UofL opens Nucleus building, hopes to become innovation hub


by Claudia Coffey


Posted on October 23, 2013 at 4:19 PM

Updated Wednesday, Oct 23 at 4:19 PM

LOUISVILLE, Ky. (WHAS11)--The first hybrid research , technology and office building opened its doors in downtown.

The Nucleus is funded by the University of Louisville Foundation and it's aiming to transform the city into a hub for innovation.

Kentucky Governor Steve Beshear in Louisville today, joining Mayor Greg Fischer and U of L President James Ramsey  in cutting the ribbon on a new Nucleus building downtown.

Nucleus is an initiative by the University of Louisville that aims to integrate school and community resources in order to transform the city into a hub for innovation. Beshear said this can attract other research driven companies to Louisville.

" This project is not just about economic development in Louisville . It's not only about fostering research at this great University. It's also about continuing to create a whole new narrative , a whole new foundation for Kentucky's economy," Beshear said.

This new building on East Market Street is on the site of the city's old Haymarket. The University of Louisville Foundation fostered it's development to merge University innovation, research and businesses into one site.

Atria is expected to be the largest tenant in the nucleus building however it will also serve as a hub for other start up businesses.

" This is a proud day for us. It proves again. we just don’t talk the talk we walk the walk and building new economic opportunities and clusters in our community," Ramsey said.

The 8 story building is already 98 percent full. It also features a rooftop garden and will add a restaurant