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UK Sells Prime Parking Lot for $6.1M | Lexington News
UK’s Bolivar Street parking lot—less than an acre, prime real estate—is up for sale at a jaw-dropping $6.1 million cash-only bid, with the window closing soon. Acquired in 2011 when UK bought the adjacent School of Arts and Visual Studies building, the lot no longer fits campus plans. Speculation points to a major student housing developer eyeing it, especially since they’re already building nearby and plan a massive seven-story complex across the street—with their own parking garage. The university stays mum on buyers, but with surrounding development and that price tag, this is one hot…
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