Louiville Mayor Jerry Abramson says he’s not sure what the future holds for the proposed Center City entertainment district.
The project’s developer, Baltimore-based Cordish, has made some concessions on how many jobs they will create, where some of those workers will come from and how much they will build, but they still haven’t signed anything holding them to their promise to invest between $200 and $450 million in the entertainment district.
A Louisville Metro Council workgroup met Tuesday to come up with revisions to the Center City development agreement.
The future of the contentious Center City project in downtown Louisville is growing more uncertain. After the Metro Council postponed a vote Thursday to purchase land for the project, its developer, Cordish sent a letter to Mayor Abramson saying the inaction was unnecessary and other cities are waiting for projects similar to Center City.
The Louisville Metro Council has delayed action on the purchase of land for the Center City project until its next meeting.
The complex that housed the Colgate-Palmolive plant in Clarksville may soon change hands. Officials won’t say yet who has expressed interest in buying the property, but a sale agreement has tentatively been reached.
On Thursday, the Louisville Metro Council will vote on the final phase of land purchases for the proposed Center City entertainment district. The issue has generated some contentious exchanges among members of the Metro Council and the mayor’s office.
On the heels of national recognition, Louisville is working to keep West Main Street vibrant in the sagging economy.
The Louisville Metro Council will vote on the final phase of land purchases for the Center City project this week.
The Republicans who make up the Louisville Metro Council’s Minority Caucus have pledged to vote against further funding for the Center City project.