Dish On Market Ribbon Cutting

A Downtown Louisville Restaurant that Serves Breakfast, Lunch and Happy Hour - Dish on Market Call Us: 502-315-0669 Follow Us:  Dish on Market Ribbon Cutting Ceremonies   “The same tradition that Delta carried on for 67 years” CLICK FOR FULL YOUTUBE VIDEO       Thanks to all that came out to celebrate Dish on Market's ribbon cutting ceremonies presented by Greater Louisville Inc.  A special congratulations to Anderson Grissom for pursuing his dream and giving his part in revitalizing the "old-NuLu" area of Downtown Louisville, KY Filling Breakfast If you are downtown and in the mood for a hearty great tasting breakfast, Dish on Market is the place to go! We feature numerous great tasting breakfast options and guarantee we have something that will fill your appetite. Delicious Lunch Whether you're by yourself, have a lunch meeting with some collegues or just want to have a great tasting lunch with some friends, Dish on Market is where you should be! With soups, salads, entrees and beverages that fit all types of cravings, Dish on Market guarantees you one great lunch! Relaxing Happy Hour If its the end of the day and you want to relax, catch up on sports scores, meet with some collegues or just grab a nice cold beer, Dish on Market features a very soothing happy hour for you and everyone your with to enjoy. \

Trying out Facebook blog

Trying the facebook thing. Go Cards

1343 Lillian Ave. Louisville, KY 40208

CLICK LINK TOGO TO THIS PROPERTIES WEBSITE

1343 Lillian Ave FOR SALE !!

 

Reduced!! $97,000 CLICK HERE TO GO TO http://lillianhouse.com

Freakley: 'Opportunity is knocking'

Print this article | E-mail this article |    
Freakley: 'Opportunity is knocking'

Photos:

By MARTY FINLEY
mfinley@thenewsenterprise.com
The excitement for Fort Knox’s future is evident on the face of its newest commander.
Lt. Gen. Benjamin Freakley discussed his concerns for the soldiers he oversees, his aspirations for the post’s future and his impressions of Kentucky hospitality during a meeting on post last week.
Freakley, the first three-star commander to head Fort Knox, brings a wealth of experience to the job. Transitioning as the commander of U.S. Army Accessions Command from Fort Monroe, Va., he now is the leader of the Human Resource Center of Excellence, a gargantuan 883,000-square-foot complex that will employ more than 4,500 military and civilian workers and contractors once it reaches 100 percent capacity next year. It is the largest office building in the state. Freakley projected the facility will be 90 percent full by October.
The post still is under the “big inhale” with roughly 42,000 in population now calling it home, up from 31,000 in 2008. Likewise, Freakley said changes at Fort Knox are not only changing the mission of the post but also changing the look and financial makeup, estimating a $40 to $45 million increase in payroll with the realignment.
At the same time, outside the gates, housing has trended upward and commercial development and retail is showing signs of new life.
But most change brings with it concerns, and Freakley said his primary concern is the well being of the men and women he commands. The housing market has been flooded, and as a result, many soldiers are forced to move elsewhere, he said, as far as Bardstown, Leitchfield, Louisville and southern Indiana.
For these, the lengthy commute and long days of work on post can cause wear and tear quickly.
“From a safety standpoint, I want them closer,” he said during a luncheon with The News-Enterprise editorial board. Likewise, some soldiers are coming to the Fort Knox area alone, leaving their families behind to fulfill their duties because of the difficulties in finding suitable housing.
“Now we have a soldier who is basically on another deployment,” he said of the situation.
On-post housing is unable to provide much help, with a waiting list of 700 families now formed. By 2014, Freakley said the post expects to have 2,527 homes with the construction of 850 new homes and the renovation of more than 1,300 others.
But he said the Army wants to maintain roughly 70 percent of its work force off post. Doing so, he said, provides a healthy ratio because the military needs to become woven into the fabric of a local community, providing stability for the soldier and his family and ensuring the community is invested in the military’s mission. Isolation, he said, is unhealthy.
Freakley also said now is the time for local builders to take risks and embrace the opportunities available with the housing need. He said he has seen communities miss out on such opportunities because they thought they were prepared, adding Louisville is eager to welcome the military families
“It would be a good time to bet on the Army,” he said.
He also said community sensitivity is needed in regards to the upcoming deployment of the 3rd Combat Brigade, 1st Infantry Division to Afghanistan.
Freakley asked for empathy toward those families and preparation from the community and schools alike should the unit see losses.
“They don’t need to be coddled,” Freakley said. “They just need to be understood.”
In these situations, Freakley said, many family members choose to stay planted in the community they’ve adopted during the deployment to provide some stability for their children in the midst of such heartache. When such trying times emerge, the Army actively assists families in the transition, he added.
Freakley already has seen the Hardin County area live up to its reputation as supportive of military families and heard nothing but good news about the amenities and medical care available locally.
But he did note his desire to see ground broken by 2011 on a new hospital on post to better serve the changing demographics. A cost analysis has been conducted and Freakley hopes it can be moved up the Army’s priority list, though he expects work to roll out closer to 2012 or 2013.
Asked how he feels the post will change in five years, he said he believes the post will become stronger as the Army moves toward database unification as a means of better efficiency. He also believes the post will continue to grow. Freakley said the 2005 BRAC law encouraged consolidating additional functions as it proves useful once the realignment is complete in 2011.
And as Armor leaves, Freakley said he believes the George S. Patton Museum will become one of the premier military museums as it tries to focus on telling the oral history of the post and the local people who made Fort Knox possible, moving away from simply showing an artifact, instead tying it into a larger context and making visitors re-live the moment through the lives of others.
“We’re looking to make it a living, breathing oral history,” he said.

Article about Louisville Leases in Business First

Friday, August 13, 2010

Louisville office market still seeing modest leasing activity

Business First of Louisville - by John R. Karman III Staff Writer

The first half of 2010 was marked by modest leasing activity and minimal absorption in the Louisville office market.
Vacancy rates remain low, particularly in the central business district, and they should remain that way with no new construction completions expected by the end of the year.
As a result, local brokers have spent much of their time working on lease renewals and extensions as they look for new deals.
In the local market, a large number of renegotiations is believed to have pushed rental rates down, but they are expected to stabilize as the economy improves and the prospects for new construction grow, according to a market report from Commercial Kentucky Inc., a Louisville real estate brokerage firm.
The average asking price for available Class A space in the Louisville market has hovered around $20 for much of the past two years while the going rate for Class B space has been consistently in the $14 range.

Wait and see

Office broker Yandell Wood of Louisville’s Cassidy Turley Harry K. Moore said that aside from a few corporate relocations, the local office market remains very slow, with company officials waiting for the economy to improve before embarking on expansions.
Still, he said he’s seeing “a little bit of an uptick” in activity in 2010 compared with a year ago, and he hopes that will mean a significant improvement in the local economy in the next nine months to a year.

Signature Healthcare made a big impact

Wood was one of the brokers who negotiated the deal for Signature Healthcare LLC to buy a vacant, 66,000-square-foot building at 12201 Bluegrass Parkway.
Signature Healthcare, a Palm Beach Gardens, Fla.-based nursing home operator, plans to move its corporate headquarters to the Jeffersontown site later this year.
The Commercial Kentucky report said “thanks almost entirely” to Signature’s commitment to the space, the overall suburban office vacancy rate fell to 18.1 percent in the second quarter from 18.5 percent in the first.

CBD vacancy rate remains historically low

The overall vacancy rate in the central business district rose slightly in the second quarter to 12.8 percent from 12.6 percent in the first quarter, the report said.
That figure includes a 6.9 percent vacancy rate for the overall Class A office market in the CBD — one of the lowest rates for such space in the country.
No new buildings have come online this year in either the CBD or the suburbs, and Commercial Kentucky projected that will mean a slight decline in vacancy rates for the balance of the year — if the economy continues to improve.
“In order for absorption levels to increase in the third and fourth quarters, the market must benefit from enhanced consumer and business confidence,” Rick Ashton, an office broker with the firm, said in the report.

Spec building to return with NTS project

Speculative building is expected to return to the market later this year when Louisville-based NTS Corp. begins construction of a 125,000-square-foot facility at the University of Louisville’s Shelby­Hurst Research and Office Park in eastern Jefferson County.
The $20 million-plus project is slated for completion in the fourth quarter of 2011.
Wood of Harry K. Moore said he hopes “for all our sakes” that NTS does well with its leasing of the space. He believes that companies probably won’t begin discussing lease deals for the site until construction begins because people “like to see dirt being moved” before expressing interest in a project.
And the quest for a major anchor tenant at the ShelbyHurst site might take a while, Wood said.

Small deals continue to get done

Big deals in the office market have been hard to come by during the economic downturn, but smaller ones continue to be made.
Tyler Smith, an office broker with Louisville’s Hoagland Commercial Realtors, said he negotiated seven agreements totaling more than 10,000 square feet at Dupont Professional Towers in the past five months.

The 155,000-square-foot building on Dupont Circle is 87 percent leased, according to Smith. Space there lists between $14 and $16.50 per square foot.
In addition, he brokered six leases of more than 10,000 square feet during that same time period at Commerce Center II on Crums Lane in Shively.
The nearly 40,000-square-foot property has about 6,000 square feet available at a cost of about $10 per square foot.
Hoagland owns both properties.
Smith said most of the companies signing leases have been in the medical or information technology fields. He attributed his successes to aggressive marketing.
“We have been busy,” he said. “We’re not just sitting back waiting for the phone to ring.”

Louisville office market snapshot

                Class A rent   Class B rent    Overall Vacancy rate

 1Q ‘09          $19.02              $14.43              15.9%
 2Q ‘09          $18.93              $14.51              15.8%
 3Q ‘09          $19.10              $14.32              15.9%
 4Q ‘09          $19.76              $14.18              15.6%
 1Q ‘10          $19.64              $14.30              15.8%
 2Q ‘10          $19.41              $14.14              15.8%

Source | Commercial Kentucky Inc.

Grandpa

- MarshallGrissom.com

8420 Arbor Meadow Way

This 5 year old condo shows like new construction.  A must see 1,273 square feet, 2 bedroom and 2 full baths.

One floor plan wit a 6’ privacy fence around entire lot.  Roomy master suite ans second bedroom with full bath, TV room, and patio with hot tub.

!!!  HOT TUB COMES WITH IT !!!

Call for more info Marshall Grissom 502-424-5819 marshall@pwprudential.com