CenterCourt is a mixed-use development being constructed along South Upper at Avenue of Champions and Bolivar Street in Lexington, Kentucky

Lexington, Kentucky

Lexington is the second-largest city in Kentucky and the 63rd largest in the US. Known as the "Thoroughbred City" and the "Horse Capital of the World", it is located in the heart of Kentucky's Bluegrass region...

 within the College Town

College town

A college town or university town is a community which is dominated by its university population...

 district. It is one block from the University of Kentucky

University of Kentucky

The University of Kentucky, also known as UK, is a public co-educational university and is one of the state's two land-grant universities, located in Lexington, Kentucky...

 and several blocks from Rupp Arena

Rupp Arena

Rupp Arena is an arena located in downtown Lexington, Kentucky, U.S. Since its opening in 1976, it has been the centerpiece of Lexington Center, a convention and shopping facility owned by an arm of the Lexington-Fayette Urban County Government, and serves as home court to the University of...

and downtown.

History

On September 29, 2005, ground was broken for CenterCourt, the first venture within Lexington under a new mixed-use zoning ordinance. The project envisioned includes lofts, condominiums, town homes, and retail and dining establishments. Prices for the residences range from $130,000 to $300,000 and is geared towards "baby boomers, professionals, professors, and students."

Phase I of construction includes the four floor mixed-use structure fronting South Upper that features 76 residential condominiums and five retail vendors. A five level parking structure was constructed in the rear. Phase II of construction entails the construction of an additional 80 condominiums.