Wednesday, April 16 2014 10:54 PM EDT2014-04-17 02:54:16 GMT
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LOUISVILLE, KY. (WDRB) -- The University of Louisville is expanding its Shelby Campus. University officials are working in conjunction with NTS Development to develop an office and research park at the east end location at 700 N. Hurstbourne Parkway.
The first building in the office park opened in 2012 and has been a big success.
Churchill Downs has its corporate headquarters in that building. Now construction on another building is under way on a second building.
The 125,000 square foot, four-story building will be located at Hurstbourne Pkwy and Porter Place, just north of Shelbyville Road. The new building's iconic, environmentally sensitive design will complement and expand on the innovative architectural vision delivered by the first building.
NTS President and CEO Brian Lavin said, "We are excited about the opportunity to continue the success we've had at 600 North Hurstbourne and to help the university fulfill their vision for Shelby Campus."
"It's another commitment of the University of Louisville to our community and to our economy," said University of Louisville President Dr. James Ramsey. "The most significant thing is that by starting the second building, it means our first building has been successful."
Ramsey says developing the under-utilized property will allow the U of L Foundation to bring in more revenue that could be used for scholarships and research.