Liberty Green mixed use development officially open


by Claudia Coffey

Posted on March 8, 2012 at 7:51 PM

Updated Thursday, Mar 8 at 8:01 PM

LOUSIVILLE, Ky. (WHAS11) -- The ribbon has been cut on another mixed use development in Louisville - one that used to be riddled with crime and now is a model for the country.

The Clarksdale Housing Project used to be one of the highest crime areas in the city but today, it's gone and crime has gone down.

In its place, the newly opened Liberty Green. Nestled right in between East Main and Market - the first 8 units are done.

One walk through Boston native Eric Gratz's new three story townhome and you feel like you're in Downtown DC or New York.  Gratz said the selling point was it's location to work and entertainment.

"In Boston I could never afford to live this close to town. I think its a great opportunity. Louisville has great restaurants. The downtown has grown a lot in last three years since i have been here, " Gratz said.

Mayor Greg Fischer and other city officials cut the ribbon Thursday for the next  phase of the Edge at Liberty Green today. These  8 units go for under 120 thousand. Its a mixed use development that includes a 28 unit apartment and a quad for the University of Louisville Health Sciences Center. By fall 3 new restaurants will open.

"We are standing in what will be a national model on how to transition from a place once known as Clarksdale to now Liberty Green," Fischer said.

Then newly constructed units sit where a barrack-style housing project used to, and it was a place where crime thrived. It was torn down and the city purchased the property for mixed use development. Something once unheard of but popular and successful in other cities. 

The Iroquois development has since been leveled, and by April, Shepherd's Square will be demolished, too.

Mayor Fischer said the time for that style of housing has passed.

"We all see that they have a time and a place but their time and place is gone and its better for us to have different styles of housing options for our community," Fischer said.

Fischer, other leaders and new owner Eric Gratz all said they see this as offering something for all income levels.

"You can see this already driving through her. You can have a single mother living next to a senior citizen living next to a doctor living next to a medical student," Fischer said.

This is the first of the privately developed condos - in the future 32 more units will be added as well as garden style homes.