Town Branch Commons’ TIGER Grant Application
LFUCG Receives $14.1 Million TIGER Grant
Congratulations to the City for securing this crucial funding to move the Town Branch Linear Park project forward. Fayette Alliance is proud to have supported the grant application, and we look forward to continuing to work with the City to make the project a reality.
This significant investment in Lexington’s urban core will anchor the emerging park project, and transform how the city grows and functions into the future. Securing the grant is a critical step in makingTown Branch Commons a reality and presents an historic opportunity for Lexington.
The park will provide a well-programmed and much-needed greenspace that will make downtown an attractive place to live, work, and invest—drawing market forces inward and alleviating development pressure from our acclaimed Bluegrass farmland.
Read more about our position in support of Town Branch’s TIGER Grant application below.
In furtherance of our mission to grow our city and promote our farms, we support LFUCG’s Federal TIGER grant application for the Town Branch Linear Park.
If secured, the federal grant will combine with local matching funds to finance transportation infrastructure for Town Branch. This significant investment in Lexington’s urban core will propel the emerging park project forward, transforming how the city grows and functions into the future.
Lexington is not reinventing the wheel, and the transformative power of park and trail facilities has happened across the U.S. For example, in 2013, Indianapolis built a $63 million, eight-mile bike path connecting cultural districts, neighborhoods, and parks— with an economic impact of $864,599,000.
While Town Branch has promise, much work must be done…from building private sector support and implementing a strategic plan, to constructing and operating a feasible, first component of the linear park system. In particular, the initial phase of Town Branch is estimated to cost $75 million, of which $25 million is transportation infrastructure.
If feasibly implemented, the Town Branch Linear Park will catalytically anchor Lexington’s vibrant city-center, drawing market forces inward and alleviating development pressure from our acclaimed Bluegrass farmland. Securing the TIGER grant is an important step in making the Park a reality.
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