Real-Estate

18th and broadway

OneWest purchases block of properties at LouisvilleKY’s 18th and Broadway 

   Louisville, KY., – OneWest has entered into an agreement to purchase nine buildings and adjacent properties at the corner of 18th Street and West Broadway. This represents an investment in West End valued at over $1 million. The goal of this investment is to continue to support small businesses and make investments that generate sustainable economic development in the West End. “This is a significant moment for OneWest. We set out to drive commercial and retail development in the West End and with this transaction, we’re now empowered to do that. We believe this location will be the epicenter of…


metro logo

LouisvilleKY releases Housing Needs Assessment

Louisville, KY., – Louisville’s Office of Housing & Community Development (OHCD) and the Louisville Affordable Housing Trust Fund (LAHTF) have published a draft Housing Needs Assessment (HNA) that provides the city’s first in-depth analysis of housing stock across Louisville Metro. The assessment was done by Mullin & Lonergan Associates of Pittsburgh at a cost of about $100,000. The HNA, which will be updated every five years, was conducted to provide current, detailed housing data that helps inform potential strategies that Louisville Metro Government (LMG), the trust fund, for-profit developers and non-profit developers can use to identify potential policies and development…


Assorted 16 piece dark - Credit Cellar Door Chocolates

Cellar Door Chocolates to open new headquarters in LouisvilleKY’s Portland warehouse district

Growing confectionary company building out 12,000 square ft. custom space within the Heine Brothers’ Coffee building at 1301 W. Main LOUISVILLE, KY. – Cellar Door Chocolates, a premium chocolate confectionary company announced today a significant planned expansion of operations to meet growing demand.  The company, which was originally established in 2007, is crafting a new headquarters, production facility and tasting room within the Heine Brothers’ Coffee corporate office and roastery building at 1301 W. Main Street.  Cellar Door, known for its confections, including truffles, bourbon balls, brittle and caramels, will continue to operate its two retail studios at 1201 Story Avenue in Butchertown Market and 601A S. Fourth…


airbnb_horizontal_lockup_web

LouisvilleKY Metro Airbnb Hosts Earned $15.2 Million in 2018

LOUISVILLE, KY — Airbnb, the world’s leading community driven hospitality company, announced today that its Jefferson County/Louisville Metro host community earned a combined $15.2 million in supplemental income while welcoming approximately 124,000 guest arrivals to the region in 2018. This comes as locals increasingly embrace the home sharing platform as an opportunity to earn supplemental income and make ends meet. The typical Louisville Metro host earns about $4,300 annually in supplemental income. Yet, local data indicates that Airbnb and its host community appear to be complementing — rather than  competing with — the Louisville hotel industry. The Louisville Metro area is in the midst of a…


Metro logo

LouisvilleKY faces ‘devastating’ cuts in services

Mayor: Without new revenue, city faces “devastating” cuts in services because of Frankfort-mandated pension obligation Cuts would include every agency of Metro government, including police officers, fire stations, libraries and community services Louisville, KY., – Mayor Greg Fischer outlined specific and “devastating” potential cuts to city services and staff that would, without new revenue, be necessary to cover an expected $65 million budget gap over the next four years, caused by a state-mandated pension increase that grows every year through FY23. The potential cuts range from staffing reductions in nearly every Louisville Metro Government (LMG) department, including police, fire and…


Heine Brothers' Logo

LouisvilleKY’s Heine Brothers’ opens Location at State Street in New Albany

  Locally-owned fair trade and organic roaster will also host an official grand opening celebration Feb. 15 NEW ALBANY, Ind. –Heine Brothers’ Coffee, Louisville’s original fair trade and organic coffee roaster, announced today that its new location at 414 Daisy Lane and State Street in New Albany, IN is now open. The new spacious 2,000 square-foot café will be the company’s 16th location and will include a convenient drive-thru as well as an outdoor patio. Artist Monica Mahoney, best known for her art car creations for 21C Hotel including the red bejeweled limo, is working on a mural that will hang inside…


airbnb_horizontal_lockup_web

Airbnb delivers Metro LouisvilleKY nearly $1 million in local taxes

LOUISVILLE, KY —  Airbnb, the world’s leading community driving hospitality company, announced today that it delivered $955,000 in home sharing tax revenue to Louisville Metro in 2018 on behalf of its local host community. In March 2018, Airbnb and Louisville Metro jointly announced a tax agreement which allowed the home sharing platform to automatically collect the 8.5% transient room tax on behalf of the host community and remit the revenue directly to the city. The agreement delivered a new revenue stream for the city to capture the tourism benefits of more people visiting and experiencing Louisville thanks to home sharing. The agreement took effect on April 1,…


1405 west broadway warehouse

$34 million mixed-use development planned west of Ninth in LouisvilleKY

Louisville, KY.,  – Mayor Greg Fischer has announced the historic, long vacant warehouse located at 1405 W. Broadway has been acquired by the Housing Partnership Inc. (HPI) to be redeveloped into a $34 million mixed-use development. “This historic building has been a visible commercial marker of the Ninth Street divide and represented blight,” said the Mayor. “I commend HPI’s investment, which will bring this property back to the commercial vibrancy it once was for west Louisville and will attract additional investments along West Broadway.” Originally built in 1922 as the National Candy Co. Frank A. Menne factory, this property is on the National…


Michter's Fort Nelson Distillery

LouisvilleKY’s Michter’s Fort Nelson Distillery Opening Celebration on January 31st, 2019

LOUISVILLE, Ky.,  /PRNewswire/ — After years of restoration work, Michter’s Fort Nelson Distillery will have an opening celebration on Thursday, January 31st, 2019.  Public tours are scheduled to begin on February 2nd and can be booked at www.michters.com. Located at 801 West Main Street on Louisville’s Museum Row, the distillery is directly across the street from The Louisville Slugger Museum & Factory and down the block from The Frazier History Museum, which has been designated the Kentucky Bourbon Trail Welcome Center. The Fort Nelson building is an impressive example of cast iron and stone construction with Romanesque windows and a striking corner turret rising above its neighbors. First built in…


18th and Broadway

Troublesome LouisvilleKY intersection reopens

Realigned Dixie/Broadway/18TH crossing opened Louisville, KY – Mayor Greg Fischer this week  opened the newly realigned intersection of Eighteenth Street, Dixie Highway and Broadway to traffic. The realignment eliminated a traffic bottleneck where the three streets converge at a major West End development site. The $1.2 million project completed by TSI Construction last week rerouted Dixie Hwy slightly eastward to align it directly with Eighteenth Street. That got rid of a zigzag between the two streets that had required separate traffic signals at two intersections less than one hundred feet apart on Broadway, and connected them in a single intersection with…