Louisville Commercial Real Estate News Brief: March 2018

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In the latest edition of our monthly news brief, JLL’s regional team curates the top commercial real estate industry articles impacting Louisville.

Louisville Unveils Strategic 20-Year Growth and Development Plan

Louisville Metro Government released its comprehensive 20-year plan focused on land use, growth and development in the region through the year 2040. The new plan builds off of Cornerstone 2020—the plan used to guide the region from 2000 to 2020.

The 20-year plan focuses on walkability, green space, varying methods of efficient transportation along with a heavy focus on affordable housing development. Other pieces of the plan put emphasis on the potential redevelopment of vacant or abandoned lots and housing.

Businesses, residents, community organizations and more also have the opportunity to influence the plan by joining work groups and attending public forums around the topics of mobility, livability and environment, community facilities and more.

More Louisville Headlines

  • The $28 million investment project in Paristown Pointe has grown by an additional $6.5 million as developers plan a food hall, bar and entertainment space. Some phases of the project are expected to be complete as early as this spring.
  • A new industrial spec building is planned for Louisville’s 6,000-acre River Ridge development. The project would span 250,000 square feet and is expected to take eight months to complete.

Photo Credit: David Grant