MARKET OUTLOOK
- Retail sales rose slightly during Q4 2025, showing that consumers are still apprehensive about challenges including inflation as we enter a new year.
- Retail real estate remains strong in the eastern and northeastern portion of Louisville, especially with grocery space. Publix completed two ground-up projects.
- In restaurant news Shake Shack is reportedly making it’s first foray into the area, while Chik-fil-A continues to expand.
- Downtown developer Zyyo/Campisano Capital began preparing the site for their NuLu Crossing project and announced plans for a 27-story hotel.
MARKET FUNDAMENTALS
YOY
Chg
Outlook
74.1K
Median HH Income
0.4%
Population Growth
4.3%
Unemployment Rate
ECONOMIC INDICATORS
YOY
Chg
Outlook
0.5%
GDP Growth
1.1%
Consumer Spending Growth
0.5%
Retail Sales Growth
Source: BEA, Census Bureau
KEY INSIGHTS
Across the U.S. consumers are cautiously increasing spending in Q4 2025. Locally, there are some new projects beginning to take shape, specifically in the eastern part of the Louisville market. Proposed work downtown and in the Highlands could provide much-needed revitalization should they continue to move forward. Read more about what is happening in Louisville’s Retail market in the full report.
