Branch Properties Purchases Louisville Mid City Mall

The 12-acre site on Bardstown Road is slated for a $60 million retail redevelopment.

Updated on Oct. 30, 2026 in Openings & Closings

Wide view of a mid-sized retail shopping center with brick buildings and mature trees under afternoon light. — Branch Properties has acquired the 12-acre Mid City Mall site in Louisville, planning a $60 million retail redevelopment project by 2028. AI Illustration. Upload story photo >

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Branch Properties has officially acquired the Mid City Mall property in Louisville following a real estate transaction that closed on October 29, 2026. The developer plans to transform the site into a new retail center known as Mid City Market.

Why it matters

This $60 million investment signals a major shift for the Bardstown Road corridor as the site transitions from a legacy mall into a modern retail hub anchored by a new Publix supermarket. The project aims to integrate more green space and pedestrian-friendly infrastructure into the neighborhood.

The new project spans nearly 12 acres and will feature a 54,948-square-foot Publix supermarket alongside a 3,200-square-foot liquor store. The redevelopment plan also mandates a 25% reduction in total parking spaces at the site.

The players

Branch Properties

Branch Properties is an Atlanta-based real estate investment firm that specializes in the acquisition and redevelopment of retail shopping centers.

Publix

Publix is a prominent supermarket chain that is expanding its footprint in the Kentucky market with this new location.

The details

The development plan for Mid City Market includes the construction of five new buildings while maintaining the existing Heine Brothers Coffee and Raising Cane's locations. The facility will create 150 jobs upon its expected completion in 2028.

The property entered the market for sale during 2024.
The official sale of the mall property closed on October 29, 2026.
The new development is expected to open in 2028.

Market Landscape

The project follows a national industry pattern of repurposing large, underutilized shopping malls into smaller, walkable mixed-use retail centers. This transition reflects a broader shift by developers to prioritize higher-density retail layouts over the expansive parking lots characteristic of mid-century malls.

Local shoppers can expect a change in site access, as the redevelopment will reduce total parking capacity by 25%. However, residents will gain access to a new grocery option and increased pedestrian-friendly green spaces once the market opens in 2028.

The takeaway

This development represents a significant modernization of one of Louisville's established commercial corridors. Residents should anticipate construction activity on the Bardstown Road property leading up to the 2028 projected opening date.