One year after the opening of the KFC Yum Center, Louisville Arena Authority Chairman Jim Host is stepping down. Host is also chair of the Bluegrass Economic Advancement Movement, or BEAM, which is the economic partnership between Louisville and Lexington. “I’m a glutton for punishment,” he jokes, saying that BEAM will consume most of his […]
The economic partnership between Louisville and Lexington will be led by a 21-member board of business executives, university presidents and economic development officials. Louisville Mayor Greg Fischer and Lexington Mayor Jim Gray named the board of the Bluegrass Economic Advancement Movement, or BEAM, this afternoon. BEAM is meant to foster a regional economic around manufacturing. […]
The Metro Council will express its support for the so-called economic super region between Louisville and Lexington tomorrow.
The Bluegrass Economic Advancement Movement, or BEAM, is a partnership between the two cities organized with help from the Brookings Institution and Bloomberg Philanthropies. Its goal is to create an atmosphere in which the cities can work together to attract jobs, mostly in the manufacturing sector.
But BEAM is little more than a concept—a well-funded concept—at this point. It has a leader in former Louisville Arena Authority chairman Jim Host, and a board and direction are expected to begin forming next week.
Despite the uncertainty, every member of the Metro Council has signed on as a cosponsor to a resolution supporting BEAM. Majority caucus spokesman Tony Hyatt says council President Jim King wants both Louisville and Lexington governments to express early support for the BEAM concept.
The initial planning for a super region between Louisville and Lexington has begun. The Brookings Institution is helping the cities put together a plan for an economic partnership centered around manufacturing jobs. In particular, it will look at how best to lure more auto industry jobs to Louisville, Lexington or nearby cities. In the past, […]