Abramson: MetroSafe System To Be Housed In Federal Reserve Bank Building Downtown
Tuesday May 25, 2004
Mayor Jerry Abramson announced today that Louisville Metro Government is in final negotiations to purchase one of the most secure structures in the community -- the Federal Reserve Bank Building -- to house the MetroSafe Communications System.
Abramson said Metro Government and Federal Reserve officials in St. Louis have agreed on a $4 million price tag for the building, which has nearly 100,000 square feet of usable space.
Metro Government will spend another $4 million to $5 million upgrading the facility, located at 410 S. Fifth St., to accommodate the extensive communications system. Constructing a building from scratch would have cost about $25 million, saving the effort at least $15 million.
Not having to construct a new building also will save 18 to 24 months in implementation time, which means the MetroSafe Communications System may be operational by 2006, Abramson said.
“Public safety is our No. 1 priority,” Abramson said. “The ability to communicate – seamlessly, quickly and effectively – is an important part of keeping our community safe and secure. Today’s announcement that we have a headquarters for this initiative is a major step forward in our efforts.”
Abramson said he expects contract negotiations to be complete within the next several weeks. Metro Government would take control of the building early next year.
The MetroSafe Communications System will link the community’s nine emergency dispatch centers, ranging from police and fire departments to the Emergency Medical Service and area hospitals. The MetroSafe System also would have the capability to work with dispatch centers in other counties throughout the region.
Thus far, Louisville Metro Government has committed about $30 million toward the project from $18 million in local dollars and $11 million in state and federal funding. The overall cost of the initiative is expected to exceed $70 million.