A&W Restaurants Incorporated is expected to be the first company locating in Lexington’s new industrial park near Interstate 75. The city has 50 acres shovel ready in UK Coldstream Research Campus.
A&W will be relocating their global headquarters and moving some 35 jobs to the new site. Lexington Mayor Linda Gorton is optimistic this is only the start of business growth at the industrial site. “I don’t think we would be in this business doing this if we weren’t," she said.
The Lexington council took the first step Tuesday to sell three acres to A&W for $585,000. In 2017, the city obtained 250 acres in or near the Coldstream property. It was part of an agreement with UK where the university handed over property off Newtown Pike in exchange for ownership of several streets near campus.
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