Louisville Metro Government’s plan to revitalize the Park Hill industrial corridor has been made public.
The plan calls for the 14 hundred acre area southwest of downtown to be made more environmentally friendly through infrastructure improvements and incentives to attract green-collar jobs.
“Right now it’s really difficult to go through the corridor because a lot of streets are one way, they cut off an end, there are train tracks,” says Mayor’s spokesperson Chris Poynter. “So there are several plans to improve the transportation in the area. There are also plans to attract business and industry there by incentivising them.”
Friday the mayor’s office announced projects to improve roads, sewers and energy efficiency over several years. The plan costs about 2.5 million dollars. Poynter says additional investments will come from businesses that are attracted to the renovated corridor.
“Some of it will be paid by industries as they move in, but there’s a significant portion that the city’s going to have to invest over time if we really want to turn this corridor around,” he says. “Like I say, we’ve got infrastructure improvements, we’ve got to improve the streets, we’ve got to make it easy to get out of, go north, south, east and west.”
The city will hold a public meeting Monday to explain the details of the plan.