Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday.
Renderings revealed for new Goodwood Brewing Co. brewery and taproom
Louisville-based landscape architect and urban design firm Booker Design Collaborative submitted plans to the city for approval on behalf of Goodwood Brewing. The plans call for 15,676-square-feet brewing operation, a 6,118-square-feet taproom, a 4,571-square-feet outdoor patio, a basement for storage and a 4,052-square-foot rooftop terrace “that will offer dramatic views of the downtown skyline,” Booker Design Collaborative said in the application.
The building will share a 420-space parking lot that will be created as part of the overall redevelopment. The parking lot will allow Goodwood Brewing to incorporate “a significant outdoor beer garden,” with a place for games and community seating.
The plans require that two existing vacant buildings be demolished and a single building made of cedar siding, brick, polycarbonate panels and metal siding to be erected. The main facade will sit along Broadway, which Booker Design Collaborative said could be a catalyst for redevelopment of nearby buildings in the East Broadway corridor.
In addition to Goodwood Brewing, the Paristown Pointe redevelopment includes the expansion of Louisville Stoneware and the construction of a new venue for the Kentucky Center for the Performing Arts. Los Angeles-based architectural firm wHY Architecture designed the new district to include a storm water infiltration system, native plants, natural building materials and outdoor public spaces. —Caitlin Bowling
Louisville developer starts a foundation in honor of his son
Eric Bachelor, owner of Brendon’s Catch 23 and developer of Embassy Suites Downtown, and his daughter, Erica Bachelor, have created a nonprofit to honor Brendon Bachelor.
Brendon Bachelor, son of Eric Bachelor, died in a car accident in 2014. To memorialize him, the family has founded the Brendon P. Bachelor Foundation for Sports & Education, saying he was “a man who inspired the organization and gracefully left behind a message of living life to the fullest and making every moment count,” according to a news release.
The foundation will host a 50-minute cycle class on New Year’s Day at 2 p.m. at Cycle Bar, 4600 Shelbyville Road Suite 104. After class, participants can enjoy refreshments, juice tastings from Life Bar and mimosas, as well as participate in a health and wellness auction items. Cost is $50 per person.
“When you focus on youth and emphasize sports and education, you’re investing in the future leaders of our community, and instilling the proper foundation of team work, ethics and academic achievement,” Erica Bachelor, president of Brendon P. Bachelor Foundation, said in the release. —Caitlin Bowling
Local filmmaker and producer Stu Pollard wraps up filming this week
If you spotted a group of people around town toting cameras, sound equipment, lighting screens and a director’s chair, it was most like the crew of “Rust Creek,” Stu Pollard’s latest major film project since 2005’s “Keep Your Distance.”
Pollard is wearing the producer hat this time around and has surrounded himself with girl power. The writer, director, cinematographer, production designer, sound mixer and costume designer positions are all held by females, which is quite rare in the film industry.
Pollard tells Insider the crew spent time filming in Louisville and Bullitt County, and they plan on wrapping up before Christmas. The film follows Sawyer, a young woman who is confronted by her own mortality for the first time in her life.
“Rust Creek” is one of 19 films shot in Kentucky this year alone. According to Jay Hall, executive director for the Office of Film and Development, this is the most films ever shot in the state in one year, due mostly to our aggressive tax incentive for film productions.
Kentucky first started an incentive in 2009, and up until July 2015, only 11 films took advantage of it. But apparently, word has spread, and film companies are now considering Kentucky for more than just stories about horses. —Sara Havens
OOHology is in the process of relocating
Last month, IL broke the news that the digital and marketing agency, OOHology, had outgrown its 10,000 square foot Shelby Street headquarters and was relocating to a larger building somewhere “nearby.” Well, that “nearby” place is South 8th Street. Not quite as “nearby” as we had predicted; it’s a little over two miles away. It’s also just a few blocks away from the Distilled Spirits Epicenter and Moonshine University.
“We’re extremely excited to be renovating the third floor of an old tobacco warehouse on 8th Street,” the company announced in a newsletter. For the time being, OOHology folks are camping out in temporary digs on the first floor. “One client has dubbed it our “PurgOOHtory” while we wait on OOHtopia’s completion.”
The renovations were designed by Dave Mayo AIA of Studio MAYO Architects with significant input from OOHology staff. The new space is 12,000 and offers various different kinds of workspaces, from big open spaces to small offices to a park-like “grassy mounds” area that’s like lounging outside. A space has been allotted to serve as a lab for all the new virtual and augmented reality that the company is testing. –Melissa Chipman
Tourism numbers and dollars rose for Louisville in 2015
The Louisville Convention and Visitors Bureau has announced tourism stats for 2015 (stats for 2016 won’t be available until 2017), and they’re looking pretty good.
The number of “person trips” to Louisville rose 4 percent over 2014, to 24.2 million. One-third of those were overnight trips. Also spending on overnight trips went up a whopping 10 percent, to $1.235 billion. That’s with a “b.”
The study was conducted by Longwoods International and gives a small snapshot of who’s coming to Louisville and why. Turns out the average visitors are younger than the national average domestic traveler (41.5 vs. 44.9 U.S. average) and more likely to be women (56 percent, up 4 percent from 2014). People are also 7 percent more likely to come to Louisville for a special event or festival than the national average.
The LCVB also announced that they had already lined up 24 conventions and events for the Kentucky International Convention Center, from August 2018 to August 2020. The KICC closed for a two-year renovation in August. –Melissa Chipman
Vietnamese restaurant closing after nearly a decade in business
Basa Modern Vietnamese Restaurant on Frankfort Avenue will close to the public after dinner on Friday and close for good following a private party Saturday.
The restaurant was performing well financially and had solid employees, said Basa co-owner Steven Ton, but he didn’t want to continue running the restaurant without his brother. Michael Ton, the restaurant’s chef and co-owner, is moving to Florida with his wife.
“Without him, without a chef, especially one who does his food, there’s no Basa,” Steven Ton said.
The decision to close was a bittersweet one, he said, adding that he’s enjoyed spending roughly 10 years getting to know Basa’s customers.
“I don’t see a lot of restaurants like this,” Ton said, where staff has regulars drink orders on the table before they even arrive and greet their guests with hugs. “This is not just a business. I’m going to miss the interaction with guests who are friends.”
Ton also is a partner in the restaurant company Falls City Hospitality Group, which is separate from Basa, and will continue to be part of that group.
WSJ leaders look forward to likely Kentucky right-to-work law
The Wall Street Journal editorial board is rejoicing now that three more states, including Kentucky, are likely to pass so-called right-to-work laws.
Right-to-work laws bar agreements between employers and unions from making the payment of union dues a condition for employment. Opponents say such laws give workers a choice in whether they want to pay union dues, while opponents say it undermines unions and lowers wages.
The Kentucky chamber and state GOP leaders have long said that they want to pass such a law in Kentucky, but so far have run into opposition from Democrats in the House. Now that the House is under Republican control, the chamber and GOP leaders have identified a right-to-work law as one of their legislative priorities.
“Kentucky is the only southern or border state that isn’t right to work, but that should change now that Republicans have won control of the legislature for the first time since 1920,” the WSJ wrote in an opinion piece. “Unable to pass the measure statewide due to Democratic opposition, Kentucky let counties pass right-to-work laws. The local law survived a union challenge at the Sixth Circuit Court of Appeals, and a similar plan is working its way through legal challenges in union-strangled Illinois.”
While the conservative and business-friendly WSJ editorial board wrote that “Unions want to coerce workers into joining unions and paying dues even if this means there will be fewer jobs available,” academic research on right-to-work laws is unclear: An analysis by economics professors Ozkan Eren, of Louisiana State University, and Serkan Ozbeklik, of Claremont McKenna College, showed that “the evidence regarding the role of RTW laws on state economies is mixed at best.” —Boris Ladwig
WaterStep’s portable bleach maker wins prestigious product award
Local nonprofit WaterStep, which jumped in this year to help hurricane-ravaged Haiti with its new portable bleach maker, has won new product of the year from Environmental Protection, which describes itself as a comprehensive online, information resource for environmental professionals.
Its annual contest attracted entries in seven award categories, including environmental management, green technology, health and safety/cleanup, software/SaaS, soil and groundwater, wastewater and water, according to a news release. WaterStep, which provides safe water and health education to communities around the world, won in the health and safety/cleanup category.
According to the release, the WaterStep product had the highest scores among all entries. Judge Tim Grobe commented, “I really like the portable bleach maker.”
The portable bleach maker is a handheld device that can generate powerful disinfectant on demand. It took WaterStep two years to develop the product, which was field-tested in Kenya, Nigeria, Costa Rica, Uganda, and in Ecuador following the devastating earthquake last April.
“No matter our background, the year coming to a close and the idea of hope and a new beginning punctuates the crisp cool air around us,” said Mark Hogg, Founder and CEO of WaterStep in the release. “The team at WaterStep couldn’t be more thankful to end 2016 by being recognized by Environmental Protection. We do not take this honor lightly, and it inspires our hope to see the day no child suffers from waterborne illness.” —Mickey Meece