UofL Opens Downtown Research Building

By: Associated Press
By: Associated Press

LOUISVILLE, Ky. (AP) — The University of Louisville has opened a downtown building that's expected to become a research hub for the region.

UofL officials say the eight-story, $20 million building is the first of what they hope will be a cluster of buildings at the downtown research park.

The development has been talked about for a decade and is spearheaded by the UofL Foundation, the school's fundraising arm.

Gov. Steve Beshear said Wednesday the new research park will be a key driver in Louisville's transformation into a research hub.

The project was delayed by the economic downturn.

UofL President James Ramsey says tenants have agreed to leases for all but 3,000 square feet of the 200,000-square foot building. The lead tenant is Atria Senior Living, one of the country's largest operators of senior housing.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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