Lexington Approves New Apartment Complexes and Retail Spaces to Transform Downtown Area

Lexington is set to undergo significant transformation with the approval of new apartment complexes and retail spaces in a burgeoning downtown area. Recently, the Urban County Planning Commission granted final approval for the development of two five-story apartment buildings at 262-272 Midland Avenue and 604-610 Winchester Road.

The proposed site, situated behind the former Lexington Herald-Leader building, was once home to the Lexington Cut Stone Marble and Tile Company. The Herald-Leader building is currently being renovated by the Fayette County Public School system to create a new technical school.

The developers, UCD Midland, plan to construct a total of 248 apartments across both buildings, which will feature ground-floor retail spaces. The primary entrance for the apartments will be located on Midland Avenue, with the smaller building nearest to the Fayette County educational property. The larger building will curve around the transition from Midland to Winchester Road.

The development will also include a shared-use path and a total of 270 parking spaces, some of which will be integrated on the first floor of the apartment structures. The Urban County Planning Commission unanimously voted to approve the necessary zone change for the property in April 2023, and Thursday marked the final sign-off on the project.

Planning Commissioner Bruce Nicol expressed optimism regarding the development, stating, “This seems like a wonderful development for this area.” The location is positioned strategically across from the MET, a Community Ventures project that combines retail and dining options with living spaces.

Future residents will find themselves within walking distance of National Avenue, renowned for its vibrant restaurant and bar scene. The development is part of a broader effort to revitalize downtown Lexington and enhance urban living options for its residents.

This comprehensive redevelopment effort reflects a growing demand for mixed-use properties that provide both housing and commercial opportunities in urban environments. The progress in this area signifies Lexington’s commitment to fostering community development while accommodating an expanding population.