Phil Scherer on adaptive reuse: It’s the future of downtown Louisville’s office segment
By Steve Kaufman | Posted on November 5, 2013Adaptive reuse. It’s the commercial real estate buzzword that Phil Scherer thinks might likely be the future of downtown Louisville. “If someone came in over the weekend and tore down a bunch of office buildings that were only only 50 or 60 percent occupied,...
Louisville office space: A game of musical chairs, and Humana is paying the musicians
By Steve Kaufman | Posted on July 16, 2013Maybe it was because of comments made by Ben Bernanke. Testifying before Congress in May, the chairman of the Federal Reserve Board said the Fed could “take a step down in our pace of purchases” in the “next few meetings” if it sees continued...
New downtown Louisville residential study will show tight luxury market, big shift toward renting
By Steve Kaufman | Posted on July 2, 2013The Louisville Downtown Development Corp. will soon be issuing the results of a downtown residential demand study, and how to develop a strategy to best meet that demand. Give the city credit for its ongoing concern. We have the Ohio River and now a...
Special Report: 'Armageddon impact' of expiring leases boosts Louisville's downtown office vacancy rate
By Steve Kaufman | Posted on April 15, 2013It’s only getting worse. If you’re one who believes the measure of a big city is the hustle and bustle of its downtown office buildings, I recommend that you avert your eyes. The Class A vacancy rate in Louisville’s Central Business District, according to...
Monday Biz Briefing: Even closed, Lynn's Paradise Cafe is still the hottest spot in town
By Staff | Posted on January 21, 2013Welcome to the January 21 edition of the top-secret, always confidential Monday Business Briefing. These are biz tips Insider Louisville staff and contributors have collected during the past few days, a few of which are NOT double-verified as with our daily reporting. But as...
Downtown Louisville Class A office vacancies double, reaching double-digits
By Steve Kaufman | Posted on January 21, 2013Commercial Kentucky and parent, Cushman & Wakefield, just released their quarterly report on the Louisville business office market. And despite all the commissions and talk and plans devoted to building up downtown, it was hard to avoid some pessimism from the fourth quarter numbers....
New Commercial Kentucky figures show downtown office vacancies high and rising
By Steve Kaufman | Posted on October 16, 2012While the mayor – citing results of a just-released study – and economists debate the city’s expected return on investment for Fourth Street Live, another brand new set of figures shows a discouraging trend for those hoping for the commercial revival of downtown Louisville....
E. Phillip Scherer IIIJune 19, 2019
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