September 10, 2021
Today, Gov. Andy Beshear and Mayor Greg Fischer joined business leaders and developers to break ground on a 122-room avant-garde hotel that is expected to create more than 40 quality jobs in Louisville’s burgeoning Nulu neighborhood.
“What a great day when we can break ground to bring a unique hotel property to Louisville, further attract tourists to Kentucky’s signature bourbon industry and point to new economic vibrancy ahead,” Gov. Beshear said. “This vote of confidence in Kentucky’s future and our economy builds on what we’ve been seeing here and all across the commonwealth. Congratulations to all of the partners involved in bringing this project to fruition. I look forward to seeing this hotel succeed and enhance this important and growing district.”
The $31 million project, on a half-acre at 728 E. Market Street, will become Kentucky’s first property managed by the Bunkhouse Group and is partnered with Kaveh Zamanian, founder of nearby Rabbit Hole Distillery. Scheduled for completion in early spring 2023, before the Kentucky Derby, the hotel’s amenities will include an outdoor art gallery and programmable space, mini mart, rooftop restaurant and bar, and a culinary training center for Bunkhouse staff and other hotels.
West Virginia-based Mountain Shore Properties is developing the project.
“We could not be more excited to partner with Bunkhouse on this one-of-a-kind hotel. Louisville is an amazing city, and we look forward to being a small but significant part of its future,” said Stephen Wendell, principal at Mountain Shore.
Wendell said the hotel’s partners plan to disclose a name for the property in the coming weeks.
Zamanian said the project adds to the neighborhood and city’s appeal and vitality.
“I’ve long been interested in enhancing the entrepreneurial culture and creative spirit of Nulu through art. I’m energized with the hotel partnership and the opportunity through curation of the outdoor art garden to bring a greater sense of community to our neighborhood and city of Louisville,” he said.
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