A local community group may have an opportunity to buy the Nia Center, after previous plans to redevelop the small business hub into affordable housing failed.
The Nia Center is owned by TARC, Louisville’s bus agency. TARC’s Board of Directors voted unanimously Tuesday to enter into purchase negotiations with the West Louisville Dream Team, which has offered to purchase the building for $2.1 million. The agency said it will submit an official response to the Dream Team’s letter of intent by Friday, which would start a 14-day period of exclusive negotiations.
TARC previously agreed to a deal with Goodwill Kentucky, which wanted to demolish the Nia Center and build a 78-unit affordable apartment complex. But Goodwill failed to get the necessary funding for the project from the West End Opp