OWENSBORO, KY — In February 2009, in the very depths of the Great Recession, seven of the nine commissioners elected to lead this capable city and surrounding Daviess County took a long breath, understood the political consequences, and approved a modest increase in a local tax to generate $80 million to build a new downtown.
Though just two of the seven officials remain in office, what they accomplished in a single courageous vote achieved three distinct and nationally significant objectives.
First, they created a local economic stimulus plan that, to date, has generated $250 million in downtown construction and infrastructure upgrades — $140 million in taxpayer-supported investment and $110 million in private spending. A pallid, mall-savaged 20th century downtown, short of breath and close to death, is being replaced by a beaming and inviting urban center fit for the 21st century. Owensboro today is a display of savvy design that encompasses a stunning river walk and riverfront park, a $50 million convention center, two new hotels, a $12 million office building, new housing and businesses, and streets reconstructed as handsome boulevards, with wide sidewalks to encourage outdoor cafe seating.
Second, those seven elected officials offered a pointed rebuke to the politics of austerity that grips Kentucky and the nation. The local increase in an existing tax on insurance premiums — from 4 percent to 8 percent, or around $150 a year for an average family — unleashed a torrent of new economic activity that produced hundreds of new jobs, more than any city in Kentucky, and dropped the city and county unemployment rates to around 6 percent, among the state’s lowest.
And third, Owensboro and Daviess County are building a nearly flawless case in support of the primary economic principle that built the United States — the joining of public spending with private investment to foster civic innovation, strengthen the quality of life, and generate jobs and new wealth.
Spurred by two-term Republican Mayor Ron Payne, who led Owensboro’s downtown redevelopment, city leaders here are doing everything in their power to make sure that lesson hits home. Earlier this month Payne and his colleagues held a three-day, $134,000 party to stoke the new civic energy. It started on January 31 with an evening open bar, a tenderloin banquet, and a Sara Evans country music concert, all free of charge, for 2,100 evening gown and tuxedo-clad city and county residents.
The occasion, maybe the most ardent, festive, and longest public party ever held in Owensboro — nobody here remembers anything comparable — celebrated the on-schedule, on-budget opening of the city’s two newest facilities — a 169,000-square-foot Convention Center and the $20 million LEED-certified, seven-story, 151-room Hampton Inn & Suites next door. Continue reading “Owensboro Convention Center Opens With Big Party; Senators Paul and McConnell Not Among The Guests”