Shepherdsville tops $100 million in new business investments
SHEPHERDSVILLE, Ky. (WDRB) -- The city of Shepherdsville is working to keep up with the current business boom by searching for traffic and housing solutions.
Mayor Curtis Hockenbury said in the last two years, the city has seen $102 million in investments, 20 new business and 1,100 new jobs. There are also five other new businesses awaiting approval.
“We’ve got the growth by leaps and bounds,” Hockenbury said. “And you have to stay ahead of the curve. I don’t want to look where we’ve been. I want to look at where we’re going.”
Along with the growth comes added traffic. So the city has approved a plan to realign traffic lanes in the Keystone Crossing area, a busy corridor with new shops and restaurants off I-65. Hockenbury said the city also intends to work with Frankfort to consider upgrading State Road 44.
“I’ll get calls saying they sat in traffic going through Shepherdsville 20 or 30 minutes,” he said. “You have to deal with the quality-of-life issues for the people here.”
Hockenbury said another area investors are eyeing is along I-65. Gov. Matt Bevin will be making an announcement Thursday morning about a new interchange along I-65. Hockenbury said the hope is more developments will pop up with the easier access.
“There’s already partners and players that have reached out to me for that area,” he said.
As the city works on road and traffic improvements, Hockenbury said they also need to consider more housing options.
“I think that’s where we’re falling behind is affordable housing for all this job growth we’ve seen,” he said.
A couple developers are in the early stages of studying different possible sites for affordable apartment complexes or homes, Hockenbury said.
There are other problems expected to arise with the growth, like increased flooding. In flood-prone areas, Hockenbury said the city could consider raising the roads. But he said studies would need to be done, because they would not want the change to worsen flooding in other areas.
Another potential problem is more crime.
“With all this growth, you have to have a police department that stays on top of the crime,” Hockenbury said.
In the last two years, the Shepherdsville Police Department has hired more officers, added K-9s to the patrol division and created a Street Crimes Unit.
“I want to be on the list of 25 safest cities in Kentucky," Hockenbury said. "That’s my challenge to the police department."
With all the investments in road projects, business growth and public safety, Hockenbury said there are currently no plans to raise taxes or sewer rates.
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