2016 Cornerstone Awards Winners

LOUISVILLE DOWNTOWN PARTNERSHIP RECOGNIZES SIGNIFICANT DOWNTOWN DEVELOPMENT PROJECTS WITH CORNERSTONE AWARDS(Louisville, KY) – The Louisville Downtown Partnership (LDP) announced the recipients of the 2016 Cornerstone Awards at their annual celebration on Monday, April 18th at Passalino’s, with Valle Jones of Mayin LLC providing the keynote address. The Cornerstone Awards were given to eleven significant Downtown projects completed in 2015, which represents over $213 million invested in Downtown Louisville. In addition, the prestigious S. Russell Smith, Jr. Awards of Excellence were presented.

“We are honoring eleven significant development projects that range from housing, university buildings, a hotel and distillery, and even a major renovation of one of Louisville’s most vital service providers — The Center for Women and Families,” said Rebecca Matheny, LDP’s Executive Director. “There is no doubt Downtown Louisville is experiencing an exciting period of growth in our Central Business District. It is important to take a moment to recognize these significant projects and the forward-thinking investment that has taken place in Louisville,” she added.

The S. Russell Smith, Jr. Award of Excellence is named in honor of Russell Smith, Jr. who was a long-time board member and chairman of the Louisville Downtown Management District (LDMD) which, along with the Louisville Downtown Development Corporation, now comprise LDP. This year’s private-sector winner was Phil Scherer. Phil has been a trailblazer in the Downtown Louisville commercial real estate industry for more than 40 years. Scherer/Casper and Associates, a two-man shop that began in 1973, is now Cushman & Wakefield/Commercial Kentucky. The firm recently merged with DTZ to become the second-largest real estate company in the world. Phil is regarded as one of the premier commercial real estate executives across the Midwest and Upper South, as well as one of Louisville’s most knowledgeable and influential brokers in Downtown commercial real estate. A lifelong advocate of Downtown Louisville, Scherer both works and lives in the Central Business District. He has served as a board member of the 8th District of the Federal Reserve’s Real Estate Council, the Louisville Central Area, the Main Street Association, Greater Louisville, Inc., Louisville Downtown Management District, and the Louisville Historic Landmarks and Preservation District.

Cathy Duncan, Director of Facilities Management & Fleet Operations for Louisville Metro Government, was the recipient of the award for the public sector. According to Matheny, “Cathy’s strong history of leadership, cooperative development, positive communication and creative partnerships are reflected in almost every public/private partnership project in Downtown.” Cathy served as Director of the Parking Authority of River City (PARC) for eighteen years prior to being appointed to her current position in June of 2014. Facilities Management is responsible for maintenance, janitorial, architectural services and project management for Louisville Metro Government’s portfolio. Fleet Management oversees Louisville Metro Government’s Fleet Operations, including purchasing, servicing, and maintaining over 3,500 fleet vehicles and heavy equipment, ranging from lawn mowers to garbage packers.

LDP’S mission is to aid in facilitation and strengthening of commerce, provide maintenance assistance, beautify and enhance streetscapes, improve security and safety, and stimulate high-quality development and vitality in Louisville’s Downtown. LDP believes the economic engine of any great city starts with a strong Downtown.

For more information, go to: www.louisvilledowntown.org. LDP can be contacted at 556 S. Fourth Street; Louisville, KY 40202 (502)584-6000.

2016 Cornerstone Awards

(Projects investing $1 million or more that were completed over previous year – construction costs only)

Jefferson Street Partners LLC for the $13 million construction of 310 @ NuLu. The project includes three, 4-story apartment buildings totaling 145,000 square-feet and 173 market rate units.

Location: 310 S. Hancock St.

Lead Architect: CSO Architects

–LouMain LLC for the $24 million construction of Aloft Louisville Downtown, an 8-story, 107,520 square-foot boutique hotel with 175 rooms and 3,000 square-feet of meeting space.

Location: 102 W. Main St.

Lead Architect: PFVS Architecture

The Center for Women & Families, Inc. for $6 million renovation and improvements due to a major roof leak. The project includes improved shelter space and rooms with suites for large families, increased space for men, new meeting space, a large computer lab for clients, group rooms, and expanded number of gender neutral bathrooms.

Location: 927 S. Second St.

Lead Architect: Berry Prindle Architects

Louisville Metro Parks & Recreation for the $3.6 million relocation of The Dave Armstrong Louisville Extreme Park, a rebuild of approximately 1/3 of the extreme park due to the relocation for I-65 Bridges Project.

Location: 531 Franklin St.

Lead Architect: Luckett & Farley

Le Centre on Fourth LLC for the $85 million adaptive reuse of the Embassy Suites Louisville Downtown. The 7-story, 420,000 square-foot former office building includes a 304-suite hotel, 50,000 square-feet of office space, 26,000 square-feet of commercial space, and 81 lower-level parking spaces.

Location: 501 S. Fourth St.

Lead Architect: Potter & Associates Architects PLLC

Louisville Metro Government for the $1.5 million improvement to reopen the 300 block of Guthrie Street at Fourth Street. The project includes new sidewalk paving, granite curbs, tree plantings and street furniture.

Location: 300 block Guthrie St.

Lead Designer: MKSK

Jefferson Community & Technical College for the $1.7 million adaptive reuse of the JCTC Theater Arts Building, a 1-story, 6,700 square-foot former retail building for instructional space for the Fine Arts Program, a black box theater, and classrooms.

Location: 100 E. Broadway

Lead Architect: Luckett & Farley Architects and Godsey Associates Architects

Flash Property Investments LLC for the $1 million adaptive reuse of Kentucky Peerless Distilling Co., a 2-story, 43,800 square-foot production facility with fermentation room, bottling line, aging warehouse, tasting room, and 3,500 retail store.

Location: 120 N. Tenth St.

Lead Architect: Joseph & Joseph Architects PLLC

Norton Healthcare for the $69.7 million renovation of Kosair Children’s Hospital. Phase I of renovations to the 9-story, 267-bed facility includes upgrades to the neonatal intensive care unit, infrastructure improvements, and the addition of a new extra-large capacity trauma elevator.

Location: 231 E. Chestnut St.

Lead Architect: HKS, Inc.

City Development Group for the $2.5 million expansion of the Quad Apartments, a 3-story, 36,500 square-foot addition with 51 apartments and lower level parking.

Location: 600 Marshall St.

Lead Architect: CITYWorks

Beam Suntory for the $5.2 million renovation and completion of the Jim Beam Urban Stillhouse.  The project includes a bottling line, a tasting experience, and a retail store.  

Location: 404 S. 4th St.

Lead Architect: Architectural Group International