‘Announcements coming soon.' What's the status of High Street development near Rupp? [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
A timeline for when construction begins on the development, which was announced in May 2022 and approved in May 2023, has not been finalized. “We're still in the planning stages but hope to make some announcements soon,” said Dudley Webb of the Webb Companies. The Webb Companies and Dallas-based Lincoln Properties were picked in 2022 to develop the High Street parking lot over several other bidders. The plans for the development still include apartments, a possible hotel, retail, restaurants and multiple parking garages to replace the 1,600 spaces on the current parking lot. The initial plans call for those parking garages to have 3,500 parking spaces, Webb said. Webb said a key part of the development is a 3,000 to 5,000 capacity indoor event space, which would fill a need in Lexington's downtown entertainment landscape. Rupp Arena, across the street, has more than 23,500 seats. The Lexington Opera House on Short Street has slightly less than 1,000 seats. There's a lot of
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News
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- 3/7/24 - Beat
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Sec Filings
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- 5/15/24 - Form DEF
- KR's page on the SEC website