Lexington council approves Magna Gray conditional zoning after negotiated changes and traffic analysis

The Lexington City Council on Feb. 2025 approved a conditional zoning ordinance for a 130-acre Magna Gray residential subdivision off Plaza Parkway and Fairview Drive after the developer and neighborhood representatives reached new conditions over the weekend.

The vote followed a multi-hour public hearing and a staff presentation on the conditional zoning process and potential site constraints. City planning staff and the developer presented a traffic impact analysis and a revised site plan; neighborhood advocates and attorneys described negotiated conditions that they said addressed primary concerns about connectivity, buffering and future access.

The zoning change approves a site plan showing up to 357 dwelling units with a stated maximum of 375 units; the developer presented the plan as low-density relative to the city's land-use plan, at about 2.71 units per acre on the current layout. Tom Terrell, attorney for Magna Gray, said the applicant removed townhomes from the proposal and committed to single-family product types. Terrell said the project will include 28% natural open space, a roughly 3,000-square-foot swimming pool and cabana, two pickleball courts, playgrounds and three designated school-bus stop locations with shelters and lighting. He said Mr. Floyd, Magna Gray’s principal, estimates roughly $6,000,000 in grading costs to address steep…