eMAIN NEIGHBORHOOD TEAM MEETING AND REPORTS

Downtown Development Update
The development project on the southeast corner of East Main and Preston Streets is moving along quickly for a three-story apartment complex with live/work spaces on the ground floor. The Marriott Residence Inn planned for the northwest corner of Preston and Market Streets is also moving along, and plans include retail on the first level with a parking garage incorporated into the building.

Economic Development Update
Several prospective tenants have been shown the Clock Tower and other eMain locations. The Kentucky and Ohio chapter of CORENET (Corporate Real Estate Managers Group) held a continuing education class at the Community@ eMain and other groups have been utilizing the Clock Tower space in recent months.

eMain Business Directory
The eMain business directory on the eMain website is being updated - there are roughly 110 businesses on the list.

Tour of eMain
A tour of eMain properties was held on June 4. The tour was aimed at real estate professionals to increase their awareness of what is and will be available in the district. A group of more than twenty real estate professionals visited Cobalt Market Place at 445 E. Market Street, BCatalyst at 124 N. 1st Street, and the Clock Tower Building at 123 E. Main Street.

eMain Meeting
We are cancelling this month's eMain meeting that was set for Thursday, June 12, from 3:30 to 4:30 in the Clock Tower. Stay tuned for future meeting notices.

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RELATED LOCAL NEWS

Winery, other retail planned on East Market
A local couple is renovating an aging, 14,000-square-foot building at 829 E. Market Street and have plans to convert it into the home of Felice Vineyards LLC, a company that will produce and sell fine wines. Plans call for the first floor of the three-story building to house the winery's vats and fermentation room, which would be visible from street level; a tasting area; a gift shop and space for retail sales. The basement would be the wine cellar. Tentative plans for the second floor include two professional offices and/or art gallery or studio and a residential area on the third floor. Renovation of the winery is expected to be completed by late summer.
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Marriott gets a green light
Developers of the Louisville Marriott Convention Center Hotel planned for downtown is expected to break ground for the 617-room, $110 million project soon. The Marriott will have two lower levels containing about 20,000 square feet of meeting rooms, a ballroom, swimming pool, restaurant and a Starbucks coffee shop. The hotel rooms will be on floors three to seventeen in a tower that will cover the southern half of the site. The hotel is intended chiefly to serve conventions held at the nearby Kentucky International Convention Center.
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Downtown condo tower on track toward completion
The construction of Waterfront Park Place, a 76-unit condominium tower on the downtown riverfront, is fully under way. Officials are predicting that a model unit will be open by late summer. Workers will begin putting up exterior brick on the 22-story, $42 million tower within a week, and installation of extensive glass will follow. All the brick and glass should be in place by the end of August, and the first condominium model should be open by September 2003.
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Distinctive design takes shape
Work on the $11.1 million Preston Pointe, at Preston and Main Streets, which began a year ago is expected to be completed in September 2003. The distinctive roofline, which slopes sharply from a spear-like apex, gives Preston Pointe an appearance unlike any other building in downtown Louisville. The ground floor will have 17,000 square feet of retail or other commercial space. Floors two through five will be offices, with a total of about 68,000 square feet. And two-level condominiums with 2,000 to 2,600 square feet of space and a terrace, will be on levels six and seven.
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NEIGHBORHOOD ENTERTAINMENT

Slugger Field
http://www.batsbaseball.com/ 

Swanson Cralle Gallery
Call 589-5466 for more information

Stevie Ray's Blues Bar
http://www.stevieraysbluesbar.com/

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