CONSTRUCTION PIPELINE

Louisville Q1 2026

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

Construction Pipeline

Pre-Lease Absorption Rate by Month

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

Note on Pipeline Coverage
For clarity, this report does not track prospective/proposed developments. The volume of early-stage proposals continues to expand and often lacks sufficient detail, timeline certainty, or likelihood of delivery to provide reliable insight.
Instead, our focus remains on projects that have advanced further in the development cycle—specifically those under construction, and in the planning stages. This ensures the pipeline data reflects projects with higher execution probability and more direct implications for market supply.
Disclaimer: The property data depicted in our reports is sourced from third-party providers and government sources. MMG does not directly collect or track this information. Due to the nature of external data collection, some properties may be omitted, which is beyond our control. Furthermore, the pipeline dataset was assembled on 2/10/2026, and changes in project statuses or new additions to the pipeline may not be reflected by the time of publication. While we strive to provide actionable and useful data, we do not guarantee its completeness. Clients are advised to verify all property details independently.

Full Data Table

Property NameAddressCityStateZIPUnit CountProperty StatusForecasted Completion Date
Landon's Place1225 Old Finchville RoadShelbyvilleKY40065152In Pre-Lease / Lease Up PhaseAug-24
Sage Springs120 Signature AvenueElizabethtownKY42701336In Pre-Lease / Lease Up PhaseSep-24
Glengrove6605 W Orell RdLouisvilleKY40272232In Pre-Lease / Lease Up PhaseOct-24
Oakwood Landings5141 Commerce Crossings DriveLouisvilleKY40229336In Pre-Lease / Lease Up PhaseNov-24
Forest Edge1155 Highway 62CharlestownIN47111248In Pre-Lease / Lease Up PhaseMay-25
The Prestonian715 East Gray StreetLouisvilleKY40202343In Pre-Lease / Lease Up PhaseMay-25
The Fountains at Cool Springs2458 Nelson DrElizabethtownKY42701120In Pre-Lease / Lease Up PhaseJun-25
Valhalla Park Place500 Valhalla Club DriveLouisvilleKY40245208In Pre-Lease / Lease Up PhaseDec-25
Saltwell Springs1701 Saltwell Springs CirShepherdsvilleKY40165616In Pre-Lease / Lease Up PhaseJan-26
The Rickhouse Collective9305 Smyrna PkyLouisvilleKY40229144In Pre-Lease / Lease Up PhaseMar-26
The Sterling4805 Olympia Park PlzLouisvilleKY40241278Under ConstructionApr-26
The Belle at Cedar Creek8006 Cedar Creek RdLouisvilleKY40291344Under ConstructionJun-26
Gateway Village4911 Old Georgetown RdGeorgetownIN47122120Under ConstructionJul-26
5604 Apartments11010 Garden Trace DrLouisvilleKY40229748Under ConstructionOct-26
Select Homes LLC Apartment Community2400 Lower Hunters TrceLouisvilleKY40216184Under ConstructionOct-26
1031 Zorn Ave1031 Zorn AveLouisvilleKY4020776Under ConstructionOct-26
Southcliff Apartments4633 Southcliff AveLouisvilleKY40229174Under ConstructionDec-26
8201 Arden Oxmoor Ln8201 Arden Oxmoor LnLouisvilleKY40222306Under ConstructionDec-26
3501 Sheehan Landing Dr3501 Sheehan Landing DrLouisvilleKY4021980Under ConstructionJan-27
Cedar Grove Commons11801 East Orell RoadLouisvilleKY40272322Under ConstructionApr-27
Lake Breeze Townhomes386 Lakeview DrShepherdsvilleKY40165185Under ConstructionDec-27
5616 Mount Washington Rd5616 Mount Washington RdLouisvilleKY40229667Under ConstructionDec-27
Fegenbush4310 Bardstown RoadLouisvilleKY4021888Planned
1614 Johnson Road1614 Johnson RoadLouisvilleKY40245161Planned
1704 South Pope Lick Road1704 South Pope Lick RoadLouisvilleKY40299388Planned
2221 Bradford Drive2221 Bradford DriveLouisvilleKY4021894Planned
2400 Lower Hunters Trace2400 Lower Hunters TraceLouisvilleKY40216184Planned
5604 Mt. Washington Road5604 Mt. Washington RoadLouisvilleKY40229666Planned
Ascend at Hurstbourne 4900 South Hurstbourne PkwyLouisvilleKY40291100Planned
Fiscal Court Building Redevelopment531 Court PlaceLouisvilleKY40202106Planned
George 1409 Main StreetClarksvilleIN47129192Planned
Jeff on 10th Phase II 3500 Ellingsworth Dairy DriveJeffersonvilleIN47130190Planned
Meadows at McNeely Lake 6702 Cooper Chapel RoadLouisvilleKY40229264Planned
NuLu Crossing700 East Main StreetLouisvilleKY40202390Planned
One Park South2300 Lexington RoadLouisvilleKY40206421Planned
Sunshine English Station805 South English Station RoadJeffersontownKY4029982Planned
Tract Townhomes6803 Beulah Church RoadLouisvilleKY40228288Planned
Willow Green Phase II7121 Fern Ridge RoadLouisvilleKY4029195Planned

METHODOLOGY

Alex Blagojevich

Alex Blagojevich

Executive Managing Director / Co-Founder
alex.blagojevich@mmgrea.com
Michael-Sullivan

Michael Sullivan

Executive Managing Director / Co-Founder

michael.sullivan@mmgrea.com

Brett

Brett Meinzer

Managing Director

brett.meinzer@mmgrea.com

Kyle Shoemaker

Kyle Shoemaker

Managing Director

kyle.shoemaker@mmgrea.com

Simon Turner

Simon Turner

Senior Director

simon.turner@mmgrea.com

Bill Brading

Bill Brading

Senior Director

bill.brading@mmgrea.com

Thomas

Thomas Skevington

Senior Advisor

thomas.skevington@mmgrea.com

Jake Sullivan_2023

Jake Sullivan

Senior Advisor

jake.sullivan@mmgrea.com

We're proud to advise our clients about more than just their assets. Gain comprehensive insight into the multifamily industry with our exclusive, on demand access to actionable market intelligence.

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Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

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