LOUISVILLE—Economic activity is picking up in the Louisville metro area and this is helping touch off a good deal of retail development. GBT Realty Corp. a national real estate development company based in Brentwood, TN, has launched several projects here, and is now set to bring even more retail to the metro area. In partnership with The Koetter Group, a Floyd’s Knob, IN-based real estate and construction firm, GBT plans to develop a $35 million regional retail center on 24.7 acres in Jeffersonville, IN, which GBT is under contract to purchase.

The company will begin site work immediately after closing the land acquisition in December and plans to open the development, located immediately across from Phase I Marketplace at Jeffersonville Town Center, in spring 2017.

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