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Monday, January 20, 2020

Alexandria Will Review Zone Change Request for Mixed Uses in New Development

Rendering of proposed development at 7541 Alexandria Pike. A zoning change could clear the way for commercial properties to be added to the luxury apartment project.

by Robin Gee, city council beat editor

The city of Alexandria has announced that its Planning and Zoning Commission will hold a public hearing on a zone change request that would clear the way for commercial uses to be added to the planned development located at 7541 Alexandria Pike.

Campbell County YMCA. 859-781-1814. 

The request would change the current zoning, which is R-RE (Residential Rural Estate) to a PUD or Planned Unit Development. The PUD will allow for three commercial lots taking 13 acres positioned along Alexandria Pike. The remaining 56 acres in the development would include up to 366 luxury apartment units.

The commercial lots would be open to development for office, restaurant or possible retail uses.

Indianapolis-based Kendall Property Group will develop and own the apartment project, a mix of one-, two-, and three-bedroom units. Rents for the luxury units would run from $900 a month for one-bedroom up to about $1,500 a month for a three-bedroom apartment. The apartment property will include high-end amenities such as a pool, fitness center, business center and outdoor kitchen.

Construction is scheduled to begin this summer with the first units available in fall of 2021. The projected completion date for the project is the summer of 2023.

The Alexandria Planning and Zoning public hearing will be held on February 4 at 7p.m. in the Alexandria City Building, 8236 W Main Street.

Map of planned luxury apartment development on Alexandria Pike.

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