Some Louisville business and civic leaders are urging the Metro Council to approve the final land purchase for the proposed Center City project downtown. A resolution to buy the so-called Water Block and lease it to the Cordish Company to extend the Fourth Street Live complex has been held up in the council amid concerns… Continue reading Council Urged To Approve 'Center City' Land Purchase
The Louisville Metro Council has given Mayor Jerry Abramson a list of revisions members want to see made to the proposed Center City project. The council wants some written assurances from Baltimore-based developer Cordish Group before purchasing the last parcel of land for the project.
A Louisville Metro Council vote to purchase land for the Center City project will likely be postponed again. The Council first postponed the vote two weeks ago so a work group could come up with revisions to the city’s development deal with the Baltimore-based Cordish Company. Under the current deal, the city will buy the… Continue reading Center City Vote Faces Further Delays
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 Republicans who make up the Louisville Metro Council’s Minority Caucus have pledged to vote against further funding for the Center City project.
After twice being tabled, an ordinance authorizing the purchase of land for Louisville’s Center City project has left committee. The measure will go before the full Metro Council next week. It gives the city the authority to spend several million dollars in bonds to purchase the so-called Water Company block downtown. The land would then… Continue reading Budget Committee Approves Center City Funds
This week the Louisville Metro Council could consider a resolution that would bring the Center City project closer to completion.