A $2.5 billion development is nearly underway in Oldham County.
Known as Clore Station, the 500-acre project will consist of residential units, a hospital, arts center, grocery store, senior living facility and more, according to Gant Jones, architect with The Jones Group and a member of the Clore family. Louisville Business First first reported on Clore Station in 2018 when the Clore family brought on DPZ, a global planning firm that helped map out Louisville’s Norton Commons and several other new urbanism developments, to develop a master plan for the roughly 482-acre property along Interstate 71 in Crestwood.
New urbanism is an architectural planning type that designs walkable, human-scale, mixed-use neighborhoods.
“It’s not an uncommon thing around the United States, but it’s an uncommonthing around the Louisville area,” Jones said. “This is kind of the waydevelopment is going into the future.”
Since 2018, Jones said the team has been working to develop the master plan andbegin laying out the infrastructure for the development. Jones said constructionon the first phase is anticipated to begin in late-December.
The project may involve more than 10 phases, spanning 20 to 30 years.
Jones said Norton Commons is a similar example for the project’s timeline. The development for the 600-acre East End development began in 1997, was awarded financing in 2003, and is nearly completed by year 30, Jones said.
The first phase will cover 25 acres with 160 residential and commercial lots, Jonessaid. He anticipates the build-out to take three years.
“You’ll see the full pallette,” Jones said. “You’ll see all the residential types. You’ll seeall the commercial types from large mixed-use buildings to live-work buildings.”
As of 2026, the development is set to include 3,000 residential units — includingtownhomes, single-family homes and apartments.
Baptist Health also purchased55 acres in 2022 to build a hospital, offering inpatient and surgical services. The initial target investment cost is $250 million.
Jones said the Oldham County Arts Center approached CS Development, thecompany tasked with developing the site, with an interest in the project. CloreStation donated the property and is working to develop a 50,000-square-foot artscenter for visual arts, music, dance and drama courses.
The second and third phases, which are currently being designed, will includethe senior living facility, commercial areas and more residential units.
Jones said they are self-funding the development.
The Clore family has owned the property since 1808, and family records show they were active in the Jefferson County area prior to that. It has remained farmland over the years, but the family has known for some time that the land likely would be developed one day, LBF previously reported.
Along with Jones, Bill Ramsey, civil engineer and president of Denham-Blythe’s Louisville office, and Clay Jones, custom builder and developer with The Jones Group, are helping lead the development.
Clore Station’s builders guild includes 15 Kentuckiana-based builders:
Bailey Homes
Bentley Homes
Caliber Homes & Remodeling
Deville Homes, Inc.
Eldridge Company
Joe Kroll Builder
Key Homes
Mason Construction & Development LLC
Orthober Custom Homes
Ramage Company
Stonehenge Construction LLC
The Jones Group
TJM Custom Homes
Tracee Dore Builders
WinMark Homes
Story Highlights:
-The $2.5 billion Clore Station development starts construction in December.
-Baptist Health bought 55 acres for a new hospital project.
-CS Development leads the 500-acre project in Oldham County.
This article originally appeared at Louisville Business First: Clore Station $2.5B development begins in Oldham County – Louisville Business First by Olivia Estright.