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Business Leaders Discuss “State Of Downtown”

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LEXINGTON, Ky. (LEX 18) — Business Leaders met at the Lexington Opera House on Wednesday night for the first “State of Downtown” event, hosted by the Downtown Lexington Partnership.

The event featured a panel of local experts, who gave their outlook for downtown and answered audience questions.

“Understanding the health of downtown, the trends that are coming up and how we can continue to move forward is really important,” said Terry Sweeney, President of the Downtown Lexington Partnership.

Panelists included Mason McCauley, Assistant Vice President of Republic Bank, Dudley Webb, President of the Webb Companies, James Schrader, Owner of Schrader Commercial, LLC., and Melody Flowers, Executive Director for Strategic Analysis and Policy at the University of Kentucky.

“Lexington is growing fast,” said Sweeney, and he wants that growth to continue. “Since 2005, more than $2.4 billion in real estate projects have been completed, planned or are currently underway downtown,” he said.

“What we really want is for people to come out of here knowing that downtown is vibrant, growing and an economically powerful urban core,” he said.

Sweeney hopes to continue the event each year.