The old Haymarket site downtown, which once was the place to buy and sell produce, is set to get new life.
The University of Louisville Foundation and Nucleus announced plans for a $20 million, 160,000-square-foot building, phase one of the Nucleus Research Park, which is expected to generate 8,700 skilled jobs upon completion.
“Nucleus began in 2008 as a result of the vision of Dr. James Ramsey to bring life science ideas from the mind to the logistics of the marketplace to improve the physical and economic health of the commonwealth,” said Nucleus President and CEO Vickie Yates Brown. “The downtown research park is a milestone in the realization of this effort.”
The research park will become home to laboratories and office space for both U of L students, faculty and staff, as well as private life science and wellness companies.
Construction on the first building is expected to begin in March with completion by 2012. Signature HealthCARE, through its development of the International Center for Long Term Care and Innovation, will be the building’s anchor tenant.
“It is right at the center of activity and life and health sciences going forward,” Yates Brown said. “The brand Nucleus connotes the center of activity, it connotes the type of scientific energy that we want to have happen here, and I think that it ties right back to the heart of it, which is the University of Louisville.”
Architecture firm Arrasmith, Judd, Rapp, Chovan Inc. and construction company Sullivan & Cozart will oversee the construction of the first building.
Nucleus is structured to nurture life sciences start-ups, bringing research from the lab to the marketplace, according to Ramsey.
“Nucleus is the key link between the University of Louisville’s research, and the economic development it will spark in our community, state and region,” said Ramsey in a release.
Category: Cover Stories
About the Author (Author Profile)
Voice-Tribune Staff Writer Lauren DePaso enjoys being a tourist in her own city, exploring the nightlife and cheering on the Cards. A Louisville native, she currently resides in St. Matthews.