Subtext Acquires Property for 520-Bed Student Housing Development

Summary:

  • Subtext has acquired a site at 565 S. Limestone in Lexington to develop EVER Lexington, a 520-bed student housing community serving University of Kentucky students, in partnership with FrontRange Capital and Larson Capital Management.
  • The project, located within a qualified opportunity zone, will feature 149 units ranging from one- to four-bedroom layouts, with construction starting soon and completion targeted for summer 2028.
  • EVER Lexington will offer extensive amenities including a two-story lobby, study mezzanine, fitness and wellness facilities, pool deck, sauna, and outdoor bar, with Southern Building Group and KTGY among the key development partners.

Original article:

https://rebusinessonline.com/subtext-buys-site-near-university-of-kentucky-plans-520-bed-student-housing-project/

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