Wednesday, November 24, 2010

Despite the Bumpy Economy it is a Year to be Thankful in Owensboro

US Bank Construction in Mid America Airpark
While the national recession has reared its ugly head in Owensboro through 2010, on the balance this thanksgiving is a time to be thankful that our region is prospering with an unprecedented wave of building projects spurring economic activity, job creation, and enthusiasm that will hopefully translate into more good news in 2011.

The nearly $1 billion worth of construction projects currently underway include the following:

KBP Expansion

  • the construction of the new US Bank Mortgage Processing Center in the Mid-America Airpark that will add 500 jobs in 2011;
  • the new OMHS, which will add at least 300 health care workers in the coming years;
  • an addition to Kentucky BioProcessing, part of the $17 million contract with the Department of Defense;
  • the $37 million completion of the US 60 bypass, which provide a four lane connection between I-64 and I-65;
  • a new National Guard Armory at the Owensboro-Daviess County Airport;
  • New Hospital Construction 
  • the $40 million riverfront development project, which coupled with the $79 million locally funded downtown revitalization package will totally transform the riverfront and downtown Owensboro in the coming years. 
Riverfront Development Project
All total these projects are creating 10,000 construction jobs this year and in 2011.  Happy Thanksgiving!

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