Solid Light is reconfiguring its operations to accommodate the Louisville company’s recent growth.
The multimedia and interactive exhibit design firm bought a 55,000-square-foot building at 804 S. Fifth St. for $1.68 million on June 14, according to Jefferson County property records.
E. Phillip Scherer and E.P. Scherer of Cushman & Wakefield/Commercial Kentucky represented Solid Light, while Larry Williams, a broker with Stephen G. Gault Co., represented the Theobald family in the sale. The family, which founded E&H Electric Supply, had owned the property for decades and continued to own it even after selling the electric supply business to CED Industrial Solutions.
Solid Light plans to move its offices to the building from its current headquarters at 438 S. Third St., according to a news release from the company. Its fabrication facility, which currently is located in the Bluegrass Industrial Park, also will relocate downtown.
“Our company is growing, and we’re running out of room in our downtown office,” Solid Light president Cynthia Torp said in the release. The company currently employs 29 people, more than double the employees it had in 2014.
“I wanted to stay close to the Central Business District, and we needed a pretty large footprint that would provide sufficient office space paired with ample industrial space,” Torp continued.
The company estimated it will spend $1 million to $1.5 million on renovations to the building and has received financing from Commonwealth Bank & Trust Co., the release states. Louisville-based Realm Construction Co. will serve as general contractor on the project.
Solid Light plans to move in to its new headquarters in the spring of 2017.
Around Louisville and Southern Indiana, Solid Light’s work is easy to find. The company has created exhibits for the Evan Williams Bourbon Experience, Louisville Water Co. Waterworks Museum, and Falls of the Ohio Interpretive Center. It recently won an award for the latter.
Its current project include exhibits at a rye whiskey distillery in Baltimore, at the American Civil War Museum in Virginia, at the Kentucky High School Basketball Hall of Fame, and as part of a Bourbon District being created in Louisville.