May 2025
The Louisville, KY market is experiencing strong economic momentum driven by major healthcare, infrastructure, and tech investments, positioning the city as a growth hub.
UofL Health Expands with New $91M West Tower
What This Means For You: UofL Health is adding a seven-story, $91 million West Tower to its downtown Louisville campus, increasing bed capacity by nearly 50%. The project reflects strong demand for healthcare services and reinforces downtown Louisville’s role as a regional medical hub, which could drive further development in the surrounding area.
Louisville Airport Embarks on $1 Billion Expansion
What This Means For You: The Louisville Muhammad Ali International Airport (SDF) is undergoing a transformative $1 billion investment through its SDF Next Program. This initiative includes enhancements to both the terminal and airfield, aiming to accommodate increasing passenger traffic and bolster the city’s connectivity.
Aegis Sortation Announces $16 Million Expansion in Louisville
What This Means For You: Aegis Sortation is set to invest nearly $16 million to expand its Louisville operations, creating 80 new jobs in engineering design, project management, and other sectors. This expansion underscores the city’s growing appeal to logistics and manufacturing companies.
Louisville to Host Kentucky’s First 400 MW Data Center Campus
What This Means For You: Construction is slated to begin in 2025 on a 400-megawatt data center campus in Louisville, marking the state’s first of its kind. The project is expected to enhance the city’s digital infrastructure and attract further technological investments.
Louisville Metro Housing Authority Unveils 2025 Strategic Plan
What This Means For You: The Louisville Metro Housing Authority (LMHA) has announced a comprehensive plan to undertake multiple housing projects simultaneously, including developments like Avenue Plaza. This approach aims to address housing needs more efficiently and stimulate community growth.
Humana Invests $20M in Downtown HQ Renovation
What This Means For You: Humana Inc. is undertaking a $20 million renovation of its Waterside Building in downtown Louisville, encompassing 150,000 square feet across three floors. This significant investment by Louisville’s largest publicly traded company underscores confidence in the downtown area’s vitality and may spur further commercial and residential development nearby.
Louisville Downtown Partnership Reports Record $2.3B Investment
What This Means For You: The Louisville Downtown Partnership announced a record $2.3 billion in investments across more than 70 projects in 2024, highlighting a robust pipeline of developments. This surge in downtown activity indicates a thriving urban core, presenting ample opportunities for investors in multifamily properties and commercial land.
Baptist Health Announces $5M Hospital Expansion in Louisville
What This Means For You: Baptist Health Louisville broke ground mid-April on an expansion and renovation of their existing Child Development Center. The project will add 7,200 sq ft. to the hospital’s daycare, including five additional classrooms. It is expected to be fully complete by April 2026.
