Personally, I was never crazy about the design, but I was all for seeing Louisville adding a significant architectural landmark like the Museum Plaza. It appears it was the ultimate victim of bad timing... the bottom dropped out of the economy before they had secured funding despite the developers best efforts.
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Developers behind Louisville’s iconic Museum Plaza development designed by New York-based REX have pulled the plug, according to a statement and a letter released today. In a letter to both Mayor Fischer and Governor Beshear, Craig Greenberg, one of the developers along with Steve Wilson, Laura Lee Brown, and Steve Poe, cited the recession and inability to secure financing for dooming the project.