IMPA
CT
Louisville Urban League Heritage West Proposal
USE MIX •State of the art indoor track & field facility
•Other sporting events •Outside multi-use field •Retail, micro-business and vendor space
•Restaurants, cafes and kiosks •Hotel space •Parking
FINANCING • $30 million
• Bond issue ensures that the project moves ahead expeditiously –Debt Service –Philanthropy • Naming rights
• P&L – facility revenue will support operations
• Revenue generated by: –NCAA –AAU –NAIA –USTAF
• National Championships • Indoor Youth Championships • Indoor Grand Prix Meets • Masters Indoor Championship • High School Championships
– state and regional
CONSULTING ON DEVELOPMENT
• Louisville Urban League, Sadiqa N. Reynolds, Esq., Vision, Project Planner and Convener
• Tim Mulloy – Developer, Mulloy Commercial Real Estate
• Valle Jones – Developer, Mayin, LLC
• Jim Host – Advisor, Founder of Host Communications, former Chairman of the Louisville Arena Authority
• Louisville Sports Commission, Sports Advisors
• David Tandy, Esq. – Counsel, Bingham Greenebaum Doll, LLP
• Duffy Mahoney, Chief of Sports Performance, USATF
Stakeholders & Supporters Alice Houston, HJI Supply Chain / Stephen Reily, IMC/Vibrant Nation Steve Poe, One West & Poe Companies / Steve Trager, Republic Bank / Justin Brown, The Marian Group / Max Siegel, CEO, USA Track & Field / Karl Schmitt, Louisville Sports Commission / Shandelier Boyd Smith, 2015 Kentucky Athletic HOF / Tom Jurich, VP & Director of Athletics, UofL / JCPS / Spalding / Rev. Dr. Kevin W. Cosby, St. Stephen Baptist Church / Dr. F. Bruce Williams, Bates Memorial / Pastor Tim E. Findley, Kingdom Fellowship Christian Life Center / Lynn Rippy, YouthBuild Louisville / Woody Porter, A.D. Porter & Sons Funeral Home / Chip Heuser, Heuser Health / Nikki Jackson, Federal Reserve Bank St. Louis / REBOUND, Inc. / GLI
ALIGNMENT WITH VISION LOUISVILLE Sustainability: • Green field and playing space, energy efficient facility • Financially Sustainable – revenue generated will cover
operations
Economic Impact: • Louisville would earn space in the national track & field
industry • Construction focused on Minority Owned Business with
intentional hiring of local workforce • 30,000 – 40,000 inbound guests for track events • Impact on hotel & restaurant industry
Livability: • Beautiful facility to see and walk/bike to & around • Perimeter retail serves neighborhoods • Hub for Louisville’s local athletes, families and fans • Traffic in and around facility creates energy leading to
safer & healthier West Louisville Neighborhoods
Health: • Renaissance for health/wellness sports culture • Competitions and events celebrate human endurance,
athleticism and skill
Connectivity: • Muhammad Ali Corridor: Liberty Green / Omni Hotel /
Promise Neighborhood Beecher / Russell Arts District / African American Heritage Center / Chef Space / Quinn Chapel / Zion / Track & Field Epicenter
• Maximizes I-264 ramp encouraging ripple-effect entrepreneurialism
• This project re-imagines the Boulevard
Creativity: • Idea inspired by an Olympian & a community • Regional attraction to compete, play, create and enjoy
music, food and life together inviting micro-business and economic development
Authenticity: • Idea developed by community representative, Sadiqa N.
Reynolds, also grew wings through community vision planning. Invites the world into Russell & Shawnee
ALIGNMENT WITH COMMUNITY PRIORITIES
• Economic development • Jobs and use of MBE’s & WBE’s for construction • Job creation • Energy & visitors into West Louisville • Maximum use of the Ali corridor • More pedestrian traffic & visitors will lead to
increased restaurant & food options • Potential property value impact • Children inspired by world class athletes • Pregnancy & violence prevention • Children involved in sports are more successful
in school • Increased opportunity for college scholarships
“How long? Not long.” -Martin Luther King, Jr.