Jeff Gateway Project to Provide 'Shot in The Arm'
JEFFERSONVILLE - The Jeffersonville City Council has approved a $30 million mixed-use project planned for a key entry point in the Ohio River community. Plans for the Jeffersonville Gateway development include a hotel, office park and four restaurants. Mayor Mike Moore says the project is a long time coming and has succeeded where other proposals on the 10-acre property have failed because of so much downtown momentum.
Moore says the project plays into a larger series of efforts to boost the quality of life in the Clark County city. "This 10 acres sits directly next to what we just converted into our arts and cultural district and that is next to this (Big Four) walking bridge that connects to Louisville, so it's kind of a domino effect," he said. Commerce and tourism near the river has increased with new restaurants, boosted walking and biking access from across the Ohio and a new marina, Moore adds, "but I really wanted to bring people north of Court Avenue. That's where this (neighborhood's) name NOCO comes from: North of Court. That's our arts and cultural district." The Gateway development will be built right up against the arts and cultural area.
Gateway, he contends, will be a "shot in the arm" for the city and help continue momentum created by the aforementioned developments. "This property -- economically -- will allow us to do a lot of great things and I'm very confident in the developer (Louisville-based Hogan Real Estate) that we've chosen, who has proven himself time and time again to be somebody who gets things done," Moore said in an interview with Inside INdiana Business.
Moore is in his second term in office. He initially ran on a platform that included nixing a multi-million proposal led by the previous administration to build a multi-million dollar canal project in the area that will now be the location of the Gateway development. Other development at the site, which is prone to flooding, has been pitched, but none stuck until now. "This has not been easy," Moore said about work to redevelop the site located off of I-65 near the city's "Welcome to Jeffersonville" sign. "This is actually the third different developer that we have been dealing with over the last six years." Hogan, Moore says, will "make this happen" and complete a development that he says will help keep residents -- and more of their dollars -- in Jeffersonville.
First tenants could be named within the next two months and a groundbreaking, Moore estimates, could take place early next year.