 2017 [April 8th, 2017]
- 'Explore Nature' sets Cape Lookout hike - Tillamook Headlight-Herald - April 8th, 2017 [April 8th, 2017]
- Califonria Lawmakers approve billion dollar gas tax | KBAK - Bakersfield Now - April 8th, 2017 [April 8th, 2017]
- Globe editorial: On pipelines, Ottawa must have the final say - The ... - The Globe and Mail - June 6th, 2017 [June 6th, 2017]
- Politics biggest determinant of economic future, says Page - Tbnewswatch.com - June 6th, 2017 [June 6th, 2017]
- Our Turn: Pass SB 129, save 900 New Hampshire jobs - Concord Monitor - June 6th, 2017 [June 6th, 2017]
- We'll Always Have Paris: Trump's Impact On The Climate Agreement - HuffPost - June 6th, 2017 [June 6th, 2017]
- A strategy that will make Canadian innovation flourish - The Globe and Mail - June 6th, 2017 [June 6th, 2017]
- Ocean Conference Side Events Highlight Cooperation on SDG 14 ... - IISD Reporting Services - June 7th, 2017 [June 7th, 2017]
- We must tap 'blue economy' for progress - Daily Nation - June 8th, 2017 [June 8th, 2017]
- Minnesota Power Proposes Next Step in EnergyForward Plan - POWER magazine - June 9th, 2017 [June 9th, 2017]
- What Utah's Canyon Country Can Tell Us About Trump's Monuments Review - NPR - June 10th, 2017 [June 10th, 2017]