By Marty Finley
Reporter, Louisville Business First
More than 180 apartments are planned for a Southwest Louisville property that will require a zoning change to move forward.
David Greenberg, owner of Louisville-based residential and commercial developer Select Homes LLC, is asking Louisville Metro planners to rezone a nearly 11-acre site on Lower Hunters Trace and Cady Court from the R-4 and C-1 zoning districts to the R-6 zoning designation. The primary project address is 2400 Lower Hunters Trace, which is located near Dixie Highway.
The rezoning request was made to make way for a 184-unit apartment development on the site, where the previous use had been a commercial nursery, according to city filings.
A site plan filed with the city shows the project’s units would be divided among multiple two- and three-story buildings, most of which would house 24 units. The site plan also shows a proposed dog park, clubhouse, playground, garages and open space. Greenberg said a fitness center also is planned, and he may add picnic areas for residents.
Select Homes has developed apartments in this area of the city before, and Greenberg said the units should appeal to different types of renters who work in the area. The units, he added, will be mixed between one- and two-bedroom units.
“It’s a true blue collar product in that area,” Greenberg said by phone Tuesday.
Lease rates and construction costs have not been finalized, and Greenberg said he doesn’t have a timeline on the construction yet because the rezoning process could take several months. The increased cost of construction materials could also factor into the timeline.
He is working with Louisville’s Land Design and Development Inc. — a surveying, land planning, civil engineering and landscape architecture firm — on the project.
In addition to residential properties, Select Homes has built several commercial projects, including retail stores and office condos, according to its website.
The Louisville multifamily sector has remained hot for several years now as new projects pop up basically every week.
For example, Louisville Business First recently reported that Birmingham, Alabama-based LIV Development has proposed a 302-unit apartment complex on 18 vacant acres at 5217 Springdale Road, near the intersection of Interstate 71 and the Gene Snyder Freeway. A site plan shows those apartments would be distributed among 10 buildings with one-, two- and three-bedroom layouts offered.
And Redwood Living Inc. has started construction on Redwood Louisville Bardstown Bluff Road, a 135-unit development with single-story apartment homes that range in size from 1,294 square feet to 1,620 square feet. Monthly rental rates start at $1,599 inside the complex, which is located at 11307 Willow Pond Drive off Bardstown Bluff Road, near Broad Run Park in Louisville.