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Proposed apartments near UK clears first hurdle

The $50 million complex would be built along East Maxwell Street near UK’s campus.

A screenshot of a map indicating where the new apartment complex would be built.

The 250-unit would feature also include townhouses along Stone Avenue, with apartments above them. | Map via Google Maps

The Lexington Urban County Planning Commission recently approved a zone change that could open the door to a new apartment complex on East Maxwell Street.

The zone change would take a stretch of East Maxwell Street and Stone Avenue from an R-4 (medium-density residential) zone to a B-2 (general business district) zone. If approved by the Lexington-Fayette Urban County Council, it could lead to a proposed six-story apartment building.

According to the Lexington Herald-Leader, the $50 million complex would feature:

  • 250 units
  • 700 bedrooms
  • 175-car parking garage, as well as an off-site lot
  • Interior courtyards

This is the second time in the last few years a developer has attempted to transform this corner of East Maxwell, but neighbors have raised concerns about preserving the neighborhood’s historic homes.

There is no date set for when the Lexington-Fayette Urban County Council will vote on the amendment.

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