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Our Administrative team works hand-in-hand with our elected officials to enhance and improve our relationship with our residential and business community. This document provides just a snapshot of the City of Florence’s Economic Development efforts and successes. They are meant to help keep you informed on news and developments that relate specifically to you. These electronic updates will be sent quarterly. Be sure to watch for information on recently completed projects, business updates, new developments, and much more! If you have any questions or need any help with city issues, please do not hesitate to contact my office. My door is always open!

Yours Truly,

Diane E. Whalen Mayor


Mel Carroll Council Member

Duane Froelicher Council Member

J. Kelly Huff Council Member

Diane E. Whalen Mayor

Dr. Julie MetzgerAubuchon, O.D. Vice Mayor

David A. Osborne Council Member

Gary Winn Council Member


FLORENCE, KENTUCKY City Contact Information

DEMOGRAPHIC PROFILE

Focus Properties

Joshua Hunt

Deb McCarty

Director, Business & Community Development

Community Projects Administrator

The City of Florence continues to have very low vacancy rates throughout our retail district.

8100 Ewing Boulevard Florence, Kentucky 41042

8100 Ewing Boulevard Florence, Kentucky 41042

For more information about active retail vacancies, please call the city contacts listed to the left.

859.991.0718 mobile

859.647.5411 fax

City Information

Demographics

The City of Florence has established itself as a premier location for businesses and a comfortable and safe community for its residents. More than 2,500 businesses - from start-ups, to successful advanced manufacturing, to healthcare, to corporate headquarters, to retail have all chosen to establish a presence in Florence.

commerce and one of the largest employment markets in the Cincinnati/Northern Kentucky region.

Peer Analysis

There’s a lot of potential here. Average Age

Median Household Income

38.2

Growth Rate

$51,766

8.93% 32,199

Population

Peer Trade Areas Elizabethtown, KY Bowling Green, KY New Bern, NC Charlotte, NC Hampton, VA Gastonia, NC

3 Mile Radius

5 Mile Radius

2016 Estimated Population Daytime Population Median HH Income Number of Households

6,891 18,575 $50,130 2,851

61,939 81,858 $55,634 24,634

131,578 162,841 $59,735 49,631

3 Minute DT

5 Minute DT

10 Minute DT

651 7,064 $53,795 257

10,751 32,399 $51,766 4,262

97,472 148,354 $56,555 38,552

2016 Estimated Population Daytime Population Median HH Income Number of Households

The Peer Analysis, built by Retail Strategies along with our analytics partner (Tetrad), Peer Analysis is derived from a 5 or 10 minute drive time from major comparable retail corridors throughout the country. The variables used are population, income, daytime population, market supply and gross leasable area. The following are retail areas that most resemble this core city:

DEMOGRAPHIC PROFILE 1 Mile Radius

Children at Home

709

Retired/Disable persons

1,725

Homemakers

1,324

Student Populations

4,554

Work at Home

196

Employed

23,642

Unemployed

249

*Source: STI PopStats

1631 Ring Road 160 American Ave 3410 Dr Martin Luther King Jr Blvd 8830 Albemarle Road 5001 Holt Avenue 425 Cox Road

Focus Categories The top categories for focused growth in the municipality are pulled from a combination of leakage reports, peer analysis, retail trends and real estate intuition. Although these are the top categories, The city’s efforts are inclusive beyond

Apparel

Restaurants

Entertainment

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Sporting Goods

Florence, KY


NKY Health Department

Vantrust Site 6A

8001 Veterans Memorial Drive  4.0 acre development site;  Construction is ongoing;  Planned opening March 2018.

Ted Bushelman Boulevard  30 acre development site;  Building construction has started for the 550,000 sq. ft. building;  Planned opening Spring 2018.

Vantrust Site 6B Ted Bushelman Boulevard  21 acre development site;  177,000 sq.ft. building will be completed in Summer 2018.

CVG Ted Bushelman Development Ted Bushelman Boulevard  Remaining parcels of the planned 170 acre development are currently in the negotiations process for long term leases.


Dominion Senior Living

Victory Lane Oil Change

Seligman Drive  4.1 acre development site;

Bill Wentz Drive & US 42  .5 acre development site;  3 bay oil changing station;  Project scheduled to be completed late Spring 2018.

 

60 unit (84 beds) assisted living facility; Project scheduled to be completed Spring 2018.

Bob’s Original Sweeper Shop

French Quarter Phase 4

8445 US 42  Local family business dedicated in bringing the best in vacuum and cleaning solutions recently purchased the 8445 US 42 building;  Exterior and interior renovations are ongoing and should be completed by Spring 2018.

Orleans North Subdivision  6 acre development site;  Approximately 50 residential homes to be constructed over the next two years.


Villages of Florence Senior Apartments Hopeful Church Road  33 acre development site;  177 ranch style age restricted homes planned;  Road and utility work is currently taking place with a tentative completion date of Summer 2018.

Keller Williams Realty Office 7210 Turfway Road  Former Florence Medical Center getting a complete renovation; 

Keller Williams Realty will use this building as their new commercial headquarters.

Villages of Weaver Senior Apartments Weaver Road  9.2 acre development site;  56 ranch style age restricted homes planned  Planned opening Spring 2019.

Florence Veterinary Hospital 7801 US 42  Former 4,000 sq. ft. optometrist office is being converted to a state of the art veterinary hospital;  Planned opening Spring 2018.


Florence United Methodist Church

Stride Rite

8585 Old Toll Road  Florence United Methodist Church undergoing a major expansion project, planned completion is Spring 2018.

Florence Mall  New to the market chain that sells children's footwear;  Planned opening February 2018.

KFC/Long John Remodel 8055 Holiday Place  Complete exterior remodel bringing building up to date to current company model;  Planned completion is February 2018.


Brass Tap Beer Bar 8720 Bankers Street  New to the market restaurant with over 300 beers on tap.

Pieology Pizzeria 6785 Houston Road  New to the market restaurant that serves handmade pizzas in 5 minutes or less.

Cardinal Drive Storage

Crown Services

7869 Cardinal Drive  2.2 acre development site;  Construction is ongoing;  Planned opening Spring 2018.

7711 Ewing Boulevard  Staffing company with offices across the U.S., providing talent to professional, industrial & healthcare businesses.


Comfort Suites Hotel

Magnolia Springs Senior Living

5895 Merchant Drive  1.5 acre development site;  82 room hotel was completed in August 2017.

7665 Ewing Boulevard  7.5 acre development site;  Approximately 100 assisted senior living residential units.

Hilton Home2 Suites

ILoveKickboxing

7570 Woodspoint Drive  3.1 acre development site;  109 room hotel opened in October 2017.

8537 US 42  New to the market chain offering aerobic kickboxing classes;  Classes range from beginner to advanced.


Corelife Eatery 6785 Houston Road  New to the market restaurant;  Menu choices focus on healthy alternatives such as tofu, antibiotic free range chicken, no GMO’s or artificial flavors.

Bear Paddle Swim Club 4102 Seligman Drive  10,268 sq. ft. building, with a salt water heated pool;  Offers swimming classes and pool parties.

Rapid Fired Pizza

Outback Steakhouse

7555 Mall Road  New to the market pizza restaurant;  This is the first chain to open in the state of Kentucky;  Restaurant specializes cooking a wide variety of specialty pizzas in 180 seconds.

8030 Mall Road  New to the Florence market restaurant; with Outback’s new prototype building.


Biggby Coffee

Chick-fil-A

8528 US 42  Biggby officially opened their doors in October 2017, they specialize in coffee, lattes, smoothies and breakfast food.

8050 Mall Road  Chick-fil-A officially opened their second location on Mall Road in August 2017.

Petland

Full Throttle Indoor Carting

7901 Mall Road  Petland officially opened their doors in October 2017. They sell a full assortment of reptiles, fish, bird, dog and cat food and supplies.

24 Spiral Drive  The former XhilaRacing has been purchased by Full Throttle.  The track and ventilation system recently went through major renovations.  All carts have been upgrade to gasoline powered.


Hampton Inn Upgrade

Casual Male XL

7393 Turfway Road  Hampton Inn recently completed a multi-million dollar renovation.  Renovations were completed in October 2017.

7634 Mall Road  New to the market retail store.  2,500 sq. ft. building dedicated to big and tall apparel fashion.

Mattress Firm

Wabi Sabi

7501 Woodspoint Drive  Relocated business that constructed Mattress Firms newest prototype building.

8085 Mall Road  New to the market sushi restaurant serving half price sushi everyday.


Business Name

Business Type

Address

Colorful Glass Creations

Retail

2028 Florence Mall

Shoes For Crews

Retail

7310 Turfway Road

Law Offices of Blake Maislin

Office

8180 Dream Street

Hair by Jayme

Hair Stylist

7346 US HWY 42

Phantasm Vapors

Retail

8125 Connector Drive

Kelly’s Clearance and Closeout

Retail

8139 Mall Road

Lady of the Sun Airbrushing Tanning

Salon

2028 Florence Mall

B&L Beauty Supply

Retail

8187 Mall Road

Black Saturn Gaming

Arcade

8185 Mall Road

BoboQ

Restaurant

8645 Haines Drive

All Star Staffing

Staffing Company

6900 Houston Road

Blush Salon Spa

Salon

8537 US 42

Dollar Tree

Retail

8453 US 42

Alpha’s Hometown Pizza & Pasta

Restaurant

8470 US 42


Holiday Inn Express

Fairfield Inn & Suites

Vandercar Way 2.1 acre development site;  56,000 sq. ft. , 45’ 4” tall ;  93 rooms;  Construction will start Spring 2018.

Merchant Street  3.7 acre development site;  50,635 Sq., Ft, 4 –story hotel;  91 rooms ;  Construction will start Spring 2018.

Staybridge Suites Ted Bushelman Blvd.  2.8 acre development site;  72,965 sq. ft., 5-story tall;  89 rooms;  Construction will start Summer 2018.

Tru Hotel Vandercar Way  3.57 acre development site;  Concept plans have been submitted to the Boone County Planning Commission for review.


Evergreen Apartments

Menards

Evergreen Drive  3.3 acre development site;  Project will consist of 12 apartment building units. Project is currently going through he Boone County Planning Commission.

5000 Apex Lane  17 acre development site;  Major site plan has been resubmitted to the Boone County Planning Commission for revisions;  Project will tentatively start in 2018.

Weaver Road Subdivision

TownePlace Suites

900 Block of Weaver Road  2.92 acre development site;  Plans are currently going through the major site plan review process;  Developer is proposing to build 11 single family homes.

Turfway Road  2.85 development site;  65,716 sq. ft., 4 –story tall;  101 unit hotel room;  Construction will start Summer 2018.


Tim Hortons

Verizon Wireless Retail Store

US 42/Cavalry Lane  New to the market international chain known best for its coffee and donuts.

US 42/Cavalry Lane  Concept plans for a new Verizon Wireless retail store has been submitted and is currently going through the concept development review process.


The Cincinnati/Northern Kentucky International Airport will begin initial work next month on projects that will pave the way for construction of the planned $150 million consolidated car rental facility.


2017 Annual Development Report  

The city of Florence, Kentucky's Annual Development Report

2017 Annual Development Report  

The city of Florence, Kentucky's Annual Development Report

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