Commerce Lexington Project Services
Commerce Lexington Inc. is a nonprofit, public-private economic development partnership representing the Bluegrass Region. Commerce Lexington is conveniently located in downtown Lexington.
Listen to Jeri Smith of Galmont Consulting
share how pleased she is at how their company has been received in Lexington!
The professional staff is prepared to help client companies through:
Information Dissemination – provides information required by the decision maker to evaluate the Bluegrass Region as a business location. Our research staff can provide detailed information, statistics, and demographics on various site selection factors for the client’s review.
Coordination of Community Efforts – acts as a single source of information for the entire region. Commerce Lexington has a vast network of community and regional contacts we can access for our clients. The Commerce Lexington team will work to address individual concerns or requests from our clients.
Coordination of Area Visits – prepares, coordinates and completes follow-up for prospect team visits. Commerce Lexington will schedule meetings and site visits with property representatives, area companies and service providers to offer a complete overview of the Bluegrass Region. Our team serves as the client’s single point of contact through the entire project life cycle.
Coordination of Incentives – coordinates state and local incentive packages. Our economic development team will identify which incentives are the best fit for prospect companies and assist them with the incentive process from beginning to end.
Confidentiality – Commerce Lexington’s staff is committed to prospect confidentiality. All conversations, phone calls and information will be held confidential by Commerce Lexington.
Real Estate Review
Commerce Lexington maintains a real estate inventory system for the eight county region and will provide detailed site and building information based upon project criteria.
The Bluegrass offers a variety of settings suitable for most types of business operations. The eight county area has both rural, small town, and urban locations. Interstate highways and/or multi-lane highways connect all of the municipalities in the metropolitan area.
To search for available sites and buildings in our database, please click here. Our economic development team is also aware of "pocket" listings that may not be listed on websites. Please give us a call at (859) 254-4447 to learn more about the available buildings and sites in Central Kentucky.
Industrial and office sites are available throughout the metro area. In order for a site to be included in the inventory system it must be available for sale or lease and must have all utilities available. Asking prices for industrial property in the Bluegrass Region range from $10,000 to $500,000 per acre. Commerce Lexington will be pleased to provide detailed site information based on a project’s specific site requirement.
Lexington-Fayette Urban County Government has compiled a Developer's Handbook
that is intended to give developers a brief introduction to how the development review process generally unfolds. Hopefully, it will also provide at least a glimpse of what to expect in terms of opportunities and challenges. For those of you new to the Bluegrass – WELCOME! We hope that you stay, and help us grow proudly while preserving our rich urban and rural landscapes. For those of you that have been here for awhile - THANKS FOR STAYING!
The available building inventory in the Bluegrass Region varies periodically, but an inventory of light manufacturing and warehousing/distribution facilities is usually available. Commerce Lexington maintains a database of available industrial buildings of 10,000 square feet and larger for the eight county region.
The majority of Class A and B office space is in Lexington. There are approximately 5.2 million square feet of suburban space and 2.5 million square feet of central city space in existence. Asking lease rates typically range between $10 and $23 per square foot with an average of $16 per square foot.
Contact us today!
This is by no means an exhaustive list of what our economic development team can provide to our clients! Contact us for more information about Lexington and how we can assist in making Lexington your new home! Contact Us