|An “alternative fact” of a skyline? Learn more here.|
Let’s hope new residents at the Break Wind Lofts at Duggins Flats aren’t too disappointed when the city of Louisville turns out to be situated a bit further to the southwest than Pastime’s gazebo.
Austin Carmony, the firm’s vice president of development, said the complex’s 66-unit residential building, where tenants have already started moving in, was completed in December. The second 125-unit building will be done in April. Rent for the units ranges from $650 to $1,650.
Let’s also hope the most luxurious of the high end digs aren’t gifted with a view of the lovely landscaping at AT&T, across an as yet uncalmed one-way Spring Street — where presently, the traffic is moving faster than ever.
A relatively small space on the east side of the former Coyle showroom remains rough and unfinished, and so this evidently is what Carmony refers to in this passage.
The renovated former Coyle showroom will house retail and amenities including a heated pool, gym, grilling stations, fire pit and a dog park. Carmony said no one has signed on to fill the space yet, but he thinks a restaurant would be ideal in the location.
Another dog park? Who knew that the Coyle lot was built atop a Native American site? As an aside, I still think it was a mistake to omit bocce ball; if only Redevelopment would have kicked in another couple hundred thousand to a for-profit private developer to make it happen.
Wouldn’t bocce have fit comfortably on one of those rooftops, thus better facilitating a distanced squint at Louisville?
Two months ago, a local restaurateur told the Green Mouse that the unfinished potential eatery space in the former showroom actually is priced fairly — for being unfinished.
Flaherty and Collins apparently is offering to lease this space at the low bargain rate and provide something like $50,000 in cash for the build-out (the Green Mouse was told by the restaurateur that it wasn’t enough of an enticement to interest him), but the dollars-per-square-foot price fairly skyrockets if the building’s owner must finish the space.
Always be aware that as City Hall touts the many restaurants and bars downtown, as though it had anything whatever to do with their founding and operation — and you can ask virtually any eatery owner to explain where the bulk of the start-up capital originates, this being with them, and not a magical bunkerside ATM — the fact that the city subsidized the entirety of the Break Wind development means that the city also is subsidizing the eatery or bar that eventually comes to rest in the rough unfinished space. The city might as well be the one writing the check for $50K, right?
I’m not making this point owing to my antipathy for the current occupant, which is real, but rather because it’s absolutely true. With Break Wind, the city’s been picking winners with your money — and is picking winners with your money the sort of thing you want Jeff Gahan doing?
Coyle showroom now luxury clubhouse in New Albany, by Madeleine Winer (Courier-Journal)
The clubhouse is open and the first tenants have started to move into The Breakwater, a luxury apartment complex still under construction in New Albany.