JEFFERSONTOWN, Ky. — City of Jeffersontown officials are seeking a private developer to bring life to a 2.38-acre site at 3608 College Drive, just east of Watterson Trail. The property is adjacent to the Gaslight Square District and fronts on Billtown Road.
Jeffersontown officials believe the site is well-suited for a condominium development, but they are open to other uses, including a boutique hotel, office complex, retail center or mixed-use development.
“The ease of access there and proximity to retail establishments make this site ideal for condos,” said Jeffersontown Mayor Bill Dieruf. “Condos provide a great option for homeowners who are downsizing or young professionals looking for a first-time real estate investment. We think both demographics would appreciate the walkability of our revitalized downtown that surrounds the site.”
The acreage is adjacent to the popular 3rd Turn Brewing and its sister business, Next Door at 3rd Turn, a bourbon and cocktail bar. Other nearby dining and entertainment options in the walkable district include Feast BBQ, Royals Chicken, RecBar, J-Town Beach Volleyball, Gaslight Diner, Bearno’s Pizza, El Nopal and Chubby Ray’s.
Since acquiring the 2.38 acres in 2017, the Jeffersontown Economic Development Authority has invested about $165,000 to purchase, clear and clean up the site, readying it for development. Electricity, natural gas, water and sewer access are already available to the property.
The Jeffersontown Economic Development Authority, an agency of the City of Jeffersontown, has issued a Request for Proposals related to sale of the site. The RFP is available for pick up at Jeffersontown City Hall,
10416 Watterson Trail, during regular business hours or can be accessed on the City of Jeffersontown’s website at www.jeffersontownky.gov.
Responses and inquiries should be directed to Mike Kmetz, executive director of the Jeffersontown Economic Development Authority (JEDA), 10416 Watterson Trail, Jeffersontown, Ky., 40299, no later than Friday, July 16, at 4:30 p.m. JEDA’s board of directors will review all proposals and reserves the right to reject any bids deemed unacceptable. Plans for apartment complexes will not be considered.
Proposals must include:
• Narrative of the proposed Development Plan and expected investment;
• Conceptual drawing, artist rendering and/or examples of comparable work;
• List of developers’ qualifications;
• Estimated timeline for development’s completion.
“We prefer condominiums over apartments on the site since many new apartment options are available in eastern Jefferson County and specifically in Jeffersontown,” Kmetz said. “There’s nothing like this prime piece of property in our area. It’s located close to many restaurant and retail options, parks and recreation facilities as well as the 1,850 businesses that operate in Jeffersontown. We look forward to seeing the creative ideas developers send our way.”
Add Comment