Kentucky Towers

Kentucky Towers

Kentucky Towers is a historic apartment building located in Downtown Louisville, Kentucky, USA, at 430 W Muhammad Ali Blvd.[1]

History

The building was first built in 1925 on the corner of Fifth and Walnut streets as the Kentucky Hotel.[1] It was the last hotel built in Downtown Louisville before World War Two.[1] The late 1960s experienced a large growth in new apartment construction throughout the United States.[2] At the same time, some buildings were converted into apartment buildings, and in 1972 the Kentucky Hotel was converted to an apartment building and renamed the Kentucky Towers.[1][2] In 1978, the Louisville Board of Aldermen voted 6–5 to rename Walnut Street to Muhammad Ali Boulevard.[3] In 1997, Kentucky Towers was the largest residential building in Downtown Louisville.[4]

Other historic downtown buildings are in close proximity. To the east is the Seelbach Hotel, and directly across Muhammad Ali Boulevard, to the north, is the Republic Building and the Cathedral of the Assumption.

Building

The building is 19 stories and includes 285 apartments.[4] As of 1997, the swimming pool on the roof of the seventh floor was the highest swimming pool in the State of Kentucky.[4]

In 2005, the building was purchased for $7.65 million by a New York City investor Aaron Parnes.[5] In April 2010, PMR Companies, a local management company, began managing the building.[6] In 2019, the building sold for $17.7 million to a New York-based firm.[7] As of 2024, the building was managed by AMP Residential, leasing apartments under the branding of the Flats on Fifth.

Notable inhabitants

References

  1. ^ a b c d Findling, John E. (2009). Louisville; Postcard History. Arcadia Publishing. p. 34. ISBN 978-0-7385-6788-4.
  2. ^ a b Kieber, John E. (2001). The Encyclopedia of Louisville , Volume 2000. University Press of Kentucky. pp. 39–40. ISBN 978-0-8131-2100-0.
  3. ^ Hill, Bob (November 19, 2005). "Ali stirs conflicting emotions in hometown". The Courier-Journal. Retrieved December 22, 2006.
  4. ^ a b c Nold, Chip; Bahr, Bob (1997). Insiders' Guide to Louisville, Kentucky & Southern Indiana, 2nd. Globe Pequot. p. 278. ISBN 978-1-57380-043-3.
  5. ^ Jeffords, Sarah (June 22, 2007). "Kentucky Towers undergoing $3.5 million in renovations; Occupancy is up sharply under new management". Business First of Louisville. Retrieved September 29, 2010.
  6. ^ Elson, Martha (September 7, 2010). "Company transforming Cherokee Triangle site into corporate headquarters". The Courier-Journal. Retrieved January 8, 2016. (subscription required)
  7. ^ "Kentucky Towers in downtown Louisville sells for $17.7 million". WDRB. July 15, 2019. Retrieved December 1, 2024.
  8. ^ Siemionow, Maria (2009). Face to Face: My Quest to Perform the First Full Face Transplant. Kaplan Publishing. p. 104. ISBN 978-1-60714-051-1. kentucky towers.

38°15′4″N 85°45′32″W / 38.25111°N 85.75889°W / 38.25111; -85.75889