Skip to main content
Add as a preferred source on Google

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

  • 09/11/19

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

  • Wisconsin District Breaks Ground on New Elementary School

    The School District of La Crosse in La Crosse, Wis., recently broke ground on a new elementary school that will consolidate the students and staff of two existing schools, according to local news. Funding for the school comes from a $53-million referendum approved in 2024.

  • Higher Ed is Betting on New Buildings While Quietly Undermining Their Campuses — Here’s Why

    In this climate, the owner’s representative has changed from a delivery-focused advisor to a strategic campus partner. Institutions are increasingly relying on owner’s reps not just to manage, cope, schedule, and budget, but also help evaluate whether a project should proceed at all.

  • University of Oklahoma Announces New Campus Master Plan

    The University of Oklahoma in Norman, Okla., recently announced that it will soon launch a new, comprehensive Campus Master Plan to guide the campus’ physical development during the next decade, according to a news release.

  • Campus Safety Requires Using Every Resource Available

    Across the U.S., school and campus leaders are facing a security landscape that has changed dramatically over the past decade. Incidents on school property have increased in recent years, with several consecutive years setting record totals. According to analysis of data by CNN, dozens of shootings now occur on school grounds annually across K-12 and higher education environments.