The Bycks Lofts mixed-use conversion on Fourth Street at Guthrie Green will soon be fully occupied. The 16-unit building’s penthouse has found a buyer and the remaining units have been filled with lease-to-own arrangements. (Read more about the project’s details in an earlier Broken Sidewalk article.) This marks an important milestone for the Downtown condo market as it demonstrates location sells. The Bycks Lofts has been one of only a handful of new projects in the core of Downtown and the only one we know of directly on Fourth Street.
As more people trend to call the central business district home, the more likely business will boom that will help fuel a cyclical growth process and eventually create a truly vibrant Downtown. The area surrounding Bycks Lofts has already seen quite a bit of improvement. Besides other mixed-used condos in the vicinity and the neon-lit 4th Street Live, the Theater Square Marketplace in the old Kentucky Theater offers some of everything the city dweller will need.
Retail space on the ground floor of the Bycks Lofts building could also soon be filled with a new local restaurant. Developer David Barhorst says he is in the final stages of talks with a Mexican restaurant who could occupy the space and a formal announcement will be coming later. He described the venture as a natural fit for Fourth Street and one that will benefit everyone who uses Downtown.
The Louisville Downtown Management District (LDMD) recently awarded Bycks Lofts a Cornerstone Award in late June. LDMD bestows the honor on notable businesses and developments that have invested over $1 million in Downtown Louisville. Bycks Lofts has been a leader recently in filling its units, an effort that has now resulted in a full building.
- SoFo Development (Official Site)
- Bycks Lofts (Official Site)
- Bycks Lofts On Fourth Street Ready To Go (Broken Sidewalk)