By Marty Finley – Reporter, Louisville Business First Aug 29, 2019, 1:13pm EDT
The developer behind several Class A office properties on North Hurstbourne Parkway has provided the first glimpse into its new high-end apartment project near Oxmoor Center in Louisville’s East End.
Louisville-based NTS Development Co. released interior renderings this week of the planned 301-unit Upton Oxmoor apartments. The new images show off many of the apartment community’s planned amenities, including a club lounge, game room, fitness center, conference center, private lounge and modern lobby.
New exterior renderings also were provided of the complex, which shows off the pool and other outdoor amenities. You can see the images in the attached slideshow.
Upton Oxmoor Apartments is planned on 16 acres at 7725 Upton Oxmoor Lane and is eyeing spring 2020 for initial occupancy with a fall 2020 completion. Construction started earlier this year.
Once completed, Upton Oxmoor will house more than 300,000 square feet of rentable space across nine garden-style apartment buildings patterned off a modern farmhouse design, one of which will feature a clubhouse. A two-story 533-space parking garage also is planned. Monthly rental rates are slated to fall between $1,200 and $2,300.
The property is part of the larger Oxmoor Farm, which has been controlled by the Bullitt family since the 1780s. The well-known estate has been divided over the years to allow for the construction of Interstate 64, Oxmoor Center and other commercial development.
The land is owned by the Bullitt Family Trust, and the apartment complex is a joint venture between the trust and NTS. This is the second time NTS has worked with the Bullitt Family Trusts. NTS previously developed the Oxmoor Woods subdivision on part of the original Oxmoor Farm property.
Louisville-based Calhoun Construction Services is the general contractor. Atlanta-based Niles Bolton Associates is the architect. Dallas–based Faulkner Design Group is the interior designer.
NTS is a full-service real estate firm that specializes in both residential and commercial development and management. It is the ongoing developer of the ShelbyHurst Office Campus off North Hurstbourne Parkway and Shelbyville Road that has produced several large office buildings. Shelbyhurst is home to companies such as Churchill Downs Inc. (Nasdaq: CHDN), Steel Technologies LLC, Ventas Inc.(NYSE: VTR) and BrightSpring Health Services, among others.
The company manages more than 10.9 million square feet of real estate that includes more than 5,000 luxury apartment homes and more than 3.9 million square feet of commercial property in eight cities.