Property Management: Portfolio: Park DuValle

Images: Man, Central Grammar Development

· Portfolio

Community Initiatives




Park DuValle 1804 Russell Lee Drive Louisville, KY 40211 (502) 778-7277 ParkDuV@communitybuilders.org In the Park DuValle HOPE VI plan, two public housing projects built in the 1950's and a rundown market rate family apartment complex were replaced with townhouses, single and multi-family homes reflecting the architectural typology and details found throughout Louisville's older neighborhoods. The new Park DuValle, covering 125 acres, links 650 rental residents and 450 homeowners with civic, recreational, and retail facilities. During the project's six to nine year development period, over $200 million will have been invested in this rebuilding effort with one-half the cost funded through private debt and equity. HAL and TCB held a ground breaking ceremony for Phase II of this initiative in October 1998 and welcomed the first residents as they moved into the Villages of Park DuValle in July 1999. Based on TCB's successful performance during the implementation of Phase II, we were subsequently selected to develop Phases III and IV of the project. Many community initiative projects have been established for this property, including, The View, a community newsletter designed to keep residents up-to-date about area activities and opportunities. Additionally, The Clubhouse, a meeting place and host for several programs geared toward specific segments of the residents population, has been established on the site. TCB has established partnership with the following organizations to further extend opportunities to the residents of Park DuValle: Manpower, Inc., Jefferson Community College, The Housing Authority of Louisville's Family Self-Sufficiency Program, Youth Alive, and the Salvation Army's Boys and Girls Club. Park DuValle received an international award for design from the American Institute of Architects for Urban Design, and has been featured on the HUD website.

Property Details


• Population: Family • Number of Units/Bedroom Mix: 213 Units; 18 1BR; 90 2BR; 98 3BR; 7 4BR • Housing Type(s): Townhouses and single and multi-family homes • Construction Type: New Construction

	Comprehensive Neighborhood Revitalization

	Community Builders and HOPE VI