Bruce Isaac, SIOR, CCIM’s Post

View profile for Bruce Isaac, SIOR, CCIM, graphic

Senior Vice President at NAI Isaac Commercial Properties, Inc

A new development is in the works that could change Louisville’s skyline. Plans for a 27-story Downtown tower called One Forty West have appeared on New York City-based commercial real estate development firm Zyyo’s website. The skyscraper would sit on the corner of 2nd Street at 140, 138 and 136 West Market Street. The location is across the street from the future Canopy by Hilton hotel, which is another Zyyo development and is currently under construction. Nick Campisano, founder and CEO of Zyyo, confirmed to Business First that his firm, in partnership with Hawley, Minnesota-based TruVine Companies, are in the early planning stages to build the estimated $175 million tower, featuring a 300-room hotel. These two firms are also co-developing the Canopy by Hilton. A Downtown tower of this magnitude would be the first in Louisville since the 30-story Omni Louisville Hotel opened in 2018. Campisano said the success Zyyo and TruVine have had in constructing the Canopy by Hilton have given them the confidence to move forward with the One Forty West project, which he said has been in the works for two years. He said the two hotels will compliment each other, while capitalizing off of the growth of Bourbonism and the renovation of the Kentucky International Convention Center. While a hotel brand has yet to sign onto the tower, Campisano said he is in discussions with major brands to create a hotel experience not currently available in the Louisville market. Plans on Zyyo's website call for a hotel, with a restaurant on the ground floor and a bar on the rooftop. The third floor would feature a grand ballroom, meeting rooms and administrative space. The first four floors share the same footprint, rising up to a pool deck and bar, according to the plans. A narrow tower encompasses the remaining floors. The outside of the tower appears to have large glass windows, with a glass canopy covering the entry. #commercialrealestate #expansion #economicdevelopment #Louisvillerealestate #hotels

EXCLUSIVE: Zyyo plans a new 27-story tower in Downtown Louisville - Louisville Business First

EXCLUSIVE: Zyyo plans a new 27-story tower in Downtown Louisville - Louisville Business First

bizjournals.com

To view or add a comment, sign in

Explore topics