Community leaders in Madisonville and Hopkins County are continuing efforts to stimulate economic development, while sharing success stories of industry and retail recruitment at last week’s State of the Cities and County event hosted by the Hopkins County Regional Chamber of Commerce.
During the industry recruitment discussion, Judge-Executive Jack Whitfield shared that he and Mayor Kevin Cotton are planning ahead by making build-ready sites available for new companies.
click to download audioMayor Cotton noted that 4th District State Representative Wade Williams, who also serves as the president of the Madisonville-Hopkins County Economic Development Corporation, is working to secure state budget funding for an additional local build-ready site.
click to download audioHe added that their focus goes beyond attracting new businesses or bringing in large companies with hundreds of employees—they are also committed to supporting existing businesses and industries in the community.
click to download audioThe conversation then turned to retail development, with the new $30 million, 155,000 square-foot Madisonville Town Center leading the discussion.
Mayor Cotton explained that the new shopping center has made a significant economic impact on Madisonville, transforming the local shopping experience, with more money spent at Christmas time than the city has ever seen before. He emphasized that their efforts go beyond simply bringing in new businesses—they also focus on building relationships and supporting their needs.
click to download audioMayor Cotton said that, due to their success, they wanted to share these opportunities with other communities across the region and state. That’s why they launched the collaborative Kentucky Connections initiative at events, uniting cities to attract retailers and boost development prospects.
click to download audioHe noted that when they attend a show in May, representatives from 11 cities with decision-making local leaders will be present. This, he explained, is key because developers and investors can visit the Kentucky Connections booth—a one-stop shop—to connect directly with those who have the authority to make things happen.
This week, Madisonville gained national attention when the International Council of Shopping Centers featured the city because of its ongoing momentum and the partnerships that are driving progress in the community.
