University of Kentucky Breaks Ground on $34M Mixed-Use Parking, Innovation Center

LEXINGTON, KY – The University of Kentucky (UK) and Signet Real Estate Group have broken ground on a mixed-use parking facility in Lexington that includes over 900 new parking spaces and over 23,000 square feet of innovation and retail space that will revitalize one of the main corridors into the UK campus.

University of Kentucky Mixed-Use 500

The P3 (public-private partnership) project is the first step in accomplishing UK’s vision of transforming this critical entrance to campus into a hub for innovation that will better serve the needs of students, faculty, staff, and the community. The university anticipates that the project will anchor its programs in applied technology and creative development within a larger “innovation district,” where UK will partner with the City of Lexington to invest in the adaptive re-use and re-imagination of this historic area.

The ground floor of this mixed-use facility will house the innovation center and retail components. Plans for the university’s innovation center, which will serve students, the UK campus, and the greater Lexington community, are underway and may include application development, technology partnerships, design thinking studio space, and e-sports initiative components. The innovation center and retail area will be managed in partnership between Signet and UK, and the parking will be managed as part of UK’s campus operations.

The project is due to be completed by Fall 2020.

Featured

  • DFW-Area District Opens New Replacement Middle School

    The Eagle Mountain-Saginaw Independent School District near Fort Worth, Texas, recently held a ribbon-cutting ceremony for a new replacement middle school campus, according to a news release. The new facility for Wayside Middle School, originally established in 1964, was built on the site of the former district administration building and funded through Bond Proposition A in 2023.

  • Full Sail University Announces First Student Housing Facility

    Full Sail University in Winter Park, Fla., recently announced that development has begun on its first student housing community, according to a news release. The university is partnering with Nvision Development for construction and long-term management of the facility, which will stand five stories and have the capacity for more than 570 beds.

  • California School District Completes Elementary School Modernization

    The San Diego Unified School District in San Diego, Calif., recently held a ribbon-cutting for a whole-site modernization of Pacific Beach Elementary School, according to local news. The school first opened with one building in 1930 and added six more between 1938 and 1957.

  • Minnesota Middle School Finishes $23.5M Addition and Modernization

    Highland Park Middle School in St. Paul, Minn., recently announced the completion of a $23.5-million addition and remodel project, according to a news release. Saint Paul Public Schools partnered with ATS&R Planners, Architects & Engineers for its design and Kraus-Anderson for its construction.