LOUISVILLE, Ky. (WDRB) -- An empty eyesore sitting vacant on Louisville's waterfront for years will finally be shown to potential new tenants next week.

A long list of things were brought up the Waterfront Development Corporation Board's final meeting of the year Wednesday afternoon, but the fate of the old Doc's Cantina building wasn't one of them.

The building that has been empty since the fall of 2016, when the restaurant abruptly closed.

"What has occurred, which is very positive, is that we have severed a relationship with the lease holder,” said David Karem, president of the Waterfront Development Corporation.

That lease holder, Falls City Hospitality Group, served as operator of the space until its lease was terminated last month. The deal let the group end its association with the site and send $110,000 to the Waterfront Development Corp.

The property itself is owned by the Waterfront Agency, but the building is owned by Waterweed LLC.

"That has been a very critical piece to get this whole thing, in essence, back on the market where we can really begin to talk to serious people who want to operate in that site,” Karem said.

Waterfront officials had a meeting with Waterweed LLC. earlier this week where they learned names of interested parties. Karem said another meeting is scheduled for Thursday to explore more names. He can't release those names but said the agency is over a big hurdle.

"So we'll be able next week to be in a situation where we can begin taking people through the building,” Karem said.

That’s something that hasn’t happened in some time and is a sign of progress when it comes to the drawn out process of finding a tenant to fill the space.

Louisville Mayor Greg Fischer has high hopes for site on the Waterfront, calling it one of the best in Louisville.

"I'm hoping that we can find a concept that goes in there that will draw people to what already is increasingly popular, and that's the whole Waterfront Park area,” Fischer said.

Fischer also had a message for anyone considering the space.  

"Whoever comes in there has got to bring their game,” Fischer said. “Because, you know, the food scene that we've got going on in our city is as good as anywhere in the world."

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