Big Four Bridge, but was postponed to Phase III due to a redesign related to geotechnical and flood control issues. Phase III - Construction (2005-2012) Phase III construction began in late spring of 2005, to add 13 acres (53,000 m²) and include the conversion of the former Big Four Railroad bridge going between the park and Jeffersonville, Indiana's waterfront park into a pedestrian bridge. This phase of development cost roughly $41 million. It also included the announcement to develop Riverview Park and RiverPark Place by Poe Development and WDC. The Lincoln Memorial was completed in 2009 and the Big Four Lawn opened in 2010. In February 2011, Kentucky Governor Steve Beshear and Indiana Gov. Mitch Daniels announced that the two states, along with the City of Jeffersonville, will allocate $22 million in funding to complete the Big Four Bridge project, creating a pedestrian and bicycle path to link Louisville and Jeffersonville. Indiana spent $8 million and the City of Jeffersonville provided $2 million in matching dollars to pay for construction of a ramp to the Big Four Bridge. Kentucky is pledged $12 million to replace the deck on the bridge and connect it to the spiral ramp that had been completed in Waterfront Park. The bridge was completed in May 2014 with the opening of the Jeffersonville ramp. Phase IV Phase IV of development for Waterfront Park is a proposed $35 million investment to expand the park 22 acres uniting downtown and West Louisville along the waterfront. Phase IV land lies west of Louisville’s principal wharf and harbor area at Fourth Street. Largely neglected, it sits beneath the I‐64 Interstate Highway. Phase IV will celebrate the rich local history and heritage of the area. The site was the location of Louisville’s first frontier fortress, Fort on Shore, and later a heavy industrial site. In the first componene of Phase IV, Waterfront park and Kentucky Science Center have partnered to create an outdoor experiential learning area called Playworks at Waterfront Park. The new area will include creative play structures and various interactive displays featuring various artifacts to celebrate and teach the waterfront's history. Concept design for Playworks at Waterfront park was finalized in 2018, and construction is anticipated to be completed near the beginning of 2024. Features Each year the park is features numerous exciting events such as Thunder Over Louisville, Forecastle Festival, WFPK Waterfront Wednesdays, Fridays at the Front, Fourth