Plans
Projects in the works include the conversion of the former Big Four railroad bridge into a pedestrian and bicycle only bridge, the construction of a wharf along the Riverwalk Trail, and the Ohio River Bridges Project, involving the reconstruction of Spaghetti Junction (the intersection of I-65, I-64 and I-71) along with the addition of a new bridge for northbound I-65 traffic.
On August 19, 2007, city leaders and the Cordish Company, developers of 4th Street Live!, announced Center City, a $442 million, multi-year plan to develop 23 acres (93,000 m2), bounded by Second, Third and Liberty streets and Muhammad Ali Boulevard, that will include new housing, restaurants, a cinema and a boutique hotel. An estimated 500,000 square feet (46,000 m2) of floor space being created, including a 15-story structure. As the plan would require $130 million in local and state tax rebates for Cordish, it requires approval from the Louisville Metro Council and Kentucky General Assembly. There is no official start time for the project, as financing is still being secured by the Cordish Company.
Also announced in 2007, the glass and steel $50 million shopping and office complex Iron Quarter was to be constructed within the Whiskey Row Historic District, but the project was delayed and eventually set aside when property owner Todd Blue made an agreement with the city of Louisville in January 2011 to demolish the seven original buildings. In May 2011, after all seven buildings had been landmarked, a new agreement was made with the city to save five of the seven buildings by donating one and selling the other four, with the remaining two to be demolished. Facades of all seven buildings are to be preserved.
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Famous quotes containing the word plans:
“The important thing about travel in foreign lands is that it breaks the speech habits and makes you blab less, and breaks the habitual space-feeling because of different village plans and different landscapes. It is less important that there are different mores, for you counteract these with your own reaction- formations.”
—Paul Goodman (19111972)
“In order to become spoiled ... a child has to be able to want things as well as need them. He has to be able to see himself as a being who is separate from everyone else.... A baby is none of these things. He feels a need and he expresses it. He is not intellectually capable of working out involved plans and ideas like Can I make her give me...? If I make enough fuss he will...? They let me do ... yesterday and I want to do it again today so Ill....”
—Penelope Leach (20th century)
“A father ... knows exactly what those boys at the mall have in their depraved little minds because he once owned such a depraved little mind himself. In fact, if he thinks enough about the plans that he used to have for young girls, the father not only will support his wife in keeping their daughter home but he might even run over to the mall and have a few of those boys arrested.”
—Bill Cosby (20th century)