New $100 million logistics park planned for West End
A $100 million development could bring new opportunities to West Louisville.
The project is Louisville Logistics Park, a Class A business park located off Cecil Avenue in the West End. Louisville-based Hollenbach-Oakley is developing the property in tandem with Boyd Company, whose Louisville branch is located at 1400 Cecil Ave.
The park will include over 1.3 million square feet of buildings for light manufacturing and assembly, warehouse distribution and office, and the firm estimates it will be broken down into six or seven buildings. The site, owned by Boyd, has over 100 acres, and the business park will be built on about 80 of them.
“We are very excited about the opportunity to develop nearly 80 acres in West Louisville for the Louisville Logistics Center offering 1.3 million square feet of industrial warehouse and office buildings,” Monty Boyd, chairman and CEO of Boyd Company, said in an email.
“We are moving through this process thoughtfully, strategically, and respectfully – keeping our Boyd Company employees located at this site and our neighbors all in mind. Projects like this do not happen overnight, and no immediate change is expected to impact the day-to-day operations of our Louisville Branch and Boyd Truck Center located on the property. Through the initial stages of the project, we have strived to keep our community and employees up-to-date on our progress in a timely manner and we plan to continue this approach.”
The firm is anticipating a spring groundbreaking on the project. The first step of the project includes a new entrance to the park so trucks will no longer travel on Cecil Avenue, leaving the road clear for residents in the area.
That part of the project should finish around the fall, with site work on the first building beginning soon after. The firm is planning for the additional buildings to be completed in phases from 2023 and 2028.
This project has been in the works for over two years. The firm began master planning the site in October 2019. Horizon Commercial Realty will work to market the park to lease.
The site was ideal for the firm because of its access to major roads like I-264 and Southwestern Parkway. It’s located 10 miles from the airport in the spot that was formerly home to the fairgrounds.
One of the reasons the company chose this area of town is because it has been underserved in terms of state-of-the-art business parks. The development will be made with top designs and materials in an area lacking with new construction. As developments are spreading out further on the outskirts of Louisville, this project will keep businesses in the county.