Director's Take

Why are Downtown Residents so Important?

Dear Friend of Downtown,

Why are downtown residents so important?
 
Downtowns started out as city hubs that included residents alongside businesses, cultural gathering centers, and entertainment venues. But as cities started to grow, residents wanted to gain more space around them, and maybe have bigger homes, less noise, or fewer people in such close proximity.
 
As cities are now mostly built out and rural areas are so distinctly different, there is a new push to build residential units to get more people in downtown. Not only because they are cool places to live. Not only because you may want to live closer to your place of work or cool things to do. But mainly because it’s people, you and me, who make a neighborhood vibrant and safe and fun.
 
LDP is working alongside Metro and One Louisville on creating more financing tools, incentives, and policies that will help these residential units get built, and the good news is we have interested developers and we have interested residents! LDP also continues to work on amenities that make downtown a more residential neighborhood where people want to live.
 
Stay tuned for announcements and possibly your or a friend’s next new home!