Lexington Kentucky Real Estate

The Shoppes at Equestrian Crossing may not be ready for the 2010 WEG (World Equestrian Games).  This large development in Scott County KY near Georgetown between the Wal-Mart and the Toyota Plant, and encompasses approximately 850,000 sq.ft. and includes a mixed use retail plan.  On its current projected timeline, the preliminary real estate development plan should be finished within the next 2 months.

The original concept was proposed to be completed in time for the 2010 World Equestrian Games, but it doesn’t appear that the property can be ready for business by that time.  Many potential occupants for the development are cautious of the relatively soft real estate market nationally, and even though Kentucky has a fairly strong overall real estate market, those retailers are slowing their expansion plans which is causing delays for this Equestrian Crossing development.