New York Company Invests in Louisville Area Landmark

recent article in the Louisville Courier-Journal provides very welcome news to supporters of a longtime Louisville area landmark. The former Colgate-Palmolive plant in Clarksville renowned for its huge clock has been purchased by Active International, an advertising and trading company based in New York. Before Colgate bought the plant in 1921, the building was a Kentucky state prison. The famous clock—40 feet in diameter—is one of the world’s largest and has been clearly visible from anywhere in downtown Louisville since it was built in 1924. The almost 60-acre site located just off Interstate 65 in Clark County was purchased by Active International in April one and one-half years after Colgate-Palmolive closed the plant. The plant and the other buildings on the property has been on a list of the 10 most endangered landmarks in Kentucky, and local historical preservation buffs had been hoping that the main building with the huge clock could be saved from the wrecking ball. The site remains “on our radar screen,” said Laura Renwick, community preservation specialist in the southern regional office of the Historic Landmarks Foundation. But the foundation is “hopeful” about the site, she said, “with a commitment from the new buyer and the interest the town has in seeing the key components being preserved.” Along with the famous plant, around 20 buildings containing almost 1 million square-feet of space remain on the site, but Active International did not disclose the purchase price or reveal its plans for the historic landmark. If you’re looking to buy or sell your own piece of Louisville real estate, historic or not, point your web browser to the area’s premier web site for Louisville real estate services—! No matter what your Louisville real estate needs may be, you’re certain to find what you need, including Louisville property management!

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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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