21c Plans to Open New Property in Downtown Lexington
21c Museum Hotels plans to develop a new combination boutique hotel, contemporary art museum and restaurant in downtown Lexington pending the approval of city government and other financing incentives. The hotel would be located in the historic Fayette National Bank Building and the adjacent three-story building on West Main. It will be 21c Museum Hotels’ third historic restoration project and fourth project overall. Construction is expected to begin in the next twelve months and the hotel would open in 2014. Once open, the property will create approximately 150 jobs in Lexington.
Steve Wilson, CEO and Co-Founder of 21c Museum Hotels notes, “My wife Laura Lee Brown and I both grew up in Kentucky, and we are committed to Kentucky. We are proud to be a part of Mayor Jim Gray’s efforts to make Lexington an even more dynamic city. This is a vibrant community with an outstanding university and we look forward to supporting its cultural life.”
21c Museum Hotel will be located in the Fayette National Bank Building on Main Street in downtown Lexington. Read the full press release here.
