Louisville's Metro Sewer District plans to move its main office to West Louisville in order to stimulate redevelopment efforts in the Park Hill neighborhood.
In a news release sent to Louisville Business First on Tuesday, the agency says it will relocate from its current four-floor office on West Liberty Street in Downtown Louisville to its new location at 1600 West Hill Street. MSD says employees will begin transitioning to the new space throughout 2024 and will complete the move by next year.
According to the Jefferson County PVA, the city purchased the 22,000 square-foot building from Clariant Corporation, a Swiss chemical conglomerate, for $5 million in May of this year. Clariant, which previously operated in Louisville under the name Sud-Chemie Inc, acquired the property from Brown and Williamson tobacco in 1996.
It's the latest multimillion dollar investment in the Park Hill neighborhood from a Louisville agency. Most recently the city put $10 million toward remediation of the old Rhodia brownfields in Park Hill so the property can be repurposed into a mixed-use project which will include affordable housing and green space.
“This is a great opportunity for one of our largest public institutions to meet their future needs while investing in property that is going to be part of a thriving redevelopment corridor of our city," said Louisville Mayor Craig Greenberg in the release. "We are supportive and encouraged by MSD’s investment in the Park Hill neighborhood."
MSD executive director Tony Parrott says the move will establish MSD as an anchor tenant in the redeveloped neighborhood.
“As the provider of three critical utilities in one at MSD, we must be innovative in our service to a growing community," Parrott said. "The action today will allow MSD to have the footprint to better serve the region, have our teams together in a collaborative space, and will enable us to be a key part of the new exciting chapter of the Park Hill Neighborhood.”
Parrott was named one of Louisville Business First's Most Admired CEOs in 2022. According to LBF research, he is the fourth highest paid official in Jefferson County, making $282,568 in 2023.
