Louisville is experiencing something of a residential boom as we enter 2016. Hundreds of new apartments are popping up in the city’s urban neighborhoods seemingly every week, from Germantown to Downtown and Clifton to Butchertown to Nulu, there’s no shortage of privately developed housing just wrapping up or just getting started.
We rounded up 16 of the most exciting apartment projects taking shape across Louisville and listed them below. While each individual development by itself might have a dozen or a hundred units, when you add them all up, we’re talking some serious numbers. These 16 projects alone comprise over 2,500 new residential units. We’re building a city here.
1. Germantown Mill Lofts
Developer: Underhill Associates
Location: 946 Goss Avenue
Neighborhood: Schnitzelburg
Number of residences: 187
One of the most exciting renovations in the city is shaping up in Schnitzelburg. Underhill Associates have been converting the former textile mill into the Germantown Mill Lofts, and the results have been stunning. The first tenants have already begun moving in and developers are rolling out the rest of the building in phases this year.
Read more from Broken Sidewalk2. Bradford Mill Lofts
Developer: Marian Development Group
Location: 1034 East Oak Street
Neighborhood: Germantown
Number of residences: 150
Ask anyone in town: Germantown is having a moment. Construction will begin soon on a major conversion of the Bradford Woolen Mills into 150 loft-style apartments. The older brick building will house one-bedroom units while the newer concrete site will have two-bedroom residences. A pool and community space sits in between and a restaurant is even planned along Oak Street.
Read more from Broken Sidewalk3. Main & Clay Apartments
Developer: Bristol Development Group
Location: 637 East Main Street
Neighborhood: Butchertown
Number of residences: 260
The Main & Clay apartments are under construction on, you guessed it, the corner of Main Street and Clay Street in Butchertown. The 260-unit, seven-story development is pricey but it includes underground parking and some of the most luxurious amenities Louisville has ever known. Nashville’s Bristol Development Group is incorporating the facades of four old buildings into the building’s design.
Read more from Broken Sidewalk4. 800 Tower City Apartments
Developer: Village Green
Location: 800 South Fourth Street
Neighborhood: SoBro
Number of residences: 286
Detroit developer Village Green is taking on one of Louisville’s mid-century masterpieces. The company is converting the 29-story tower built in 1963 into some of the most modern apartments in the city. Village Green is restoring some of the old, like the facade and a long-gone fountain, and adding a bit of the new, like a ground-floor restaurant and a rooftop yoga studio.
Read more from Broken Sidewalk5. Starks Building
Developer: Hudson Holdings
Location: 455 South Fourth Street
Neighborhood: Downtown
Number of residences: 100
Florida-based developer Hudson Holdings has big plans for the Starks Building at Fourth Street and Muhammad Ali Boulevard. The company announced last year that the mixed-use renovation will bring 200 hotel rooms, 100 apartments, and a lot of retail including rooftop bars. This one should bring some real vibrancy to South Fourth Street.
Read more from Broken Sidewalk6. Fincastle Building
Developer: Taurus Capital Management
Location: 305 West Broadway
Neighborhood: Downtown
Number of residences: 40
Built in 1927 with skyscraper ambitions, Downtown’s Fincastle Building at Third and Broadway is undergoing a conversion from office space to 40 apartments over retail. Developers are keeping mum on the details, but this is an exciting project for making Downtown a more walkable place to live, work, and play.
Read more from Broken Sidewalk7. Phoenix Hill Apartments
Developer: Edwards Companies
Location: 648 Baxter Avenue
Neighborhood: Phoenix Hill
Number of residences: 280
Slated for the site of the former Phoenix Hill Tavern, the so-called Phoenix Hill Lofts will bring some serious urban energy to the northern end of the Highlands. Most of the massive complex will be built on surface level parking lots, but a few houses and historic commercial buildings will make way for the 280 apartments over retail. The facades of one house and one commercial building will be incorporated into the design.
Read more from Broken Sidewalk8. Mercy Apartments
Developer: Edwards Companies
Location: 1170 East Broadway
Neighborhood: Original Highlands
Number of residences: 200
Although we’re bummed that the Mercy Apartments will take out the beautiful former Mercy Academy Convent on East Broadway in the Original Highlands, we’re happy to see 200 new apartments elbowing up to the street to create a feeling of being in a city. The project was the first announced in the area by Columbus, Ohio–based Edwards Companies, and it’s expected to get under construction this year.
Read more from Broken Sidewalk9. Ice House Lofts
Developer: Mike Schnell and Dave Steinbrecher
Location: 217 East Main Street
Neighborhood: Downtown
Number of residences: 29
Since the project was first announced eight years ago, construction progress has repeatedly been put, well, on ice. Construction picked up in a big way last year and the Ice House Lofts are well on their way to occupancy. The project includes 29 apartments over retail and event space.
Read more from Broken Sidewalk10. 111 Whiskey Row
Developer: Main Street Revitalization
Location: 111–115 West Main Street
Neighborhood: Downtown
Number of residences: 12
Despite a heartbreaking fire last year that all-but-leveled the historic Whiskey Row Block, developers are pushing forward with plans for a mixed-use conversion of three former whiskey warehouses into retail, office, and 12 apartments. Stabilization work is ongoing to repair what’s left after the fire and a new structural system will later rise behind the historic bones. The development is next door to another exciting project, the future home of Old Forester Distillery, directly west of this site.
Read more from Broken Sidewalk11. Axis Apartments
Developer: Cityscape Residential
Location: 1373 Lexington Road
Neighborhood: Irish Hill
Number of residences: 300
Once planned as a strip mall, a forlorn patch of land sandwiched between Beargrass Creek and Lexington Road will up the density in Irish Hill with 300 new apartments. No retail is planned and the area isn’t the most walkable yet, but with this kind of influx of people, surely good things will follow.
Read more from Broken Sidewalk12. Amp Apartments
Developer: Milhaus Development
Location: 2030 Frankfort Avenue
Neighborhood: Clifton
Number of residences: 93
The Amp Apartments just wrapped up construction on Frankfort Avenue. Developed by Indianapolis-based company Milhaus, the project brings 93 new residences to the bustling Clifton neighborhood. Built on the site of a former parking lot, a new urban presence completely changes the streetscape along this part of Frankfort Avenue.
Read more from Broken Sidewalk13. Omni Residences
Developer: Omni Hotels & Metro Louisville
Location: 400 South Second Street
Neighborhood: Downtown
Number of residences: 225
Only the top half of the 30-story, $300 million Omni Hotel & Residences will be residential. The other half is, of course, the hotel. Despite a fraught public review process, this mega-development will change the face of Downtown Louisville, pushing development momentum east to the largely ignored Second Street corridor. A groundbreaking has been set for the end of January, but it’ll be a little while before tower cranes punctuate the city skyline.
Read more from Broken Sidewalk14. Waterside at RiverPark Place
Developer: Poe Companies
Location: 1500 River Shore Drive
Neighborhood: Waterfront
Number of residences: 162
The second apartment building at the massive riverfront development known as RiverPark Place is up and running. The 167-unit Waterside West has been completed and occupied for a while now, but the 162-unit Waterside East is brand new and welcoming residents to the brave new world on the waterfront. Development will continue at RiverPark Place as retail and more residential towers and apartments buildings are planned for the site.
Read more from Broken Sidewalk15. 310 @ Nulu
Developer: City Properties Group
Location: 310 South Hancock Street
Neighborhood: Nulu
Number of residences: 173
City Properties Group’s 310 @ Nulu apartments are helping connect Nulu to Louisville’s Medical Center in a big way. City has been developing market-rate housing and apartments in the Hancock Street corridor for years, but this is by far the group’s largest to date in the area. Located on the corner of Jefferson and Hancock, 173 new apartments make Nulu an even more walkable place.
Read more from Broken Sidewalk16. Lofts on Hancock
Developer: City Properties Group
Location: 601 East Jefferson Street
Neighborhood: Nulu
Number of residences: 12
We know it better as the Louisville Chemical Building, a grand corner commercial structure deteriorating for over a decade on the corner of Hancock Street and Jefferson Street. The building will soon see new life as the Lofts on Hancock after Bill Weyland’s City Properties Group gets ahold of it. Plans call for 12 apartments over retail.
Read more from Broken Sidewalk
I’ll give you a pass on the slideshow since this was such a good article
love the Bradford Mills illustration. Great composition and color.
Almost 40% of the multifamily building permits issued between 2011 and 2013 are outside the Gene Snyder. Meanwhile, there is still a shortage of affordable housing. Make no mistake, we’re still building sprawl here.
Josh: What is your definition of “affordable housing”? Affordable to whom? Do you mean publicly subsidized, non market rate housing for the poor? “Affordable” can mean very different things to different people.
I’m not sure what Josh means by his comment, but in following most of these developments it seems as if almost all of them, with the exception of Germantown Mill Lofts (I believe, I know some of the studios are meant to start at a bit more than 600) are advertised as luxury apartments with prices to match. It seems like there are very few developments anywhere coming up that are charging the median rent. It just seems like developers aren’t making buildings in that price range, probably because it doesn’t make sense financially. That is certainly the case for single family homes where most of the growth in building post 2008 has been for the luxury market? In the past did developers make multi-family housing that wasn’t luxury or far out in the suburbs? Will this ever be the case or is new construction just too expensive?
Jeff, affordability metrics are well defined and universal. see http://htaindex.cnt.org OR http://portal.hud.gov/hudportal/HUD?src=/program_offices/economic_resilience/location_affordability
There are over 17,000 people currently on the waiting list for Section 8 housing with the Louisville Metro Housing Authority.
good wrap up…come join us in Germantown/Schnitzelburg where everything is in walking distance and everyone is friendly!
Overbuilt. Will never rent them.