March 2008

Welcome to eFYI, your exclusive monthly e-newsletter from Greater Louisville Inc. - The Metro Chamber of Commerce. As one of our valued partners, you can count on eFYI to cover the topics and issues of most interest and benefit to you. Share your comments and ideas with us any time at VFisher@greaterlouisville.com.


$2 million appropriated for hand-transplant program
Getting plugged in: eMentoring Program hooks up high schoolers with GE engineers
Choice office space filling up downtown
Feeling stressed? You must not live in Louisville
Rise of the super-mayor
Smoking ban brings dramatic improvement in air, study says
Insight on Alzheimer's
U of L spinal injury research center gets federal grants
Upscale restaurant set to open downtown


$2 million appropriated for hand-transplant program

U.S. Rep. John Yarmuth, in conjunction with the University of Louisville, Jewish Hospital & St. Mary's HealthCare and Kleinert, Kutz and Associates Hand Care Center PLLC, announced a $2 million federal earmark to further research and development for the program that performed the nation's first hand transplant.

The composite tissue allotransplantation, or CTA, program was developed jointly by physicians and researchers with U of L, JHSMH and Kleinert, Kutz and Associates. The program performed the first three successful hand transplants in the United States. Read more.


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Getting plugged in: eMentoring Program hooks up high schoolers with GE engineers

 There has been much ado during the past three decades about the straggling math and science scores of students in the United States, leaving them to play catch-up with their foreign counterparts -- particularly those in Asian countries.

As a result, an increasing amount of precedence is being given to the link between industry and education.
In Louisville, a direct connection is being made between pre-engineering students at Jeffersontown High School and a group of engineers with GE Consumer & Industrial. The GE eMentoring Program provides an electronic forum for the students to interact with the engineers, giving them insight on a variety of topics, from college and career choices to current class projects. Read more.


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Choice office space filling up downtown


Top-quality office space is filling up in downtown Louisville, but a number of commercial projects planned for the next couple of years are expected to ease the tight market.

If current lending standards weren't so strict, broker Rick Ashton of Commercial Kentucky said there likely would be even more office projects in the works for the downtown area.

Commercial Kentucky reported a 4.9 percent vacancy rate for Class A space in downtown Louisville at the end of 2007 -- well below the 10 percent rate at which Ashton said tenants would still be able to find space and landlords wouldn't be fretting about empty square footage. Read more.


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Feeling stressed? You must not live in Louisville

Louisville is among the least stressful metro areas in the country, according to the results of a study published this week by Bizjournals.com, the online division of Business First parent company American City Business Journals.

"Possibility City" is No. 19 on a listing of the 20 least stressful metro areas.

Bizjournals created a 10-part formula to rank the stress levels in the 50 largest metros using data collected by several government agencies and private firms. The measures include unemployment rates, murder rates and average commute time. Read more.


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Rise of the super-mayor

 Jerry Abramson's domain is six times bigger and contains twice as many people as it did in 1985, when he first claimed his city's top office. The longest-serving mayor in Louisville's history now oversees not just urban areas, from the old rubber plants to the newly hip Butchertown, but suburban subdivisions and farms. And still Mr. Abramson's influence grows. It now extends almost as far as it is possible to see from downtown's National City Tower; it even reaches across the Ohio river into southern Indiana.

Until recently Louisville seemed to be following the path of many industrial cities. Its factories were shedding workers. Middle-class whites were drifting to the suburbs and beyond. Between 1960 and 2000 the city's population dropped from 391,000 to 256,000. For the city to prosper, Mr. Abramson realized, it must work with its neighbors. Ever since he took office the relationship has become closer.
In 2003 Louisville joined forces with surrounding Jefferson county in the biggest such merger since the 1970s (Indianapolis and Nashville, for example, also have consolidated city-county governments). Mr. Abramson, who had served his three terms as city mayor, easily won the top job in the new "Louisville Metro." Since then he has streamlined public services and accelerated the redevelopment of downtown Louisville. The city's core is dotted with new museums. A planned cluster of towers designed by OMA, a fashionable architectural practice, will be Kentucky's tallest. In a forthcoming report for the Brookings Institution, a Washington, DC, think-tank, Carolyn Gatz and Edward Bennett commend it as a model for other recovering cities. Read more.


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Smoking ban brings dramatic improvement in air, study says

 Air quality at several Louisville businesses has improved dramatically since a comprehensive smoking ban went into effect in July, according to a new study.

The results of the study come after a previous study by the University of Kentucky showed a partial smoking ban had little effect on lowering the amount of toxins in the air.
Researchers from UK's College of Public Health performed the most recent study on air quality at 10 Louisville entertainment venues in December, measuring the levels of "particulate matter 2.5," microscopic toxins most often linked to secondhand smoke.
It found they had fallen 97 percent since the ban took effect July 1. Read more.


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Insight on Alzheimer's

University of Louisville genetics researcher Eugenia Wang, who has been studying age-related diseases for 30 years, has developed a technology that could lead to a simple blood test for Alzheimer's disease.

Her microarray chip technology allows researchers to analyze microRNA -- tiny molecules she calls a "dimmer switch" for human genes that contribute to degenerative diseases.
The discovery by two U.S. scientists of RNA's role to silence certain genes won the 2006 Nobel Prize for medicine. Wang's research builds on that discovery, using her system for screening genetic material to identify and detect microRNA patterns linked to Alzheimer's. Read more.


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U of L spinal injury research center gets federal grants

 Elizabeth Fust was not yet 40 when a spinal-cord stroke stole her ability to walk, dress herself and be the active person she had been.

"I was a perfectly healthy 38-year-old," said Fust, a Louisville attorney. "Then, instantly, I'm paralyzed."
In the two years since, she's gradually regained control of her torso and more of her independence through therapy at Frazier Rehab Institute. And recently, she came to the University of Louisville to support researchers announcing they had received millions of federal dollars that could help people like her in the future.
Researchers at U of L's Kentucky Spinal Cord Injury Research Center received three grants from the National Institutes of Health totaling $4.7 million that they hope will lead to new therapies for people with spinal-cord damage and conditions such as stroke and Alzheimer's disease. Read more.


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Upscale restaurant set to open downtown

The majority owner of Z's Oyster Bar and Steakhouse plans to open Z's Fusion at Fourth and Market streets, where Kunz's restaurant had been located until a year ago.

Occupying a high-profile corner across from the Kentucky International Convention Center, the new venture will feature "creatively prepared, elegantly served" continental and Asian cuisine. It will lease 10,000 square feet on the ground level of the state-owned Cowger Garage. Read more.


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