City of Lexington demands developers fill in CentrePointe site

LEXINGTON, Ky. (WTVQ) – The City of Lexington sent a letter Tuesday to the Webb Companies demanding that the developers fill-in the CentrePointe site because little to no work has been done there for several weeks.

In the letter, Mason Miller, a lawyer for the city, cited a December 2013 agreement signed by CentrePointe developers and the city that says that if there was no work done on the site for 60 consecutive days, the developers would fill it in.

Dudley Webb of the Webb Companies told the Lexington Herald-Leader that there has been work on the site over the past 60-days.  He denied that developers weren’t in compliance with the December 2013 agreement with the city.
Webb told the newspaper that he was shocked the city had taken such a drastic step and that he planned to talk to city officials to see if the two sides could come to an agreement.

The building site has been excavated for a proposed three-story underground parking garage.  The CentrePointe development is designed to include a hotel, restaurant, office tower, apartment building and retail space.

Buildings on the block were torn down in 2008 to make way for the CentrePointe development.  Construction on the underground garage didn’t begin until late 2013.

Dudley Webb told the newspaper that a major announcement was expected in the coming weeks about a bond buyer that would allow work to resume on the underground garage.

Categories: Local News, News

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