The building’s developers have been working with city and state officials to put together an application for a $100 million loan from the Department of Housing and Urban Development. The loan would come from HUD’s Section-108 program. Twelve-hundred such loans have been distributed since 2008. Officials say the loan poses no risk to the state, as the developers have pledged to repay it.
One of the developers of the Museum Plaza project in downtown Louisville says his team remains “as committed as ever” to completing the $490 million project. Craig Greenberg discussed the project Thursday during an appearance before the Louisville Metro Council’s Labor and Economic Development Committee. Ground was broken on the 62 story complex at Eighth… Continue reading Museum Plaza Developer Addresses Metro Council Panel