Upscale apartment building near Louisville Slugger Field aims for millennial appeal
Carlisle said in addition to millennials, the building might also appeal to people over 50 who want to down-size.
Plans for the project filed on Nov. 14 with Louisville Metro Planning & Design include some “minor changes” following a neighborhood meeting in Butchertown on Nov. 10, Carlisle said.
The site – about 1.4 acres between Main, Clay and Washington streets – is at the western edge of the Butchertown neighborhood. It includes 15 parcels owned by Trompeter Realty Group, and a few old buildings whose facades will be incorporated into the development.
While the Butchertown Neighborhood Association has not yet taken a position on the project, BNA president Andrew Cornelius applauded the addition of modern housing and density.
“We hope this will be a catalyst for Main Street to go back to more commercial and residential instead of that sort-of light industrial use” that currently prevails, Cornelius said.
A big plus, Cornelius said, is that all of the parking for the building (380 spaces, according to plans) will be off-street in a partially underground garage. It also helps, he said, that the building is right on the boundary between Butchertown and downtown – just on the other side of Interstate 65 from Slugger Field.
“I don't think they would support a 7-story development in the middle of Butchertown,” Cornelius said, referring to current residents.
Carlisle's group is already working in Louisville with the Norton Commons Veranda project.
“When we started that, we started looking at other parts of Louisville and really felt in love with the urban core,” he said.
Financing for the $48 million building is not finalized, but should not be a problem, Carlisle said. If city approvals go smoothly, work could start in “late spring” 2015 and the building could open in the fall of 2016, he said.
The Butchertown Architectural Review Committee will likely take up the plans in mid-December, said Jessica Wethington of Metro Planning & Design.
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