Mixed-Use Space
Iron Quarter Redevelopment of 100 Block Announced
Cobalt Ventures has announced an ambitious redevelopment plan for seven properties in the 100 Block of West Main Streetm adjacent to the proposed Louisville Arena. The 50 million dollar development, Iron Quarter, will include a restoration of the properties' historic facades as part of a mixed-use development consisting of 110,000 square feet of retail space and 120,000 square feet of office space in a new multi-story tower. The project is intended to re-energize both the Main Street and Washington Street frontage. Iron Quarter is scheduled to be completed prior to the Arena's opening in 2010.
Museum Plaza
The most recent proposed addition to our downtown's landscape is downtown’s largest mixed-use project, designed as a striking architectural statement that will dramatically alter the skyline and add vitality and character to the entire downtown community.
Museum Plaza is envisioned to be a 62-story three-legged building incorporating luxury condominiums, loft apartments, office space, a Westin hotel, retail space and a contemporary arts museum floating 24-stories above ground in an "island on the sky".
This $490 million project is still in development. However, the plans reflect an increase in interest to live and work in an urban setting, be able to walk to restaurants, shops, a Broadway show, and to feel the camaraderie of neighbors, who increase day by day in the new downtown neighborhood.
Sharing the public plaza with the Muhammad Ali Center, residents and visitors will be able to experience other cultural, museum, and entertainment venues in Museum Plaza. Find out more at: http://www.museumplaza.net/
The Henry Clay
Located at the southwest corner of Third and Chestnut Streets, this $20 million rehabilitation of the old YWCA elegantly restores one of the city’s most grand historic buildings.
The lower floors will house commercial and event space. The Grand Ballroom and the Elks Room will be preserved and renovated to their former glory. Also available to the public will be a two-story rooftop garden carved out of the fourth and fifth floors. Upper floors in the building will provide 70 units of residential space encompassing both rental and for sale units.
The project also includes property that extends east to Fourth Street, which will become a public piazza, and the historic Wright-Taylor Building on Fourth Street, which will contain a new downtown restaurant.
The Henry Clay is being developed by: http://www.citypropertiesgroup.com/
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