February 2009

Welcome to eFYI, your exclusive monthly e-newsletter from Greater Louisville Inc. - The Metro Chamber of Commerce. As one of our valued partners, you can count on eFYI to cover the topics and issues of most interest and benefit to you. Share your comments and ideas with us any time at VFisher@greaterlouisville.com.


U of L to establish energy research center
Nucleus issues request for Haymarket development partner
Bellarmine University opens new Center for Economic Education
U of L seeks developer for office-research park
Louisville-area hospitals receive top rankings in new study
Ford says retooling on track for plant
Waterfront Park nears completion of its green revival after 10 years


U of L to establish energy research center

The University of Louisville will be home to the state of Kentucky's Center for Renewable Energy Research and Environmental Stewardship.

The center will be funded through a $20 million donation from U of L engineering school graduate Henry Conn and his wife, Rebecca Conn.

The center will be named the Conn Center for Renewable Energy Research and Environmental Stewardship and will be operated at the University of Louisville's J.B. Speed School of Engineering.

U of L researchers will explore the use of wind, solar, geothermal and biomass resources, energy storage and logistics and distribution challenges presented by the use of renewable energy sources. Read more.


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Nucleus issues request for Haymarket development partner

 The University of Louisville's Nucleus: Kentucky's Life Sciences and Innovation Center LLC is looking to kick-start development of its planned downtown life-sciences campus.

Nucleus, which is overseeing development of the planned Haymarket Research Park, has issued a request for qualifications from development, architectural and engineering firms that are interested in working on the project.

Part of the Haymarket Research Park would be built on the former Haymarket property in downtown Louisville.  

The Louisville Medical Center Development Corp. acquired the property for $4.9 million in 2003, and the deed for the property recently was transferred to Nucleus.

The entire park would encompass nearly two city blocks, a combined 10.8 acres. Read more.


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Bellarmine University opens new Center for Economic Education

Bellarmine University has recently established the Center for Economic Education, a collaboration with the Kentucky Council on Economic Education.

The center provides resources for educators teaching financial literacy. It includes a library with up-to-date materials related to financial education as well as lesson plans that can be used in financial literacy classes. The center is open to both education students and practicing teachers. Read more.


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U of L seeks developer for office-research park

With $10 million of new roads and other site improvements nearly completed, University of Louisville officials are seeking a developer to build the first phase of an office-research park at the former Shelby Campus.

The goal is to turn the prime real estate near the busy Shelbyville Road-Hurstbourne Parkway intersection into "a revenue-producing asset" for the university.

Revenue from any leases with a developer would primarily provide funds to advance U of L's academic mission, officials said. Read more.


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Louisville-area hospitals receive top rankings in new study

Several hospitals in Louisville and Southern Indiana recently received a 2009 Distinguished Hospital Award for Clinical Excellence.

The awards are part of a recent study by health care ratings company HealthGrades Inc. that addresses mortality and complication rates for 5,000 hospitals across the country.

Louisville area hospitals receiving the award were Baptist Hospital East, Jewish Hospital, Saints Mary & Elizabeth Hospital, and Norton Healthcare Inc.'s downtown, Southwest, Audubon, and Suburban hospitals, as well as Floyd Memorial Hospital and Health Services in New Albany. Read more.


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Ford says retooling on track for plant

 Ford Motor Company's plans to build compact cars at the Louisville Assembly Plant by 2011 remain intact according to Joe Hinrichs, the automaker's vice president for global production.
 
"Ford's small-car strategy is anchored," Hinrichs said, "in three global car platforms ranging from the larger Fusion to the Focus to the smaller Fiesta."
 
Hinrichs declined to say what vehicle will be built at Louisville Assembly. But he did say Ford "is aligned" around the push toward offering a diverse array of cars as well as trucks. Read more.


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Waterfront Park nears completion of its green revival after 10 years

 A decade after the first phase of Louisville's Waterfront Park was dedicated, the end of the $100 million project is in sight.

And in the intervening 10 years, what was once a string of scrap yards and salt piles littering the riverfront has become a swath of green, recognized as one of America's great urban parks and an economic engine for downtown.
 
The first phase of Waterfront Park, including the Great Lawn, the Festival Plaza, fountains, a harbor and a playground, was completed in late 1998 and cost about $60 million.

The second phase, which cost about $15 million and included the Adventure Playground splash park and an amphitheater, opened in sections, beginning in 2004.

The third and final phase is hoped to be completed by late 2010. Read more.


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