Museum Plaza details released - wave3.com-Louisville News, Weather & Sports

Museum Plaza details released

By Janelle MacDonald

(LOUISVILLE) -- It will dramatically change the face of Louisville's skyline. Plans were announced earlier this year for the 61 story Museum Plaza -- two towers to be built on west Main Street. Wednesday, we learned much more about the details of that plan. WAVE 3's Janelle MacDonald takes a look at what's coming.

"This is going to be one of the largest economic development projects in the entire region, if not the country," says Craig Greenberg, the developer of Museum Plaza.

Once only a dream and some drawings, plans for Louisville's new Museum Plaza are beginning to take shape. There is word of a Westin Hotel.

"It will be a very upscale and great addition to Louisville's hotel offering. It will help bring in conventions and help the business and the retail community grow," Greenberg says.

Greenberg's plans also call for a new park starting at the corner of 7th and Main Streets -- over the flood wall and Washington Street to the new skyscraper's plaza.

"That's at the same level as the Muhammad Ali Center plaza, which we think is really important to help all the cultural institutions connect along the northern side of west Main Street on the riverfront here," said Greenberg.

At $465-million, the project is growing -- already costing $85-million more than when announced in February. Greenberg says the investment will have a $900-million spillover effect into Kentuckiana's economy.

"The sort of recycling effect that when people earn money in this community, and then spend it, more people earn money and that continues to be recycled throughout the entire community," Greenberg says.

Greenberg says at any one time, 500 people will be at work building Museum Plaza over the next three years.

"We plan to use as much local workforce as possible, as many local companies as possible. We're committed to paying prevailing wages," said Greenberg.

Greenberg says there's a very detailed construction plan between next summer -- when things swing into high gear -- and the 2010 opening, when he says Louisville will make a statement to the world.

"Once it's built, it's really, we hope, going to be an architectural icon for the whole region to show that Louisville and the state and this region at a very fast, rapid and innovative pace," Greenberg said.

A couple of other new details: River Road will be expanded to meet up with 8th Street. That's because they'll have to shut down part of 7th Street for the project.

Craig Greenberg says he's already been contacted by several potential business and residential tenants. He says they're working with a national real estate agent to attract a company that would move its regional or national headquarters to Museum Plaza.

Online Reporter: Janelle MacDonald

Online Producer: Charles Gazaway