LOUISVILLE, Ky. (WDRB) -- New Albany Mayor Jeff Gahan says he's making plans to save Pillsbury and develop downtown living in the city.

"We're finally functioning as a city and doing the things cities can do when we create density," he said.

He says part of that is providing more downtown living. That includes a planned $16 million development at the former Coyle property.

Gahan says it will include nearly 160 apartments, 6,000 square feet in retail space, and lots of amenities meant to attract young professionals and small families.

He also touched on the possible loss of Pillsbury. New Albany is offering tax incentives to keep General Mills in the city, but says they have yet to get a response.

"It's not just 450 jobs or 490 jobs," he said. "It is the the ripple effect that it has on the entire community." 

Gahan says the city is already working on plans to help place those employees in new jobs if Pillsbury does leave.

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