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Perspectives from members of the Real Estate and Building Industry

Perspectives from members of the Real Estate and Building Industry

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Perspectives from members of the Real Estate and Building Industry. Recognized internationally as a tourist destination and all around cool city!. A Wi-Fi City for all to access technology of the future. - PowerPoint PPT Presentation

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Page 1: Perspectives from members of the Real Estate and  Building Industry

Perspectives from members of the Real

Estate and Building Industry

Page 2: Perspectives from members of the Real Estate and  Building Industry

Recognized internationally as a tourist destination and all

around cool city!

Page 3: Perspectives from members of the Real Estate and  Building Industry

A Wi-Fi City for all to access technology of the

future.

Page 4: Perspectives from members of the Real Estate and  Building Industry

New bridges abound with I-265 crossing @

Dixie Highway and two additional local bridges in the downtown area.

Page 5: Perspectives from members of the Real Estate and  Building Industry

Internationally known as a City of Parks because of the investment in:

Parklands of Floyds ForkOhio River WaterfrontOlmsted Parks SystemJefferson Memorial Forest100-Mile Loop

Page 6: Perspectives from members of the Real Estate and  Building Industry

Transformative Housing Options abound allowing people to live near where they work if they choose.• Near Parklands Floyds Fork

• Higher Density Suburban In-fill such as Holiday Manor, Whittington Parkway, Downtown Middletown, Jeffersontown and Dixie Highway

• Revitalized residential neighborhoods rebuilt with City efforts in Central Western Louisville

• Edge Downtown

Page 7: Perspectives from members of the Real Estate and  Building Industry

Infrastructure investment in older urban areas - think

Park Hill Neighborhood - have allowed for Louisville

to become internationally

recognized as a hi-tech manufacturing

hub!

Page 8: Perspectives from members of the Real Estate and  Building Industry

The Hurstbourne and Shelbyville Road Corridor Employment Center, including the Cities of St. Matthews,

Lyndon, Jeffersontown and Middletown, is recognized worldwide

in the same way as the Research Triangle in North Carolina, now

employing 200,000!

Page 9: Perspectives from members of the Real Estate and  Building Industry

A high traffic/volume transit system connects the airport to

UofL to downtown in a fast growing, hi-tech job center

Page 10: Perspectives from members of the Real Estate and  Building Industry

The Regional Sanitary Sewer System has been operating for 10 years,

furthering our reputation as a Green Community

Page 11: Perspectives from members of the Real Estate and  Building Industry

The Kentucky Colonels NBA franchise just finished its 3rd World Championship

Season and U of K and U of L were both in the

final four in basketball, all with record attendance!

Page 12: Perspectives from members of the Real Estate and  Building Industry

Need for New Central BusinessDistrict Product

Page 13: Perspectives from members of the Real Estate and  Building Industry

Job Growth Leads to Demand

Page 14: Perspectives from members of the Real Estate and  Building Industry

Absorption Will Precede New Construction

New Properties will Elevate Existing

Buildings

Page 15: Perspectives from members of the Real Estate and  Building Industry

More advanced transportation. System of Light Rail and Monorail. Moving more than people. Connect the airport with alternate parking and connect the airport with Riverport, Bullitt County, River Ridge and Clark Maritime Center.

Page 16: Perspectives from members of the Real Estate and  Building Industry

State and Federally Funded projects that are determined locally.

Veterans Hospital locates on property that can

accommodate expansion for over 100 years.

Page 17: Perspectives from members of the Real Estate and  Building Industry

More and Better Event Space at the KY Expo Center with better parking and access.

Page 18: Perspectives from members of the Real Estate and  Building Industry

More Dense Urban Development

Look near East, South and West. Clifton, SoBro, Portland, Parkland, Limerick, and along the River. Think Green.

Page 19: Perspectives from members of the Real Estate and  Building Industry

More Bridges. Complete the I-265 Snyder / Hamilton Loop into Harrison County.

Page 20: Perspectives from members of the Real Estate and  Building Industry

Very Affordable Housing in the Urban Core.

Micro Living.

New Codes.

Page 21: Perspectives from members of the Real Estate and  Building Industry

Quality urban amenities equal to, or better than, the suburban

areas to attract residents.

Bigger, Smarter, Better Educated

Metro

Page 22: Perspectives from members of the Real Estate and  Building Industry

What if we said yes?           

….our competitors did!

Page 23: Perspectives from members of the Real Estate and  Building Industry

Population of Louisville and Competing Cities

Page 25: Perspectives from members of the Real Estate and  Building Industry

Convergence of Economics and Demographics

Millennial Generation

Page 26: Perspectives from members of the Real Estate and  Building Industry

Negative Population Growth

Better Understanding and

Need for Multi-Family

Housing

Page 27: Perspectives from members of the Real Estate and  Building Industry

By 2030 -  19% of U.S. Population will be aged 65+

Lifestyle changes increase demand

for mixed use developments

Page 28: Perspectives from members of the Real Estate and  Building Industry

Build denser and build up in

appropriate areas

Utilize existing infrastructure

Page 29: Perspectives from members of the Real Estate and  Building Industry

Impact of the Public School System on Growth and Economic Development

Job Growth – Increased

Opportunities for allBe mindful of the

Page 30: Perspectives from members of the Real Estate and  Building Industry

Increase in Income Growth

Louisville is the BEST place to Live, Work, and Play

Page 31: Perspectives from members of the Real Estate and  Building Industry

Infrastructure Investment

Local roads

Establish a Regional Sewer District

Page 33: Perspectives from members of the Real Estate and  Building Industry

Regional Rail Connections