Museum Plaza Groundbreaking Set
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.
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