During the height of operations, the Pullman Shops employed 200 area residents. The shops were destroyed by fire on May 20, 1919.
In 1894, investors in the South Covington and Cincinnati Street Railway Company opened the Lagoon Amusement Park along Pleasant Run Creek west of the city. The creek was dammed, forming a large lake. Along the shores of the Lagoon were built park rides, assorted carnival amusements and many other attractions.
Ludlow experienced another building boom in the years following World War I. In the eastern end of town, the Morningside Addition was constructed along the south side of Highway Avenue. Much of the city's west end was also developed during this era on the former site of the Lagoon Amusement Park, which closed in 1918.