Iron Quarter to revitalize East Main Street
Thursday, March 22, 2007
FOX41
It was on Tuesday we first told you about the plans to rebuild the 100 block of West Main Street. The development called Iron Quarter is a $50 million project.
Right now that block of Main Street is an area of rundown buildings just east of the $350 million arena project. But those buildings will be getting a major facelift during the next couple of years. Thursday the formal annoucement came with the governor and mayor on hand, along with developer Todd Blue who will head the project.
Blue told Fox 41 News that without the arena project there would be no Iron Quarter project.
The iron facades of the buildings will remain as part of the re-developement. But the project will include a new office tower, retail shops, restaurants and a parking garage. Blue says, "This is a lifestyle center. The Iron Quarter will be a brand. It's a neighborhood of great things to do, to buy, to eat, shop. Shopping, shopping, shopping. Lifestyle center, nationally-renowned, unique retailers, we will come through on promises that other developments haven't in the past when they said they would bring new things that aren't currently in Louisville. We will be doing that, we're excited about making the announcements of those in the next weeks and months to come."
Blue says construction should begin by the end of the year with completion three tosix months before the arena completion set now for 2010.
