September 2023
Lexington is seeing an increase in recognition and interest and continues to grow despite high construction costs.
Lexington’s $39 million Town Branch Park breaks ground downtown after nearly a decade of planning.
Mixed use construction project to be developed on 18-acres in downtown Lexington across from Rupp Arena. The new development is expected to feature residential, retail and hospitality, and office space.
New businesses to move into previously planned Navy Yard project location that fell through due to construction costs. New tenants will be operational in late 2023 and early 2024 at the intersection of West Main Street and North Church Street.
$39 million Manchester hotel, a 125 room boutique hotel opens in Lexington’s historic distillery district after years of planning and nearly 18 months of construction.
Lexington and Louisville move up on M25’s list of the best Midwest startup cities. The venture capital firm’s rankings take into account the startup environment, access to resources, and the business climate including the cost of living and labor costs.
Lexington votes on proposed expansion to add up to 5,000 acres to Lexington’s urban service boundary for the first time in nearly 27 years.
Toyota announces $591 million expansion and EV introduction at their Toyota Motor Manufacturing facility in Georgetown.
The University of Kentucky has been named to Forbes‘ 2023 Best Employers for New Graduates list, in an independent survey of over 20,000 students that looked at atmosphere and development, image, working conditions, salary and wage, workplace and diversity.
Lexington remains #34 on U.S. News & World Report’s Best Places to Live list ranking it the highest ranked city in Kentucky.
UK HealthCare to expand Chandler Medical Campus as part of the estimated $2.4 billion improvement and expansion projects being undertaken by the academic medical system over the next several years.
Neogen adding 70 jobs with $6M expansion in Lexington. The animal and food safety manufacturer plans to convert 20,000 sq. ft. of unutilized space into an IOS-8-level manufacturing space.
