Bowling Green, Kentucky

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Bowling Green is a town in Warrren County in the U.S. state of Kentucky.

Population Trends: Population change for Bowling Green totaled 5,585 over 50 years, from 1,251 in 1950 to 6,836 in 2000. The largest decennial percent change was 63 percent between 1950 and 1960, followed by increases of 58 percent and 50 percent over the next two decades. The 2006 Census estimate for Bowling Green was 7,453 residents, which ranked 41st among Kentucky's incorporated cities and towns.

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Bowling Green Community News...

Fairmont Properties out, Investors Equity in

May 25, 2008--Fairmont Properties was apparently removed as the lead investor in Bowling Green's flailing downtown development plan. Because future taxes from private investment must be sufficient to pay for a baseball stadium, parking garage and performing arts theatre, the project must be larger (and generate a higher stream of private revenues).

“We just had an excellent meeting with them (Investors Equity), and we’re very pleased with how things looked from their perspective,” (Mayor Elaine) Walker said. “The benefit for us is that they are actually looking at increasing the scope of that project, which would increase the revenue. It would be a little bit higher density."

Could Fairmont have wanted out of this project because it sees the handwriting on the wall: Financing is more expensive, credit markets are more skittish of projects with questionable revenue models and the proponents keep changing the plan. Something smells fishy.

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Portions of this article were taken from Wikipedia, the free encyclopedia under the GNU license