Louisville City FC - New Soccer Stadium

[Getslow]

Second and third just passed: established TIF district and set up initial project structure.

 

23-2 with one abstention.

[Getslow]

Fourth just passed: direct authorization to purchase the land.

 

22-3; one abstention.

[Getslow]

All four passed. Still lots of work to do. LG&E has rights of way on all this and it looks like at least part of one massive line will have to be moved. Not in this proposal.

 

Lots to do between now and the proposed opening in 2020.

[Colonels_Wear_Blue]

All four passed. Still lots of work to do. LG&E has rights of way on all this and it looks like at least part of one massive line will have to be moved. Not in this proposal.

 

Lots to do between now and the proposed opening in 2020.

 

Gas line or electric?

[Getslow]

Gas line or electric?

 

Electric. If you look on Google Earth, you can see the transmission lines running right across the back part of the plot.

[Colonels_Wear_Blue]

Electric. If you look on Google Earth, you can see the transmission lines running right across the back part of the plot.

 

That will definitely be more money than a gas main.

[Getslow]

That will definitely be more money than a gas main.

 

Yep. I've got a friend that works for LG&E who says it's the part of this whole thing that no one is talking about. Got the private landowners to sell, but all those sales will still be subject to LG&E's existing easements unless someone pays to move those lines or they decide they can construct around them.

[Colonels_Wear_Blue]

Yep. I've got a friend that works for LG&E who says it's the part of this whole thing that no one is talking about. Got the private landowners to sell, but all those sales will still be subject to LG&E's existing easements unless someone pays to move those lines or they decide they can construct around them.

 

Well if they can design a parking lot, green space or driveway under the lines then the lines are a virtual non-issue, but if they have any stadium structure designed to use that portion of the property, then I can't see LG&E not requiring the developers to pay for the lines to be re-routed. The basic rule is that the utility provider needs to be able to access the lines, unhindered, with whatever equipment (ie - bucket trucks and cranes) that they may need to perform any required service on the lines.

[Getslow]

Well if they can design a parking lot, green space or driveway under the lines then the lines are a virtual non-issue, but if they have any stadium structure designed to use that portion of the property, then I can't see LG&E not requiring the developers to pay for the lines to be re-routed. The basic rule is that the utility provider needs to be able to access the lines, unhindered, with whatever equipment (ie - bucket trucks and cranes) that they may need to perform any required service on the lines.

 

Who says print journalism is dead?

 

One little tweet at Danielle Lerner (Lou City beat writer at the C-J) regarding the parcels owned by LG&E and the Waterfront Development corporation not included in the Metro Council deal and...

 

"They should cost less than $100k total. The LG&E parcel is under power lines, so club will only purchase surface rights and use for parking."

 

So apparently not in the area of the stadium itself. Good news.

[Getslow]

Kentucky Economic Development Finance Administration gave preliminary approval for the TIF district that will surround the stadium area and help finance the project.

 

Now passes to an independent assessor to determine appropriate rates for the financing and then goes back to the full board for the final decision. That’s expected to be some time in May.

 

This is enough that demolition of the existing structures on the site is already underway.

[Colonels_Wear_Blue]

Kentucky Economic Development Finance Administration gave preliminary approval for the TIF district that will surround the stadium area and help finance the project.

 

Now passes to an independent assessor to determine appropriate rates for the financing and then goes back to the full board for the final decision. That’s expected to be some time in May.

 

This is enough that demolition of the existing structures on the site is already underway.

 

[Colonels_Wear_Blue]

[Colonels_Wear_Blue]

[Colonels_Wear_Blue]

This is getting to look really cool...

 

Brewery among possible tenants of Louisville soccer stadium complex | wdrb.com

It may take six to 12 months to finalize the tenants, but “we are talking to a couple of different local breweries about putting a brew pub on site,” he said. Plans filed with the city also suggest a distillery could be part of the project, but Estes said that's unlikely.

 

New renderings also show the stadium sitting on the eastern edge of the property in order to “make this a true stadium district,” Estes said.

 

“We’re trying to make this an organic development where the office buildings and the hotels and the retail feed into the stadium,” he said.

 

In all, plans call for a 10,000-seat stadium; two hotels with a combined 308 rooms; 340,000 square feet of commercial office space; 50,000 square feet of restaurant space; and 20,000 square feet of retail space.

[TheDeuce]

This is going to be an awesome area. Can’t wait!