Local Review On Louisville Office Spaces
Author: Pat Vedder
Given the location of Louisville with its river accessibility, central location and mild climate, it has become a focal point for commerce and industry expansion. The citys private and public sectors are working together to attract new commercial developments to its borders, In recent years, it ranked second in the Midwest as the Top 25 Best Cities for Entrepreneurs. The service industry is the biggest contributor to the citys economic growth most of which are in the tourism sector. The agency behind the development of new and existing businesses is the Greater Louisville Inc. While development has slowed down somewhat over the last two years, not unlike the national and even global trend, Louisville has kept its damages low with an office space vacancy rate of an average 12.4%. To find out how much space you will need check out our floorplan help page. This is perhaps a good rate if compared to the other cities in the country (especially local markets like Raleigh, Nashville, and Charlotte). Louisville Office space rentals have been fluctuating within the price of $14.31 per square foot to $19.11 per square foot - as rates depend on amenities, locations, and if the space is Class A, B, or C.
Louisville History and Local Economy:
Well known for its Kentucky Derby, Louisville, Kentucky with a population of 713,877 is the largest city in the state. The population growth has been steady at 4.26 percent this decade for the city. It is interesting to note that the cost of living in Louisville is almost 20% lower than the national standard. The crime is fairly low at 46 crimes per one thousand residents. These factors help to keep the demand for Louisville office space consistent, along with local companies renting serviced units, larger business park listings, and virtual offices. The city is the home of the largest historic preservation that has houses and buildings still maintaining the old Victorian style. The shipping and cargo industry played a big role in developing the economy of Louisville in the early days. Its shipping industry is still robust with its Worldport, the global air hub for UPS. Louisville is the seventh largest inland port in the United States. The city has also diversified into health care and medical sciences industries, in fact, the first artificial heart transplants were done here. Some large corporations that are based here include: Norton Healthcare, Humana, Brown-Forman Corporation and Yu! Brands (owners of KFC, Pizza Hut and Taco Bell).
Downtown Louisville and Commercial Developments:
Downtown Louisville has seen a shift in its skyline with the construction of Museum Plaza that is said to be 62 storeys high and a new waterfront arena which has a seating capacity of 22,000 people. Downtown is surrounded by the Ohio River in the north, Hancock Street in the east, York and Jacob Streets in the south and 9 th Street in the west. The Central Business District is located here and is divided into five main districts all of which offer beautiful executive suites and temporary office spaces for rent on a short term or long term lease basis. Some of the tallest buildings in Louisville, KY are the AEGON Center, the National City Tower and the PNC Plaza. There is a prominent glassed skywalk that stretches for six city blocks that link the Kentucky International Convention Center, Fourth Street Live!, Galt House Hotel & Suites, Marriot and the Hyatt Regency. The residential areas are mainly in the southern region of the city. Overall the city is perfect for any small business that wants to expand into a commercial property or to just take a spot in a small office. You can search our website to view images and other crucial tenant information.About the Author:
Are you looking for low cost
Louisville office space? Visit
http://www.officespaceheaven.com/office-space-heaven-feed/louisville-office-space.html today!
Cold Sore Freedom in 3 Days - Fast Cure For Cold Sore Review Teeth Whitening Reviews - Use Just Trusted Sources Thyromine Reviews Fit Yummy Mummy - Fit Yummy Mummy Review Can you really answer surveys for money? Eliminate Your Unsecured Debt - Decrease Your Credit Card Balance By 60% Small Business Debt Relief - How To Get Debt Relief For Small Business Financial Trouble Legitimate Debt Settlement Firms - Where To Locate The Best Performing Debt Settlement Firms Online Get Out Of Debt - What Are The Best Proven Methods To Get Out Of Debt? Bust Liars - Bust Liars Review Same Day Cash Loans: When Instant Cash Is Requires Same Day Debt Settlement Help - Why Credit Card Companies Are Fearful And How You Can Get Debt Relief Debt Settlement Options - Utilizing Stimulus Money For Debt Settlement