Local News
5:00 pm
Mon June 25, 2012

U of L Begins Road to New Research Park

 

University of Louisville officials are continuing plans to develop a research park near the Belknap Campus.

In a ceremonial groundbreaking Monday, the project--located just North of Papa John's Cardinal Stadium--was unveiled and includes a new road and two bridges that will connect the research facilities with the rest of campus.

The research park will support engineering and applied sciences companies and researchers, much like U of L’s downtown research park supports health sciences research. The project will cost upwards of $30 million with a majority of the financing coming from the Kentucky Transportation Cabinet.

U of L officials hope construction of the road and bridges can begin later this year and wrap up in 2014. The new research park could take up to 20 years to complete.