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    January 13, 2022

    Louisville Real Estate Developers Fill Residential Needs Due to Population Growth

    Towards the end of last year, Louisville Q1 2022 developments started taking shape and as the city's population continues to increase, apartments are being built to meet demand. Notable redevelopment projects are also now in the works with most projects looking to be completed this year.

    Below is a breakdown of the major developments shaping Louisville.

    What’s New?

    1000 West Ormsby Ave Project - Vintage South Development has filed for a 32 acre, mixed-use development that will include retail, residential, hotel and other commercial uses. This filing is signaling a shift in Louisville’s development focus towards properties for the city’s newcomers.

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    1216 S 7th St Project - Alpha Holdings submitted plans to transform two buildings into commercial mixed-use developments that will include restaurants, retail and entertainment venues. It’s one of the most notable projects coming to the area, bringing more options for residents.

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    1391 Dixie Highway Project - Poe Co. files plans for 434,000 square foot office and warehouse space on 28 acres. The estimated time of completion is the first quarter of 2022. This is another move that suggests the industrial real estate market is up and coming in Louisville.

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    900 Baxter Ave Project - Real estate firm Weyland Ventures plans to rehab three buildings on Baxter Ave and convert them into a 65 room hotel, restaurant and mixed use development. This project is yet another redevelopment in the works in Louisville.

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    Louisville Trending - Discover the major growth drivers and trends that are affecting the real estate industry in Louisville and how the city’s rising population indicates development potential.

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    [Ebook] Download How to Cut Real Estate Development Costs by 2-6%  to uncover  how top development firms are pulling away from the pack.

    Exciting Projects in Louisville

    719 Lynn St Project - Jeff Underhill and Matt Delen are repurposing an old 1920 community center into 18 condos and 23 two-story homes, projected to cost $11 million. One of Louisville’s top developers is looking to add to the series of redevelopments in the region.

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    4717 Manslick Rd Project - The Marian Group is working on a $38 million 180-unit apartment complex project set to be completed in late 2022.

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    5604 Mt Washington Rd Project - Highgates Development is planning to build a 434 unit residential development.

    Read Morecut real estate development costs

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