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SUBJECT: 2018 LOUISVILLE BUSINESS SURVEY SUMMARY <br />DATE: AUGUST 23, 2018 PAGE 2 OF 2 <br />Moving into the topics part of the survey, transportation was the first topic requesting <br />responses. Results were mixed as to whether the transportation infrastructure impacted <br />their business. Those that responded the infrastructure impacted their business, 43.8% <br />said they were dissatisfied and 45.3% were neutral. The write-in responses elaborating <br />on the transportation impacts were generally about several topics: <br />Lack of public transportation options (noted mostly in the CTC) <br />General volume of traffic (particularly on Highway 42) <br />Lack of parking (mostly noted about the downtown area) <br />Housing and amenities was the next topic asked for input and 67% of respondents <br />stated the cost of housing was not sufficient to attract and retain employees. <br />Responding businesses did say Louisville has an appropriate amount of amenities for <br />employees (55% agreeing and 21 % being neutral). Small community vibe, downtown, <br />and the City's open space were the quality of life factors receiving the highest <br />responses. <br />Several reasons were given for what would cause you to move your business out of <br />Louisville. The responses fell into a few main categories: <br />• Rent and expenses increasing dramatically <br />• Difficulty finding leasable space that meets needs and is affordable <br />• Challenges to attract the needed workers <br />• Housing affordability and availability <br />• High tax burden <br />Most respondents have not had a business retention visit (only 5 of 93 respondents <br />had). Of the five that stated they did, only one was dissatisfied with the meeting. <br />Moving on to communications questions, respondents were mixed on whether Louisville <br />was doing a good job of marketing itself to businesses. They did generally agree the <br />city does a good job of communicating with the local businesses. Respondents were <br />mixed as to their utilization of the Louisville Chamber of Commerce. <br />Lastly, several comments were received for the final `catch all' question to end the <br />survey. Feel free to read them as they cover too many topics to summarize in this <br />review. <br />Agenda Packet P. 22 <br />