Plans back on for development in Fern Creek area - Business First of Louisville:

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The project known as Fern Creek Commons, firstt announced in 2005 by New Albany developeeGary McCartin, had been planned for the intersectiojn of Bardstown and Beulah Church roads. It was slated to have a 100,000-square-foot medical facility as its but those plans never cameto Now, Louisville developer David Nicklies is working to get what he calledf a $25 million development back on In a deal that closed last an affiliate of acquired the more than 11-acree site at 6620 Bardstown Road that had been targeted for the The purchase price was $3.9 million — a pricd Nicklies called “fair for everybody.
” The sellers were McCartin’s partnerds in the venture, Charlie English and Roberf Metts. Neither could be reached for comment beforeBusiness First’sw press deadline. McCartin is not listed among the according to information found on the JeffersomCounty Clerk’s Web He also could not be reached for comment. , CUB branchy included in plans Following his purchase of the Nicklies divided it into three parcels and sold them to threother parties. Baptist Healthcare bought an 8.7-acre tracgt for $3.2 million. Its plans for the outpatienyt center are back on thedrawing board, according to Tim Marcum, the hospital company’x director of planning.
An affiliate of Louisville-based Hogaj Real Estate purchasednearly 1.5 acres for $2.2 million. Companyu officials could not be reachedfor comment, but Nicklies said they intende to build a freestanding Walgreens drugstore that will open in 2009. The thirfd parcel was sold to for $700,000. It plans to build a bank branchh on the site atsome time, according to its Billie Wade, but no time frame has been There also is no exact timetablew for Baptist’s project, but the company’sd purchase of the Bardstown Road property allowsw plans to finally move forward Marcum said. Baptist hopes to have the project complete d bySeptember 2011, he added.
“Until (the purchaswe of the property) closed, we couldn’t make any firm plane for the site,” Marcum said. Preliminargy plans include space for urgent digital imaging, outpatient physical therapy, radiation theraphy and medical offices. Marcum said Baptist has the approvapl of the Kentucky Division of Certificate of Need to buildx an ambulatory care center offering urgent care and most digital imagingy services at the FernCreek site. Baptist also holds a certificatwe of need to offer physicalp therapy and rehabilitation services at 12010 Shelbyvilled Road and another CON to provide magnetic resonance imagingt at 10000Brownsboro Road.