Real-Estate

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Got Two Cents on the Iron Quarter? Mayor Fischer Offers His Reasons

Amid the dinners, speeches, ribbon cutting and ground breaking of the first month of the Fischer administration, there’s this one pebble in the proverbial shoe that has thrown many out of step with City Hall. Dubbed the Iron Quarter, by developer Todd Blue of Cobalt Ventures LLC, several structures at the mouth of the Clark Memorial Bridge  known as Whiskey Row a.k.a that embarrassing block of doomed buildings at the gateway to our city, could become a parking lot in a matter of days. The opportunity to go from asphalt to high-rise is apparently on the table. Buzz of a hotel development…


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Bye Bye Borders

Louisville’s retail real estate market just took a really big hit — two prominent and huge Borders stores will be closing as a result of the parent company’s bankruptcy filing. The biggest gap may be downtown, where a 23,000 SF Borders anchors Fourth Street Live. Let’s start the speculation now — will the city’s economic development staff offer up some cash to Cordish to put something in there to keep a black hole from developing in the middle of the city’s major tourist attraction? Let’s just wait and see. Given the flack Jerry Abramson and the Metro Council caught for…


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The great fence at the Great Lawn

They’re already charging us money to put air in our tires. Airlines smile when they shake us down for putting luggage on planes. Now Kentucky Derby Festival President and CEO Mike Berry and his board is getting in line to make the taxpayers of Kentucky pay to sit on the Great Lawn to watch Thunder Over Louisville.  If that last sentence doesn’t raise an eyebrow, then check your pulse. The first announcement was that Iroquois Park was eliminated from the Mini Marathon course. That was absurd enough, since the park was part of the tradition of the run, and since the south-end neighbors…


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Highlands Loses Another Gem–Swanson Reed Gallery. A Few Words from Reed

It is with a troublesome burden that I am writing about another tenured business closing in the Highlands neighborhood. When I saw the 30% OFF banner across the window of the Swanson Reed Gallery, I felt as if it were a big white flag of surrender. It may have been but this battle was hard fought to the end.  One of the most eclectic pit stops on 31-E, the 1377 storefront was just shy of 30 years and too young to die, in my opinion. January 2011 did not get off to a very happy new year for several merchants…


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Roundup: Why We’re Fat, Louisville

You feeling it? Warmth, sunshine. Coming this weekend. Meanwhile, you should, but won’t, attend the Car-Free Happy Hour tonight at Browning’s. Here’s some top hits from the news. . . Big Daddy on Whiskey Row: Greg Fischer is not going to take my suggestion and make Todd Blue offer Frank Faris a spot for a new Ginny’s Diner on Whiskey Row. But couldn’t he at least not write in the deal that Blue can operate a parking lot there for 5 years? Or say that if does, that Blue himself has to stand out there in the street waving cars…


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New Crack in Cracker Barrel Plan

Something else has come up in developer Chris Thieneman’s quest to bring Valley Station residents a new Cracker Barrel, and what eventually happens could escalate or cool off a long-simmering feud with city government. After years of having his Dixie Highway development plan blocked by neighbors, Thieneman last month finally brought his plan for Cracker Barrel to a successful approval at the Metro Planning Commission. At that point, the only obstacle would be an objection from neighbors, and two promptly filed their intent to protest the approval, setting back the plan for months, or years. But Thieneman persuaded the neighbors,…


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Can you believe it… Positive News for Louisville Home Sales!

Tonight there is some encouraging news for Louisville homeowners. New Louisville home sales numbers for January 2011 show the number of homes going under contract up some 14% over January of 2010. Not impressed, oh but you should be. Remember we had a first time and a move up buyers tax credit in effect last year. Add to that January weather was terrible! I can personally tell you it’s no fun slipping and sliding into and out of driveways and walkways. So 14% is a respectable number for homes going under contract. The rest of the news for Louisville homeowners…


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Trader Joe’s… another reason to Love Louisville?

I’ll admit I’ve never been to a Trader Joes but I’ve heard plenty about them! In fact a roar of approval went up around my office today when we read that they might be considering Louisville as an expansion city. The two operative words here “read” and “might”. Now follow this…. The Courier Journal’s Chris Otts’ quoted a Business first story by John Karman that “Several sources, who asked not to be identified, have told Business First that the Monrovia, Calif.-based chain — one of the hottest retailers in the country — plans to bring a store to Shelbyville Road…