Blue Equity, LLC
With offices in Jamaica, Mexico, Florida and New York, and an international portfolio of companies in sectors ranging from oil and gas to media and defense, the efforts of Blue Equity, LLC aren’t always visible from the company’s headquarters in downtown Louisville. While the private equity firm does have several holdings in Louisville, many of its largest transactions have taken place overseas. In 2012, however, Blue Equity engaged in a transaction that will have a significant and long-term impact on the region. The firm sold a 34.5 acre parcel of land to the Department of Veterans Affairs. This land, formerly known as “The Midlands,” will serve as the site for a new state-of-the-art VA hospital, adding yet another world-class healthcare facility to Louisville.
The new VA medical facility, which will serve an estimated 65,000 veterans each year from all over the region, is expected to have a positive economic impact on the city. The one million square foot facility will have an estimated total project cost approaching $1 billion. The complex will allow for significant increases in the quality of care provided to veterans, and will continue Louisville’s progress towards becoming a leading healthcare hub. The master planning phase for the new facility is already underway, and the project is expected to be completed by 2018.
Wyatt represents Blue Equity, LLC in various corporate, real estate and zoning matters, and served as counsel to Blue Equity in its sale of the Midlands property to the Department of Veterans Affairs.