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Labor and Economic Development Committee

Tuesday, June 16, 2026 · 3:00 PM · Council Chambers/Virtual

TL;DR

The Labor and Economic Development Committee approved a major mixed-use development project in downtown Louisville that will include residential units, a hotel, office and retail space, plus parking structures. The committee also approved creating a new Baseball Development Area (replacing the previous Arena Zone), authorized property transfers for the project, and approved labor and budget matters including a new library union contract and consulting services funding.

Key Decisions

  • Baseball New Development Area Ordinance Passed
  • Mixed-use Development Project (MGI Louisville) - Multi-family housing (225-300 units), hotel (134-180 rooms), office and retail space, parking structures Passed
  • Property Transfer Resolution - 12 parcels declared surplus and authorized for transfer to support development Passed
  • Library Union Contract - AFSCME labor agreement through June 30, 2030 Passed
  • Budget Amendment - $190,000 increase to consulting services contract (Public Consulting Group LLC) bringing total to $550,000 Passed
Agenda PDF

Agenda

  1. Call to Order
  2. Roll Call
  3. Pending Legislation
  4. 1. AN ORDINANCE (A) AMENDING THE LOUISVILLE ARENA ZONE TO REMOVE THE NEW DEVELOPMENT AREA, (B) ESTABLISHING A NEW DEVELOPMENT AREA PURSUANT TO PROVISIONS OF KRS 65.490- 65.499 TO BE KNOWN AS THE BASEBALL NEW DEVELOPMENT AREA, APPROVING ENTERING INTO TWO GRANT CONTRACTS, AUTHORIZING THE PAYMENT OF THE "RELEASED AMOUNT" PURSUANT TO THE TERMS AND CONDITIONS OF THE GRANT CONTRACTS, REQUIRING THE SUBMISSION OF REGULAR REPORTS TO LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF ANY OTHER DOCUMENTS AND THE TAKING OF ANY OTHER ACTIONS NECESSARY TO ACCOMPLISH THE PURPOSES AUTHORIZED BY THIS ORDINANCE (AS AMENDED).
    Ordinance
    Action: recommended for approval Passed

    A motion was made by Committee Member Batshon, seconded by Vice Chair Bast, that this Ordinance be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  5. 2. A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES APPROVING THE APPROPRIATION TO FUND THE FOLLOWING AMENDMENT TO THE SOLE SOURCE CONTRACT FOR THE OFFICE OF MANAGEMENT AND BUDGET FOR CONSULTING SERVICES TO ASSIST ANALYZING AND REPORTING COSTS- (PUBLIC CONSULTING GROUP LLC - $190,000.00 FOR A NEW NOT-TO-EXCEED AMOUNT OF $550,000.00).
    Resolution
    Action: recommended for approval Passed

    A motion was made by Committee Member Batshon, seconded by Committee Member Hudson, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  6. 3. A RESOLUTION RATIFYING AND APPROVING A COLLECTIVE BARGAINING AGREEMENT (FROM THE DATE OF ITS APPROVAL THROUGH JUNE 30, 2030) BETWEEN LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND THE AMERICAN FEDERATION OF STATE, COUNTY AND MUNICIPAL EMPLOYEES, AFL-CIO, LOCAL 3425 (“AFSCME”) RELATING TO WAGES, HOURS, AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT OF ITS EMPLOYEES IN THE LOUISVILLE FREE PUBLIC LIBRARY DEPARTMENT.
    Resolution
    Action: recommended for approval Passed

    A motion was made by Committee Member Hudson, seconded by Committee Member Lyninger, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  7. 4. AN INDUCEMENT RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE “ISSUER”) AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BETWEEN THE ISSUER AND MGI LOUISVILLE, LLC, ITS AFFILIATES AND ASSIGNS (COLLECTIVELY, THE “COMPANY”) RELATING TO THE ACQUISITION, CONSTRUCTION, EQUIPPING AND INSTALLATION OF FACILITIES AT 501-504 AND 503 FRANKLIN STREET, UNADDRESSED E. WITHERSPOON STREET (PARCEL ID NO. 18D-0025-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0020-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0064-0000), UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0016-0000), UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0063-0000), 501 E. MAIN STREET, 300-304 JACKSON STREET, AND 100 N. HANCOCK STREET, LOUISVILLE, KENTUCKY, INCLUDING THE ACQUISITION, CONSTRUCTION, EQUIPPING AND INSTALLATION OF (I) BETWEEN 225 AND 300 MULTI-FAMILY DWELLING UNITS; (II) A PARKING STRUCTURE TO SUPPORT THE RESIDENTIAL UNITS, CONTAINING APPROXIMATELY 89 PARKING SPACES; (III) A HOTEL CONTAINING BETWEEN 134 AND 180 ROOMS; (IV) BETWEEN 38,800 AND 50,000 SQUARE FEET OF OFFICE SPACE; (V) BETWEEN 18,000 AND 22,000 SQUARE FEET OF RETAIL SPACE; (VI) A GARAGE TO BE OWNED AND OPERATED BY PARC CONTAINING NO FEWER THAN 575 PARKING SPACES; AND (VII) OTHER PUBLIC INFRASTRUCTURE IMPROVEMENTS (THE “PROJECT”); AGREEING TO UNDERTAKE THE ISSUANCE OF ONE OR MORE SERIES OF INDUSTRIAL BUILDING REVENUE BONDS AT THE APPROPRIATE TIME TO FINANCE THE COSTS OF ACQUIRING, CONSTRUCTING, EQUIPPING AND INSTALLING SAID FACILITIES; AND TAKING OTHER PRELIMINARY ACTION.
    Resolution
    Action: recommended for approval Passed

    A motion was made by Committee Member Batshon, seconded by Committee Member Hudson, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  8. 5. A RESOLUTION DETERMINING REAL PROPERTIES LOCATED AT 503 FRANKLIN STREET (PARCEL ID NO. 18D-0001-0000), UNADDRESSED E. WITHERSPOON STREET (PARCEL ID NO. 18D-0025-0000), 501-504 FRANKLIN STREET (PARCEL ID NO. 18E-0022-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0064-0000), UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0063-0000), 501 E. MAIN STREET (PARCEL ID NO. 18E-0051-0000), 304 JACKSON STREET (PARCEL ID NO. 18E-0053-0000), 302 JACKSON STREET (PARCEL ID NO. 18E-0055-0000), 100 N. HANCOCK STREET (PARCEL ID NO. 18E-0050-0000), 300 JACKSON STREET (PARCEL ID NO. 18E-0054-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO 18E-0020-0000) AND UNADDRESSED [FRANKLIN] JACKSON STREET (PARCEL ID NO. 18E-0016-0000)AS SURPLUS AND NOT NEEDED FOR THE GOVERNMENTAL PURPOSES OF METRO GOVERNMENT AND AUTHORIZING THEIR TRANSFER (AS AMENDED).
    Resolution
    Action: recommended for approval Passed

    A motion was made by Committee Member Batshon, seconded by Committee Member Hudson, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  9. Adjournment
  10. Note: Agendas are followed at the discretion of the Chair. While an item may be listed, it does not mean all items will be heard and/or acted upon by the Committee.
  11. 5. A RESOLUTION DETERMINING REAL PROPERTIES LOCATED AT 503 FRANKLIN STREET (PARCEL ID NO. 18D-0001-0000), UNADDRESSED E. WITHERSPOON STREET (PARCEL ID NO. 18D-0025-0000), 501-504 FRANKLIN STREET (PARCEL ID NO. 18E-0022-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO. 18E-0064-0000), UNADDRESSED JACKSON STREET (PARCEL ID NO. 18E-0063-0000), 501 E. MAIN STREET (PARCEL ID NO. 18E-0051-0000), 304 JACKSON STREET (PARCEL ID NO. 18E-0053-0000), 302 JACKSON STREET (PARCEL ID NO. 18E-0055-0000), 100 N. HANCOCK STREET (PARCEL ID NO. 18E-0050-0000), 300 JACKSON STREET (PARCEL ID NO. 18E-0054-0000), UNADDRESSED FRANKLIN STREET (PARCEL ID NO 18E-0020-0000) AND UNADDRESSED [FRANKLIN] JACKSON STREET (PARCEL ID NO. 18E-0016-0000)AS SURPLUS AND NOT NEEDED FOR THE GOVERNMENTAL PURPOSES OF METRO GOVERNMENT AND AUTHORIZING THEIR TRANSFER (AS AMENDED).
    Resolution
    Action: amended Passed

    A motion was made by Committee Member Hudson, seconded by Committee Member Lyninger, that this Resolution be amended. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

  12. 1. AN ORDINANCE (A) AMENDING THE LOUISVILLE ARENA ZONE TO REMOVE THE NEW DEVELOPMENT AREA, (B) ESTABLISHING A NEW DEVELOPMENT AREA PURSUANT TO PROVISIONS OF KRS 65.490- 65.499 TO BE KNOWN AS THE BASEBALL NEW DEVELOPMENT AREA, APPROVING ENTERING INTO TWO GRANT CONTRACTS, AUTHORIZING THE PAYMENT OF THE "RELEASED AMOUNT" PURSUANT TO THE TERMS AND CONDITIONS OF THE GRANT CONTRACTS, REQUIRING THE SUBMISSION OF REGULAR REPORTS TO LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF ANY OTHER DOCUMENTS AND THE TAKING OF ANY OTHER ACTIONS NECESSARY TO ACCOMPLISH THE PURPOSES AUTHORIZED BY THIS ORDINANCE (AS AMENDED).
    Ordinance
    Action: amended Passed

    A motion was made by Committee Member Batshon, seconded by Vice Chair Bast, that this Ordinance be amended. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: