# Central Kentucky breaks ground on first regional business park  
**Published:** 2026-05-07T13:18:13Z  
**Source:** City of Lexington Mayor's Office (press release, emailed to editor@lexingtonky.news)  
**AI-generated:** yes (claude-haiku-4-5-20251001)  
**Canonical:** https://feeds.lexingtonky.news/article/central-kentucky-breaks-ground-on-first-regional-business-park

BEREA, Ky. — [Officials from Lexington, Scott County, Madison County and Berea announced the groundbreaking of the Triple Crown Business Park](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park), described as [the first public, multi-county economic development project in Central Kentucky](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park), according to a media advisory from the City of Lexington Mayor's Office.

The groundbreaking ceremony took place at 3:30 p.m. Thursday at 1604 Farristown Industrial Drive in Berea, bringing together [Mayor Linda Gorton, Scott County Judge-Executive Joe Pat Covington, Madison County Judge-Executive Reagan Taylor, and Berea Mayor Bruce Fraley](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park), along with state and federal representatives including Senior Advisor to Governor Andy Beshear Rocky Adkins.

The 300-acre park is housed within the Menelaus Industrial Park in Berea and represents a collaborative effort among four government entities. [The Central Kentucky Business Park Authority, which will purchase and manage the park, has all four partners giving final approval following 20 months of development](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park), according to statements released in December 2024.

The project already has secured significant federal funding. [In February 2026, U.S. Congressman Andy Barr announced $2 million in federal funding through the Transportation, Housing and Urban Development Appropriations process](https://barr.house.gov/2026/2/congressman-barr-secures-2-million-in-federal-funding-for-triple-crown-business-park). [The funds will support site preparation and critical infrastructure improvements, with ground breaking anticipated to occur as early as summer 2026](https://cityofbereaky.wordpress.com/2026/02/19/cooperation-pays-off-industrial-park-gets-another-2-million/).

[Regional officials have stated the park will attract employers, create jobs, and generate tax revenue for participating governments](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park). [After a 10% hosting fee to Berea, each county will receive 33% of the tax revenues created by the park](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park).

The groundbreaking represents a culmination of regional collaboration efforts. [According to development consultant Lucas Witt, in today's economic climate, companies creating jobs have specific infrastructure needs, making build-ready sites critical for business recruitment](https://cityofbereaky.wordpress.com/2026/02/19/cooperation-pays-off-industrial-park-gets-another-2-million/).

## Sources

- [City of Lexington Mayor's Office Press Release - Triple Crown Business Park Groundbreaking](https://www.lexingtonky.gov/news/12-06-2024/lexington-joins-berea-madison-scott-create-first-regional-public-industrial-park)
- [Congressman Andy Barr announces $2 million in federal funding for Triple Crown Business Park](https://barr.house.gov/2026/2/congressman-barr-secures-2-million-in-federal-funding-for-triple-crown-business-park)
- [City of Berea updates on Triple Crown Business Park development](https://cityofbereaky.wordpress.com/2026/02/19/cooperation-pays-off-industrial-park-gets-another-2-million/)

---

This article was generated by AI (claude-haiku-4-5-20251001) from a press release emailed to editor@lexingtonky.news by City of Lexington Mayor's Office, enriched with 3 web searches.