LOUISVILLE, Ky. — Louisville Metro Council is taking another step forward on plans to redevelop the former Urban Government Center in Paristown Pointe.
Late Thursday night, the council approved a $20 million TIF.
Upper Paristown Preservation Trust LLC intends to turn the former government hub, and longtime site of Kentucky Baptist Hospital, into more than 11 acres of apartments, single-family homes, office and commercial space, a hotel, a parking garage, and all new green space.
In order to get funds from the TIF, the developer must meet four of six uses for the property including having different apartment layouts, cottage-style homes, a hotel and a parking lot.
There is also a requirement to create at least 51 affordable housing units.
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