1937 Harlan High School

harlan County


Commercial, Lodging, Mixed Use, Redevelopment, Residential - Affordable, Residential - Mixed, Residential - Multi-family, Tourism-related

Our 70 year old 501C-3 group owns the ‘now closed’ 100K sq. ft. Evarts High School. The intention is to convert the structure into senior residential living and/or multi-use commercial operations. Senior housing and Motel rentals for our outdoor recreational visitors might be the highest-and-best use for this facility. Our community has a 4,000 acre off road park, camp grounds, zip lines, and commercial services. The building is in excellent condition and might qualify for historical status on a portion of the building. www.evartsalumni.com will show you the entire project.


More Details
Contact:
James Deal | 6065059474 | jimsdeal22@gmail.com

Acquisition and Redevelopment of the Old Andersons Building (Owensboro, KY)

daviess County


Commercial, Lodging, Mixed Use, Office, Redevelopment, Residential - Affordable, Residential - Market Value, Residential - Mixed, Residential - Multi-family, Tourism-related

The City of Owensboro, KY is soliciting proposals for the acquisition and redevelopment of the Old Andersons Property, currently leased to the Owensboro Museum of Science and History, in the downtown area of Owensboro. The Leased Facility is a 90,870 square foot building on a 0.568 acre lot located at 122 E 2nd St, Owensboro, KY 42303.


More Details
Contact:
Kalyn Fox | 270-687-8431 | bids@owensboro.org

Deer Field Property Development

green County


Mixed Use, New Construction, Residential - Affordable, Residential - Market Value, Residential - Mixed, Residential - Multi-family

This project consists of approximately 14 acres of development property lying immediately adjacent to Green Hill Rehabilitation and Care Facility and Jane Todd Crawford Memorial Hospital as well as near the Greensburg Fitness and Disk Golf Park in an otherwise residential area of town. The property is ideal for residential development, especially that geared towards an older population looking for less property maintenance responsibilities and increased amenities and services.

There is road frontage on two sides of the property and all utilities are on site – water, sewer, gas, electric, as well as cable and broadband.


More Details
Contact:
George "Lisle" Cheatham | (270) 384-3947 | GCheatham@AmericanFinancial.net

Small Town Revitalization Initiative

owsley County


Community and Economic Development, Mixed Use, New Construction, Office, Redevelopment, Residential - Multi-family, z-Other

To combat dismal housing, poverty and employment stats in Owsley County, Partnership Housing, Inc. (PH), the only housing organization ever in existence, is requesting $250,000 of loan funds on a 20 year term and $3,231,500 of investment funds, totaling $3,481,500. Loan and investment funds combined with local committed donations will construct a 3-story multi-use building on PH’s property located in downtown Booneville. The 1st floor will provide professional office and meeting space for PH’s services offered, allow PH to expand services, hire additional employees, increase the applicants we serve and expand to an underserved contiguous county. The community services that PH provides is the development of single family homes, rehabilitation of existing housing stock, develop/manage affordable rental units, senior commodity distribution, homeownership counseling, case management and referrals. PH currently rents from the OCAT, but the space is not feasible for future expansion. The 2nd floor will be a small scale workforce development center that will include training/technical learning rooms, rental office space for certified online jobs and professional businesses. Currently there is no training or rental office space available. PH believes that there is a diverse population who would obtain technical and other online certifications, yet there is no space available for a community college or a certified instructor to conduct the classes. This would be an ample opportunity for residents that are certified for online jobs to take advantage of PRTC’s fiber optic cable that is readily available and is 10x faster than anywhere in the nation and 100x faster than anywhere in the state of KY. The 3rd floor will provide 4 affordable rental units consisting of 2 bedrooms for LMI applicants. The existing rental units that were once in good living condition now lack being safe, affordable and decent due to the landlord’s failure to complete necessary repairs and other energy upgrades. LMI households face the highest energy costs because they simply cannot afford to upgrade the rental units themselves and are already faced with paying the highest utility rates in the U.S. If funded, this initiative will provide affordable housing and community services to LMI individuals, will address economic, community and workforce development, increase asset building and revitalize a LMI geographic area that is underserved and distressed.


More Details
Contact:
Cassie Hudson | (606) 593-7296 Ext. 2 or (606) 401-5093 | cassie.hudson@ymail.com

The Saint Clair Redevelopment Project in Historic Downtown Frankfort

franklin County


Commercial, Lodging, Mixed Use, Redevelopment, Residential - Multi-family, Retail, Tourism-related

This project is an opportunity to invest with CRUMBAUGH in the redevelopment of the Marcus Furniture Building into “The Saint Clair” which will be a mixed use development offering first floor commercial space suited for a brewery, restaurant/bar, or retail and high end short term rentals on the top 3 floors. The Saint Clair, once brought back to life through a historic tax credit renovation, will be the premier space to be in downtown Frankfort sitting in the heart of the activity on Saint Clair Street.


More Details
Contact:
Will Crumbaugh | (502) 229-1700 | will@crumbaugh.com

Newport Opportunity Zone

campbell County


Commercial, Industrial, Lodging, Mixed Use, New Construction, Office, Redevelopment, Residential - Affordable, Residential - Market Value, Residential - Mixed, Residential - Multi-family, Retail, Tourism-related

This is a census tract in Newport, the 8th most populous city in Kentucky. Newport features an array of development opportunities bolstered by the city’s prime urban location and the availability of developable land with solid real estate fundamentals.
Note: a full prospectus on this area and other areas in the Northern KY region (including Boone and Kenton counties) is available below

Prospectus


More Details
Contact:
Will Weber | 859-547-1806 | jwweber@campbellcountyky.gov

Boone County Opportunity Zone

boone County


Commercial, Industrial, Lodging, Mixed Use, New Construction, Office, Redevelopment, Residential - Affordable, Residential - Market Value, Residential - Mixed, Residential - Multi-family, Retail, Tourism-related

This is one of seven census tracts in Northern Kentucky, and details of this property and those in Kenton and Campbell are available below

Prospectus


More Details
Contact:
Joshua Hunt | 859-647-8168 | joshua.hunt@florence-ky.gov

Lexington North Side Multifamily

fayette County


Residential - Multi-family

Redevelop existing property utilizing the Zoning codes R-2, R-3 & R-4 High Density Residential Multifamily.


More Details
Contact:
Dane Stuart | 440-787-3356 | Danestu1@gmail.com

Wilson St Duplex

fayette County


Residential - Multi-family

Renovate and construct Duplex out of single family structure. One street north of Main St Downtown Lexington. Total investment 100,000. Current Monthly Market Rent, $2,000.


More Details
Contact:
Dane Stuart | 440-787-3356 | danestu1@gmail.com

Various Projects

Jefferson County County


Commercial, Industrial, Lodging, Mixed Use, New Construction, Office, Redevelopment, Residential - Affordable, Residential - Market Value, Residential - Mixed, Residential - Multi-family, Retail, Tourism-related

Jefferson County has assembled a prospectus  various investment possibilities, data and community information in each of its 19 Opportunity Zones.

That prospectus and other information is available here:

 

Prospectus

 


More Details
Contact:
Mary Ellen Wiederwohl | (502) 574-4140 | maryellen.wiederwohl@louisvilleky.gov

Disclaimer: The information contained herein is provided without warranty of any kind. The Kentucky Cabinet for Economic Development does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained on this website. Further, the available projects listed herein may or may not have the necessary characteristics for the Opportunity Zone program. The Kentucky Cabinet for Economic Development encourages each interested Investor to perform its own due diligence to ensure the project complies with the requirements of 26 CFR § 1.1400z2(d)- 1, et seq.