Beaumont Centre is booming.
In the next 18 months, engineering company Stantec plans to move 180 employees into a three-story building in the center of the development, construction is also starting on a four-story Marriott hotel and a $22 million senior assisted living facility.
In just the last year, a new Shell gas station, a satellite office of the Lexington Clinic, Alliance Coal and Creative Lodging Solutions have moved into new or existing office space in Beaumont Centre.
Tim Haymaker, of Haymaker Bean and one of the principal developers of the planned development, estimates up to 4,000 people work in offices either in Beaumont Centre or across Harrodsburg Road in the office park at Corporate Drive. In addition, there are more than 1,250 housing units in the neighborhoods that border the commercial buildings along the circle.
The uptick in development over the past two years might be a result of bottled up demand. New construction was sluggish during the recession. But now the recession is over and more businesses in Lexington are looking for places to expand, Haymaker said.
“It’s fresh, it’s new and it’s consistent,” Haymaker said of the draw of Beaumont. “We have commercial association covenants and residential covenants and we uphold those covenants. We require primarily brick and we try to stick to that pretty closely depending on the needs of the business. We have people who monitor and mow the grass and take care of the drainage basins.”
Originally 705 acres when it first began in the late 1990s, there are now only three lots left available for development, Haymaker said.
In addition to single-family homes, townhouses and apartments there is also a U.S. Post Office, a Kroger, Rosa Parks Elementary School, the Carol M. Gatton Beaumont YMCA, MoonDance Amphitheater, several hotels and dozens of other retail shops and restaurants.
Beaumont’s many amenities is what attracted Creative Lodging Solutions to the southwest Lexington development. Creative Lodging, a business travel company, consolidated its operations and moved all of its employees into the former Kroger building on Beaumont Centre Circle Road this summer.
“We chose our location because we found an incredible opportunity, with the help of our designer, to create something way different from the typical office structure,” said Creative Lodging Solutions Chief Culture and Development Officer Carolyn Hundley. “The convenience and familiarity of the Beaumont location have proven to have awesome perks for our employees. We have a full-size Kroger right next door, and we just love the Harrodsburg area. In fact, almost all of our office spaces have cropped up somewhere around Harrodsburg Road or Beaumont.”
Stantec was to occupy several floors of an office tower that was supposed to be part of the long-stalled CentrePointe development in downtown Lexington. But that project —which has been mired in delays — didn’t happen. Stantec had to find another location that could accommodate 180 employees and have enough space for additional employees in future years.
The 46,000 square-feet building currently under construction has three floors and large circular windows in its stairwells so people can see into parts of the building, Haymaker said.
It’s fresh, it’s new and it’s consistent.
Tim Haymaker, developer, of Beaumont Centre’s draw
David Sigler, senior principal at Stantec, said they are hoping to be in the building by late fall.
“Beaumont has a lot of things going for it,” Sigler said. “It’s close to a lot of amenities. It’s close the airport. There is increased mobility because its right there close to New Circle Road. We were also able to get convenient parking, which is always an issue.”
Construction will begin in the spring on the Marriott TownePlace Suites. That hotel will be located on Midnight Pass and will be adjacent to MoonDance, Haymaker said.
There are already several hotels in Beaumont Centre. The occupancy rate is fairly high — 80 percent. That’s why Marriott decided to put another property at the location.
“They are the closest hotels to the airport,” Haymaker said about why hotels have sprung up there. “People also feel safe. They can go running on the trails. There are restaurants nearby.”
But one of the biggest changes coming to Beaumont in the next few years will be the addition of Provision Living’s new assisted living facility on Monarch Drive. The 91,000-square-feet development will be three stories on 4.2 acres. There will be 104 units licensed for personal care, 72 of those units will be dedicated to assisted living, 32 units will be dedicated for memory care — or for those with Alzheimer’s or dementia.
Jon Hanks, investment officer with Provision Living, said the front of the building will be dedicated to assisted living. It will have restaurant-style dining, a library and a bistro on the second floor that will open to a patio that will overlook MoonDance.
The one-story memory care unit will have a large, indoor courtyard where people can have access to the outdoors but in an enclosed and safe environment. The new facility will employ up to 50 full and part-time employees and will hopefully be open in late spring 2017, Hanks said.
Provision Living has facilities in 10 states. The Beaumont Centre location will be its first in Kentucky. Hanks said the St. Louis-based company has facilities in other university towns — Ann Arbor, Mich. and West Lafayette, Ind. Provision Living also wants its residents to be part of the community, not separate from it. Beaumont’s design allows seniors easy access to entertainment, shopping and to major roads such as New Circle and Man O’ War.
“We looked at a lot of markets all over the Midwest,” Hanks said. “Beaumont Centre is really one of the best mixed-use developments that we have ever seen. There are schools there, there are restaurants, hotels, shopping and tons of office space. There is a YMCA there that has a program for seniors that will be a great amenity for our residents.”
Beaumont also has a range of housing options —from single-family homes, to townhouses. to apartments, Hanks said.
“The one thing that was missing was senior living,” Hanks said. “Now, you can literally live your entire life in Beaumont and never have to leave — unless of course you want to go to a (University of Kentucky) Cats game.”