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Louisville Noted As A City Of The Future

 On Louisville Metro Government’s website the title reads “Louisville Named City of Future”. Though the city of Louisville does have a reason to celebrate, it has NOT been named the “City of the Future” as the mayor’s office would have one to believe.

  The article references the magazine Foreign Direct Investment, which does a ranking of North American cities every few years. The ranking is done utilizing various criteria based on economic potential, human resources, cost effectiveness, quality of life, infrastructure, business friendliness and promotion strategy. The cities are divided into four different groups based upon population. The groups, with the population needed per group is as follows: Major cities have a population of more than 1,000,000; large cities have a population of greater than 500,000 but less than 1,000,000; Small cities have a population greater than 100,000 and less than 500,000, and Micro cities have a population of less than 100,000. Utilizing the population as the criteria for determining the group, Louisville falls into the “Small cities” category.

  Within this group, Louisville ranks 7th, beating Tulsa, Oklahoma; Richmond, Virginia; and Salt Lake City, Utah, but falling behind Tampa, Florida; Minneapolis, Minnesota; Raleigh, North Carolina; St. Louis, Missouri; Irvine, California; and Sacramento, California.

  Louisville also ranked third behind Raleigh, North Carolina and Tampa, Florida as one of the top five of “Best Economic Potential”.

    There are, according to this article, only two cities that have a consistent ranking above Louisville in the two categories. This allows the statement to be made that Louisville could be considered, a City of the Future.

April 27, 2009 - Posted by | Uncategorized | , ,

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