New CentrePointe Developers Given Another 30-Day Extension

Lexington gives new CentrePointe developers second 30-day extension

by Beth Musgrave, 1.11.16, Kentucky.com

Lexington officials have given the new developers of CentrePointe a second 30-day extension on an order to fill in the site. The city is waiting for a real-estate consultant’s report that will help the Urban County Government determine whether moving its offices to the proposed downtown development is a wise use of taxpayer dollars.

Mason Miller, a lawyer for the city, said the developers — Bridgeton Holdings of New York and Matt Collins of Lexington — were given a second 30-day extension on Jan. 5. The group can get a third 30-day extension after the current one runs out in early February.

In an email to the Urban County Council on Friday, Miller said the developers were given the extension because the city still needs the consultant’s report.

“Otherwise, there have been no further developments to report, and I anticipate we will have a much larger update for you once the consultant’s report has been completed,” Miller wrote…Read more at Kentucky.com

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