Movie theater, retail, restaurants part of $100M development in Jeffersonville

Movie theater, retail, restaurants part of $100M development in Jeffersonville
Published: Jul. 21, 2016 at 8:07 PM EDT|Updated: Jul. 21, 2016 at 10:24 PM EDT
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(Source: WAVE 3 News)
(Source: WAVE 3 News)

JEFFERSONVILLE, IN (WAVE) – Restaurants, retail, medical facilities and a movie theater are all in the works for more than 70 acres in east Jeffersonville.

Mayor Mike Moore says the Bridgepointe Commons project could be a $100 million development.

It will be located just off of the roundabout interchange at Interstate-265 on Highway 62.

"(You'll have) very nice restaurants, you are going to have hotels, you are going to have retail and the biggest and best news, that my teenagers tell me, is Jeff is going to finally have a movie theater," Moore said.

It's been more than 20 years since the city has had its own cinema.

Owners of Louisville-based Denton Floyd Real Estate Group already have two original restaurants about to open in downtown Jeffersonville. Now, the group says it's time for a new focus in a different part of town.

"Just up the road from here is River Ridge, where we have had an enormous increase in the jobs created. All this growth brings more developers, and developers can make money in many different ways," Moore said.

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Expect to also see medical facilities as developers hope to attract people on both sides of the river with the help of the new East End Bridge, according to Moore. Retail and multiple dining options will be a big draw. The mayor said it will be a chance for dinner and a movie.

"They aren't looking for the quick dollar," Moore said. "They aren't looking for the drive-through restaurants that you see at every exit along an interstate. These are going to be nice sit-down restaurants."

Not too far away, another huge project just received the go-ahead: the widening of Holmans Lane.

"You have to take care of the infrastructure needs," Moore said. "In order to land families to come to your city, you can't just have retail, you can't just have jobs. You've got to improve quality of life, and you've got to take care of basic needs of how to get from point A to point B."

Brandon Denton with Denton Floyd said some agreements are already in place, but he isn't ready to disclose who will be moving in just yet.

Construction is set to begin next spring.

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