U of L Health Sciences TIF approved
The University of Louisville has outlined an investment in its new Health Sciences Campus totaling about $2.2 billion and expected to result in about 8,700 new jobs in the life and health sciences. The new taxing district will cover about 30 blocks including the University of Louisville downtown medical facilities and surrounding areas that are to be developed into a life sciences research park. With the approval of the taxing district now finalized, the first investments in the area will begin with the former Haymarket site. The plans have long called for a research campus to be developed on the now empty site. Ground is now expected to be broken next summer in June or July on a 10-story tower on Preston Street between Jefferson and Market that will include about 210,000 sf costing about $35 million.
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