I recently attended a presentation at the Lexington Bluegrass Association of Realtors about the economic impact created by the Ft. Knox Base Realignment (BRAC) program positioning Ft. Knox as the headquarters for all U.S. Army Human Resources.
Brad Richardson, who is the Executive Director for One Knox was the presenter. Mr. Richardson has a long list of credentials, one of which is the past Director of Louisville Economic Development. The Mission Statement of One Knox is: To serve as the central coordinating community agency that helps the region respond in the most positive way to growth opportunities at Ft. Knox.
The new Headquarters is 900,000 square feet and is 2nd only to The Pentagon. Ft. Knox is located in three counties- Bullitt, Hardin and Meade. Approximately 4400 Army personnel will be arriving at Ft. Knox. For the first time in the history of Ft. Knox the senior commander will be a 3 Star General and there are only 100 in the United States. The number of general officers at Ft. Knox will increase from 6 to 17.
This move is projected to bring 7,800 new jobs to the area including Military, Civilian and the Private Sector. In comparison, in 2009 the number of new jobs created in all of Kentucky was 6,687. It is projected that by 2012 the employment number will be 20,012 comprised of 10,515 Military and 9497 Civilian.
The impact of this move for the housing industry is HUGE! We will see significant positive financial impacts for the entire state of Kentucky. Sales of Louisville houses should surge as a result of Ft. Knox.
Mr. Richardson emphasized that it is “all about the soldier” so we must step up to the plate and do all we can to prove what a wonderful place Kentucky is to live.
To find out more about BRAC and Ft. Knox, visit Oneknox.com








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