New downtown tower: The latest

Access Louisville

A couple recent real estate deals allow plans for a proposed 27-story tower to move forward.

And we chat about those transactions on this week's Access Louisville podcast.

LBF Senior Reporter Joel Stinnett is on the show to talk about New York City-based Zyyo's latest moves toward building the facility, as it has closed deals to purchase 140, 138 and 136 W. Market Sts., according to deeds filed with the Jefferson County Clerk’s office. The transactions totaled more than $4 million.

As Business First first reported in July, the properties are where Zyyo, in partnership with Hawley, Minnesota-based TruVine Companies, is planning to build the tower. It's known as One Forty West, and will feature a 300-room hotel at the corner of 2nd and Market streets.

“Next steps for the development include demolition, site prep and design. We are managing negotiations with a number of brands, all of which are super excited with our program and vision. Construction estimation is an ongoing process through each of those phases,” Nick Campisano, founder and CEO of Zyyo, said. There's more on the project here.

Also on this week's show we chat about developer Earl Winebrenner buying more land in NuLu.

In the second half of the show Reporter Piper Hansen fills us in on what's happening in Floyd County, Indiana, including an under development business park with nearby housing that's under construction.

She also tells us about a key figure behind that development, John Vellenger, president of in-space industries, Redwire Corp., which is building a facility in Floyd County. Vellenger has had an amazing career in engineering focused around countless experimental modules and technology being tested on the International Space Station. You can read more about him here.

Access Louisville is a weekly podcast from Louisville Business First. It's available on popular podcast services, including Apple Podcasts and Spotify.