LOUISVILLE, KY (March 9, 2012) – East Coast Saloons and Fourth Street Live! are excited to announce a dynamic new dining and entertainment addition to the downtown Louisville, Tavern on Fourth. Tavern on Fourth will be a major anchor attraction totaling approximately 20,000 s.f. on the second floor of Fourth Street Live!, directly above The Sports & Social Club. Tavern on Fourth will bring approximately 80 new permanent jobs and approximately 60 new construction jobs to Louisville.
On the footsteps of successful locations in Midtown Manhattan and Center City Philadelphia, Tavern on Fourth will be opening its third venue in Louisville in 2012. Tavern on Fourth will be unlike any concept at Fourth Street Live! or in Louisville, filling a great niche within the popular dining and entertainment district. Tavern on Fourth’s upscale bar will appeal to the 30-and-up, professional crowd, while a live music room will attract a broader audience and will host the best of local, regional and national live entertainment. Notable features of Tavern on Fourth include:
• 2,000 s.f. interior-patio overlooking Fourth Street, complete with lush landscaping, soft seating, fire pits and bar
• Gourmet pub fare along with a beverage list to rival any in the City which will focus on craft beers from the region and around the country
• Regulation bocce courts and billiards
• Upscale library and lounge
• 9,000 s.f. live music venue and event space complete with state-of the-art sound, light and video systems
Design and decor of Tavern on Fourth will be an upscale combination of timeless high quality materials, with modern furniture and lighting features
Tavern on Fourth will be open 7 nights per week and will feature the best in local, regional, and national live entertainment
John Sullivan, President of East Coast Saloons, stated, “I have greatly enjoyed being a part of the Louisville community over the past eight years with Maker’s Mark Bourbon House & Lounge and Sully’s, and have been patiently waiting for the right opportunity to expand our scope. Tavern on Fourth is the perfect opportunity for us and we are excited to further our investment in downtown Louisville. I am confident that Tavern on Fourth will be a true marquee attraction for Fourth Street Live! and a great driver for the City of Louisville. One of the main reasons we are so excited is the expertise and passionate commitment to quality of The Cordish Companies. We have dozens of concepts across the United States and the Cordish Companies has no equal in terms of developing and operating entertainment districts.”
“This is an important development that will create new jobs and bring new tax revenues to the city,” Mayor Greg Fischer said. “It also will transform the long-vacant second floor of the Kauffman Strauss building into an energetic entertainment space for Louisville residents and visitors to enjoy. Cordish is a strategic partner for the city, and Fourth Street Live attracts 4.5 million visitors a year. The family-owned company has invested at least $50 million dollars in our downtown. Their decade-long commitment to Louisville is evident in the jobs they create, the tax revenues they generate and the entertainment variety they bring to our city.”
Megan Slattery, spokesman for Fourth Street Live!, stated, “We are proud to announce that Tavern on Fourth will open at Fourth Street Live! John Sullivan is one of the premier dining and entertainment operators in the United States and his newest concept will be tremendous addition to Fourth Street Live! and Louisville. Tavern on Fourth will fill a great niche for Fourth Street Live! appealing to the 30-and-up, professional crowd, coupled with the anchor draw of a live music venue. We are confident that it will be a favorite for Louisvillians and greatly appreciate the continued partnership of the City of Louisville. These are exciting times for Fourth Street Live! with the new additions of Gordon Biersch as well as PBR. Furthermore, we are also thrilled that with the addition of Tavern on Fourth, coupled with a major new office tenant, that the Kaufman Strauss building has been revitalized.”
East Coast Saloons is one of the most successful and sought after restaurant and entertainment companies in the country with over 30 locations. Their signature brand, McFadden’s, has locations across the United States including signature venues at the entrances to the Phillies’ Citizen Bank Ballpark in Philadelphia and the Mets’ Citi Field in New York.
The Cordish Companies (www.cordish.com), now in its fourth generation of family ownership, is an international conglomerate of businesses including one of the leading real estate development companies, entertainment and gaming companies in the United States. The Company has diverse development expertise with divisions focused on Entertainment & Mixed-Use, Gaming & Lodging, Sports Anchored Districts, Shopping & Lifestyle Retail, Office and Residential. The Cordish Companies also owns and manages a diverse group of operating businesses, ranging from gaming, restaurants/clubs to live music promotion and film/media distribution. The Company values itself on the quality of its operations, its long-term relationships, and high level of integrity in all of its endeavors.
The Cordish Companies is the largest and most successful developer of entertainment districts and concepts in the United States. In particular, the company has unparalleled experience in creating and revitalizing high-profile destinations in urban core locations. Many of The Cordish Companies’ projects involve public/private partnerships and are of unique significance to the cities in which they are located. Prime examples are the company’s prominent role in the redevelopment of Baltimore’s world-famous Inner Harbor; Atlantic City, NJ; Hollywood, FL; Charleston, SC; Houston, TX; Louisville, KY; Tampa, FL, Kansas City, MO; and Towson, MD. Hogan Real Estate is The Cordish Companies’ local partner in Louisville.
The Cordish Companies has received the highest possible national awards in its various areas of expertise. In real estate, The Cordish Companies has received an unprecedented seven Urban Land Institute Awards of Excellence.
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