WKYT - Lexington - Headlines

Council approves Centrepointe agreement

By: Tim Johnston Email
By: Tim Johnston Email

LEXINGTON, Ky. (WKYT) - It's been several years, and many designs, but now the Centrepointe project is taking a step forward and it looks to be a positive move for Lexington.

"I think definitely we should be popping bottles on the Centrepointe block," laughed Councilmember Shevawn Akers.

At the Urban County Council meeting a measure passed unanimously, to reach an agreement with the developers allowing them to start working. In return, the developers will also have to set aside money, which reassures Lexington that should the project stall, the developers will restore the block to the current, grassy condition.

"There's still probably in a lot of people's minds that 'I'll believe it when I see it,' and certainly everybody has a right to that opinion," said Akers.

"People have strong feelings about Centrepointe, but I think it's going to be good for Downtown Lexington in a lot of ways," added Councilmember Diane Lawless, who represents the district that Centrepointe sits in.

Mayor Jim Gray said in a statement, "We have an agreement today that allows the project to move forward. We are hopeful this project will bring jobs to the city."

This move is progress on a project that has been met with many challenges.

"I'm excited that something is going to be going in, and I think it'll be good for some very good tenants with very high paying jobs," expressed Lawless.

"Hopefully within the next ten days, by Christmas, maybe we'll have a Christmas present of Centrepointe," grinned Akers.

The council approved the resolution on the first reading after Lawless moved to suspend the council rules and take the matter straight to approval. Akers seconded the motion and the rest of the council supported the idea.

"No matter what happens we won't be left with a big hole in the ground," explained Lawless.

While many have come to know Centrepointe for the grassy field in the middle of town, Akers said this is a move that has long been expected and offers a lot for the city.

"I think it's time now that we start seeing the revenues that the city deserves from this piece of prime property," she said.

So now the machinery that was once there, and then quickly removed in November, should soon be back and put to use.

The Mayor also said it's his responsibility to encourage job creation, but also protect the city, which is why this agreement should allow the developer to begin the excavation for the three-story underground parking garage.


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