Fayette County has experienced energetic growth and is now home to more than 300,000 residents. The bustling economy has diversified from tobacco and manufacturing to include higher education, healthcare, construction, technology, financial services, advanced manufacturing, and energy. Surrounded by a world class landscape of iconic horse farms in the heart of Central Kentucky’s Bluegrass Region, Lexington’s cultural offerings and quality of life have made it a remarkable place to live, work, and play.
Downtown Lexington stands at the center of an “educational triangle”: The 800 acre University of Kentucky campus is a five minute walk from the city center; a private university, Transylvania University lies just to the north; and Bluegrass Community and Technical College has campuses both to the north and south. Capital expansions underway at these three campuses surrounding the urban core are key drivers in the City’s upward investment momentum.
In recent years, Lexington has placed an emphasis on reinvesting in its downtown core. In anticipation of hosting the 2010 World Equestrian Games, a comprehensive streetscape improvement plan was implemented making the downtown a welcoming place to dine and gather for events. The local restaurant scene has blossomed with a wide variety of new eateries and bars throughout eleven distinct dining districts. The appeal of the downtown is further strengthened by the variety of urban housing choices including urban lofts and many affordable, diverse, historic neighborhoods surrounding downtown. A rising number of tech start-up companies have established themselves downtown, close to the talent pool of over 43,000 college students.
Downtown Lexington has become a diverse and dynamic university city that will only continue to grow and thrive. Over $1 billion of ongoing or pending investment is underway in the core of Lexington: plans are on the boards for new hotels, office buildings, residential projects and a new linear park along the historic path of the Town Branch creek in the downtown core.