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.