As reported by WFPL News, preservationists and city leaders held a press conference on October 28 to announce plans to turn Louisville's Paristown Pointe neighborhood (zip code 40204) into an arts and culture district.
The area is nestled between Smoketown, Germantown and the Highlands along Baxter Avenue and Broadway.
The Paristown Pointe Preservation Trust will apply for state tourism tax credits to fund the estimated $24 million project, according to a city news release. The project is dependent on such tax credits.
As reported by Business First Louisville, partners in the new development include Louisville Stoneware, The Kentucky Center, and Goodwood Brewing Company.
Improvements announced at today's press conference included:
Louisville Stoneware Co. will undergo a $6 million renovation of its Brent Street buildings, which are listed on the National Historic Register, to support community outreach programs aimed at engaging disadvantaged children in pottery classes.
Goodwood Brewing Co. will construct a $6 million brewery and tap room (location not announced).
And The Kentucky Center for the Performing Arts will construct a "new multi-purpose, flexible performance space that will further its statewide mission to provide on-site immersive arts experiences and resources to audiences of all ages."
“The Paristown Pointe development initiative gives us the opportunity to connect The Kentucky Center’s expertise in performing arts and venue management with this new space desired by artists and audiences alike,” said Kim Baker, president of The Kentucky Center for the Performing Arts. “While there is much work left to be done by those involved, The Kentucky Center Board and I are eager to move forward with the planning process for this project.”
In addition to commercial developments, the city is planning to contribute $1.6 million for streetscape and sidewalk improvements.
“I want to commend the Paristown Pointe Preservation Trust for this effort to bring another section of our downtown back to life. This project will once again remind everyone that retail, neighborhoods and green spaces can be revitalized in Metro Louisville,” said Metro Council President David Tandy. “Like NuLu and Main Street, we cannot forget the importance of Broadway and Barret Avenue as part of our urban core. We must make sure it is vibrant and healthy.”