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Lexington

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Full-Text Articles in Economic Policy

Analyzing The Impacts Of The 2010 World Equestrian Games On The Kentucky Horse Park, Pamela Henderson Jan 2013

Analyzing The Impacts Of The 2010 World Equestrian Games On The Kentucky Horse Park, Pamela Henderson

MPA/MPP/MPFM Capstone Projects

There has been a growing trend in the United States for governments to invest in infrastructure specifically for sporting events. Proponents believe that arenas and large scale events will lead to economic development in an area. Contrary to this expectation, there is a large body of literature that contends that the economic impact expected from these projects does not generally come to fruition.

Lexington, Kentucky hosted the World Equestrian Games (WEG) in 2010. WEG is an international competition that features equestrian events and is held every four years in between the Summer Olympic Games. In order to prepare for the …


Business Improvement Districts: Should Lexington Establish One?, Melissa A. Hagan Jan 2008

Business Improvement Districts: Should Lexington Establish One?, Melissa A. Hagan

MPA/MPP/MPFM Capstone Projects

Downtown districts are falling victim to surges of new development increasingly taking place outside the city as people seek to escape fast‐paced city life for a more peaceful life in the suburbs. As people move to the suburbs, they either take the businesses with them or the businesses fail to maintain profitability in empty downtowns. Downtown Lexington has been no exception. The recent developments of Hamburg Place and, more recent the developments around Fayette Mall have attracted even more business owners away from downtown.

A new implementation approach for revitalization is gaining momentum, as downtowns are introducing policies that enable …