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Metro Newsroom 


Mayor Abramson Names Downtown Development Corp

Wednesday January 22, 2003

Mayor Abramson Names Leadership For Enhanced Downtown Development Corp.

Mayor Jerry Abramson today announced the formation of a public-private partnership, designed to be the focal point for shepherding downtown development efforts. The enhanced Downtown Development Corporation will serve as the official entity for all downtown development initiatives and coordinator of downtown programs for the new Louisville Metro government, Abramson said at his regular monthly news conference today.

The DDC will operate under a written Memorandum of Agreement with Louisville Metro Government. Barry Alberts will continue serving as DDC Executive Director. Patricia Clare will serve as DDC’s Director of Project Development.

“One of the great strengths of our downtown is the ability of both public and private sectors to combine their efforts – and to work in partnership – to make our downtown the best that it can be,” Abramson said. “To that end, the DDC has a proven track record in assembling such partnerships and serving as a catalyst for many important downtown projects.”

Abramson today also announced that he has asked Robert Horton to serve as chairman of the DDC’s Board of Directors. Horton, a retired banking executive and long-time civic leader, most recently served as co-chair of Abramson’s transition team.

The DDC – a non-profit organization with both privately funded and publicly funded employees – will provide oversight and coordination for all the city’s downtown initiatives and properties, including Louisville Central Area, the Downtown Management District, the Waterfront, Medical Center Development Corporations, and the downtown attraction activities of Greater Louisville Inc.

Initially, the DDC will be charged with implementing the new 2002 Downtown Louisville Development Plan and prioritizing which initiatives can be accomplished in the upcoming fiscal year, Abramson said. The DDC also will be reviewing current downtown projects and programs to determine if there are ways to improve their effectiveness.

Abramson said similar downtown development organizations have been successful in cities such as Portland and San Diego.

In addition to Horton, DDC board members include:
 
· Hank Wagner, Jewish Hospital
· Nana Lampton, American Life
· Mary Griffith, National City Bank
· Eric Doninger, Brown-Forman
· Stuart Goldberg, Baer Fabrics
· Fred Joseph, Stites and Harbison
· Norman Berry, Berry Associates
· Ed Allgeier, Allgeier Associates
· Bob Klingel, WHAS-TV

“These people have a demonstrated passion for the continued resurgence of downtown as the heart of our community,” Abramson said. “Collectively, they have the ability to implement our community’s vision for downtown.”