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CentrePointe (Lexington)
CentrePointe is a proposed residential, commercial, and retail project in Downtown Lexington, Kentucky that has undergone multiple setbacks due to a lack of funding. The current plan consists of a 19-story hotel-condominium tower, a 12-story apartment complex, and a 10-story office building.〔
==History==
CentrePointe is not yet in the process of being constructed. The original estimated time of completion was in 2010 as it was intended to serve as a centerpiece for business during the 2010 FEI World Equestrian Games. Before the construction of CentrePointe began, many local residents objected to the project as it meant the destruction of Morton's Row, the city's second-oldest commercial district, and a local hot spot, The Dame. In July 2008, the Fayette Alliance — a coalition of developers, neighborhood associations, and farmers — revoked its support for the building, due to an apparent reluctance on the part of the developer to work with concerned parties in addressing various issues concerning the development.〔(【引用サイトリンク】City council creates panel that will deal with CentrePointe funding )〕
In addition to the controversy surrounding The Dame, the use of Tax Increment Financing for the development was debated. Initially concern centered on the application of taxpayer money without the inclusion of ideas from those taxpayers. This opposition arose mostly from a common misunderstanding of Tax Increment Financing, which utilizes the boom property tax value from a redevelopment project to fund improvements locally. The issue went before the city council in September 2008. The council voted in favor of utilizing Tax Increment Financing for the project due to the infrastructure improvements for the surrounding area including sidewalks and underground parking structures.〔(【引用サイトリンク】 url = http://www.freedomkentucky.org/index.php?title=CentrePointe )〕
On June 25, 2009, the process of seeding and filling the CentrePointe construction site began. On September 10, 2013, EOP, the architecture firm behind the fifth iteration of the CentrePointe design announced they were pulling out of the project. Preliminary construction began in December 2013 and blasting for the parking structure and foundation began on March 17, 2014. The 700-space underground parking garage was expected to be completed by late summer 2014, but was not. Developers are currently trying to sell $30 million in bonds solely devoted towards building the parking garage. As of March 26, 2015, minimal construction on the parking garage has been completed.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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