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  • The Lexington Times

    Property Acquisition on Delaware Ave Raises Gentrification Concerns

    2024-02-01

    Lexington, KY – The recent acquisition of a property on Delaware Avenue, a street historically impacted by redlining, has sparked discussions about gentrification and equitable development in the area.

    https://img.particlenews.com/image.php?url=36uy8c_0r3R5vLG00
    1000 Delaware AvenuePhoto byFayette PVA

    1000 Delaware LLC, a profit-oriented Kentucky Limited Liability Company, purchased the 1.0042-acre site at 1000 Delaware Ave (between Pasta Garage and JY Kitchen) for $435,000. The company, formed in September 2023 and listed under the Kentucky Secretary of State's Office, is managed by members, with William David Hanrahan, identified as a Senior Marketing Manager specializing in digital engagement (based on LinkedIn profile information), as the registered agent. The site's current zoning as "Light Industrial" and its historical use as an auto repair facility present unique redevelopment opportunities.

    The property's transformation plans, highlighted in a recent Reddit thread from the r/lexington community, include "creating a vibrant community space for creativity, collaboration, and wellness". However, the enthusiasm for redevelopment is tempered by concerns about gentrification, especially given the area's history. Delaware Avenue was designated as "definitely declining" in a 1940 redlining map, a discriminatory practice that contributed to systemic disinvestment in certain neighborhoods.

    Community members have expressed the need for genuine involvement in the development process. Suggestions like urban community gardens, local business hubs, and affordable housing have been proposed to ensure the development benefits existing residents. However, there is a delicate balance between revitalizing the area and maintaining its affordability and cultural integrity.

    "Maybe start with an Outreach event for people who live in the neighborhood and see if they have any ideas of what they would want to see/would be beneficial for them. Could host a neighborhood lunch/party when it warms up and chat up people."
    -vettelyfeL46

    "The person who suggested the outreach event is dead on. I don't think putting in traditional gentrification hallmarks is best, which kinda includes community gardens. You may have better luck just going door to door, just asking people what they want"
    -B33nTh3r3DoneThat

    The site's redevelopment poses a critical question: can new investment reverse the legacy of disinvestment without displacing the current community? With Lexington's history of redlining, the focus is on how 1000 Delaware LLC will navigate this challenge. Ensuring the project aligns with the needs and interests of the local community, particularly those from historically marginalized backgrounds, is vital.


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    Skipper Smith
    02-02
    This place is formally Mike’s mufflers. The ground is so contaminated from years of being an auto shop that the local residents should welcome somebody to come in and clean this place up. If they had a brain, they would realize it would make their property values go up.
    gary batty
    01-31
    This type of reaction makes people who want to invest shy away. Wake up
    View all comments
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