Strict Standards: Declaration of Walker_Comment::start_lvl() should be compatible with Walker::start_lvl(&$output) in /home/uebersurfer/louisvilleloft.com/wp-includes/comment-template.php on line 0

Strict Standards: Declaration of Walker_Comment::end_lvl() should be compatible with Walker::end_lvl(&$output) in /home/uebersurfer/louisvilleloft.com/wp-includes/comment-template.php on line 0

Strict Standards: Declaration of Walker_Comment::start_el() should be compatible with Walker::start_el(&$output) in /home/uebersurfer/louisvilleloft.com/wp-includes/comment-template.php on line 0

Strict Standards: Declaration of Walker_Comment::end_el() should be compatible with Walker::end_el(&$output) in /home/uebersurfer/louisvilleloft.com/wp-includes/comment-template.php on line 0
Louisville Lofts and Condos » 2007 » September
Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1002

Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/uebersurfer/louisvilleloft.com/wp-includes/kses.php on line 1003

Archive for September, 2007

Kentucky Theater Renovation

Thursday, September 27th, 2007

The historic Kentucky Theater at Theater Square on Fourth Street is undergoing renovation.

George Stinson, who has co-owned the building with Ed Lewis for 15 years, has announced plans to turn the 12,000 square feet space into a market place, with six tenants (and all available space) already signed.   Three of the tenants should move in by Thanksgiving with the remaining tenants, including a gourmet grocery and deli, ready near the beginning of 2008.  The building has had many uses since it stopped showing films in the 1970’s.  Recently, it has been used by the Kentucky Theater Project.

Stinson and Lewis began work on the $1.5 million renovation project several months ago and the renovation is now about 50% complete.  The first phase should be complete by Thanksgiving and the entire project complete by early 2008.   With the continued revitalization of the Fourth Street area, as projects such as the Henry Clay are completed and the announced Louisville Center City District, they expect the new market place to meet success where others have failed.

This project will fill a key hole in the Fourth Street area and should continue the positive momentum in downtown Louisville development.

Museum Plaza Groundbreaking Set

Thursday, September 20th, 2007

A new date (October 25, 2007) has been set for the groundbreaking ceremony for the Museum Plaza project in the West Main district of downtown Louisville, KY.

The groundbreaking had been originally planned for Sept 27, 2007.   The developers are still working with the state to ensure that all approvals are received before construction can begin.   Some site preparation has already taken place to shore up the entryway to the project–a series of facades on West Main.

The total project cost is now expected to reach $490 million, an increase of about 5% over the previous estimate of $465 million.  Thus far, the developers have already spent $18 million on the project of their own money.

A sales center at 707 W Main St is expected to open in October, with a life-size artist’s conception of the views from the 25th floor, where the contemporary arts center is planned.  More than 370 people have already inquired about purchasing a residence within the building.   Tours for these interested persons are planned to occur before the public opening of the new sales center.

Downtown Louisville Housing Tour

Friday, September 7th, 2007

This weekend, on Saturday, September 8th, 2007, between 10 am and 3 pm, free tours of downtown housing will be offered, featuring 22 different projects, including lofts, condos and apartments.

Downtown trolleys, offered by TARC, will circulate along two different routes, to allow easy transportation between the featured projects, part of $2 billion in downtown investment that is currently planned or already under construction in the downtown Louisville area.

Louisville Downtown Management District is sponsoring the Housing tour. It begins at 4th Street Live in the Brown & Williamson tower lobby, where booths will feature downtown projects and include maps of the project locations on the tour.

Arctic Ice House Condos

Friday, September 7th, 2007

The former Artic Ice House on East Main Street has been purchased for redevelopment into 52 condominiums. The site at 217 E Main St is within a short walking distance of Slugger Field, Waterfront Park and several East Main restaurants and galleries.

The conversion will take place in phases, with the first phase (32 1-Bedroom condos) featuring the renovation of the 7-story structure, at an approximate cost of $3 million. The second phase (14 1-Bedroom and 6 2-Bedroom condos) will convert the one and two-story structures on site into condominiums and should be complete about one to two years after the first phase. The full basement with access to Washington Street will become the common lobby, fitness and entertainment area.

The redevelopment of the Ice House is being spearheaded by Dave Steinbrecher, owner of Derek Engineering, a general contracting company, and David Barhorst, head of SoFo Development and developer of Byck’s Lofts on Fourth Street.

One bedrooms are expected to cost between $189,000 to $215,000 with two bedrooms at approximately $299,000. There will be onsite parking available.

Financing is in place ($7 million from PRP Bank) and construction is expected to begin by year’s end.

Liberty Green Developers Chosen

Friday, September 7th, 2007

The city announced the development partners to build the next phase of the Liberty Green project, a redevelopment of the former Clarksdale Public Housing site into a mixed income residential area.

The Louisville Housing Authority has chosen Bill Weyland’s City Properties Group (developer of The Henry Clay and The Louisville Glassworks Lofts) and Holly Wiedemann’s AU Associates (developer of Artek Lofts in Lexington) to develop up to 380 units for sale over the next decade. Currently, about 120 rental units have been developed, with over 100 already occupied.

The first project, 18 condo units along Hancock Street between Jefferson Street and Muhammad Ali Boulevard, may be completed by Fall 2008, pending financing. The three-story rowhouses will be priced from $120,000 to around $300,000, according to Weyland.