Spy Coast Farm on Iron Works Pike has received approval from the Lexington-Fayette County planning commission to subdivide property into future "farmlets." But owner Lisa Laurie isn't planning to sell anytime soon.
"It's an effort to improve my eventual exit strategy," Laurie said. "I've no intention of selling right now. I'm still building my business there. I'm creating an equestrian facility where people can import their horse and ride them while they're in quarantine."
With the proximity of the Kentucky Horse Park, Laurie said, she thinks Spy Coast will have a distinct advantage over other quarantine facilities.
"It's really the presence of the riding ring that makes it more attractive for show horses," she said. If you're going to be keeping a horse in quarantine for weeks, you want to be able to keep it fit so you can compete right away, she said.
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Laurie said she decided to create the facility because she had hired a resident vet for Spy Coast and had had inquiries from potential customers.
"It was just a natural outgrowth," she said. "I sense that people are going to be coming to the Horse Park more, and I think it's another resource that will make it more attractive to people coming to Kentucky. You have people importing million-dollar horses; you have to have the right kind of ring with the right kind of surface. Our requirements are very different from the Thoroughbred. ... I am investing in my farm because I really believe there is a big future for the Kentucky Horse Park and for Lexington for sport horses. It's a world-class facility."
Spy Coast also is sponsoring the $60,000 International Open Jumpers Speed competition at the National Horse Show this week, and an Irish rider that Spy Coast sponsors, Shane Sweetnam, will be competing at the National.
"For it to be in Lexington really reinforces the whole 'Horse Capital of the Nation, if not the World,' position," Laurie said.