Artist rendering of The Prestonian
Artist rendering of The Prestonian, a series of apartment complexes in Louisville's Phoneix Hill by LDG Development.
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The new development was announced Monday morning. It's called Lou 2.2 and there are 10 complexes in the plan.
Louisville Mayor Craig Greenberg has set a goal to build 15,000 affordable housing units over the next four years.
LDG received $10 million to create 145 affordable housing apartments within the development.
