The forthcoming Gateway to Nulu Building, yet another development in the booming East Market Street corridor, will be a mixed-use development, but technology will be its calling card.
A pair of anchor corporations, EdjAnalytics and El Toro, will occupy more than half of the roughly 72,000-square-foot complex in the upper floors, with mixed-use and co-working facilities through Lodgic: Everyday Community in the two lower floors and basement.
The estimated $12.2 million project is the work of Campisano Capital, which also will have offices in Gateway to Nulu, located at the corner East Market and South Hancock streets.
Plans call for the roughly 21,000 square feet Lodgic will occupy to include a pair of restaurants in Clever Moose Market Café and Everyday Kitchen, a coffee shop, co-working space and child care services.
El Toro, an IP targeting company and primary investor in the project, will utilize 36,700 square feet in the third and fourth floor. EdjAnalytics, a data analytics company, will occupy 10,000 square feet on the second floor, while founder Sean O’Leary is also an investor in the project. Campisano’s offices will use about 2,000 square feet on the second floor.
“We are thrilled to be bringing some of the best minds in Louisville under one roof,” developer Nick Campisano said in the project’s executive summary. “We believe this will drive further innovation and technological enterprises in the community.”
The development was designed by Stengel Hill Architecture with construction through MC Associates. A fourth floor will be added to the structure, which will be renovated to include a ground-level patio space, a glass elevator and stairs tower facing outside, upgraded landscaping and parking.
While amenities are modern, the integrity of the original building will be preserved, officials said.
Campisano said the building “combines the historical NuLu architecture with more modem elements to create a beautiful exterior and bight interiors.”
In addition, a parking garage will be developed in cooperation with Weyland Ventures, which is redeveloping the empty church building adjacent to the development at 600 E. Market St. Weyland is developing the church into entertainment center called ChurchKey, with a themed restaurant, sports bar and event venue with a 4,000-square-foot courtyard.
Weyland also is renovating the former Louisville Chemical Company building a block away on Jefferson Street, transforming it into a boutique hotel.
Gateway to Nulu is expected to be open by February 2020.