Publication Date: 12-30-2025
MEDIA CONTACT:
Bryn Alston
(502) 614-4122
balston@louisvilledowntown.org
LOUISVILLE DOWNTOWN PARTNERSHIP REPORTS RECORD YEAR FOR DOWNTOWN
2026 Louisville Downtown Management District (LDMD) meeting schedule released
LOUISVILLE, Ky. (December 30, 2025) â Louisville’s Downtown achieved remarkable progress in 2025, fueled by unprecedented investment, new business openings, and transformative development projects that signal strong confidence in the city’s urban center.
Key Downtown achievements in 2025 include:
- $2.5B investment underway or announced across nearly 80 major development projects
- 20 development projects were completed with a total investment of $355M up from $76M in 2024
- 8 new to Downtown offices or companies moved to the Downtown area with an additional 3 announced
- 8 offices or companies relocated within Downtown, with 8 more relocations planned
- 39 new retailers, restaurants, bars, and attractions opened with an additional 17 announced
- 776 residential units were completed with 2,557 announced or underway
- Louisville Metro Government awarded the historic Fiscal Court Building as the first recipient of the Downtown Building Conversion Fund to construct 106 new residential units
- 168 hotel rooms were completed with 1,058 hotel rooms announced or underway
- 5.5M people including residents, employees, and guests visited Downtown in 2025 YTD
Throughout 2025, Louisville Downtown Partnership (LDP) strengthened its role as a catalyst for Downtown growth and economic vitality through key accomplishments:
- Expanded the Business Improvement District (BID) by 3 square blocks
- Unveiled two new CitySpots at 5th & Main streets and 4th & Jefferson streets
- Unveiled the Downtown Tunes program featuring four public pianos
- Completed the S. Fourth Street enhancement project featuring new tree well landscaping and decorative fencing
- Launched a metro-wide billboard campaign promoting Downtown Louisville
- Closed on a new Downtown Housing Assistance loan totaling $1.5M loan for Liminal, a 138-unit housing project in Louisville’s East Portland Warehouse District
- Closed on two new Downtown Commercial Loan Fund loans, for Five Iron Golf and NailChella Nail Academy, totaling $350,000
- Secured $1M in Mayor Greenbergâs FY26 budget for 4th Street streetscape & lighting projects and lighting underneath the 2nd Street bridge
- Hosted more than 60 events and sponsored 26 events that enhance Downtown vitality
- Received Partner of the Year at Louisville Tourismâs annual ROSE Awards
Building on 2025’s momentum, LDP is focused on expanding programming and events, enhancing placemaking efforts, improving the Downtown user experience, and advocating for policies and incentives that drive economic development. These initiatives support the 2024 Downtown Strategy, LDPâs comprehensive 10-year plan for Downtownâs future growth.
One of LDPâs two main entities, the Louisville Downtown Management District (LDMD), which was established by ordinance in 1991 as Kentucky’s first Business Improvement District (BID), continues to champion Downtown as a clean, safe, and welcoming neighborhood.
The 2026 LDMD meeting schedule can be viewed at louisvilledowntown.org/ldmdinfo. All LDMD meetings are open to the public. Media interested in receiving notifications about special meetings, please contact Louisville Downtown Partnership at info@louisvilledowntown.org or (502) 584-6000.
For media assets and the full list of Downtownâs 2025 achievements and LDPâs accomplishments, click here.
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About LDP
LDPâs mission is to improve the economy of Downtown Louisville by promoting the redevelopment, vitality and economic growth of the Central Business District and surrounding areas and to improve Downtownâs quality of life by creating a safe, clean and enjoyable environment.
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