Tom,
I continue to follow the conversation on your blog about CentrePointe with great interest.
Most of the comments, pro and con, are thoughtful and, I hope, move us closer to a compromise that will realize much of the developer’s vision while preserving the historic, architectural and cultural character of this block that many in Lexington treasure.
A couple of the commentators raised some very good questions that I thought were worth addressing.
On April 14 “UGDAY” wrote:
“Do any of you really believe that any of the old buildings could withstand the required blasting to dig the underground parking? The buildings are past their prime, they are beyond the tipping point where rehabilitation could make them profitable. How is one to recoup the cost to restore these buildings?”
These are good questions that merit much more discussion than a couple of lines here. Perhaps the best way to start, though, is with a few more questions.
Are there examples in Lexington, in Kentucky, or around the United States of large in-fill developments placed adjacent to historic buildings?
Have the developers prepared any expert engineering studies on these questions that they would share with the public?
Are there any independent engineering studies that would shed light on this question?
What is the actual square foot cost to restore some of the older and architecturally significant buildings on this block?
Have the developers investigated this? Have they prepared any feasibility studies on this issue that they would share with the public?
What is the square foot cost of new construction associated with CentrePointe?
How do these two costs compare?
Most of the existing significant buildings on this block are eligible for large state and federal tax credits to help fund rehabilitation.
More than 18 months ago, the Director of the Kentucky Heritage Council and the President of the Blue Grass Trust met with the developers to discuss the rumors then circulating about this project. Both the Heritage Council and the Blue Grass Trust made their concerns clear regarding the importance of incorporating the preservation of some of the significant buildings into any development. They also explained to the developers that many of the buildings on the block would be eligible for state and federal historic rehabilitation tax credits.
Have the developers contacted the Kentucky Heritage Council to learn more about how these tax credits could help to defray the costs of rehabilitation?
On April 16 “Obrian” writes:
“Where…are those historic old buildings on this block?”
Preserve Lexington has answered this question many times, in public and in writing. And I believe many of your commentators have addressed this as well. But we are more than happy to answer this question again.
At least 10 buildings on this block are eligible for the National Register of Historic Places. Eligibility for the National Register is the benchmark locally and nationally for determining the significance of a building. Determinations of eligibility are made by professional architectural historians.
In making these determinations, architectural historians consider the history of a building, the architecture of a building, and the evolution of that architecture over time. Each of these factors tells a story about a specific building, and about the time and culture that produced that building and the changes to it over time.
Do we erase that story, do we erase that history and architecture, or do we marry it with a vision of our future?
Do we repeat the development mistakes of the past, or do we, along with vibrant cities like Charleston and Asheville and Ann Arbor, wed yesterday with tomorrow?
I hope that my comments and questions will be helpful in moving us a step further from pointless debate and a step closer to compromise.
Sincerely,
Hayward Wilkirson
President of the Board of Directors
Preserve Lexington
Posted by Tom Eblen














