Subtext Acquisitions seeks rezoning for mixed-use development in downtown

Lexington's Planning Commission is set to consider a significant rezoning proposal that could reshape parts of the city. During the meeting on April 24, 2025, the commission discussed a request from Subtext Acquisitions LLC to rezone several properties along Lexington Avenue. The proposal aims to change the zoning from medium density residential and professional office to a downtown frame business designation.

This rezoning is crucial as it would allow for the construction of a mixed-use development, which is expected to enhance the area's economic vitality. The planning staff supports the applicant's vision, agreeing with the proposed designations of downtown place type and high-density non-residential development type.

In addition to this key discussion, the commission noted that the Zoning Ordinance Text Amendment (ZOTA) related to economic development will be postponed until May, having already been delayed for two months. Furthermore, the public facilities review is also on hold and will be addressed in the next subdivision meeting.

These developments highlight the ongoing efforts to adapt Lexington's zoning regulations to meet the needs of a growing community, with the potential for increased business opportunities and urban development. As the commission moves forward, the implications of these decisions will be closely watched by residents and stakeholders alike.