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City Center Development

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Heather Y

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City Center Development

by Heather Y » Fri Nov 14, 2008 5:00 pm

Just wanted to share an email update that I go today From Councilman Ken Fleming District 7



Metro Council Update

By now you may have read or heard on the radio or TV about what happened at the Metro Council meeting on November 6 regarding Center City. This project will be developed on what some consider the last remaining large tract of land in downtown Louisville. Many of us on the Council want to see the property developed but not by giving it away.



For two weeks, the Metro Council worked together in bipartisan cooperation to request more taxpayer protection in the $36 million giveaway of Metro funding and property. I was honored to serve on the task force that came up with several simple solutions for the development agreement that provided us, and the taxpayers, a better understanding of the use of the land, how Metro will release the land, and what we expect to see as a commitment in developing the land in terms of dollars, design and specified timeframe.



After days of discussion leaders of both parties, along with the Metro Council President, called on the Mayor to make specific changes to the development agreement between Louisville and the Baltimore based Cordish Group.



Unfortunately, less than two hours before the Council meeting, we were notified by the Administration that there would be no changes to the agreement and that the Council Democrats were going to force a vote. It was disheartening to witness two Democratic leaders take a call on the Council floor instructing them on what to do, what to say and how to vote. This disturbed me in that we have people on the Council who are not critical thinkers and believe in hand outs and not hand ups. My Republican colleagues and I tried in earnest to remind other council members of their previous commitments and comments but to no avail.



This development is positioned to create short-term construction jobs, but as presented in past Budget Committee meetings by economists, we are playing a shell game with local long-term permanent jobs. It was argued that this development is targeted to support high paying long-term jobs; however, there was no demonstrated empirical data to support these claims. This government fails to understand that being one of the highest most taxed communities in the country, subpar population growth, shuffling of jobs without significant increase and subjective and selective process inhibiting local businesses to develop and grow, makes it difficult to attract businesses, especially Fortune 500 or 1000 companies. I have witnessed an improvement in the entrepreneurial spirit with both startups and some established companies, but this government needs to do more to support this flame. Just think of the potential return of $36 million investment in attracting a Fortune 500 or 1000 company.



I sincerely wish the City Center property can be developed sooner rather than later but this government seems to lack the knowledge of how to address economic development issues and its health and it manufactures an artificial image to mask its deficiencies. Since the vote approved the sale of the property in order for the land to be developed, I will do my best to see that it is successful.
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Doogy R

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Re: City Center Development

by Doogy R » Sat Nov 15, 2008 2:05 am

Great food along with great company is truly one of lifes best treasures.
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Heather Y

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Re: City Center Development

by Heather Y » Sun Nov 16, 2008 2:07 pm

Doogie , which page are we looking at? on Skyscraper city?
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Doogy R

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Re: City Center Development

by Doogy R » Sun Nov 16, 2008 2:22 pm

Heather Y wrote:Doogie , which page are we looking at? on Skyscraper city?


Oops, sorry about that. 96, 97 and 98 all have a lot of good info on City Center. Just as LHB is almost always ahead of other local media pertaining to food and dining, I find Skyscraper City to be really on top of local development.

If you follow this link, you can find threads concerning the downtown arena, Museum Plaza and may other local projects. Right now so many of these are on hold because of the economic climate in our country. Hopefully some of them will get built. http://www.skyscrapercity.com/forumdisplay.php?f=425
Great food along with great company is truly one of lifes best treasures.
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Heather Y

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Re: City Center Development

by Heather Y » Sun Nov 16, 2008 4:33 pm

Thanks Doogy,
Skyscraper also shows links about Charlotte NC! That will help me keep up with one goes on right down the street from my son's dorm!
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TP Lowe

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Re: City Center Development

by TP Lowe » Sun Nov 16, 2008 9:24 pm

Doogy R wrote:Just as LHB is almost always ahead of other local media pertaining to food and dining, I find Skyscraper City to be really on top of local development.
5


I have to disagree with you about this statement. While I do watch Skyscraper City, I find it to be limited in terms of numbers of participants in the discussions, as well as a sporting a lot of postings that are rehashes of news that is available elsewhere earlier in the day ( in particular Business First). Having said that, there are a couple of really good posters on that site (as opposed to many, many good posters here).
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Aaron M. Renn

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Re: City Center Development

by Aaron M. Renn » Mon Nov 17, 2008 12:26 am

SSC has various city blogs, the quality of which varies by community. Louisville has a small core group, but a passionate one. The Broken Sidewalk guy (http://www.brokensidewalk.com) posts there, and that is one of the best city blogs anywhere, if a bit boosterish. I don't know how he keeps up.

The City Center project is disturbing, frankly. Have you read about the funding shortfall at the Power and Light District in Kansas City, another Cordish Development? Hawking the city's soul to an out of town company like Cordish to create an uber-4th St. Live is not how to have a great city IMO.
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Michael Sell

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Re: City Center Development

by Michael Sell » Wed Nov 19, 2008 1:39 pm

To paraphrase Stephen George, "If Center City is such a great deal, how come no other developers want it?" It sure seems that once Cordish gets its teeth in a city, they try to call the shots as far as anything the city does downtown. 4th Street Live is a joke, sad to say repeated in multiple cities. I can't believe that X2 is seen as progress.

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