LOUISVILLE, KY (WAVE) - Turning the old into the new. A groundbreaking ceremony took place on Tuesday for the Germantown Mill Lofts, formerly the Goss Avenue Antique Mall.
"We are very excited to announce the commencement of construction to redevelop the Louisville Cotton Mill/Booker Price Building, also the former Goss Avenue Antique Mall, into Germantown Mill Lofts," said Jeff Underhill of Underhill Associates. "This will be a dynamic project in the heart of Louisville."
Germantown Mill Lofts is an extensive renovation of an entire city block on Goss Avenue in the middle of the Schnitzelburg and Germantown Neighborhoods of Louisville.
The original building on the site was built in 1888 as the Louisville Cotton Mill. The property consists of over 250,000 square feet in numerous buildings spreading over almost eight acres and will include 184 modern loft style apartments with many historic accents.
"The property is a wonderful building that has what an architect would say 'good bones,'" said Jeff Underhill.
According to the redeveloper, units will have huge window openings, high ceilings, original wood floors and many exposed structural members. They will have very open layouts with many energy efficient features. All units will have Plantation style blinds and washer and dryer units.
There will be a Village Green area, bocce ball court and numerous patio areas, including a large courtyard with swimming pool. There will also be four period style railroad cabooses for rent. There will also be a coffee roaster, café and breakfast restaurant, neighborhood fitness center, community event space and a Rathskeller, micro brew, wine cellar theme restaurant.
Outside the windows of the lofts, is another area that is undergoing revitalization. The intersection where Schnitzelburg, Shelby Park and German-Paristown connect is being dubbed Three Points. The area is transformed from a dreary intersection, to a vibrant colorful neighborhood.
Many who live in the Germantown – Schnitzelburg area welcome the change and redevelopment.
The renovations at the Germantown Mill Lofts began several weeks ago and are expected to be completed by late 2015. The units will range in rent from $700 to $1,200 per month.