Now substantially refurbished, the 530 W. Oak project has yielded quality living spaces and offices/studios. The corner space has undergone some initial restoration, and in the interim has held many art, music and other public events and gatherings as "The Space at 6th & Oak." We hope it will further become great community meeting place, perhaps as a restaurant or small grocery, and serve as an anchor point in the neighborhood.
Oak Seed, Inc. intends to sustain rental agreements at fair market value, in order to retain long-term tenancies and to avoid excessive gentrification of the neighborhood. The Oak Seed partners value Old Louisville's diversity – one of its defining attributes and a trait integral to its neighborhood character – and do not wish to displace residencies, but rather to help create more.
With all spaces currently occupied and stable except for the large 6th & Oak corner, we are presently focusing on design and planning for a complete restoration of that historic venue. This will involve excavating the old wooden floor, reinforcing the 130-year old brick foundation, installing all-new mechanicals, and replacing the non-period brick on the North facade with glass, as it was in the 1920's and 30's.
See a before/after picture of the 6th St facade here.