Brown Bros. Cadillac dealership closed in mid-February of 2021 after more than 75 years in business.

Louisville leaders announced plans Monday to transform a downtown surface parking lot into 500,000 square feet of mixed-use development overlooking Louisville Slugger Field, a vision that project leaders say would "create a new neighborhood."

A recent study showed ways Louisville could increase its diverse and affordable housing options, placing more mixed-use developments in parts of town that currently lack them.