Minutes after an announcement was made that Governor Beshear would join Mayor Abramson and Museum Plaza developers Craig Greenberg, Steve Wilson, Laura Lee Brown, and Steve Poe for a press conference coming up this morning at 10:00, rumors have been circulating around the web that the 62-story, iconic, mixed-use project by Joshua Prince-Ramus of REX New York whose hyper-rational approach generated the building’s unique form could be back from “indefinite” hiatus.
The Architect’s Newspaper revealed the story to an international audience of architects yesterday (with a few kind words about our own little blog) with word that a tipster reports a HUD loan could come into play. The C-J got an early interview with Craig Greenberg yesterday evening who said there will be an exciting announcement about financing that that some of the project’s components have been reconfigured including replacing some of the residences with a second hotel. Greenberg is optimistic as always.
Besides the large kunsthalle-museum in the sky 22-stories in the air, Museum Plaza calls for a mix of condos, apartments, a Westin hotel, office space, retail, and a large park. Expect some clarification of these elements today along with financing news.
WHAS 11 News is also reporting that financing plan is “moving forward” and construction could be restarted by fall.
Construction began in 2008 on the tower, but was soon halted due to vibrations caused by foundation work that threatened to harm nearby historic buildings. When I was working in one of those 19th century structures back then less than a block away, the vibrations were fairly severe. A new foundation plan was engineered to reduce those issues but the project stalled amid the recession before construction resumed.
Here are some photos I took way back when of construction at the Museum Plaza site.