As promised back in January, the stabilization poles holding up three Main Street façades have come down. The move marks the continued progress construction workers have made to stabilize, rebuild and renovate 111, 113 and 115 W. Main St., which were ravaged by fire nearly a year ago.
The three addresses make up the more than $30 million mixed-use development called 111 Whiskey Row, which will include restaurants, apartments and office space when it opens in June 2017. At that time, the restaurant and office tenants will begin building out their spaces and are expected to open later that year.
“While our timeline has changed, our mission has remained the same,” said Steve Wilson, a founding partner of 21C Museum Hotel, adding that the developers and investors are committed to the preservation and restoration of the nearly 150-year-old historic buildings.
Wilson is one of six named investors and developers in the 111 Whiskey Row project. Others include preservationist Edie Bingham; Nina Bonnie, founder of the Kentucky Horse Park Foundation; local investor and philanthropist Christina Brown; Craig Greenberg, also a founding partner of 21C Museum Hotel; and Valle Jones, founder of commercial real estate development company Mayin LLC.
Jones said the fire added several million dollars to the cost of the project, but insurance should cover the majority, or possibly all, of the additional expense.
Louisville-based Sullivan & Cozart is the project’s general contractor. Once work is complete, 111 Whiskey Row will have 12 apartments, a mix of studio and one-bedroom units, on the top two floors ranging from 900 square feet to 1,500 square feet.