Monday, May 4, 2009

Lexington Urban Infill

Urban infill in Lexington
Innovative projects give old downtown buildings new life
By Tanya J. Tyler
The buzzword for downtown these days is “infill” – projects that create new and innovative living spaces out of older buildings that otherwise might have been demolished.
Today HomeSeller looks at four exciting and diverse Lexington infill projects.
CAMPBELL HAGERMAN FLATS
At 441 West Second Street, a former classroom building for a now-closed women’s college is finding new life.
Campbell Hagerman Flats will have five condominiums, one on each floor, said developer/renovator Michael Satterly. He is buying one floor himself and fixing up the others.
“I invested in a building two doors down (from 441) that I bought right out of college in 1984,” Satterly said. “This building had been sitting vacant for the past 15 years. It saddened me to see it in a state of disrepair. I’d been talking to the owners and trying to come up with a way that I could purchase it, and finally we came up with something that worked.”......

http://www.kentucky.com/985/story/669560.html

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