More affordable housing is on its way to Louisville
LOUISVILLE, Ky. — The fourth and final phase of the Beecher Terrace community is officially underway.
The $200 million project includes space for residents to live, work and play. City leaders, including Mayor Craig Greenberg, D-Louisville, and Rep. Morgan McGarvey, D-Ky., helped welcome the future development of over 200 apartment units in Louisville’s Russell neighborhood.
Sharon Bumphus Mickens moved back to Beecher Terrace in January.
“My kids—my son and daughter moved me back here. I used to live here and then my grandmother died and I took care of my uncle until he passed away,” Bumphus Mickens said.
Bumphus Mickens lives in a senior apartment unit, which was developed in phase one of construction.
“It’s really a nice complex. I live in the senior building, so I’ve never really been in the home. I haven’t been in there to see what they look like.”
In 2016, the city received a $29 million grant from the U.S. Department of Housing and Urban Development (HUD) to help turn Beecher Terrace into a mixed-income housing complex.
“Not only is this a good place for people to live, but there are also great services here as well. There are going to be some units here that have commercial storefronts—that’s a big focus as well—on neighborhood development,” Greenberg said.
The Beecher Terrace development is part of a larger mission to improve residents’ quality of life.
“We need more grocery stores, restaurants and coffee shops that are located in the neighborhoods of west Louisville. All the amenities and services that people take for granted in other parts of the city need to be right here as well,” added the mayor.
Greenberg says this development is part of a larger goal to provide 30,000 affordable housing units in Louisville.
“It’s affordable because of your job title and what you make and it helps you move where you want to live at,” Bumphus Mickens says.
The new building will include indoor and outdoor community spaces, fitness center, playgrounds and parks and an outdoor pool.
Phase four is expected to be completed in Aug. 2025 and will cost $77 million dollars.
By: Jordan Grantz
Source: Spectrum News