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Certain eastbound lanes of River Road, between Second and Third Streets, will be closed to vehicle traffic until at least January.
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The arena is kicking off the celebrations with fan-focused events and community engagement starting this month through December.
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The measure allows other projects in downtown Louisville to seek the same types of tax subsidies the arena uses
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The economic impact study, which measured arena-related spending from 2014 to 2023, was presented to the Louisville Arena Authority this week.
The court was purchased by the Louisville Arena Authority.
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Ulmer led a group that recruited the team that became known as the Louisville Redbirds to town in the early 1980s.
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Waterfront Park would receive $10 million in state funds for its expansion of the park to the west along the Ohio River.
The KFC Yum! Center, which opened on Main Street in downtown Louisville in 2010, is planning an 11-part concert, 11 special community events and 11 other themed contests and giveaways to celebrate it's 11 anniversary.
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Saturday's show was the first event at the arena since the pandemic began that required concert goers to show proof of a COVID-19 vaccination or a negative test.
It is the first event at the KFC Yum! Center to require the restrictions.