Jeffersonville Mayor Mike Moore joined other officials today as they broke ground on the Gateway Commercial Development located at the corner of 10th and Spring Streets that will bring the city’s first stand-alone Starbucks.
The project is a $30 million private investment by Hogan Development of Louisville who developed Veteran’s Crossing in nearby Clarksville. It will consist of two phases with the first phase including the Starbucks along with at least three other restaurants. The second phase of the project will consist of two hotels and possibly an office complex.
“This is a very exciting day for Jeffersonville. We’re transforming an entrance into our city from vacant land to a major commercial development,” said Moore of the nearly 11 acre project. “We’ve worked very hard to find a top quality development that fits right for this spot. It’s right off Interstate 65 in our downtown. We wanted something that would help continue our downtown renaissance.”
The City has made significant infrastructure improvements along 9th Street that will serve as a primary entrance into the development along with access from 10th Street. Meanwhile, improvements to the 10th Street corridor are schedule to be finished this Spring.
“All the pieces are coming together. By investing in our infrastructure we’re attracting businesses,” said Moore. “Jeffersonville is experiencing unprecedented growth and development because we’re investing in our future.”