Economic Growth and Innovation Newsroom
Gourmet Market To Open Downtown
Tuesday February 19, 2008
A new gourmet grocery will soon open downtown, thanks in part to a loan from Louisville Metro Government.
The Gourmet Market at Theatre Square will offer a full-service meat counter, groceries and perishable items when it opens this spring inside the historic Kentucky Theatre. Owners George Stinson, Ed D. Lewis and Eric J. Haner received a $50,000 forgivable loan from the Louisville Metro Business Development Corp.
The owners are renovating the theatre, on Fourth Street near the Brown Hotel, into a retail center that includes a florist, an upscale wine/liquor shop and a Nancy’s Bagels store.
“The Gourmet Market is a great addition to downtown,” Mayor Jerry Abramson said. “It will not only serve the growing number of people moving downtown, it will also be a great place for lunch.”
The market was one of five Louisville businesses and individuals receiving METCO loans in late January. The loans are used to encourage new stores and business expansion.
Businesses receiving loans are:
- Tacky Palette, 9515 Dixie Highway. A $30,000 loan will help owner David Koch open his art studio.
- Mike Maloney, 807 E. Market. Maloney received a $30,000 low-interest loan to help renovate the façade of a building he owns in the East Market Arts district.
- ETA Daycare Center, 724 W. Breckinridge St. A $5,000 loan will allow the daycare center make its building accessible to the disabled. ETA also received a $30,000 loan to help renovate its façade.
- Dr. Ann Nevils, 3624 Frankfort Ave. A $30,000 loan will help Dr. Nevils and her husband, Gary McGruder, renovate their veterinary clinic in the Crescent Hill/St. Matthews neighborhoods.
For more information about business loans provided by Metro Government, see www.louisvilleky.gov/economicdevelopment