Thursday, January 16, 2014

Discover Downtown Middlesboro Releases Data on Investment and Job Creation in 2013

Discover Downtown Middlesboro recently reported statistics about the economic performance and business environment of the downtown area to the Kentucky Main Street Program. This is an annual requirement to help maintain the community's status as a "Designated Main Street Program."

Total reinvestment in the downtown in 2013 as reported by business owners was $2,765,650.00. There were six facade projects totaling $6,500, one new building at a total cost of $1,300,000, and the remaining balance went towards building renovation. The total number of jobs in the district was 877 with 100 new jobs created in 2013. Finally, there were 13 new businesses that opened.

Discover Downtown Middlesboro Executive Director Isaac Kremer will be attending the Kentucky Main Street conference in Frankfort, Thursday, January 16 and Friday, January 17. While there he will interact with colleagues from throughout the Commonwealth, hear about best practices in downtown revitalization, and bring many of those lessons back to Middlesborough. For more information, please visit: http://heritage.ky.gov/mainstreet/.

1 comment:

  1. Great report...and wonderful job performance. I enjoy reading all of the updates on Mboro. R. L.

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