City: Ludlow Yards Project Getting Lots of Interest from Developers
In the month since "Ludlow Yards" was first announced, phones have been ringing off the hook at the Ludlow city building.
Not bad for a development that is nothing more than a rendering and a dream.
"We have enormous amounts of interest coming in. I can't keep up with the number of people calling," said city administrator Elishia Chamberlain.
Ludlow Yards is a plan that calls for a vibrant mixed-use development that would serve as a gateway to the city's main business district.
Covington-based Hub + Weber Architects created the rendering of the four-story brick building connecting the business district to Ludlow's past. Hub + Weber principal Jim Guthrie led the collaborative design process with Erin Graham developing the project rendering.
"We really wanted to create a design and a building that doesn't look like anything else that would be developed in Ludlow," Guthrie said last month. He led the collaborative design process with Erin Graham. "Our goal was to create a design that was specific to the community of Ludlow. In contrast to much of the current design trends in urban redevelopment. We sought not only to create a design that would only fit in Ludlow, but would only fit in this part of Ludlow – the industrial east end."
SEE PREVIOUSLY: We talk with the architect behind the Ludlow Yards project
There is no developer formally connected to the project yet. Chamberlain told The River City News that the response has been "overwhelming", though. "I don't think we're going to have a difficult time finding developers," she said. An engineer has been engaged and three local developers with the appropriate experience have reached out, she said.
The city will lean on the Catalytic Fund to conduct a market analysis for the project. The Catalytic Fund is the Covington-based organization that specializes in development deals, real estate transactions, and gap financing for development projects - and that also produces the Beyond the Curb urban living tour that most recently took place in Ludlow.
-Michael Monks, editor & publisher