Mark R. wrote:
There actually has been a public outcry ever since Mr. Blue started letting the buildings deteriorate instead is trying to preserve them. They tried to get officials to force him to do minimal work to keep water out of the buildings without success. This was probably not done because of his political connections.
Sure there was, but where was it all the years before. Everyone was fine while they were sitting around with no plans for development or demo, but freaked out when Blue started talking about doing something with them.
Mark R. wrote:Up until this agreement was reached Mr. Blue was planning on demolishing all of them to make a giant hole in the buildings along main street for a surface parking lot. Only because of this agreement are any of them being saved and he is now planning and tearing down two of them for parking.
I haven't read that anywhere.
The original plans were this:
COBALT VENTURES, LLC AND TODD L. BLUE
ANNOUNCE “IRON QUARTER” AS FIRST SPORTS ANCHORED DEVELOPMENT NEAR ARENA SITE IN DOWNTOWN LOUISVILLE
Retail, Office and Dining Experience to be Constructed on Main Street for Projected Cost of $50 Million; Lifestyle-Oriented Shopping Proposed for 12-14 Story ‘Modern Vintage’ Complex
Louisville, KY – Cobalt Ventures, LLC, lead by urban developer Todd L. Blue, has announced plans to build the first sports anchored development in downtown Louisville called The Iron Quarter. The Iron Quarter will incorporate two thirds of the city’s Main Street block between First and Second Streets. As Louisville’s newest and most distinctive cosmopolitan experience, The Iron Quarter will serve as a major gateway into downtown and will encompass retail, office and dining options for the intellectually-savvy urban consumer.
With a projected cost of $50 million, The Iron Quarter will preserve the character of the existing time honored architectural building facades for the retail experience punctuated with a new office tower rising from a state-of-the-art parking structure. Iron Quarter is being designed as an authentic and pedestrian-oriented, multi-use complex with a ‘modern vintage’ feel. More than 500 parking spaces will be incorporated into the context of the building with designated areas for commercial tenants, retail shoppers, valet service and concierge amenities.
http://www.ironquarter.com/fresh_press/pr1.html
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