Identify catalytic redevelopment opportunities to proactively rezone properties, clear regulatory hurdles, and expedite redevelopment in key areas that will ignite further economic growth.
Previous small area plans, which contained future land use recommendations, have been critical to facilitating future development in those locations. Recommendations in the South Nicholasville Road Small Area Plan led the way for The Summit at Fritz Farm, an area that had been the subject of numerous failed zone change attempts in the past. While in the Winburn- Russell Cave Small Area Plan, specific recommendations for public improvements were immediately implemented through Urban County Council action, approving funds for constructing the completion of Winburn Drive to Citation Boulevard.
Looking forward, as the planned corridor studies that are a major component of Imagine Lexington are completed, property owners interested in implementing the recommendations should be afforded an opportunity to take part in a Planning Commission initiated Zone Map Amendment. Leveraging the partnerships forged during the study period, a government sponsored zone change that reflects the recommendations would expedite the land use changes needed along the respective corridors. If the City has a desired outcome in these areas, proactive measures should be taken to lay the groundwork for their implementation.
Taking steps to clear the path for future development can signal to the development community that there is substantial buy-in on the planned path forward, minimizing both the risk and cost associated with redevelopment projects. Part of the corridor study process would include engagement with the associated Urban County Councilmembers to ensure a broad overall desire to implement the plans.
- Work with the Planning Commission and Council to proactively pursue government-initiated zone changes recommended by corridor studies.