The week ahead… Eastern Parkway closure, Venture Connectors, Yum! debt and more

week ahead

Highlands headache

Eastern Parkway will be closed between Baxter and Goss Avenues this week for bridge repairs. The Kentucky Transportation Cabinet suggests that the closure could last until the end of the week, but it could last longer due to unforeseen circumstances or inclement weather. This was an unexpected hiccup in the MSD work on Eastern Parkway.

Venture Connectors: B-Corps

Venture Connectors meets on Wednesday. The guest speakers are Scott Koloms, president and CEO of Facilities Management Services Inc. and Ben Reno-Weber, chief storyteller for MobileServe These social entrepreneurs discuss the ins and outs of the B Corporations legislation that was recently passed in Kentucky.

Metro Council to meet about Yum! debt

Wednesday at 5 p.m., the Metro Council Budget Committee will take up an ordinance to increase minimum annual contribution to Yum! Center debt payments. Louisville Arena Authority executive director Scott C. Cox will testify and make his case. The state legislature amended the TIF district and UofL amended the lease to contribute $2.42 million more annually. This is the last step before LAA can take steps to finance its construction bond debt.

Louisville Metro Planning to review Waterfront Botanical Gardens

Wednesday is a busy day. Louisville Metro Planning and Design Services will meet. The most interesting thing on the agenda is a discussion of Phase One of the Waterfront Botanical Gardens development. According to the case summary, “The proposed Phase One consists of a one story education pavilion that will be 2,611 square feet, gardens and a service drive on approximately five-and-a-half acres. The project also includes 74 parking spaces and a nature path to Beargrass Creek. The total Waterfront Botanical Gardens will contain about 23.50 acres and be north of Interstate-71 West, south of River Road, east of Frankfort Avenue and west of Beargrass Creek.”

Local companies reporting earnings

Humana will post earnings on Wednesday. Kindred Healthcare will post earnings on Friday. Keep your eye out for Insider coverage of those two companies.

Old Forester Distillery to get its still

On Friday, the 24-inch wide, 44-feet tall and 4,700-pound copper column still that will be the centerpiece of the new Old Forester Distillery will travel down Main Street from the Vendome Copper and Brass Works to its new home at 118 W. Main St. Between 1900 and 1918, that very space was occupied by Brown-Forman. The distillery is expected to open in late spring 2018.