CONSTRUCTION PIPELINE

Louisville Q2 2025

0

UNITS UNDER CONSTRUCTION

0

IN PRE-LEASE /
LEASE UP PHASE

0

UNITS PLANNED

0

PROSPECTIVE UNITS

Construction Pipeline

Pre-Lease Absorption Rate by Month

Forecasted Delivery Dates

Pipeline Status Breakdown by City

Pipeline Data Map

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 5/15/2025, 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 NameProperty AddressCityStateZip CodeUnit CountProperty StatusForecasted Completion DateStart Of Rent Up
Bishop Place704 West Jefferson StreetLa GrangeKY4003160In Pre-Lease/Lease Up PhaseMay-24Apr-24
Arbour Place4038 Herb Lewis RoadJeffersonvilleIN47130256In Pre-Lease/Lease Up PhaseJul-24May-24
Laurel, The3498 Jefferson Ridge DriveJeffersonvilleIN47130186In Pre-Lease/Lease Up PhaseJul-24May-24
Sage Springs120 Signature AvenueElizabethtownKY42701336In Pre-Lease/Lease Up PhaseAug-24May-24
Flats of River Ridge, The5201 River Ridge PkwyCharlestownIN47111204In Pre-Lease/Lease Up PhaseAug-24Jun-24
Buffalo Ridge Townhomes206 Cole Gray BlvdElizabethtownKY42701205In Pre-Lease/Lease Up PhaseAug-24Jun-24
Cedar Creek Flats7703 Cedar Creek RoadLouisvilleKY40291168In Pre-Lease/Lease Up PhaseAug-24Jul-24
Flats on 10th, The3300 Schlosser Farm WayJeffersonvilleIN47130300In Pre-Lease/Lease Up PhaseSep-24Jul-24
Glengrove12306 Glengrove CircleLouisvilleKY40272232In Pre-Lease/Lease Up PhaseOct-24Aug-24
Oakwood Landings5141 Commerce Crossings DriveLouisvilleKY40229336In Pre-Lease/Lease Up PhaseNov-24Sep-24
Warren, The4501 Town Center BlvdJeffersonvilleIN47130264In Pre-Lease/Lease Up PhaseMar-25Jan-25
Forest Edge1155 State Route 62CharlestownIN47111248In Pre-Lease/Lease Up PhaseMay-25Mar-25
Derby City Lofts440 W Market StLouisvilleKY40202-330220Under ConstructionJun-25
Yard, The320 South Shelby StreetLouisvilleKY40202189Under ConstructionJun-25
Flats at Twenty1090 Commerce ParkwayLa GrangeKY40031216Under ConstructionJul-25
Prestonian, The715 East Gray StreetLouisvilleKY40202343Under ConstructionJul-25
Zen NuLu620 E Market StLouisvilleKY402026Under ConstructionAug-25
Port Shaw Apartments3825 W Market StLouisvilleKY4021238Under ConstructionAug-25
Beecher Terrace Phase IV444 S 12th StLouisvilleKY40203-1762210Under ConstructionAug-25
Fountains at Cool Springs, The2450 Nelson DriveElizabethtownKY42701120Under ConstructionSep-25
Valhalla Park Place400 Shelby Station DriveLouisvilleKY40245204Under ConstructionSep-25
Galena Commons6717 Highway 150Floyds KnobsIN4711924Under ConstructionOct-25
Landon's Place1225 Old Finchville RoadShelbyvilleKY40065100Under ConstructionDec-25
3501 Sheehan Landing Dr3501 Sheehan Landing DrLouisvilleKY4021980Under ConstructionJan-27
Smyrna Parkway9309 Smyrna PkwyLouisvilleKY40229144Under ConstructionFeb-27
Sterling, The4805 Olympia Park PlazaLouisvilleKY40241278Under ConstructionFeb-27
Saltwell SpringsSaltwell Springs BlvdShepherdsvilleKY40165528Under ConstructionJan-28
East Market Street103 East Market StreetLouisvilleKY4020250Prospective
Louisville Printing Factory Redevelopment1100 West BroadwayLouisvilleKY4020350Prospective
Motorworks728 South 4th StreetLouisvilleKY40202319Prospective
Ormsby Avenue1000 West Ormsby AvenueLouisvilleKY40210492Prospective
Painters Row Phase II1427 Lytle StreetLouisvilleKY4020350Prospective
Slugger Field401 East Main StreetLouisvilleKY40202225Prospective
Starks Artist Lofts455 South 4th StreetLouisvilleKY40202305Prospective
Louisville Metro Animal Services Campus Redevelopment3801 Manslick RoadLouisvilleKY40215100Prospective
915 East Kentucky Street915 East Kentucky StreetLouisvilleKY4020350Prospective
ButchertownCabel Street & Franklin StreetLouisvilleKY40206200Prospective
Kensington CommonsBayswater Way & Griffin Gate RoadLouisvilleKY4020660Prospective
Urban Government Center Redevelopment810 Barret AvenueLouisvilleKY40204550Prospective
Distillery Commons Redevelopment200 Distillery CommonsLouisvilleKY4020656Prospective
Gilman's Point4101 Westport RoadLouisvilleKY40207296Prospective
River Park PlaceFrankfort Avenue & River RoadLouisvilleKY40202118Prospective
4933 West Pages Lane4933 West Pages LaneLouisvilleKY4025878Prospective
Terry Road5127 Terry RoadLouisvilleKY40216216Prospective
Altissima Place9118 West Manslick RoadLouisvilleKY40272216Prospective
Oak Pointe Apartments and Townhomes1600 Kurz WayLouisvilleKY40216406Prospective
St. Andy's Flats7717 Saint Andrews Church RoadLouisvilleKY4021456Prospective
St. Anthony Gardens Phase II3130 St. Anthony Gardens DriveLouisvilleKY40214128Prospective
9418 Pirouette Avenue9418 Pirouette AvenueLouisvilleKY40118136Prospective
Casualwood8314 Casualwood WayLouisvilleKY40291112Prospective
Commerce Crossings Two9701 Cooper Church DriveLouisvilleKY40229308Prospective
Cooper Crossing4800 Cooper Crossings DriveLouisvilleKY40229324Prospective
Hickory Trace8832 Moody RoadLouisvilleKY40219100Prospective
HoM Flats at Outer Loop6001 Outer LoopLouisvilleKY40219252Prospective
Indian Square3810 South Park RoadLouisvilleKY4022976Prospective
Mt. Washington RoadGarden Trace DriveLouisvilleKY4022982Prospective
Old Bardstown Road Townhomes9480 Old Bardstown RoadLouisvilleKY40291110Prospective
Southcliff10414 Old Preston HwyLouisvilleKY40229178Prospective
Star Hill6600 South Hurstbourne PkwyLouisvilleKY40291348Prospective
11311 Taylorsville11311 Taylorsville RoadLouisvilleKY4029976Prospective
1704 South Pope Lick Road1704 South Pope Lick RoadLouisvilleKY40299388Prospective
6422 Billtown Road6422 Billtown RoadJeffersontownKY40299240Prospective
8000 Broad Run Road8000 Broad Run RoadLouisvilleKY40291100Prospective
Hurstbourne Commons8127 Watterson TrailJeffersontownKY40299438Prospective
Jackson Trail4813 Bardstown RoadLouisvilleKY40291348Prospective
Schlatter Road11501 Schlatter RoadLouisvilleKY40291512Prospective
Tucker Creek9311 Old 6 Mile LaneLouisvilleKY4029960Prospective
1024 Watterson Trail1024 Watterson TrailLouisvilleKY4029956Prospective
1615 North English Station Road1615 North English Station RoadLouisvilleKY40223100Prospective
3323 Freys Hill Road3323 Freys Hill RoadLouisvilleKY40241312Prospective
Aiken North16907 Aiken RoadLouisvilleKY40245174Prospective
Christian WayChristian Way & Shelbyville RoadLouisvilleKY40222306Prospective
Factory Pointe13000 Factory LaneLouisvilleKY4024570Prospective
Locust Creek18501 Shelbyville RoadFishervilleKY40023370Prospective
New Arden Oxmoor8204 Arden Oxmoor LaneLouisvilleKY40222306Prospective
Ormsby Lane907 Ormsby LaneLouisvilleKY4024264Prospective
Sweetwater Springs718 Watterson TrailLouisvilleKY40243434Prospective
Glen Oaks10501 Brownsboro RoadProspectKY40059198Prospective
Oldham ReserveEden Pkwy & New Moody LaneLa GrangeKY40031500Prospective
Saddlebred PointeFreedom's Way & US Route 60ShelbyvilleKY40065100Prospective
699 North Buckman Street699 North Buckman StreetShepherdsvilleKY40165168Prospective
Homes at Ampere, TheWolfe Run Road & Hutcherson LaneElizabethtownKY42701100Prospective
Gantry Phase II, The5106 South Wilson RoadElizabethtownKY42701204Prospective
Redmar Blvd & North Wilson RoadRedmar Blvd & North Wilson RoadRadcliffKY40160160Prospective
Knobs Landing5053 Old Vincennes RoadFloyds KnobsIN47119125Prospective
Atlantis515 Marriott DriveClarksvilleIN47129160Prospective
Clark's Landing1410 South Clark BlvdClarksvilleIN47129560Prospective
Akers Crossing1307 Akers AvenueJeffersonvilleIN4713060Prospective
Riverside DriveWest Riverside Drive & Southern Indiana AvenueJeffersonvilleIN47130138Prospective
RiverView Lofts423 East Market StreetJeffersonvilleIN47130242Prospective
Ohio River Scenic Byway & Market StreetMarket Street & Ohio River Scenic BywayCharlestownIN47111200Prospective
Shadow LakeCharlestown Landing Road & State Road 62CharlestownIN4711150Prospective
One Park North2345 Lexington RoadLouisvilleKY40206140Prospective
Kristin's Quarter8300 Cooper Chapel RoadLouisvilleKY40229100Prospective
Meadows at McNeely Lake, The6600 Cooper Chapel RoadLouisvilleKY40229288Prospective
Skyview Place3500 Good Samaritan WayJeffersontownKY40299110Prospective
NuLu Crossing700 East Main StreetLouisvilleKY40202284Planned
2400 Lower Hunters Trace2400 Lower Hunters TraceLouisvilleKY40216184Planned
Cedar Grove Commons11801 East Orell RoadLouisvilleKY40272322Planned
2221 Bradford Drive2221 Bradford DriveLouisvilleKY4021894Planned
5604 Mt. Washington Road5604 Mt. Washington RoadLouisvilleKY40229666Planned
Fegenbush4310 Bardstown RoadLouisvilleKY4021888Planned
Revenant at Cedar Creek8000 Cedar Creek RoadLouisvilleKY40291348Planned
Tract Townhomes6803 Beulah Church RoadLouisvilleKY40228288Planned
Ascend at Hurstbourne, The4900 South Hurstbourne PkwyLouisvilleKY40291100Planned
1614 Johnson Road1614 Johnson RoadLouisvilleKY40245200Planned
Sunshine English Station805 South English Station RoadJeffersontownKY4029982Planned
Providence Point2050 Herr LaneLouisvilleKY40222520Planned
Saltwell SpringsWest Blue Lick Road & Village DriveShepherdsvilleKY40165616Planned
Buffalo Creek114 East Poplar StreetElizabethtownKY4270170Planned
George, The1409 Main StreetClarksvilleIN47129192Planned
Jeff on 10th Phase II, The3500 Ellingsworth Dairy DriveJeffersonvilleIN47130190Planned
One Park South2300 Lexington RoadLouisvilleKY40206421Planned

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

Simon Turner

Simon Turner

Senior Director

simon.turner@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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