South 4 Lofts looking south on Fourth Street. (Courtesy 5G Studio)
South 4 Lofts looking south on Fourth Street. (Courtesy 5G Studio)
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A large student housing development near the University of Louisville in the Lucky Horseshoe neighborhood is moving forward. The project, formally announced last fall as Belknap Crossings, is being developed by the Owen family with Metro Council member Tom Owen and his wife Phyllis Owen (who hold a majority 51 percent stake) and their children Andrew Owen and Elisa Owen.

Plans for the seven-acre site include 220 living units for up to 650 students, 20,000 square feet of retail space, and 850 parking spaces under the building and in a garage. Belknap Crossings was designed by 5G Studio from Dallas and could cost $40 million.

Now, according to the Courier-Journal, the Louisville Metro Council voted (sans Owen) to approve rezoning the site from M-2 Industrial to EZ-1 Enterprise Zone. The project could break ground this summer and open in in the fall of 2013.

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Branden Klayko

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