The upside for the high rate of downtown office vacancies is suddenly, great space is on the market for reasonable rates. So, if you have a startup or a growing company, this would be a very good time indeed to take advantage of downtown amenities such as restaurants, arenas, increasing downtown housing, waterfront parks and music venues. For the next Insiders Meetup, we’re combining forces with the Louisville Downtown Partnership for the First Downtown Office Space Tour on Monday, May 19. The self-guided tour will feature six office spaces and take place before (3 p.m to 4:30 p.m.) and after (6 p.m. to 7 p.m.) the Insiders Meetup at 4:30 p.m. to 6 p.m. at the new Evan Williams Bourbon Experience. The Insiders Meetup will feature a panel of commercial real estate professionals composed of
• Powell Spears with Cassidy/Turley Harry K. Moore; • David Hardy with CB Richard Ellis • Reed Weinberg with PRG Investments. You can get more information about the event, as well as your free reservation, here.
We’ll also have a more in-depth post about the Insiders Meetup on Friday. The locations listed below will have representatives on hand to show you what’s new and available at each location and what a Downtown location can do to benefit businesses. Refreshments will be provided as well. The locations are:
Glassworks – 815 W. Market St. Theater Building – 629 S. Fourth St. Marion E. Taylor Building – 312 S. Fourth St. Arts and Commerce Building – 315 W. Market St. First Trust Center – 200 S. 5th St. 311 W. Muhammad Ali 819 W. Main St. The tours are free, as is the Insiders Meetup, and open to the public. A word to the wise: In the last few weeks, a number of companies including Commonwealth Bank of Australia have zeroed in on downtown, taking big blocks of Class A office space. So this window of opportunity won’t be open forever …. You’re not going to want to miss this one. About The Louisville Downtown Partnership: The Louisville Downtown Partnership is an economic development agency comprised of the Louisville Downtown Development Corporation (LDDC) and the Louisville Downtown Management District (LDMD). LDP is a vocal advocate for downtown, working with property owners, government agencies and elected officials to create downtown jobs and investment. The Louisville Downtown Development Corporation’s mission is to improve the economy of Metro Louisville by coordinating an aggressive public/private program to promote the redevelopment, vitality and economic growth of the Central Business District. The Louisville Downtown Management District’s mission is to promote the neighborhood’s quality of life by creating a safer, cleaner and more enjoyable environment. The District has defined boundaries and is supported with assessments paid by district property owners.