The Platinum Restaurant Group’s choice only adds to the growing excitement about the transformation of downtown Louisville.
Lousiville, KY (PRWEB) February 18, 2010
Hertz Investment Group, one of the largest fully-integrated real estate investment companies in North America, confirmed today that it has leased 11,500 square feet in the Starks Building in Louisville to Platinum Restaurant Group. Under a 15-year lease, Platinum will develop the space as an Eddie Merlot’s, an expanding national chain of upscale steak and seafood restaurants.
Said Hertz President Gary Horwitz: “The Starks Building is a vital part of Louisville’s historic downtown center, an area that has been very much re-energized by plans for the Louisville Arena which is scheduled to open in November of this year. The Platinum Restaurant Group’s choice only adds to the growing excitement about the transformation of downtown Louisville.”
Design Collaborative, an Indiana-based architectural firm, will design the interior of the new restaurant which will incorporate light woods, translucent stained-glass mosaic shields and a thoroughly contemporary look. The restaurant is expected to open in late July or August.
Added Horwitz: “Eddie Merlot’s will be a beautiful venue, a best-in-class restaurant, and it will be ready for the retail, convention and concert traffic that will be attracted to the downtown core when the new, nearby Arena opens later this year. In the meantime, the total build-out of the restaurant space will exceed $3 million, generating much needed construction and service jobs into the heart of this beautiful city.”
About The Hertz Investment Group
The Hertz Investment Group specializes in the acquisition, marketing and management of exceptional real estate properties with a special emphasis on downtown revitalization.
The company is privately held and is today one of the largest fully-integrated real estate investment companies in North America. Hertz currently owns and manages 20 major urban properties, representing nearly 10 million square feet of office space in the central business districts of 11 U.S. cities across eight states: Indiana (Indianapolis), Kentucky (Louisville), Louisiana (New Orleans, Shreveport, and Lake Charles); Mississippi (Jackson), Missouri (St. Louis, Kansas City), Pennsylvania (Pittsburgh), and Ohio (Columbus, Cincinnati).
Since its founding by Judah Hertz in 1979, the Hertz Investment Group has acquired and managed a diverse collection of more than 100 premier properties throughout the United States, including prominent high-rise office buildings; international market centers for fashion and jewelry; historically significant landmark properties; luxury hotels; high profile theaters and society clubs; large retail centers; and multi-family residential properties.
For more information, visit us at http://www.hertzgroup.com on the Web.
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