New tower proposal for Lexington, KY.
Divided over downtown
High-rise hotel is a major part of the project
With an announcement of a high-rise downtown hotel development expected as early as this week, two groups are keeping a close eye on a strip of historic buildings on the block where the building will rise.
Supporters of the mixed-use development -- shown as a 40-story tower in preliminary plans -- say it will bring new life to the heart of downtown, and that it isn't economically feasible to keep the old buildings on the block.