The City of Florence is collecting Valentine's Day cards and messages that will be forwarded to deployed military personnel. File photo | LINK nky

Florence, the most populous city in Boone County, unveiled its 2023 Annual Economic Development Report, which detailed the growth of its business community.

Released on Feb. 2, the report identified multiple development projects that were either completed, undergoing constriction or slated to begin. In total, Florence is home to over 2,000 businesses, according to the report.

“Our city flourishes by its welcoming and business-friendly atmosphere; we continue to grow in manufacturing, healthcare, hospitality, e-commerce, and tech sectors,” Florence Mayor Julie Aubuchon wrote in a press release.

Completed projects

The report highlighted 23 business development projects that were completed in Florence over the past year:

  • Ford’s Garage Restaurant.
    • 4911 Houston Rd.
    • Opened in Jan. 2023.
  • Dunkin To Go.
    • 7120 Turfway Rd.
    • Opened Feb. 2023.
  • Maple Street Biscuit Company.
    • 6785 Houston Rd.
    • Opened Mar. 2023.
  • Strive Health.
    • 4885 Houston Rd.
    • Opened Jan. 2023.
  • Builders Surplus.
    • 6825 Burlington Pike.
    • Opened Feb 2023.
  • Acapulco Seafood & Grill.
    • 7718 US-42.
    • Opened March 2023.
  • 19th Hole Golf Bar.
    • 8537 US-42.
    • Opened Feb. 2023.
  • Kentucky Farm Bureau.
    • 8730 US-42.
    • Opened Spring 2023.
  • Grain Design Flooring.
    • 7505 Dixie Hwy.
  • Target remodel.
    • 1100 Hansel Ave.
    • Construction completed in spring 2023.
  • Prime IV Hydration and Wellness.
    • 7653 Mall Rd.
    • Opened summer 2023.
  • Shelter Insurance.
    • 8120 Dream St. Suite D
    • Opened spring 2023.
  • Tapestry Turfway Park.
    • 4053 Houston Road.
    • 250 apartment units.
    • Construction completed summer 2023.
  • Boot Barn.
    • 7856 Connector Drive.
    • Opened summer 2023.
  • Hilton Garden Inn.
    • 205 Meijer Drive.
    • 3-acre development site with a 5-story, 78,384 sq. ft., 123 unit hotel.
    • Opened summer 2023.
  • El Taco Feliz.
    • 8211 US-42.
    • Opened spring 2023.
  • Klassy K-9.
    • 7901 Dream St.
    • Opened summer 2023.
  • Terrace Ct. Phase 4
    • Cedar Terrace.
    • Construction is complete on five new living units in the Phase 4 addition to the Terrace Court development.
    • Project completed in summer 2023.
  • Southern Trade Company.
    • 8123 Connector Dr.
    • Opened summer 2023.
  • Easterseals Redwood.
    • 7627 Ewing Blvd.
    • Opened summer 2023.
  • Derm Aesthetics.
    • 8275 Ewing Blvd.
    • Opened Sept. 2023.
  • Clothes Mentor.
    • 7842 Connector Dr.
    • Opened Oct. 2023.
  • AT&T.
    • 7841 Mall Rd.
    • Construction completed summer 2023.
  • Lens Crafters.
    • 7841 Mall Rd.
    • Construction completed summer 2023.
  • Pawsitively Purfect Salon & Boutique.
    • 8133 Connector Dr.
    • Opened August 2023.
  • Tru Healthy Spot.
    • 8001 Dream St.
    • Opened Nov. 2023.
  • DLUX Nails and Spa.
    • 8529 US-42.
    • Opened Nov. 2023.
  • Fyzical Therapy and Balance Centers.
    • 8640 Haines Dr. Suite A.
    • Opened July 2023.
  • Unique International Market.
    • 8125 Connector Dr.
    • Opened Sept. 2023.
  • BIBIBOP Asian Grill.
    • 6785 Houston Rd.
    • Opened Dec. 2023.
  • Big Red Appliance and Mattress.
    • 7931 Dream St.
    • Opened Dec. 2023.
  • Jot India.
    • 4998 Houston Rd.
    • Opened Jan. 2024.

Under Construction

The report detailed 20 development projects currently underway in Florence:

  • Drury Inn & Suites.
    • 7915 US-42
    • Construction underway on Drury’s nine-story, 187 room hotel.
    • Anticipated completion is summer 2024.
  • St. Elizabeth renovating Florence campus.
    • 4900 Houston Rd.
    • Florence campus redevelopment project accommodating the hospital’s Orthopedic Service line is nearing completion.
    • Improvements to the parking lot are set to take place in the spring.
  • CarMax.
    • 8050 Holiday Dr.
    • A new 24,000 square feet building is under construction.
    • Construction scheduled to be completed by spring 2025.
  • Freddy’s Frozen Custard & Steakburgers.
    • 4990 Houston Rd.
    • Construction is underway on a new Freddy’s location in Florence.
    • Freddy’s is expected to open summer 2024.
  • Cayton Road Apartments.
    • Construction underway on the 155-unit, high-end urban apartment complex.
    • The project courted $25 million worth of capital investment.
    • Construction expected to finish in spring 2024.
  • Hannoush Jewelers.
    • 7911 Mall Rd. Suite A.
    • Hannoush Jewelers is moving from their longtime location in the Florence Mall.
    • The jewelers new location will feature a larger showroom with greater inventory.
    • Scheduled to open Jan. 2024.
  • Chin Fusion Restaurant and Sushi.
    • 7657 Mall Rd.
  • My Pets Vet.
    • 7610 Mall Rd.
  • Amazon last mile facility.
    • 7435 Industrial Rd.
    • A new 120,000 square feet building is under construction.
    • The project courted $60 million worth of capital investment creating 300 new jobs.
    • Scheduled to open summer 2024.
  • Hopeful Heights Townhomes.
    • Hopeful Church Road.
    • 63 townhomes to be constructed in nine separate units.
    • Construction scheduled to be complete spring 2024.
  • French Quarter Phase 4.
    • Orleans North Subdivision.
    • 50 residential homes to be constructed over the next two years.
  • Preston at Plantation Pointe.
    • Pointe Preston Drive.
    • Construction continues on Phase 2 of the Preston at Plantation Pointe Development.
  • Roy Rogers.
    • 7911 US-42.
    • Originally located on Mall Road, the new location is being constructed at the intersection of US-42 and Industrial Road.
  • Drees Weaver Road development.
    • Weaver Road.
    • 135 unit townhome development project.
    • Construction anticipated to be complete in 2024.
  • KPOT Korean BBQ.
    • 7888 Connector Dr.
    • Restaurant expected to open winter 2024.
  • Village Terrace.
    • 2011 Terrace Ct.
    • Construction of a 6-unit townhome project is underway on Terrace Court.
    • Construction anticipated to be complete Summer 2024.
  • Community Trust Bank.
    • 8660 Haines Dr.
    • Renovations are underway at the shuttered BB&T branch location on Haines Drive.
  • Prime Carwash.
    • 7600 Burlington Pike.
    • Project expected to open summer 2024.
  • Mi Cozumel.
    • 7484 Turfway Rd.
  • Industrial Road Fueling Station.
    • 7301 Industrial Rd.
    • Construction is underway on a new fueling station and restaurant at the intersection of Industrial Road and Dixie Highway.
    • Project expected to finish in spring 2024.

In the pipeline

Finally, the report highlighted seven upcoming development projects:

  • Residence Inn.
    • Meijer Drive.
    • Residence Inn slated to construct a seven-story, 124 unit hotel.
    • Construction scheduled to begin spring 2024.
  • Plantation Luxury Flats.
    • Cavalry Drive.
    • Mixed-use residential development with first floor retail.
    • Construction anticipated to start spring 2024.
  • Hive Salon.
    • 1100 Bill Wentz Dr.
    • 5,600 square feet salon.
    • Construction anticipated to begin spring 2024.
  • Farmview Commons.
    • US-42 & Farmview Drive.
    • Commercial real estate development seeking an anchor tenant.
  • Freedom Brewery and Pickleball Ranch.
    • Freedom Way.
    • 12,000 square feet indoor/outdoor brewery will be joined by a six court pickleball facility behind the Florence Yall’s stadium.
  • Wingstop.
    • 7753 Mall Road.
    • Wingstop will be opening a new carryout location on Mall Road.
    • Anticipated to open in spring 2024.
  • Marydale Property
    • Houston Road.
    • Vinings Trace, LLC, a subsidiary of Cincinnati-based Western and Southern Financial Group, plans to create a mixed-use space for office buildings, apartments, restaurants, medical facilities, educational institutions, and more.
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