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Tag: Economic Development

Support Organizations Making Lexington Extraordinary!

As a non-profit, we recognize that these are challenging times for everyone: our supporters, our neighbors, our government, and other nonprofits that are stepping up to make our community better. We challenge you to be a part of the solution and take a moment to make a donation to a Lexington community organization. Nourish Lexington...

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Equine Industry a Leading Sector in Central Kentucky

Our irreplaceable Bluegrass assets–the prime soils and farmland that surround Lexington–significantly impact not only our quality of life, but serve as an important economic engine in our community. Research shows that in Fayette County alone, agriculture has a $2.3 billion economic impact. In addition, 1 in 12 jobs in Fayette County are supported by agriculture....

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LFUCG Government Center

Fayette Alliance Supports Historic Land Swap, Council Approves Agreement

Fayette Alliance supports historic land swap between City of Lexington and University of Kentucky; Urges protections for and participation of impacted neighborhoods. UPDATE 7.6.17: Council approves historic land swap with University of Kentucky At the July 5th meeting, the Council approved the agreement that will give the city 250 acres for economic development in exchange for...

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Lexington Quickly Becoming a Travel and Tourism City

A recent study released by the Kentucky Cabinet of Tourism, Arts, and Heritage found total expenditures attributable to travel and tourism in Fayette County in 2017 to be $2,082,039,640. This total represents an increase in expenditures of over $3.3 million from 2016. Additionally, Lexington’s tourism industry supported 15,393 jobs in 2017. Lexington’s numbers were second...

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Study Finds Ag Cluster has $2.3 Billion Annual Economic Impact in Fayette County

Agricultural Impact Study On Fayette County Economy Released By UK College Of Agriculture, Food, and Environment A new study was released yesterday that underscores the vital role agriculture plays in Fayette County’s economy. It updates the findings of the 2012 landmark study “The Influence of the Agricultural Cluster on the Fayette County Economy.” The study...

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Equine Industry

The equine industry is one of the largest industries in Central Kentucky, contributing billions of dollars to Kentucky’s economy each year. The horse industry contributes $3.5 billion to our state’s economy. This signature industry is responsible for 96,000 jobs in the state, and more than 194,000 Kentuckians are involved in the business as horse owners,...

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Cattle Industry

Fayette County is not only famous for its horses, but also its livestock. Kentucky is the 8th largest cattle-producing state in the US. In our state 38,000 beef farmers raise approximately 2.2 million head of cattle, making it the largest cattle-producing state East of the Mississippi River. In addition to cattle raised for beef, Kentucky...

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Agritourism

Agriculture in Fayette County isn’t just horses, livestock, and crops… it’s also about tourism. In 2010 according to the USDA, Fayette County had farm sales of $504.1 million and was ranked the number one agricultural county in Kentucky.  Fayette (one of 120 counties in Kentucky) achieved 10.4% of all agricultural farm sales in the state.[1]...

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Row Crops, Food Security, & Biofuel

Although row crops are one of the smaller agricultural industries in Fayette County, they are still vital to Lexington’s farm economy. There are 46.5 square miles of harvested cropland in Fayette Co. accounting for 16.45% of the county. In 2008, crop receipts in Fayette County totaled $14.4 million, a significant number coming from such a...

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