| Louisville MSA Population |
1,203,800 (2005)
Core Base Statiscal Area Rank: 43 |
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| Estimated (consumer goods) Retail Sales |
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$12.7 billion (2005)
Core Base Statiscal Area Rank: 49 |
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| Effective Buying Income |
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$23.7 billion (2005)
$38,457 (Median Household 2005) |
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Source: Sales & Marketing Management Survey of Buying Power
Downtown Market Overview
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| Sources of Business |
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| Workers - 51%, residents - 35%, visitors - 14% |
| Employment |
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| 63,780 in 104-block Central Business District. Companies with over 400 employees: |
- AEGON USA, Inc.
- BellSouth Telecommunications
- Commonwealth of Kentucky
- The Courier-Journal (Gannett)
- E.ON U.S.
- Galt House Hotel & Suites
- Hilliard Lyons, Inc.
- Humana Inc.
- JPMorgan Chase
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- Jefferson Community &
Technical College
- Jewish Hospital &
St. Mary's HealthCare
- Kindred Healthcare, Inc.
- Louisville/Jefferson County
Metro Government
- Marriott Louisville Downtown
- Mercer Human Resource
Consulting LLC
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- National City Bank
- Norton Healthcare
- Presbyterian Church USA
- Rawlings & Associates PLLC
- U. S. Government
- U of L Health Care
- U of L School of Medicine
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| Resident Population |
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3,659 (2005)
+1,292 (projected 2006/2007) |
| Convention Center Attendance |
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| 402,697 (2005) |
| Retail Space in CBD |
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1.9 million square feet total / 37.3% vacancy
54,859 square feet under construction
80,100 square feet planned
$12-$25 rental rate for Class A street frontage (excluding Fourth Street Live!) |
Retail Concentrations in the CBD |
| Fourth Street Entertainment District |
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- District defined by City ordinance located in the 500-600 blocks of South Fourth Street
- 276,000 square feet of retail space in 20 separate buildings with public and private
ownership
- Variety of buildings constructed over a period of 100 years (1885-1985)
- Anchored by two historic 4-star hotels (The Brown Hotel and the Seelbach Hilton)
- Live performance venues include W.L. Lyons Brown Theatre, Kentucky Theater, and
The Louisville Palace
- Home to locally-owned restaurants, nightclubs, radio broadcast studios and
recording studios
For more information contact Louisville Downtown Management District, 502-583-1671
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| Fourth Street Live! Louisville |
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- Urban entertainment center located on Fourth Street between Liberty and Muhammad Ali
- Formerly Louisville Galleria, a retail center built in 1982, redeveloped by the
Cordish Co. of Baltimore, MD in 2004
- 275,000 square feet of space on three levels inlcudes a 420-seat food court
- Regional and national tenants include Borders Books & Music, Hard Rock Cafe',
Howl at the Moon, Lucky Strike, Red Star Tavern, and TGI Friday's
For more information contact Ann Naville, Fourth Street Live!, 502-584-7170
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| Starks Building |
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- 350,000 square-foot historic landmark built in 1913 at the corner of Fourth & Muhammad Ali
- Starks Court atrium added and renovated in 1985
- 68,000 square feet of retail space on three levels
- connected to Fourth Street Live! by skyway
For more information contact Mendel Hertz, Hertz Investment Group, 502-587-5535
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| West Main Street Cultural Arts District |
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- One of the largest contiguous collections of late 19th century cast iron construction in the United States
- 254,000 square feet of retail space in 36 separate buildings spanning six blocks on West Main St.
- Concentration of museums, theaters, art galleries, restaurants, shops, and a boutique hotel
- Anchors include 21C Museum Hotel, Actors Theatre, Frazier International History
Museum, The Kentucky Center, Kentucky Museum of Art and Craft, Louisville Science
Center, Louisville Slugger Museum & Factory, and the Muhammad Ali Center
For more information contact Louisville Downtown Management District, 502-583-1671
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