Gray’s Financial Plan for Rupp Includes Repaying Coal Severance Money

Gray Pledges to Repay Coal Severance Money Previously Allotted by Legislature by Erik A. Carlson, 3.25.14, BizLex.com Lexington, KY – After vowing to fight to restore proposed funding to the planned Rupp Arena District, Mayor Jim Gray has said the plan to renovate the venerable arena and add arts and entertainment options to Lexington’s downtown […]

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Local Option Sales Tax Loses Steam

Local Option Sales Tax Bill Looks Dead by Gregory A. Hall, 3.25.14, The Courier-Journal Fischer said, however, he was happy with the progress made on the issue this year. “We’ve come so incredibly far on this from when the session started,” Fischer said. “Obviously people never thought we’d be at this stage and time is […]

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Money for Rupp Not in State Budget

State budget doesn’t include Rupp renovation money; Mayor Gray says it’s not over by Beth Musgrave, 3.24.14, Kentucky.com The Republican-controlled Senate did not include $65 million for the renovation of Rupp Arena and expansion of an attached convention center in its budget. The Senate voted 25-2 on Monday approved a two-year, $20 billion budget. Eleven […]

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Tax Bill for Financing Rupp Clears State House

Tax for Rupp renovations clears House panel, but some council members still have questions by John Cheves and Beth Musgrave, 3.19.14, Kentucky.com FRANKFORT — At the urging of Lexington Mayor Jim Gray, a House committee on Wednesday unanimously passed a bill to let the city increase its hotel tax to help pay for the renovation […]

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Development Trend: Neighborhood Farms

Farm-to-Table Living Takes Root by Kate Murphy, 03.11.14, NYTimes.com GILBERT, Ariz. — In many American suburbs, outward signs of life are limited to the blue glow of television screens flickering behind energy-efficient windows. But in a subdivision of this bedroom community outside Phoenix, amid precision-cut lawns and Craftsman-style homes, lambs caper in common green areas, […]

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Sign Up for Warning Texts about CentrePointes Blasting Times

CentrePointe Blasting  03.06.14, Lexingtonky.gov Blasting for the construction of the 700 space underground parking garage for the CentrePointe Development will begin on March 17, 2014 and continue for several weeks. State law requires a horn notification system to sound and traffic to shut down five minutes prior to the blast. Each stoppage is expected to […]

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City Seeks to Raise Hotel Tax to Fund Rupp Renovation

City wants to increase hotel tax for Rupp project; UK confirms support by Beth Musgrave, 3.5.14, Kentucky.com The city of Lexington wants the state legislature to give it authority to raise taxes on hotel and motel rooms by 2.5 percentage points to help pay for a proposed $310 million renovation of Rupp Arena and the […]

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Krikorian Developer Strikes Deal for Lot on High Across from Rupp Arena

Deal Struck for Downtown Movie Theater Across Street from Previously Announced Theater by Erik A. Carlson, 3.5.15, BizLex.com Lexington, KY – California movie theater developer George Krikorian is planning to build an 11-screen movie theater in downtown Lexington, directly across Broadway from the site of another planned movie theater. Krikorian finalized an agreement with Robert […]

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Krikorian Coming to Location Across from Proposed IMAX

Calif. developer to build multiplex theater on Broadway, across from proposed IMAX by Beth Musgrave, 3.5.14, Kentucky.com A Los Angeles theater group will begin construction this summer on a multiplex theater at the corner of South Broadway and High Street. The location is directly across the street from a proposed site for an IMAX theater […]

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Concerns Surround IMAX’s Proposed Placement in a Historic Neighborhood

Tom Eblen: ‘Coming attractions’ could turn tragic if IMAX is allowed in historic neighborhood by Tom Eblen, 03.1.14, Kentucky.com The good news is that a proposed 10-theater IMAX movie and restaurant complex would be a great addition to downtown Lexington. The bad news is that the developer wants to build it in the wrong place. […]

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