© Comprehensive Economic Development Strategy 2018-2023 by KIPDA

S.W.O.T. Analysis

KIPDA conducted an analysis of the region's strengths, weaknesses, opportunities, and threats or challenges, known as a SWOT analysis. The analysis includes the feedback from KIPDA's various regional committees, elected officials, and other stakeholders from the community on what they identified to be areas of priority for each of the categories. 

The SWOT had 56 respondents from all seven counties- Jefferson, Bullitt, Spencer, Shelby, Henry, Oldham, and Trimble. The respondents also ranked regional service priorities, economic development strategies, and capital improvements. The top five regional service priorities are: Affordable Housing, Infrastructure Improvements, Workforce Development/Job Training, Entrepreneur Support/Small Business Development, and High Speed Internet Availability/Access. The full list of rankings are displayed on the following page.

 

The results of the SWOT & Public Surveys are listed below:

Photo provided by JCPS

Photo by New Directions Housing Corporation

Photo provided by WFPK

Photo provided by The Courier-Journal

Strengths

  • Schools

  • Recreational Opportunities

  • Community Involvement

  • Arts & Culture

  • Dining & Leisure Options

  • Interstate Access

  • Geographical Location 

  • Bourbon Tourism 

  • Cost of Living 

Weaknesses

  • Affordable Housing

  • Access to Mass Transit 

  • Funding Availability 

  • Sprawl 

  • Lack of Skilled Workforce 

  • Food Deserts

  • Services for Elderly 

  • Aging Infrastructure

  • Living Wage Employment

  • Racial and Economic Segregation

Opportunities

  • Tourism

  • Workforce

  • Agriculture

  • Local Food Economy

  • Infrastructure Investment

  • Multi-Modal Transportation 

  • Bourbon Tourism

  • Infill Development

Threats

  • Aging Infrastructure 

  • Lack of Affordable Housing

  • Decrease in Funding for Community Based Services 

  • Opiod Epidemic

  • Income Disparities

  • Lack of Skilled Workforce

  • Poverty

Pubilc Survey Results

Photo provided by Insider Louisville

NuLu Festival along East Market Street in Louisville, Kentucky