Perspectives from members of the Real Estate and Building Industry.

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Presentation 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 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 Fork Ohio River Waterfront Olmsted Parks System Jefferson Memorial Forest 100-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 3 rd 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 Business District 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 % of U.S. Population will be aged 65+ Lifestyle changes increase demand for mixed use developmen ts

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 Louisvil le 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