by Keith Schneider
October 17, 2011
Meanwhile, the public investment has already prompted $32 million in private investment downtown in new shops, housing, and a 150-room downtown hotel. Taken together, Owensboro’s rebuilding campaign has spurred $172 million in public and private spending, generated more than 100 construction jobs, and over three dozen new private sector service jobs. And the numbers are growing.
Even more important than the investment totals is what the public decisions seemed to signal about Owensboro’s governing circuitry. The formula for success in the digital age, said city and county elected leaders, called for a rewiring of principles and values that helped businesses and institutions and didn’t just leave people to fend for themselves.
In developing, financing, and rebuilding downtown, Owensboro seems to be setting out to prove that governments working together can champion programs that are responsive, flexible, and heighten the sense of shared responsibility. Owensboro, it appears, is on the verge of a policy and investment breakthrough worthy of state and national attention.