Blue Equity

back to In the Press

Blue, Hill plan to transform Molee Building into apartments

Jan 30th, 2012

Local businessmen Jonathan Blue and Gant Hill plan to transform the aging Molee Building in downtown Louisville into apartments. Hill said the partners are working with local preservation and landmarks officials on the planned project, and details have not been finalized. The five-story Molee Building is located at 425 W. Muhammad Ali Blvd., between Fourth and Fifth streets. It is a neighbor to the Fourth Street Live entertainment complex. Tentative plans call for 20 to 30 one- and two-bedroom units, which would be priced at market rate, possibly between $700 and $1,500 a month, Hill said. The building also would have about 6,000 square feet of ground level office or retail space.

Click here to view original article