Downtown Louisville

7:11 am
Sun September 1, 2013

Recalling Stewart's Department Store Amidst a Fourth Street Revival

Credit Submitted photo

One afternoon last week I was pleased to see that a chain link fence has been erected around the old Stewart’s department store building at the corner of Fourth Street and Muhammad Ali Boulevard. Once the busiest corner in the city when downtown was the center of shopping and movie-going for the region, the building has stood empty for seven years, ever since Hilliard Lyons moved its headquarters to the PNC Tower. The fence is a sign that some construction is about to begin on the site, and that’s great news.

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Local News
7:07 am
Thu July 18, 2013

Apartments, Lower-Prices Could Boost Downtown Louisville Residency Rate

Credit Google Maps

Downtown Louisville lags behind similar cities in the number of housing units added since 2000.

If it wants to catch up, the cost to rent or buy downtown housing space must decrease.

Louisville could realistically add 2,500 residential units to downtown in the next 10 years—but the thinking has changed on who's the most interested buyer, according to a draft study released this week by the Downtown Development Corp.

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Planet Money
12:47 pm
Tue July 9, 2013

NYT Excerpt: Can A Casino Save A Struggling Town?


Originally published on Tue July 9, 2013 11:56 am

In his New York Times Magazine column this week, Adam Davidson writes about the economic consequences of legalizing gambling in Ellenville, NY. Here's an excerpt.

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Local News
7:10 am
Fri May 31, 2013

Angel's Envy Bourbon Gets $800,000 in Incentives for Possible Downtown Louisville Distillery

Credit Angel's Envy

The distiller behind Angel’s Envy bourbon has been approved for as much as $800,000 in state incentives to build a distillery in Louisville.

The state incentives will last for as many as 10 years for a distillery that would create 40 new jobs with a payroll of about $1.5 million. The craft bourbon distillery’s owners have plans to invest $10 million in a building and equipment.

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Local News
1:02 pm
Fri April 5, 2013

Mayor Greg Fischer Cautious About Cordish's Revised Center City Project

Original Center City mockup.
Credit Metro Government

Remember five years ago, when the Louisville Metro Council and then-Mayor Jerry Abramson fought over the Center City project?

Center City was to be a retail-focused expansion of the 4th Street Live entertainment district bounded by Second, Third and Liberty streets and Muhammad Ali Boulevard.

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Local News
8:23 am
Sun January 20, 2013

What Would a Downtown Casino Do for Louisville?

Will Louisville roll the dice on a downtown casino?
Credit Creative Commons

Suddenly, something that didn't seem possible became, however slightly, a possibility.

In an interview with WFPL, Mayor Greg Fischer said downtown Louisville would be a good spot for a casino.

"That could change a whole lot of the dynamics downtown," Fischer said earlier this month.

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Local News
10:58 am
Wed January 9, 2013

Ice Cream Shop, Bar and Deli Heading for Whiskey Row Area

Credit Creative Commons

A deli, a bourbon bar and an ice cream shop are opening soon on the corner of Third and Main streets, says developer Al J. Schneider Co.

They'll be called, respectively, 21deli, Down One Bourbon Bar and 2 Dips & a Shake. 

Here's the descriptions of each, in Al J. Schneider Co.'s own words:

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Local News
10:56 am
Thu December 20, 2012

The Leading Man, Regalo Among Six Shops Opening on Fourth Street

South Fourth Street
Credit Joseph Lord/WFPL

Mayor Greg Fischer's office has announced six new retailers for the South Fourth Street corridor in downtown Louisville -- citing a study that says downtown has thus far reached only 52 percent of its retail sales potential.

The announcement Thursday was touted as a successful public-private partnership between the city, business owners and the Louisville Downtown Development Corporation, which commissioned a market study that showed "you can double your retail potential downtown if its done right," said Alan DeLisle, executive director of LDDC. 

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