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Lexington City Unveils $5.5 Million Park Renovation Plan

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Concept of a revitalized park in Lexington with children and families enjoying the space.

News Summary

Lexington is transforming an old water plant into a dynamic park with a $5.5 million renovation plan. This revitalization aims to connect the community and enhance the area’s charm, providing new recreational spaces for families and visitors. The project includes relocating parks department staff and creating connections to existing parks. With funding from impact fees and a commitment to preserving history, Lexington’s vision for the park promises to enrich community life.

Lexington City Sparkles with Exciting $5.5 Million Park Renovation Plan

Lexington is set to make waves with its exciting plans to transform an old water plant into a vibrant new park! Situated at 503 S. Lake Drive, this property has been mostly left to its own devices, showcasing a charming yet rundown two-story red brick building along with a few dilapidated structures. But all of that is about to change as town officials propose a spending spree of $5.5 million to renovate this underutilized site.

Connecting Community and Nature

This 3.5-acre property holds a prime location, creating a key connection between downtown Lexington and Interstate 20. With a growing population of approximately 25,000, Lexington has been experiencing a delightful revival, thanks to new restaurants, breweries, and even an amphitheater that has become a hub for residents and visitors alike.

The ambitious renovation plan not only aims to breathe new life into the old water plant but also seeks to relocate all parks department staff to this new headquarters. Imagine a gorgeous new park where families can gather, kids can play, and friends can unwind—all while stepping into a space that pays homage to the town’s history!

Reviving History while Enhancing Community Spaces

The journey towards this exciting makeover began back in 2020 when discussions regarding park plans first bubbled to the surface alongside the implementation of the impact fee. As the dust settled, the town also aims to preserve the historic beauty of the water plant by giving it a new purpose. The renovation will create better connections between the town’s existing parks, such as Virginia Hylton Park and Gibson Pond Park, enriching community life in the area.

Let’s not forget that this old water plant has a rich history! It actively served the community from the mid-1920s until it was closed in 2002. The town purchased it way back in November 1925 for a mere $5, which translates to about $88 today. It’s wonderful to see that such an old gem is getting the attention it deserves!

Funding and Future Prospects

The town currently has access to over $2.1 million in impact fees specifically earmarked for parks and recreation. Additionally, there is a whopping $9 million set aside for municipal facility upgrades, which could dramatically support the renovations of the water plant. The proposed funding for this project could gradually be utilized over a five-year period from 2027 to 2029, ensuring a well-thought-out implementation that invites community feedback and engagement.

The vision shared by the town council is to create a stunning welcome center for the parks and recreation department—serving as a hub of excitement for all outdoor activities and events! This forward-thinking initiative follows the successful completion of a $9.8 million renovation of Virginia Hylton Park that was partly funded by the same impact fees, demonstrating the positive impact of these funds on community development.

Growing with Purpose

It’s inspiring to see how the collected impact fees are meant to bolster infrastructure projects in Lexington without the burden of increasing local taxes. This ensures the town maintains its momentum of growth, further enhancing its charm and inviting new residents and visitors alike. The busy location of the property, with an average of 23,800 vehicles passing by each day in 2023, showcases its potential to thrive as a community focal point.

As Lexington moves forward with these exciting renovation plans for the old water plant, the community can look forward to a park that not only honors the past but also embraces a bright and vibrant future. Who knows what amazing memories will be created in this brand new space?

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Additional Resources

Lexington City Unveils $5.5 Million Park Renovation Plan

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