Louisville Area Landmark Auctioned in October

According to a Canadian real estate company, there will be an auction on October 15th for the former workplace of thousands of Louisville area residents. The Colgate-Palmolive Plant in Clarksville, which once employed 1,500 people at its peak of production in the 1960s making toothpaste, shaving cream and other household products, will be on the auction block. Active International, which bought the property from Colgate-Palmolive in 2009, is hoping that developers will bid on the sprawling complex of buildings to make the property into homes, shops, offices, a hotel and other uses. Colgate-Palmolive closed the plant in December 2007, laying off the last 200 workers at the once bustling industrial complex. Since then, Clarksville city officials have rezoned the site for mixed-use development in the hope that developers will turn a liability into an anchor for revitalizing the city’s struggling south end. City officials also hope that builders will preserve the complex’s historic clock, visible from downtown Louisville for decades, one of the largest in the world and a local landmark, and make it the centerpiece of the site’s redevelopment. Clarksville officials are hoping that a developer or consortium of developers with deep pockets and a plan in place to repurpose the industrial complex will come forward at the auction and transform a blighted part of the city into an asset. Are you a local business owner or budding entrepreneur looking for commercial real estate in the Louisville area to start a business or expand an existing company? For the area’s best selection of Louisville commercial real estate and superb customer service, contact the real estate pros at Louisville Properties at 502.744.9504. There is a wide range of Louisville commercial real estate from which to choose throughout the Louisville metropolitan area. Call us today!

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James Powell

Jim Powell has over 20 years of experience buying and selling luxury real estate in Louisville, KY and Managing over hundreds or rental properties across the city.
Jim Powell (License #191501)

Lauren Ghanavatian

Lauren Ghanavatian attended Assumption High School and the University of Louisville. Growing up in Louisville gave her a sense of the unique and diverse communities this city has to offer.

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Louisville Properties is a full service Louisville Real Estate Company for buyers and sellers of real estate. We offer the following services
3418 Frankfort Ave #100 Louisville, KY 40207 Louisville, KY 40207
United States
Phone: 1-502-744-9504

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