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Signet Capital and Signet Real Estate Group showcased their creativity in approaching unique real estate projects, as true partners with the University of Kentucky (UK), to deliver a world-class, multi-use facility, branded as The Cornerstone.
COLUMBUS, Ohio (PRWEB) December 16, 2020 Revitalizing one of the main corridors into the University of Kentucky s campus, the facility bridges the University and the Lexington community. Spanning 308,269 square feet with a total construction cost of approximately $35,000,000, The Cornerstone includes an innovation lab, E-Sports Gaming Lounge & Theater, locally focused food hall, and parking garage.
The Public-Private Partnership model allowed UK to transfer the associated risks of delivering a project of this nature - including financing, construction, and project delivery - to Signet while maintaining approval control from a design, budget, timeline and use perspective. UK will be the eventual owner of the project and Signet will