Louisville New Construction & Proposed Multifamily Projects 2Q20

Source: Yardi Matrix5 mi

16

18

19

20

21

27

3435

36

38

39

40

41

42

43 44

45

4647

48

49

51

53

55

52

37

58

59

60

61

62

6365

64

66

67

68

69

70

73

1

2

3

4

5

6

7

8

911

12

1314

15

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

1 The Ivy 274

2 Haven on Tucker 370

3 Stone Crest 216

4 Tucker Station Senior 119

5 Upton Oxmoor 301

6 Creekside Crossings 160

7 Covington by the Lake 264

8 Victory Knoll 470

9 The Flats at Springhurst 249

11 Amanda Place Phase II 50

12 Lyndon Square Senior 119

13 The Marshall Louisville 231

14 Vesta Derby Oaks 428

15 Villas of Jeffersonville 264

Total Lease Up 3,515

16 Avoca Bluffs 408

18 Highview Pointe 192

19 Rialto Hurstbourne 268

20 Willow Green Phase II 184

21 Lyric at Norton Commons 273

Total Under Construction 1,325

27 Passport Health & Wellness Campus 100

34 Cane Run Road 119

35 Foundry 138

36 Regency Park 180

37 River Pointe 256

38 The Jefferson Green Phase II 240

39 Southpoint 120

40 Bardstown Creek Road 350

41 Breckenridge Terrace 84

42 Brentlinger Townhomes 117

43 Charlane Parkway 84

44 Taylorsville Road 312

45 The Station at Middletown 320

46 The Vinings at Claiborne Phase II 1,800

47 Chamberlain Lane 310

48 Prospect Family 160

49 2710 Grant Line Road 192

51 Bridgepointe Commons 50

52 Lakeside Gardens 360

53 River Ridge Flats 256

55 One Park 421

Total Planned 5,969

58 Ormsby Avenue 50

59 Old New Cut Road 344

60 Hikes Lane Multi - Residential 507

61 Cedar Creek Road 344

62 Clover Senior Housing 128

63 Cooper Chapel Road 432

64 Hickory Trace 100

65 Park Lake Phase II 54

66 Running Creek Senior 87

67 South Park Road 312

68 Brentwood Commons 134

69 Hurstbourne Commons 438

70 Interstate 71 & State Highway 329 200

73 Gateway Crossings 66

Total Prospective 3,196

Louisville New Construction & Proposed Multifamily Projects 2Q20

Source: Yardi Matrix1000 ft

17

222324

25

26

28

29

30

3132

33

50

54

56

57

71

72

74

10

Lease-Up Under Construction Planned ProspectiveLEGEND

ID PROPERTY UNITS

10 The Walcott Jeffersonville 214

Total Lease Up 214

17 Bolt + Tie 97

22 Beecher Terrace Redevelopment 117

Total Under Construction 214

23 422 E - Main 343

24 Beecher Terrace Phase II 108

25 Beecher Terrace Phase III 178

26 East Market Street 50

28 Starks Building Redevelopment 100

29 Barret Avenue & Breckinridge Street 200

30 Gray Street 246

31 Grocers Ice & Cold Storage 70

32 NuLu 305

33 Stout 104

50 Woerner Avenue 96

54 River View Lofts 242

Total Planned 2,042

56 835 East Main 78

57 NuLu Yard 190

71 Clark's Landing 400

72 Clark's Landing Phase II 160

74 Riverside Drive Residential Development

138

Total Prospective 966

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 The Ivy 3300 Altabrook Drive Louisville KY 40245 Lease-Up 274 Douglas Hills / Lyndon 04/02/2018 12/31/2021 09/19/2019

2 Haven on Tucker 12601 Charles Farm Circle Louisville KY 40299 Lease-Up 370 Jeffersontown 05/01/2018 06/30/2021 05/01/2019

3 Stone Crest 4719 Grant Line Road New Albany IN 47150 Lease-Up 216 New Albany 05/31/2017 01/31/2021 08/31/2017

4 Tucker Station Senior 1408 Tucker Station Road Louisville KY 40299 Lease-Up 119 Jeffersontown 10/31/2019 12/31/2020 12/31/2019

5 Upton Oxmoor 7725 Upton Oxmoor Lane Louisville KY 40222 Lease-Up 301 Douglas Hills / Lyndon 06/28/2019 10/31/2020 04/21/2020

6 Creekside Crossings 9620 Cooper Church Drive Louisville KY 40229 Lease-Up 160 Okolona / Hillview / Highview 01/25/2019 10/31/2020 11/12/2019

7 Covington by the Lake 7321 Jefferson Boulevard Louisville KY 40219 Lease-Up 264 Newburg / Buechel 07/03/2018 09/30/2020 03/01/2019

8 Victory Knoll 11840 Ellingsworth Lane Louisville KY 40243 Lease-Up 470 Douglas Hills / Lyndon 04/25/2018 09/30/2020 03/01/2019

9 The Flats at Springhurst 4201 Simcoe Lane Louisville KY 40241 Lease-Up 249 Springhurst / Glenview Manor 08/28/2018 08/31/2020 08/05/2019

10 The Walcott Jeffersonville 222 West Maple Street Jeffersonville IN 47130 Lease-Up 214 Jeffersonville 04/15/2019 07/31/2020 06/17/2020

11 Amanda Place Phase II 3121 Middle Road Jeffersonville IN 47130 Lease-Up 50 Jeffersonville 05/01/2019 07/31/2020 05/21/2020

12 Lyndon Square Senior 911 Ormsby Lane Louisville KY 40242 Lease-Up 119 Douglas Hills / Lyndon 03/04/2019 07/31/2020 11/27/2019

13 The Marshall Louisville 2400 South 4th Street Louisville KY 40208 Lease-Up 231 Shively 01/01/2019 07/31/2020 11/11/2019

14 Vesta Derby Oaks 3237 Utah Avenue Louisville KY 40215 Lease-Up 428 Shively 11/02/2018 07/31/2020 09/02/2019

15 Villas of Jeffersonville 3001 Peach Blossom Drive Jeffersonville IN 47130 Lease-Up 264 Jeffersonville 07/01/2018 07/31/2020 04/01/2019

Total Lease-Up 3,729

16 Avoca Bluffs 12201 Avoca Road Louisville KY 40223 Under Construction 408 Douglas Hills / Lyndon 09/02/2019 06/30/2021 02/28/2022

17 Bolt + Tie 1400 Woerner Avenue Clarksville IN 47129 Under Construction 97 Clarksville 06/17/2020 03/31/2021

18 Highview Pointe 7409 Fegenbush Lane Louisville KY 40228 Under Construction 192 Okolona / Hillview / Highview 12/31/2019 01/31/2021

19 Rialto Hurstbourne 309 Palazzo Circle Hurstbourne KY 40222 Under Construction 268 Douglas Hills / Lyndon 05/01/2019 01/31/2021

20 Willow Green Phase II 7121 Fern Ridge Road Louisville KY 40228 Under Construction 184 Okolona / Hillview / Highview 03/31/2020 12/31/2020

21 Lyric at Norton Commons 11219 Meeting Street Prospect KY 40059 Under Construction 273 Springhurst / Glenview Manor 09/02/2019 12/31/2020

22 Beecher Terrace Redevelopment 434 South 10th Street Louisville KY 40203 Under Construction 117 Central Downtown / Old Louisville 04/01/2019 09/30/2020

Total Under Construction 1,539

23 422 E - Main 418 East Main Street Louisville KY 40202 Planned 343 Central Downtown / Old Louisville

24 Beecher Terrace Phase II South 9th Street & Cedar Court Louisville KY 40203 Planned 108 Central Downtown / Old Louisville

25 Beecher Terrace Phase III South 9th Street & Cedar Court Louisville KY 40203 Planned 178 Central Downtown / Old Louisville

26 East Market Street 103 East Market Street Louisville KY 40202 Planned 50 Central Downtown / Old Louisville

27 Passport Health & Wellness Campus SWC South 18th Street & West Broadway Louisville KY 40203 Planned 100 Central Downtown /

Old Louisville

28 Starks Building Redevelopment 455 South 4th Street Louisville KY 40202 Planned 100 Central Downtown / Old Louisville

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ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

29 Barret Avenue & Breckinridge Street Barret Avenue & East Breckinridge Street Louisville KY 40204 Planned 200 East Downtown /

Saint Joseph

30 Gray Street 709 East Gray Street Louisville KY 40202 Planned 246 East Downtown / Saint Joseph

31 Grocers Ice & Cold Storage 609 East Main Street Louisville KY 40202 Planned 70 East Downtown / Saint Joseph

32 NuLu 700 East Main Street Louisville KY 40202 Planned 305 East Downtown / Saint Joseph

33 Stout 330 North Spring Street Louisville KY 40206 Planned 104 East Downtown / Saint Joseph

34 Cane Run Road 4950 Cane Run Road Louisville KY 40216 Planned 119 Pleasure Ridge Park

35 Foundry 5618 Mcdeane Road Louisville KY 40216 Planned 138 South Louisville

36 Regency Park 8820 West Manslick Road Louisville KY 40272 Planned 180 South Louisville

37 River Pointe 12503 Old Dixie Highway Louisville KY 40272 Planned 256 South Louisville

38 The Jefferson Green Phase II 1253 McCawley Road Louisville KY 40219 Planned 240 Newburg / Buechel

39 Southpoint 11700 Interchange Drive Louisville KY 40229 Planned 120 Okolona / Hillview / Highview

40 Bardstown Creek Road 11333 Bardstown Creek Road Louisville KY 40291 Planned 350 Jeffersontown

41 Breckenridge Terrace 7300 Six Mile Lane Louisville KY 40220 Planned 84 Jeffersontown

42 Brentlinger Townhomes 9922 Brentlinger Lane Louisville KY 40202 Planned 117 Jeffersontown

43 Charlane Parkway 3620 Charlane Parkway Louisville KY 40299 Planned 84 Jeffersontown

44 Taylorsville Road SEC Chenoweth Run Road & Taylorsville Road Taylorsville KY 40299 Planned 312 Jeffersontown

45 The Station at Middletown 12975 Shelbyville Road Middletown KY 40243 Planned 320 Douglas Hills / Lyndon

46 The Vinings at Claiborne Phase II 13508 Factory Lane Louisville KY 40245 Planned 1,800 Douglas Hills / Lyndon

47 Chamberlain Lane 3750 Chamberlain Lane Louisville KY 40241 Planned 310 Springhurst / Glenview Manor

48 Prospect Family 10600 US - 42 Prospect KY 40059 Planned 160 Springhurst / Glenview Manor

49 2710 Grant Line Road 2710 Grant Line Road New Albany IN 47150 Planned 192 New Albany

50 Woerner Avenue East Riverside Drive & Woerner Avenue Clarksville IN 47129 Planned 96 Clarksville

51 Bridgepointe Commons Interstate 265 & Utica Sellersburg Road Jeffersonville IN 47130 Planned 50 Jeffersonville

52 Lakeside Gardens 4406 Helen Road Jeffersonville IN 47130 Planned 360 Jeffersonville

53 River Ridge Flats Ohio River Scenic Byway & River Ridge Parkway Jeffersonville IN 47111 Planned 256 Jeffersonville

54 River View Lofts East Market Street & Meigs Avenue Jeffersonville IN 47130 Planned 242 Jeffersonville

55 One Park 2300 Lexington Road Louisville KY 40206 Planned 421 Crescent Hill / St. Matthews

Total Planned 8,011

56 835 East Main 835 East Main Street Louisville KY 40206 Prospective 78 East Downtown / Saint Joseph

57 NuLu Yard East Jefferson Street & South Shelby Street Louisville KY 40202 Prospective 190 East Downtown /

Saint Joseph

Louisville New Construction & Proposed Multifamily Projects

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© 2020 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890.Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: July 2020

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

58 Ormsby Avenue 541 East Ormsby Avenue Louisville KY 40203 Prospective 50 East Downtown / Saint Joseph

59 Old New Cut Road 6501 Old New Cut Road Fairdale KY 40118 Prospective 344 Kenwood Hill / Beechmont / Fairdale

60 Hikes Lane Multi - Residential 3042 Hikes Lane Louisville KY 40220 Prospective 507 Newburg / Buechel

61 Cedar Creek Road 8000 Cedar Creek Road Louisville KY 40291 Prospective 344 Okolona / Hillview / Highview

62 Clover Senior Housing 8700 Old Bardstown Road Louisville KY 40291 Prospective 128 Okolona / Hillview / Highview

63 Cooper Chapel Road 8300 Cooper Chapel Road Louisville KY 40229 Prospective 432 Okolona / Hillview / Highview

64 Hickory Trace 8832 Moody Road Louisville KY 40219 Prospective 100 Okolona / Hillview / Highview

65 Park Lake Phase II 7100 Leisure Lane Louisville KY 40229 Prospective 54 Okolona / Hillview / Highview

66 Running Creek Senior 785 Running Creek Drive Shephersville KY 40165 Prospective 87 Okolona / Hillview / Highview

67 South Park Road 4150 East Blue Lick Road Louisville KY 40229 Prospective 312 Okolona / Hillview / Highview

68 Brentwood Commons 10509 Bardstown Bluff Road Louisville KY 40291 Prospective 134 Jeffersontown

69 Hurstbourne Commons 8127 Watterson Trail Jeffersontown KY 40299 Prospective 438 Jeffersontown

70 Interstate 71 & State Highway 329 Interstate 71 & State Highway 329 Crestwood KY 40014 Prospective 200 La Grange / Crestwood

71 Clark's Landing 1410 South Clark Boulevard Clarksville IN 47129 Prospective 400 Clarksville

72 Clark's Landing Phase II 1410 South Clark Boulevard Clarksville IN 47129 Prospective 160 Clarksville

73 Gateway Crossings 900 Eastern Boulevard Clarksville IN 47129 Prospective 66 Clarksville

74 Riverside Drive Residential Development

Southern Indiana Avenue & West Riverside Drive Jeffersonville IN 47130 Prospective 138 Jeffersonville

Total Prospective 4,162

TOTAL LOUISVILLE 17,441