LOUISVILLE, Ky. (WAVE) – State officials announced Thursday they will award the One Park development project up to $62 million in state incentives, adding to more than $110 million in local incentives already approved for the project.
The One Park development, first revealed in 2014, is planned for a site in Louisville’s Irish Hill neighborhood. The project would include hundreds of apartments, a hotel, shops and restaurants.
Divided neighborhood
The project has drawn both support and opposition from Irish Hill residents for more than a decade. Some neighbors have argued the development is too large for the area.
“I think it’s little in this project that’s going to attract businesses to Louisville,” one person said in a meeting in 2023.
Councilman’s position
Louisville Councilman Andrew Owen, who represents the Irish Hill neighborhood in Metro Council, voted against a tax-increment financing plan in late 2023, citing concerns about the use of public money. He was one of seven councilmembers who voted against the plan. Seventeen members voted in favor of it…