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New Middletown development now set to open early next year
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Development of the new Madison Station development at the corner of North Madison Avenue and Shelbyville Road in Middletown was delayed by a partial roof collapse and waiting for approval of building plans.
But the 8,710-square-foot retail development should be ready for occupants after the first of the year, said John Hollenbach, a principal with real estate development company Hollenbach-Oakley LLC. The estimated cost of the project is $1.9 million.
The center design is reminiscent of an old train station because it's on the same property where a Louisville & Interurban Railroad Station was, as Business First previously reported.
His wife and co-owner Madeline Peters said the new location — Coal's second — will be similar to their Frankfort Avenue store, with wood paneling, a private dining room for special occasions and the same light fixtures. It also will have a vintage-looking neon sign.
"It is coming up beautifully right now," she said. "I think this will be very successful."
The couple is investing personal savings into the construction of its new store but declined to say how much.
The restaurant will occupy 3,700 square feet, while the remaining 5,000 square feet will be occupied by two or three other tenants, Hollenbach said.
"We are working with a few different prospects right now."
Caitlin Bowling covers these beats: Restaurants, retail, human resources, and women & minority affairs.
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