LOUISVILLE, Ky. (WDRB) -- A development project similar to Norton Commons is being planned near Prospect.

According to our partners at Business First, Louisville developer Kevin Cogan says he's planning to develop a 107-acre site along Factory Lane off the Gene Snyder Freeway.

He says he plans to rezone the site for mixed-use development, including office complexes, apartments and retailers along with homes.

Cogan has a contract to buy the property currently owned by St. Joseph Catholic Orphanage Society.

The development is expected to cost up to $200 million and five years to complete.

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