June 2007
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Blue Equity buys leading NFL agency
City given $1 million to help clean Park Hill area
Sullivan University to buy office building to house new School of Pharmacy
21c makes Condé Nast Traveler hot list
Ethanol plant coming to Riverport
Fleur de Lis condo project downtown generates strong sales
Blue Equity buys leading NFL agency
Blue Equity, which launched a sports agency business last year by buying the former SFX tennis, events and television divisions, has acquired the firm of top NFL player agent Joel Segal, who counts Reggie Bush and Michael Vick among his clients.
The acquisition will bring 50 NFL player clients to Louisville-based Blue Equity and will instantly mark the firm as a major player in representing athletes in the most popular sport in America. Read more.
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City given $1 million to help clean Park Hill area
The second time was the charm for Louisville's effort to secure a federal grant to help clean old industrial sites in the Park Hill area.
U.S. Environmental Protection Agency officials announced that Louisville will get $1 million for a revolving loan fund that will support cleaning sites contaminated by hazardous materials.
The grant fits in with the city's Park Hill comprehensive planning effort, which includes studies on a master plan for mixing housing and industry, improving transportation and a market analysis. Read more.
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Sullivan University to buy office building to house new School of Pharmacy
The Sullivan University System Inc. again is expanding its campus -- this time to accommodate a college of pharmacy that it plans to launch next year.
Louisville-based Sullivan has a deal to buy the Nolan Building, a 75,000-square-foot office property located on 5.6 acres.
A three-story, 18,000-square-foot addition will be built on the north end of the building, to house most of the College of Pharmacy, which will include two, 100-seat multimedia-equipped auditoriums, a compounding laboratory, two research labs and an admissions office.
Sullivan officials hope to have the addition completed by the end of summer 2008. Read more.
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21c makes Condé Nast Traveler hot list
21c Museum Hotel has been named to Condé Nast Traveler's hot list. The magazine's annual list highlights top new hotels around the world.
21c, a 91-room boutique hotel located on Main Street in downtown Louisville, is among 138 properties included on the list, and is the only hotel featured from the southeastern United States.
The hotel doubles as a museum for 21st century art and has a 5,000-square-foot exhibition space. Guest rooms include mint julep cups, iPods with custom music and 42-inch flat screen televisions. Read more.
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Ethanol plant coming to Riverport
For the People LLC, an entity formed by a Corydon, Ind., family, has decided to locate a $75 million ethanol production facility in Jefferson Riverport International.
For the People plans to acquire 16 acres in Riverport and build a 60,000-square-foot facility. The project will create 60 full-time jobs. Read more.
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Fleur de Lis condo project downtown generates strong sales
With construction barely out of the ground at the $27 million, 82-unit Fleur de Lis on Main condominium complex, sales are exceeding its developers' expectations.
Contracts have been signed for 25 units, about 30 percent of the total.
Strong sales have been attributed to several factors, especially growing interest in urban living.
The Fleur de Lis condos, costing from $240,000 to more than $550,000 and ranging from 1,000 to 2,000 square feet, will have a rooftop garden, two courtyards with water elements and landscaping, and retail and commercial space.
The first units are scheduled to be ready for occupancy by spring 2008. Read more.
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