Germantown Gets Down
by MIKE HALL, Owner/Broker/Agent
Germantown is an up and coming neighborhood in the Louisville Metro. With its close proximity to downtown and nightlight, it draws lots of young professionals.
Hot neighborhoods, like Germantown, are hardest to get into because of the limited amount of existing housing and the limited areas available for new development. However, there is hope. Old, industrial buildings are starting to be repurposed across the city. Drawn to the vintage charm, many developers are recognizing the potential in repurposing rather than building new.
One such example is the recently announced development of upscale condos in an abandoned Germantown warehouse. East Kentucky Street will see the invigoration of a property currently owned by Bargain Supply Co.
Developer Ryan Lykins will bring 25 luxury lofts to the space which will be sold rather than rented. Lower level condos will range from $200,000 to $300,000 while penthouse properties will go for up to $500,000. The building will boast up to 18-foot ceilings and underground parking for added convenience. Keep up to date on the development by reaching out to your Red Edge agent!
Source: The Courier-Journal