Louisville River Bonds Probe Stalls $500M District Project
River Bonds Investigation Triggers Major Development Delays Louisville's ambitious $500 million river district redevelopment project has come to a complete halt. A widening investigation into the city's River Bonds program has triggered unprecedented delays. These delays threaten to derail years of municipal planning and private investment commitments. The probe was launched amid concerns over development negligence and suspected bond mismanagement. Authorities have suspended all construction activities between 3rd Street and 7th Street along the critical river corridor. Multi-modal infrastructure improvements face indefinite postponement. Projects like enhancements to River Road and the Louisville Loop are now on hold. The original timeline called for construction beginning in May 2025 along River Road and the Louisville Loop. Investigators are scrutinizing fund allocation practices within the bonds program. Legal experts and financial auditors are gathering evidence related ...