Division of Webb Companies buys tract at Broadway and High near Rupp
by Beverly Fortune, 06.05.12, Kentucky.com
A highly visible property on the southeast corner of West High Street and South Broadway near the proposed Arena, Arts and Entertainment District has been bought by South Hill LLC, a division of The Webb Companies.
On the 1.3-acre tract are two parking lots, a historical house built in 1801, and a one-story office building.
South Hill LLC bought the property for $1.3 million from First United Methodist Church. The sale was finalized May 30
Developer Dudley Webb said his company has no immediate plans for the property. “The church wanted to sell. We felt it was a strategic location. We’ll wait and see what happens with proposals for Rupp Arena and the Lexington Center,” Webb said…Read more at Kentucky.com