Officials from Lexington’s Division of Planning presented a commercial corridor study on Euclid Avenue and South Limestone to the Urban County Council Tuesday.
Commissioned in 2014, the study examined the market conditions of the area, finding that there was an increased demand for small homes as well as a more walkable urban neighborhood. While not a small-area plan, the study recommends supporting neighborhood investment, as well as using agencies such as the Downtown Development Authority to create strategic opportunities for development. George Ward, Executive Director of the University of Kentucky’s Coldstream Research Campus, said UK was pleased with the study’s conclusions.
“We’re very hopeful that along the Euclid Corridor, it will provide good housing options for our graduate students as well as our younger faculty members. We’re also encouraged by having active living opportunities so close to campus, so it makes it walkable, makes it bikeable, and helps us manage our transportation demands on campus,” he said.
The study has been placed in the Planning and Public Safety Committee, so that council members can consider all of its recommendations. The full document can be found here.
