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Real Estate  Development

$10 million in Congressionally Directed Spending will help bolster Legacy Business Park

The new business park will have 23 lots + create ~1,700 jobs once completed.

April 9, 2024 • 
Molly Thompson
A map of Lexington showing where the Legacy Business Park will be.

The creation of Legacy Business Park aims to attract more businesses to LEX. | Map courtesy of Cushman & Wakefield Cincinnati

Speaking of parks, Mayor Linda Gorton announced that the city has received a $10 million grant for the its new Legacy Business Park.

Presented by US Representative Andy Barr, the grant was allotted through Congressionally Directed Spending, which allows members of Congress to request funding for specific projects.

The money will complete the necessary funding, ~$22.4 million, to finish the infrastructure for the multi-business development. Think: Roads, sewers, and sidewalks.

Located at Georgetown Road and I-75, the 200-acre business park was mentioned during Mayor Gorton’s State of the City and County Speech as a priority for economic + development goals.

“This new business park means jobs for our residents and tax revenue for our city,” said Mayor Gorton. She estimated that Legacy Business Park would create ~1,700 jobs + $2.9 million in annual tax revenue once completed.

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