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Owensboro approves purchase and redevelopment deal for former juvenile-justice site at Highway 54
Summary
The city approved a municipal order to acquire the former juvenile-justice property at 3001 Highway 54 and transfer it to 54 Grand LLC; the commission also approved a standard incentive rebate (75% of incremental general-fund ad valorem revenue for five years, extendable to eight years if investment exceeds $50 million).
The Owensboro Board of Commissioners authorized the acquisition and transfer of the former state juvenile-justice site at 3001 Highway 54 and approved an incentive package for the developer on Sept. 16, 2025.
City Manager Nate Pagan said the site had been vacant for…
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