By Marty Finley – Reporter, Louisville Business First
Sep 15, 2016, 10:47am
A tenant has claimed a 13,000-square-foot retail building recently completed by Hagan Properties Inc. at Middletown Station, a large mixed-use commercial development on nearly 70 acres in eastern Jefferson County.
Tommy Edwards, a retail leasing representative with Louisville-based Hagan Properties, said Louisville-based Norton Healthcare Inc. is taking the entire building, which was constructed on more than an acre at 12955 Shelbyville Road. He did not disclose the lease terms.
The new space is along English Station Road, next to a building that houses a Feeder’s Supply Store. Construction costs previously were estimated at around $800,000.
Edwards said he thought Norton would move in early next year. But Norton public relations project manager Lynne Choate said it’s very early in the planning process and there’s no firm timeline.
Norton plans to relocate Kosair Children’s Hospital Medical Associates – Middletown from a smaller space it currently leases across the street.
“We want the additional space,” she said. Two doctors work in that pediatric practice, and both will move.
Middletown Station is anchored by a Wal-Mart Supercenter and Target store off Shelbyville Road near the Gene Snyder Freeway. Together, Target and Wal-Mart account for about 360,000 square feet of the shopping center, which has more than 600,000 square feet.
Middletown Station has multiple buildings that house a mix of restaurants, retailers and medical users.
And the development still has room for growth. Hagan Properties has the capacity, Edwards said, to add another 130,000 square feet of space to the development near Target if needed.
Edwards said he expects that Middletown Station, once completed, will have about 750,000 square feet of leasable space. Hagan has not indicated a timeline for additional construction there.
“We will construct it as the market demands,” Edwards told me late last year.