‘Catalytic’ Redevelopment Rolls on in Clarksville
The former Colgate-Palmolive factory
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowClarksville’s new redevelopment director says a massive plan just approved by the Town Council will give the community something it’s lacking: a downtown. Dylan Fisher says the plan, outlined by Ohio-based urban planning and design firm MKSK, will have a catalytic impact on the community and the Kentuckiana region. A feasibility analysis suggests the redevelopment effort could generate $180 million in private investment near the iconic former Colgate-Palmolive facility and clock that sit across the Ohio River from Louisville.
The study area covers around 320 acres, which Fisher says are broken down into two parts. One is a "transition" area and the other is a "transformation" area. He says the transition portion will involve improving upon existing neighborhood and small-scale commercial assets. The transformation area, which is closer to the waterfront and encompasses the Colgate building, would see much more sweeping changes. Plans call for mixed-use developments involving several key properties, a full-service hotel and what Fisher calls a "major catalytic" waterfront park, all designed to attract interest within the town and draw attention from the other side of the river. He says the full report (linked below) suggests the transformation section alone could generate around $46 million in taxes if all plans are followed-through. The plan also highlights some 600 potential new jobs that could be created.
Fisher tells Inside INdiana Business the town is already beginning to implement some of the projects outlined in the plan.