Within the next month McDonald's and Raising Cane's are expected to open new restaurants in the five-acre parcel at 2020 Harrodsburg Road that once was the site of the Springs Inn.
A Lexington institution, Springs Inn closed in 2008. It was razed in 2009. In 2011, a CVS drugstore was built on a corner of the property.
Garyen Denning, a managing partner for Cane's in Lexington and president of CRM, developer of the remaining Springs property, said that two other lots remain open on the site. He expects announcements on the tenants for those two parcels shortly, he said.
Cane's opened its first restaurant in Kentucky in 2007.
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The McDonald's at 1962 Harrodsburg Road has been closed since Oct. 26. The new McDonald's, owned by franchisee son-and-father team Tyler Nahra and Al Nahra, will open in early November and will include a double-drive through with a third drive-through window.
"It will be a great place to sit down and enjoy a cup of coffee, surf the Internet or meet up with friends and family," Tyler Nahra said in a statement.
Denning's organization purchased the five-acre lot because, "we think that's a great corridor and a great part of Lexington. ... We felt like it would be a great opportunity to bring some new businesses to that area," he said.