The Louisville area is one of the country's 50 hottest regions for corporate relocation or expansion, according to a survey released by Expansion Management Magazine. 

Louisville ranked 31st on Expansion Management magazine's list of "America's 50 Hottest Cities." 

The magazine surveyed more than 80 prominent site consultants to find out which cities their clients find most attractive for relocation or expansion. Factors they considered include business climate, work-force quality, operating costs, incentive programs and the ease of working with local political and economic development officials. Read more.

Faulkner Real Estate Corp. has started construction of a second, 42,000-square-foot retail and office facility.

The $8 million building, which will have retail space on the first floor and office space on the second, is being constructed on a speculative basis and is scheduled to be completed in late August or early September. Read more.

The funding, which will be given to UK over five years, will be used to hire two full-time staff members for a clinical education center in Louisville.

The center, which will be located at the downtown Norton Healthcare Pavilion, will be used to educate fourth-year pharmacy students. 
 

Pinnacle Properties of Louisville LLC plans to develop a $10 million office park that will cater to professional users looking for condominium-style space.

Eastpoint Professional Park will consist of as many as 12 individual buildings with a total of 72,000 square feet.

Construction of the first building is expected to begin in May, and the entire project should be complete in about three years. Read more.

That's what Jan Helson, vice president of Helson Development Corp., is banking on with the new look of 626 E. Main Street, where her company is converting a 22-unit apartment complex at the site into four condominiums. 

The brick units, which average about 3,000 square feet, have an open, loft-style floor plan and come with many amenities.  Each condo will have a security system, hardwood floors, 15-foot ceilings, a landscaped courtyard, attached garages and private patios and/or rooftop terrace access. Read more.

Icon Properties LLC, a Louisville-based development and property-management firm, is developing a 29-acre site in Simpsonville.

Envisioned as a "gateway" to the city, Simpsonville Commerce Center will be a landscaped stretch filled with eateries, shops, hotels and other businesses that would serve both the interstate traffic and the town's growing residential base. Read more.