Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday.
Longtime home of Corbett’s restaurant listed for sale
The property where Corbett’s has operated for a decade is for sale; however, the fate of the restaurant is unknown.
The 4,900-square-foot building, at 5050 Norton Healthcare Blvd., is listed for $4 million on the Commercial Kentucky website. The listing agent declined to comment for this story.
Insider reached out several times to Corbett’s owner and well-known Louisville chef Dean Corbett, who owns the property, to see what will happen to the restaurant should the building sell but did not hear from him before press time.
The restaurant concept itself is not listed for sale, which could mean that Corbett’s would move if the building sold or that Corbett may be looking for an investor who would own the property, while allowing Corbett’s restaurant to continue operating at the site.
Corbett also owns the property in St. Matthews where his other restaurant, Equus and Jack’s Lounge, is. That property is not listed for sale.
In the listing for 5050 Norton Healthcare Blvd., the real estate firm is touting the building’s well-designed and fully equipped kitchen and its high-end finishes, as well as the neighborhood’s average household income of more than $150,000. The two-story building has a 1,800-square-foot basement and a 500-square-foot garage.
The 1.9-acre property also is near commercial centers such as The Paddock Shops, a Norton hospital and Norton Commons.
Corbett opened Corbett’s, a fine dining restaurant, in the former Von Allmen mansion in 2007 amid the recession. The restaurant became known for its high-quality service and as a spot to celebrate birthdays, anniversaries and other milestones in style. It’s held a AAA four-diamond rating since 2009.
Earlier this year, Corbett’s debuted its more casual side. The restaurant kept popular high-priced menu items but added offerings such as nachos, a burger and chicken wings.
“We’d just like people to come in a little bit more often and be thought of less in the vein of special occasion and more as in ‘Hey, why don’t we go over and grab a quick bite and a really great mixed drink’ versus ‘Let’s save up all our money for an anniversary dinner,’” Corbett told Insider previously.
Metro Council committee votes against Prospect Cove
A controversial project called Prospect Cove will go before Louisville Metro Council, but it has one strike against it.
Plans for the almost 200-unit affordable senior housing project were unanimously approved by the Louisville Metro Planning Commission in late August. However, the Louisville Metro Council’s planning and zoning committee this week voted 4 to 2 against Prospect Cove.
“It would do irreparable harm,” said Councilman Scott Reed, R-16, who represents the Prospect area and sits on the committee. Reed stated the project is “out of character” with the surrounding area, needs more parking spaces and is not near enough amenities or services that its residents need.
He echoed some of the criticisms that his constituents have stated during public meetings related to the Prospect Cove project. Prospect Mayor John Evans has even said he could take legal action if the project is approved.
Old Forester names new distillery manager
While the brand new Old Forester Distillery won’t open in downtown Louisville until next spring, Brown-Forman is getting its staff in order for when those doors swing open to bourbon-thirsty residents and tourists.
The company recently named Juan Merizalde Carrillo as the new distillery’s manager, and he’ll join the solid team of Old Forester President Campbell Brown, Master Taster Jackie Zykan and Master Distiller Chris Morris.
Carrillo has worked at Brown-Forman since 2007 and has assumed many roles that have prepared him for this job, the company said. From research and development to management positions at the Jack Daniel Distillery, he comes with a vast knowledge of whiskey and its intricacies.
“Juan is the perfect recipe for what we need to manage the Old Forester Distillery,” said Brown in a press release. “His experience in a lab environment coupled with his production knowledge provide a strong base for a unique facility that will showcase the art and science of bourbon-making under one roof.”
Courier-Journal alum to become chief storyteller for Exomedicine Institute
Pam Platt, the former editorial director of The Courier-Journal, will now share stories on medical breakthroughs that “may not be on the planet Earth.” The Lexington-based Exomedicine Institute said this week that it has hired Platt as its chief storyteller.
The institute describes itself as a private, nonprofit, collaborative enterprise focused on the research and development of new medical solutions in the microgravity environment of space for novel applications on Earth.
“Platt will use multiple platforms to tell the often human stories about companies, organizations, scientists and the potential beneficiaries emerging from this exciting new frontier in the microgravity environment of space,” the organization said in a news release. She also will work as its media liaison.
In the announcement, Kris Kimel, founder of the institute, said: “Pam brings passion and commitment to the subject of space and the job of storytelling, which is so critical to making this new era in space real and meaningful to people on Earth. We’re excited not just to start the work of sharing stories, but to see where this storytelling adventure might lead.”
Before working in Louisville, Platt lived and worked in Florida and picked up an interest in space, according to her bio. She said she spent some of her teenage years watching Apollo launches on beaches not far from Kennedy Space Center. Later, she worked at the Space Coast newspaper, which allowed her to write stories and editorials about the Space Shuttle program and the people who made it happen.
In 2016, Platt became a one-day champion on “Jeopardy.”
In a statement, Platt said: “I am so excited to bring stories and news of other possibilities — ones dealing with the potential of making people’s lives better through space and science — to the widest possible audience. I’m particularly proud that this Exomedicine initiative, which has global implications, is born, bred and based in Kentucky.” —Mickey Meece
Nashville mayor unveils plan for light rail
Nashville Mayor Megan Barry this week revealed a $5.2 billion mass transit proposal that may make some locals green.
The plan includes 26 miles of light rail, improved and expanded bus service, and a tunnel below downtown where the transit lines would meet, according to the Tennessean.
Some residents and transportation activists have called on Louisville leaders to invest in light rail as a way to reduce the number of cars on the road. After Louisville debuted its transit plan Move Louisville, Mayor Greg Fischer said the city doesn’t have enough population density and is too sprawled to make a light rail system worth the investment.
While Louisville’s 20-year transit plan includes improvements to the city bus system, Insider commentator Joe Dunman argued that buses are “beholden to the delays and obstacles that create traffic gridlock.” He called the absence of light rail a detriment to the city’s future. —Caitlin Bowling
The Brown Hotel, 21c Museum Hotels receive high marks from Condé Nast Traveler readers
The rankings are based on the quality of rooms, service, food and dining, location and overall design.
The Brown Hotel ranked fifth among the “Top Hotels in the South.”
Five boutique hotels owned by Louisville-based 21c also were named “Top Hotels in the South.” The Lexington hotel ranked sixth; Nashville ranked 15th; Louisville ranked 17th; Durham, N.C., ranked 22; and Bentonville, Ark., ranked 37th.
The Cincinnati 21c and the Oklahoma City 21c ranked fifth and 25th among hotels in the Midwest.
“Condé Nast Traveler readers are some of the most discerning travelers in the world,” said Craig Greenberg, CEO of 21c Museum Hotels, in a news release. “We strive to deliver not only genuine hospitality, but to delight our guests with thought-provoking contemporary art and to make meaningful contributions to the communities we call home.” —Caitlin Bowling
The Humana Foundation, the insurer’s philanthropic arm, has named Walter D. Woods its new chief executive.
The newly founded Passport Foundation, the philanthropic arm of Passport Health Plan, has appointed Keisha Deonarine as its first executive director.
ResCare has named Sonny Terrill its chief human resources officer and David Harbor its residential services president.
Dr. Darryl L. Kaelin, professor and chief of the Division of Physical Medicine and Rehabilitation at the University of Louisville and medical director of the Frazier Rehab Institute, this month assumed the role of president of the American Academy of Physical Medicine and Rehabilitation.
ResCare caregiver Jamar “Barkim” Gowins has been recognized by the Kentucky Association of Private Providers for outstanding service to people with disabilities. DSPs are caregivers who provide daily support services for people with disabilities.