Hagan Properties

Providing quality shopping center, apartment and self-storage locations since 1990

(502) 245-8800

EXCLUSIVE: Local developer plots new East End apartment complex

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By Eleanor Tolbert  – Reporter, Louisville Business First
Sep 29, 2022 Updated September 29, 2022 4:15 PM EDT

Louisville-based Hagan Properties has a few projects in the works, including a new multifamily development off Shelbyville Road.

The developer submitted plans this week for Locust Creek Apartments, a 370-unit apartment complex at 18501 Shelbyville Road. The plans show the complex will consist of 16 three-story buildings on about 27.5 acres.

Layson Hagan, principal and developer with Hagan Properties, said the units will start at 720 square feet and go up to 1,720 square feet. The rental rates will range from about $1,100 to $2,500.

Several amenities are including in the complex’s current design, including two dog parks, a pet spa, a swimming pool, a playground and clubhouse. Hagan said 30% of units will have direct access to garages as well.

The project is still in its early stages, so there isn’t a timeline in place for construction just yet. Hagan said the firm has a few other projects in the pipeline that will likely be delivered before Locust Creek, including the 520-unit Providence Point Apartments located on Herr Lane.

The plans show Gresham Smith, which has an office in Louisville, will be providing its services to the project. Hagan said Hagan Properties has an in-house construction company that usually provides contracting services on the firm’s multifamily projects.

Because the project is in its infancy, Hagan said there isn’t an estimated total cost yet.

The parcel of land was attractive because of its availability on a busy road, he noted.

“This property came onto our radar about a year ago. It was zoned R6 back in 1999 and it is one of the last remaining undeveloped parcels on Shelbyville Road that falls within the limits of Jefferson County,” Hagan said. “We met with the current landowner, Mr. Maurice Sweeney, and hit it off right away.”

The property is close to Louisville’s outer limits, but still remains in Jefferson County. Hagan said several demographics will find the location appealing, including families, millennials, young professionals and retirees.

Hagan Properties built several other multifamily projects around Louisville, including the 470-unit Victory Knolls and the 356-unit 9910 Sawyer Apartments, a sprawling upscale apartment complex that backs up to E.P. “Tom” Sawyer State Park.

We previously reported the firm is investing about $48 million into a 324-unit apartment complex on 19 acres at 8000 and 8006 Cedar Creek Road.

New-to-market restaurant to open two Louisville locations, including Shelbyville Road Plaza

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By Eleanor Tolbert  – Reporter, Louisville Business First
September 16, 2022 

A new-to-market, health-conscious chain will be opening soon in two popular shopping centers.

Playa Bowls, based in New Jersey, is a fast-casual restaurant that will be opening in the Shelbyville Road Plaza and Middletown Station. Sarah Cook Thiess and Brett Thiess are the local operators of the restaurants.

In a recent interview, Sarah Cook Thiess said the company specializes in bowls containing superfoods like acai, pitaya, chia pudding and more. Customers can also choose between a variety of toppings like fruit, nuts, granola and nut butters. Playa Bowls serves smoothies and juices as well.

“There are no artificial flavors. There are no syrups,” Thiess said. “There are no sugars being added to anything. We actually reduce the sugar level in many ways with all the fresh fruit.”

Both shopping centers are owned by Hagan Properties. The first location to open will be in the Shelbyville Road Plaza. The restaurant is taking up the approximately 1,900-square-foot former Murphy’s Camera, it the target opening date is in the end of 2022.

The second location is a new construction project in Middletown Station. The developeris building a two-tenant building in the shopping center, with Playa Bowls taking up one of the spaces. That’s anticipated to open in the spring of 2023.

The general contractor on both projects is local firm Churchill McGee. Thiess declined to disclose the investment into the new restaurants.

Thiess said she wanted to bring Playa Bowl to Louisville because it’s one of her favorites when she’s traveling.

“I became familiar with them while traveling to places like West Hartford, Connecticut, and out to Scottsdale, Arizona, where they have locations,” Thiess said. “And every time I would go, I was like, ‘This is amazing’ … I would eat there at least once a day during my visit, which sounds crazy, but it is because there are so many options.”

St. Matthews and Middletown seem like the right fit for Playa Bowl because of the other healthy food options in the area, Thiess said. Specifically with Shelbyville Road Plaza, she said Trader Joes, CycleBar, as well as other gyms and Whole Foods nearby, will complement the new business.

This is a new venture for Thiess. Prior to this, she’s served in several positions at Humana for about 14 years. She said operating a franchise pulls in all the pieces of her passions and past experiences into one role.

If she had to summarize her career, she said the first half was spent in project and portfolio management, and the last half were spent devising different strategies within health care.

“I’ve always enjoyed marrying those two worlds,” Thiess said. “And that’s what this does, between overseeing a really huge project, and building relationships within the community, as well as within your own business team. But also having to create a strategy about what the right timing is for everything.”

Playa Bowls was founded by Rob Giuliani and Abby Taylor in 2014. It now has over 150 locations.

Old Navy opens in Shelbyville Road Plaza

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By Eleanor Tolbert  – Reporter, Louisville Business First
September 7, 2022 Updated September 7, 2022 3:31 PM EDT

Louisville shoppers have a new place to go in St. Matthews.

Old Navy opened Wednesday in Shelbyville Road Plaza. The clothing retailer is taking up over 15,000 square feet in the busy shopping center.

The store sits between Nordstrom Rack and Guitar Center in the plaza. It was formerly home to the Nike Factory Store, which closed in January.

The shopping center, managed by Hagan Properties, is stacked with other well-known brands, including Trader Joe’s, Quest Outdoors, JoAnn’s, Buff City Soap and CycleBar.

Old Navy is owned by San Francisco-based Gap Inc. There are a few other Old Navy locations in Louisville, including in Jefferson Mall and the Springhurst Town Center, as well as Gap and Banana Republic stores.

While Nike has moved out of the plaza, it could be opening another store down the road. The company filed plans in August for a store in Oxmoor Center. The plans show the Nike By Louisville will take up 4,900 square feet in the mall.

Right now, the only Nike location in Kentucky is the Nike Factory Store in the Outlet Shoppes of the Bluegrass in Simpsonville. The Lexington Herald-Leader also reported in August a Nike store is opening in The Summit at Fritz Farm.

The permit applications filed to the city of Lexington showed the store will be the retailers new Nike Live concept, which is a members-only store with a focus on mobile and a two-week merchandise rotation, Retail Dive reported.

Local developer competes in World Championship Horse Show

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By Eleanor Tolbert  – Reporter, Louisville Business First
August 26, 2022

While Scott Hagan is dedicated to his real estate career, his day job helps him pursue his other passion: Saddlebred horses.

The local developer is behind several well-known properties in Louisville, including Shelbyville Road Plaza. What some may not know is that he’s also accomplished in the equine industry, specifically for breeding and showing American Saddlebreds.

This week, Hagan, one of the owners of Hagan Properties, has 11 of his horses entered in the World Championship Horse Show at the Kentucky State Fair.

“I’ve done this for over 50 years,” Hagan said. “I started showing when I was five and have been in the business since then.”

This year marks the 119th World Championship Horse Show. The show, held at Freedom Hall since its construction in 1956, is an eight-day competition with between 1,900 and 2,000 horses participating.

This year marks the 119th World Championship Horse Show. The show, held at Freedom Hall since its construction in 1956, is an eight-day competition with between 1,900 and 2,000 horses participating.

Hagan said the competition is split up into different classes based on style and difficulty, as well as age and gender of the rider and the horse. Of the 11 horses, Hagan is personally showing five in the competition.

“There roughly 240 classes in an eight-day period, all of them are having different specifications and qualifications to show and to move on,” Hagan said.

One of Hagan’s horses in the show, HS Daydream Heads Up, won the American Saddlebred Breeders Hall of Fame award for Horse of the Year in 2021. Hagan said he won the Three-Gaited World Grand Championship with HS Daydream Heads Up two years ago. Last year, the horse-rider duo won the Fine Harness World Grand Championship as well.

Those classes are two of the three most difficult classes to win and the most prestigious classes at the World Championship Horse Show, Hagan said. As an amateur, he won against professional trainers in the classes.

“That was the first time in history that an amateur breeder/rider-driver have won those two classes on a horse that they bred and raised,” Hagan said.

Along with showing his horses, Hagan has a passion for breeding Saddlebreds. Hagan Saddlebreds, the name of Hagan’s horse business, raises 15 to 30 foals every year, according to its website.

Hagan said he has broodmares on farms in Carlisle, Kentucky, and Columbia, Missouri. His performance horses and horses in training are at operations in Simpsonville and Versailles, Kentucky, as well as in Ohio and North Carolina.

One of Hagan’s horses in the show, HS Daydream Heads Up, won the American Saddlebred Breeders Hall of Fame award for Horse of the Year in 2021.

In 2021, he was inducted into the American Saddlebred Breeders Hall of Fame, and in 2017, he was named the American Saddlebred Horse Association (now known as the American Saddlebred Horse & Breeders Association) Breeder of the Year.

“I really enjoy showing horses, but my deepest satisfaction is in a very deep knowledge of pedigrees and breeding these horses,” Hagan said.

Hagan was first introduced to the Saddlebred industry in the early 1960s when his family moved to North Middletown, Kentucky, a press release said. In the small town known for its Saddlebreds, his family met Buford Hall, a North Middletown resident in the American Saddlebred business. Hall was hired to teach Scott and his brother Terry how to ride, gait and show Saddlebreds, the release continued.

In the 1970s, Hagan’s parents help start the North Middletown Horse Show with the help of Bill Munford, the legendary manager of the World Championship Horse Show. In their youth, the Hagan brothers showed their horses on the Central Kentucky Horse Show circuit. Scott Hagan also worked with Earl Curtis, Rae Deane Stone and Arthur Hancock at Stone Farm, whose Gato del Sol won the 1982 Kentucky Derby.

Louisville-based Hagan Properties was founded in 1991. It develops luxury multifamily communities, build-to-rent single-family communities, shopping centers and self-storage facilities. A press release said the company typically has about $100 million worth of projects under construction.

The fair began Aug. 18 and will run through Sunday, Aug. 28, at the Kentucky Exposition Center, 937 Phillips Lane. The World Championship Horse Show will wrap up on Saturday, Aug. 27.

High-end retailer to open in Shelbyville Road Plaza

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By Eleanor Tolbert  – Reporter, Louisville Business First
July 27, 2022 Updated July 27, 2022 11:33 am EDT

A new-to-market, health-conscious chain will be opening soon in two popular shopping centers.

Playa Bowls, based in New Jersey, is a fast-casual restaurant that will be opening in the Shelbyville Road Plaza and Middletown Station. Sarah Cook Thiess and Brett Thiess are the local operators of the restaurants.

In a recent interview, Sarah Cook Thiess said the company specializes in bowls containing superfoods like acai, pitaya, chia pudding and more. Customers can also choose between a variety of toppings like fruit, nuts, granola and nut butters. Playa Bowls serves smoothies and juices as well.

“There are no artificial flavors. There are no syrups,” Thiess said. “There are no sugars being added to anything. We actually reduce the sugar level in many ways with all the fresh fruit.”

Both shopping centers are owned by Hagan Properties. The first location to open will be in the Shelbyville Road Plaza. The restaurant is taking up the approximately 1,900-square-foot former Murphy’s Camera, it the target opening date is in the end of 2022.

The second location is a new construction project in Middletown Station. The develope ris building a two-tenant building in the shopping center, with Playa Bowls taking up one of the spaces. That’s anticipated to open in the spring of 2023.

The general contractor on both projects is local firm Churchill McGee. Thiess declined to disclose the investment into the new restaurants.

Thiess said she wanted to bring Playa Bowl to Louisville because it’s one of her favorites when she’s traveling.

“I became familiar with them while traveling to places like West Hartford, Connecticut, and out to Scottsdale, Arizona, where they have locations,” Thiess said. “And every time I would go, I was like, ‘This is amazing’ … I would eat there at least once a day during my visit, which sounds crazy, but it is because there are so many options.”

St. Matthews and Middletown seem like the right fit for Playa Bowl because of the other healthy food options in the area, Thiess said. Specifically with Shelbyville Road Plaza, she said Trader Joes, CycleBar, as well as other gyms and Whole Foods nearby, will complement the new business.

This is a new venture for Thiess. Prior to this, she’s served in several positions at Humana for about 14 years. She said operating a franchise pulls in all the pieces of her passions and past experiences into one role.

If she had to summarize her career, she said the first half was spent in project and portfolio management, and the last half were spent devising different strategies within health care.

“I’ve always enjoyed marrying those two worlds,” Thiess said. “And that’s what this does, between overseeing a really huge project, and building relationships within the community, as well as within your own business team. But also having to create a strategy about what the right timing is for everything.”

Playa Bowls was founded by Rob Giuliani and Abby Taylor in 2014. It now has over 150 locations.