Summary:
- American Development Corp. plans a $63 million redevelopment of Louisville’s Jefferson Education Center into a student housing complex with 431 beds, targeting Jefferson Community and Technical College students.
- The project includes renovating existing space, adding new construction, and building both a new parking structure and underground parking, while retaining some current campus functions.
- Renovations could start late 2026, with new construction in early 2027, aiming for student occupancy by fall 2028, funded by private investment and approximately $50 million in tax-exempt bonds.
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