perspectives from members of the real estate and building industry
TRANSCRIPT
Perspectives from members of the Real
Estate and Building Industry
Recognized internationally as a tourist destination and all
around cool city!
A Wi-Fi City for all to access technology of the
future.
New bridges abound with I-265 crossing @
Dixie Highway and two additional local bridges in the downtown area.
Internationally known as a City of Parks because of the investment in:
Parklands of Floyds ForkOhio River WaterfrontOlmsted Parks SystemJefferson Memorial Forest100-Mile Loop
Transformative Housing Options abound allowing people to live near where they work if they choose.• Near Parklands Floyds Fork
• Higher Density Suburban In-fill such as Holiday Manor, Whittington Parkway, Downtown Middletown, Jeffersontown and Dixie Highway
• Revitalized residential neighborhoods rebuilt with City efforts in Central Western Louisville
• Edge Downtown
Infrastructure investment in older urban areas - think
Park Hill Neighborhood - have allowed for Louisville
to become internationally
recognized as a hi-tech manufacturing
hub!
The Hurstbourne and Shelbyville Road Corridor Employment Center, including the Cities of St. Matthews,
Lyndon, Jeffersontown and Middletown, is recognized worldwide
in the same way as the Research Triangle in North Carolina, now
employing 200,000!
A high traffic/volume transit system connects the airport to
UofL to downtown in a fast growing, hi-tech job center
The Regional Sanitary Sewer System has been operating for 10 years,
furthering our reputation as a Green Community
The Kentucky Colonels NBA franchise just finished its 3rd World Championship
Season and U of K and U of L were both in the
final four in basketball, all with record attendance!
Need for New Central BusinessDistrict Product
Job Growth Leads to Demand
Absorption Will Precede New Construction
New Properties will Elevate Existing
Buildings
More advanced transportation. System of Light Rail and Monorail. Moving more than people. Connect the airport with alternate parking and connect the airport with Riverport, Bullitt County, River Ridge and Clark Maritime Center.
State and Federally Funded projects that are determined locally.
Veterans Hospital locates on property that can
accommodate expansion for over 100 years.
More and Better Event Space at the KY Expo Center with better parking and access.
More Dense Urban Development
Look near East, South and West. Clifton, SoBro, Portland, Parkland, Limerick, and along the River. Think Green.
More Bridges. Complete the I-265 Snyder / Hamilton Loop into Harrison County.
Very Affordable Housing in the Urban Core.
Micro Living.
New Codes.
Quality urban amenities equal to, or better than, the suburban
areas to attract residents.
Bigger, Smarter, Better Educated
Metro
What if we said yes?
….our competitors did!
Population of Louisville and Competing Cities
A Community that says YES to big ideas…. •NBA•Airport hubs•Tax incentives and zoning•Revitalized schools•BRIDGES
Convergence of Economics and Demographics
Millennial Generation
Negative Population Growth
Better Understanding and
Need for Multi-Family
Housing
By 2030 - 19% of U.S. Population will be aged 65+
Lifestyle changes increase demand
for mixed use developments
Build denser and build up in
appropriate areas
Utilize existing infrastructure
Impact of the Public School System on Growth and Economic Development
Job Growth – Increased
Opportunities for all
Be mindful of the
Increase in Income Growth
Louisville is the BEST place to Live, Work, and Play
Infrastructure Investment
Local roads
Establish a Regional Sewer District
Rework the Code to allow for sustainable and creative urban and suburban developments
Development Code
Regional Rail Connections
Build the Vision with Local Companies