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Kentucky
Edition cover
of the August issue.
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Found among the masses early in the evening is an eclectic
mix, including grandparents, couples with young children
in tow, and teenagers. Wristbands, issued with a flash of
ID at the entrance, control who can buy drinks at any of
the alcoholic beverage stations positioned along the street
within the complex.
Later, as kids are tucked into mini vans and driven home,
the crowd thickens with revelers, chatting in groups and
moving in and out of the restaurants and bars, many of which
are open until 4 a.m.
I get off work at 2:30 a.m. on weekends, and when
I leave, the street is packed with people, said Jennifer
Clem, 21, a waitress at T.G.I. Fridays. Ive
lived here all my life, and when I see that, I cant
believe Im in Louisville.
The scene would no doubt please executives of the Cordish
Co., the Baltimore-based developer responsible for creating
the complex. In 2002, the company purchased for $1 from
the city of Louisville the former Galleria, a 1980s style
shopping mall that had, along with big hair and Members
Only jackets, lost its appeal among contemporary Louisvillians.
Cordish, well-known and respected for its real estate expertise,
is the largest developer of entertainment districts and
concepts in the country. At the companys helm is chairman
David Cordish, whose grandfather, Louis Cordish, in 1910
began developing office and apartment complexes in the Baltimore-Washington,
D.C, area. The company encompasses four generations of privately
held family ownership and over the past 10 decades has grown
into multi-billion dollar conglomerate.
4th Street Live! is one of several entertainment centers
recently developed by Cordish. The most similar to 4th Street
Live! is Power Plant Live!, which opened in Baltimore in
phases from 2001 to 2002. Located two blocks from the citys
Inner Harbor, the two-square-block entertainment district
includes 15 bars, restaurants, comedy and dance clubs and
other entertainment venues as well as loft offices.
Cordish also operates in Baltimore the Power Plant, a mixed-use
project that includes the first ESPN zone in the country
as well as Barnes & Nobles, Hard Rock Cafe, Golds
Gym and office space. Last year, the development attracted
more than 10 million visitors.
In addition to 4th Street Live! and its Maryland developments,
Cordish owns similar complexes in New Jersey, Utah, Virginia,
South Carolina, Texas and Florida.
Like it did with Baltimores Power Plant Live!, Cordish
has filled its Louisville development with a hip and trendy
tenant mix of national and regional operators. Hard Rock
Cafe, its 35-foot neon guitar sign one of 4th Street Live!s
most conspicuous beacons, is among them. Generating a 2
1/2-hour wait on a typical Saturday evening, the 8,500-square-foot
restaurant offers casual dining amidst a plethora of trademark
memorabilia, which includes guitars and clothing from artists
such as Ringo Starr, Elvis Presley, Aerosmith, Van Halen
and ZZ Top.
Next door to Hard Rock at street level is the entrance to
the 12,000-square-foot Red Cheetah Lounge, an upscale nightclub
complete with cheetah print carpeting, sculpted metal palm
trees, dance floor and VIP area.
Other ground level eateries are T.G.I. Fridays and Red Star
Tavern, featuring steaks, chops and seafood along with an
extensive drink list including specialty martinis and beers.
Burgers, sandwiches and kid-friendly selections are also
available.
Located on the second level are Parrot Beach, a tropical
island-themed bar, Cold Stone Creamery, Rascals Comedy
Club, CVS Pharmacy, Fashion Shop, Bartinis, and Hogan Real
Estate.
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Photo
by Don Ward
Hard
Rock Cafe
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Although it has an array of places in which to eat, drink
and be merry, 4th Street Live! also can be enjoyed from
outside. A glass roof a Galleria leftover shelters
the area from rain, and on the second floor balcony are
a number of tables and chairs. Beer and mixed drinks are
readily available from outdoor, mobile vendors, and an arena
liquor license allows patrons to move freely about with
cups in hand. Television screens of various sizes complete
the techno-age atmosphere.
Whether the outdoor crowds will continue when the weather
cools remains to be seen. We expect some seasonality
to the project and most promotions will be planned for the
spring, summer and fall. We havent yet determined
whether we will use heaters, said Cordishs director
of marketing, Kimber Goodwin, a Kentucky native and University
of Louisville graduate who has been with the company for
three years.
Although by the end of July 4th Street Live! was attracting
large crowds, several tenants had yet to open. Among them
were Lucky Strike Lanes, a swank bowling alley-lounge concept
created by Jillians co-founder and former CEO Steven
Foster. Slated to premier in September, the lounge will,
in addition to bowling lanes, feature floor-to-ceiling video
screens in an atmosphere its creators say combines vintage
elements, modern decor, state of the art technology and
unforgettable cuisine.
Connected to Lucky Strike but with a separate entrance will
be Felt, a lounge with pool tables and a menu featuring
appetizers, burgers and pizza.
Also opening this fall will be the first ever Makers
Mark Bourbon House and Lounge. The 5,500-square-foot upscale
restaurant will feature an eclectic menu and, in addition
to Makers Mark, bourbons from each of Kentuckys
distilleries. We are excited to partner with the mayor
and with the Cordish Company to add our small piece to Americas
newest and best entertainment district, Makers
Mark President Bill Samuels Jr., said in a recent press
release announcing the restaurant, which is hoped to be
the first of several in select cities across the country.
4th Street Live! is among several downtown revitalization
projects that altogether have resulted in more than $200
million worth of investments. Among them are the Frazier
Historical Arms Museum, Muhammad Ali Center, Marriott Residence
Inn, Wyndham Hotel, Preston Pointe, Fleur-de-Lis Development,
Cobalt-Bravura City Lofts, Park Place Lofts, Waterfront
Park Place and Cobalt Marketplace.
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Photo
by Don Ward
Inside
Fourth Street Live.
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It fits in really well. Its a key element in,
number one, getting people to come back downtown,
said Barry Alberts, executive director of the Downtown Development
Corp.
Albert said the developments central location, in
the middle of downtown close to hotels, the convention center
and housing, is critical.
Although 4th Street Live! is expected to be a boon to overall
business in downtown Louisville, Matt Mershon, owner of
Dekes Marketplace Grill, said the development initially
may have cost him a few customers. Weve noticed
a difference here since it opened. Were seeing a smaller
crowd on weeknights but we still get busy late on weekends,
said Mershon, whose restaurant is located just one block
away at the corner of Third and Market streets.
Alberts said thats to be expected with a new development.
Some (businesses) may have initially seen a drop.
I think thats normal. But I think in the long term
everybody pretty much agrees that having thousands of people
downtown who otherwise would not be there will be good.
I think people have been pleasantly surprised and to some
extent amazed at the impact of the project so far. The number
of people coming to downtown has surpassed everyones
expectations.
Cordish is among them. The company announced recently that
it has increased its projected attendance from 3.5 million
to more than 4.2 million visitors a year.
Over 300,000 people have visited 4th Street Live!
since its initial opening less than one month ago,
said Cordish partner and director of national operations
Zed Smith. There were many sophisticated people who
told us prior to starting that this project was impossible,
that people would never come to downtown Louisville for
entertainment. Well, people are voting with their feet and
they are coming in droves. We are absolutely thrilled with
the results thus far.
Restaurants:
Hard Rock Cafe
T.G.I. Fridays
Red Star Tavern.
McFaddens Bar & Rest-aurant (opening in Sept.)
Cold Stone Creamery
Makers Mark Bourbon House and Lounge (opening
in Sept./Oct.)
Rocky Rococo
Tai Pei Cafe
Wendys
Subway
Bars/Nightclubs:
Red Cheetah
Bartinis
Parrot Beach
Rascals
Center Bar |
Retail:
Borders Books & Music
Foot Locker
Fashion Shop
CVS
Hallmark
T-Mobile
Office Depot
Other:
Premier Fitness
Lucky Strike Lanes
Felt
Hogan Real Estate
August events:
Aug. 4: Colgate Country Showdown
Aug. 11: Gretchen Wilson
Aug. 12: Cheap Trick
Aug. 18: Jimmy Wayne
Aug. 19: Better Than Ezra
Hot Country Nights each Wednesday beginning at
7:30 p.m. Free show.
Party on the Plaza Summer Concert Series each
Thursday. Free show.
Fifth Third Bank Friday Live! Each Friday 5-8
p.m. Live Music |