Business is booming in Lexington, KY’s fastest growing corridor — southeast Lexington, and the always booming Hamburg neighborhood.
Hit the Road
Commerce Lexington’s 2022 Tampa – St. Petersburg Leadership visit is set for May 11-May 13. Commerce Lexington’s 2022 Board Chair John Gohmann says “Tampa Bay’s regional economy has several similarities to Central Kentucky, and some key programs and initiatives that we can examine and compare ideas.” Register online.
Neighbor offers New Benefits Program
CHI Saint Joseph Health Partners, a care management company, has launched a health benefits program. CHI Saint Joseph Health Partners is offering Premier Program, a clinically integrated network through care coordination. The program is designed to help to assist local employers with customized control and administrative efficiencies. Care coordination aims to improve population health and lower employer health plan costs.
Dorothy Lockhart, vice president, CHI Saint Joseph Health Partners, says, “Our care coordination program is designed to meet the medical needs of each individual patient.”
The Wall Street Journal reports “Target said it plans to spend up to $300 million more this year on workers, which includes increasing pay and other benefits. Starting hourly wages at Target for store and supply-chain workers will range from $15 to $24, the company said.
According to WSJ, “A spokeswoman declined to share how many workers are likely to start at the high end of the range. Many national retailers set pay ranges for roles that adjust for the cost of living in certain markets, and warehouse workers tend to earn more than employees that work in physical stores. Over the past year, retail and warehouse worker wages have risen as competition for workers climbs in a tight labor market.
Cited in the same article, Costco has also announced plans to raise its starting wage to $17.50 per hour, Wal-Mart said in September it would increase its starting wage to $12 per hour, and Home Depot reported that while “labor expenses are up, so are profits and sales. The company’s profit rose more than 17% to $3.4 billion in the quarter ended Jan. 30, compared with the same period last year.”
There is no official word on wage increases for Target, Costco, Wal-Mart, and Home Depot in our neighborhood.
Neighbors on the Move
Longtime neighbors Jimmy’s Cuts salon and barber has moved from their Winchester Road location to their new space inside Hamburg’s Meijer’s.
Sunshine Grow Shop has moved down Richmond Road from their original space in front of Lowe’s. Panera has announced plans to build on the Richmond Road site in front of Lowe’s.
BUSINESS CALENDAR for Lexington April 2022
APR 6 Professional Women’s Forum luncheon: Kyra Elzy
APR 6 An Evening with Commerce Lexington
APR 14 Women Leading KY Roundtable Luncheon, Toa and Mike Green
APR 27 Women Leading Kentucky Networking, Willows at Hamburg
Recent NEIGHBORHOOD COMMERCIAL Real Estate Sales
1203-1205 E. New Circle Rd, Retail, $4,100,000.
2700 Old Todds Rd, Other, $800,000.
1795 Alysheba Way Unit 4107, Office, $295,000.
1795 Alysheba Way Unit 4207, Office, $295,000.
519 Darby Creek Rd Unit 7, Office, $217,500.
You can pick up the new edition of Hamburg Journal throughout southeast Lexington today. Call today to advertise in our next issue!