Major redevelopment coming to City of Hurstbourne

Published: Jul. 18, 2018 at 3:59 PM EDT|Updated: Jul. 18, 2018 at 7:08 PM EDT
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Two office buildings and two restaurants on the site will not be torn down. (Source: Viking...
Two office buildings and two restaurants on the site will not be torn down. (Source: Viking Partners)

LOUISVILLE, KY (WAVE) - A major transformation is coming to one of the busiest intersections in Louisville and WAVE 3 News got a sneak peak of what it's going to look like.

Apartments, a hotel, restaurants and retail are all planned for the Hurstbourne Business Park at Shelbyville Road and Hurstbourne Parkway. The area used to house a Valu Market and Brownie's The Shed. Brownie's is relocating to Linn Station Road.

Folks who live, work, shop, and eat in the area said they are excited more options. Nathan Thomas has worked at what is commonly called "The Flash Cube" building for nearly three years.

"It's really an up and coming spot," Thomas said. "Everybody loves to be out here."

Development has spread along Hurstboune Parkway. A new Aldi grocery store is going in by the Barnes and Noble. A new apartment complex and several new restaurants have popped up, and there's also a new Lucky's market nearby.

Now the busy area will see even more changes.

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"Really a way to re-envision, re-purpose what has become some old, antiquated retail," Carl Goertemoelller, the Chief Business Development Officer at Viking Partners, said.

Viking Partners, based out of Cincinnati, is handling the redevelopment of Hurstbourne Business Park.

The vast majority of the old plaza will be demolished. One of the first projects they will be breaking ground on will be the new apartments.

"The residential will be in five separate buildings, all surrounding a central common area with open space, pool, fountains, social plaza, fire pits," Goertemoeller said.

Construction on the apartment will start in the fall of 2018 and residents can start moving in mid-2019.

A 149 room hotel is also planned along Whittington Parkway, south of the existing office buildings. Construction on the hotel will start in early 2019.

Part of the project will also include two restaurants and retail buildings near the intersection of Shelbyville Road and Hurstbourne.

Another retail building which could include more restaurants is also planned for Whittington Parkway.

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"I love new things," Thomas said. "I love trying and seeing new things. When they put investments in that means you are in a good area to be in."

The two office buildings, along with P.F. Chang's and Z Oyster Bar and Steakhouse, will stay.

"Not only new life, it's going to really help the tax revenue the City of Hurstbourne and the city of Louisville as well," Marilyn Parker, the councilwoman for District 18, said.

The total project will cost around $100 million.

Copyright 2018 WAVE 3 News. All rights reserved.