JEFFERSONVILLE—A proposed $30-million development project in Jeffersonville would bring four restaurants, a hotel and an office park to downtown.
The Jeffersonville Planning Commission unanimously approved plans for the Jeffersonville Gateway at a Tuesday meeting. The 10-acre downtown development would be built in a vacant lot on the corner of Spring Street and 10th Street. Now, the plans have to go before the city council.
The project will be built by Hogan Real Estate. The Louisville-based developers were chosen last year after the city faced issues with previous developers.
Hogan has completed several other development projects in the area, including the Veterans Crossing Project in Clarksville.
Mayor Mike Moore said he is happy to see progress in what's been a long, drawn-out project, and he expects the city council to approve the development.
He said he is confident that there will be a groundbreaking early next year, and he hopes to see the restaurants open by the end of 2019.
The first phase of the project will be construction of the restaurants, including a national coffee chain. Moore said the developers will release the names of the restaurants by the end of the year.
Hogan plans to develop a 12,000 square foot office park and a hotel in the second phase of the project. A representative with Hogan could not be reached by press time.
Moore said the Gateway project will create an economic boon for Jeffersonville.
"It will be a very nice vehicle for tax revenue for generations to come," he said.
The developments will also make the area off of Interstate 65 a more attractive part of the city, Moore said
"When you enter the city, you’re going to see nationally known restaurants and hotels," he said. "It will be a nice shot in the arm for Jeffersonville."