Pepper Rendering with LDDTitle

·   25-acre project in former industrial (tobacco, bourbon) corridor of west downtown Lexington.

·   Less than a quarter mile to Lexington Civic Center and Central Business District.

·   300,000 SF of distillery structures includes first registered distillery in Bluegrass (1866 Old Tarr) and last to produce in Lexington--6.5 acre Pepper Distillery (Nat. Register expected by Feb. ’09).

·   Project tied together by Town Branch Creek, waterway responsible for siting of city & later the distilleries.  Also basis of Lexington’s first urban greenway--the Town Branch Trail.

·   Historic buildings, horses and bourbon are largest tourism generators for Kentucky (letter of LDD support from Lexington Convention & Visitors Bureau).

·   LDD project now working to serve as eastern driver for the Bourbon Trail.  Barrel House Bourbon preparing to come online at Pepper Distillery (in the barrel house, of course).

·   Three-phase, $190 million project, including $81 million of Tax Increment Financing (TIF) to assist with reclamation of blighted area.

·   Manchester piece of Newtown Pike Extension to include signature bridge over Town Branch Trail next to Old Tarr Distillery.  Originally final phase of project, moved to first in response to 2010 Games.

·   2010 Alltech FEI World Equestrian Games being held in Lexington—first time outside Europe and largest equestrian event ever to take place in United States.  Considered the Olympics of the equestrian world, it is expected to bring 600,000 visitors to Lexington. 

·   Two-minute drive to University of Kentucky campus (less than a mile as the crow flies) and nearby $450 million medical expansion.

·   Distillery District feasibility and economic/TIF analysis performed by CH Johnson Consulting of Chicago.

·   LDD overview contains historic tidbits, land use maps, cultural framework, development quantities, and cost phasing.

DD Logo 11-07

 

 

Lexington Distillery District

1200 Manchester Street

Lexington, Kentucky 40504

barry@lexingtondistillerydistrict.com