DevelopLex

DevelopLex DevelopLex dives into the ins & outs of real estate development and investing here in Lexington, Kentucky.

09/01/2026

It’s almost football time in the Bluegrass!!

1999 Boxes were recently renovated to increase revenue for champions, Blue, LLC, the private arm of UK Athletics.

It’s a party, it’s a party!!!

We all know you wanted this list.

08/25/2026

Who is going to tell them the CVG airport isn’t in Ohio and Ohio drivers probably forget to change oil like they forget turn signals?

08/23/2026

Camel Club is designed for the full human experience. Thought for how the spaces would shape your ability to connect with others was a focus. Beyond interior finishes and operations, the experience design is what you will feel walking in.

👉👉👉 Check out the history of the PROOF Fitness space in Downtown location, that was just announced to be acquired by YMC...
08/21/2026

👉👉👉 Check out the history of the PROOF Fitness space in Downtown location, that was just announced to be acquired by YMCA of Central Kentucky

Downtown is the most walkable area in Lexington making it one of the healthiest places to live and work, the swim and gym amenities through the years have evolved but always been present.

On and off street parking facilites add to the downtown live + work vibrancy. Most of the structured parking garages in Lexington like other cities, need public support to get built.

The space on top of the garage has transformed brands through the year but always served the downtown health conscious clientele.

YMCA of Central Kentucky is more than swim & gym creating spaces to advance your spirit, mind and body.

The Y is a fixture in downtown and proud you are staying!

08/20/2026

Before TheWyatt, 524, 525 and the other apartments… Did you know Angliana was almost a entertainment district that would have connected to Downtown? The former to***co market and warehouses, Alltech Brewing and the corner near Broadway had plans to be developed by the same gentleman behind LexLive.

08/19/2026

Drop MAP in the comments to get Ross L. Boggess Broker & Developer for Carto Commercial’s complete map of all the development projects in Lexington!

08/12/2026

Earlier this year we stopped by the fountains at Palomar for the grand opening of Bank of the Bluegrass’ newest location at Harrodsburg Rd & Man O’ War.

We asked their team a simple question: what actually happens when a local deposit goes into a local bank?
Their answer: the money stays in Lexington. It gets lent out in Lexington. It funds the small businesses and real estate projects growing right here.

The bank where your money stays and gets put to work growing the community!

08/10/2026

Kentucky’s historic preservation tax credit returns 20% of qualified rehab expenses on commercial and income producing properties; 30% on owner occupied residential. With the federal credit means on the right building you’re looking at 40% of qualified cost coming back as dollar-for-dollar credit.

08/07/2026

If the walls could speak at The Ashbrook Hotel hotel! Tyler Bromagen shares about the first tour of EH Taylor’s former residence that has now been restored, in part, with Historic Tax Credits in the DevelopLex Podcast.

08/06/2026

Before FCPS budget comments flood in… Rise STEM Academy for Girls has been temporarily occupying the former Linlee School building that has been surplussed as new facility comes online. State requirements of acreage needed for schools make site selection difficult for schools. Facility rotation is a by new construction and surplus sales are regular parts of district plans.

The new building has been under construction since 2023. Demolishing the historic home, shed, and garage. Bricks were exported for reclamation.

Site was sold by Lexington developer who previously used the in-town farm as a residence.

Designs and property lines were discovered to be misaligned and reworking designs and on-site improvements to date of discovery posed a difficult and costly position to move through.

It takes a village.

Think your site selection assaignments are difficult? Ponder where the next school can go to replace existing facilites.

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Lexington, KY

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