Groundbreaking of Triple Crown Business Park

Madison County Fiscal Court proudly joined the City of Berea, Lexington-Fayette Urban County Government, and Scott County for the official groundbreaking of the Triple Crown Business Park in Berea, Kentucky. Moreover, the ceremony brought together local, regional, and state leaders to celebrate a milestone that marks the beginning of a new era of economic growth for Central Kentucky.

Officials and community leaders gather near a stage during the groundbreaking ceremony for the Triple Crown Regional Business Park. Participants carry ceremonial shovels across a grassy field under clear skies, with an industrial building and American flag visible in the background.

Four Governments, One Shared Vision

Two years of planning, partnership, and persistence led to Wednesday’s groundbreaking in Berea. For the first time, four regional governments united around a single economic development vision, establishing the Triple Crown Business Park as a shared regional investment. As a result, the 300-acre park now provides the space and infrastructure needed to attract businesses and create jobs across Central Kentucky.

“Today’s groundbreaking is about more than turning dirt. It’s about creating opportunity. It’s about building a future where people of Madison County can find good-paying jobs close to home, close to their families, their schools, and their community,” stated Judge/Executive Reagan Taylor.

Judge/Executive Reagan Taylor addresses attendees from a podium during the groundbreaking ceremony for the Triple Crown Regional Business Park. Community and regional leaders are seated on stage beside an American flag as the audience watches from the foreground on a sunny day.

What This Means for Madison County Residents

The Triple Crown Business Park represents more than a development project. As businesses move into the park and jobs are created, the agreement ensures that tax revenue flows directly back to participating communities. After a 10% hosting fee allocated to the City of Berea, each participating county receives an equal share of the tax revenue generated by the development.

That revenue supports the services and infrastructure that Madison County residents rely on every day. From roads to public safety, the long-term investment in the Triple Crown Business Park is an investment in the quality of life for every family in our community.

Berea Mayor Bruce Fraley noted, “I look forward to the next steps following today’s groundbreaking as our ultimate goals are to seat new industry in Central Kentucky, to create good-paying, quality jobs, and to ultimately uplift our communities by creating economic opportunities for our people.”

Berea Mayor Bruce Fraley stands at a podium during the groundbreaking ceremony for the Triple Crown Regional Business Park while local and regional leaders sit on stage and applaud. American and Kentucky flags stand behind the stage as attendees watch from the audience on a sunny day.

Regional and State Leaders Come Together

Leaders from across the region came out to mark the occasion, including:

Berea Mayor Bruce Fraley
Lexington Mayor Linda Gorton
Scott County Judge/Executive Joe Pat Covington
Senior Advisor to Governor Andy Beshear
Rocky Adkins
State Senator Jared Carpenter
State Representative Deanna Frazier Gordon
State Representative Josh Bray

The ceremony also recognized M&W Consulting, whose work was instrumental in bringing this project to fruition.

Senior Advisor to Governor Andy Beshear, Rocky Adkins, speaks at a podium during the groundbreaking ceremony for the Triple Crown Regional Business Park while local and regional leaders sit on stage behind him on a sunny day.

Looking Ahead

Yesterday’s groundbreaking is just the beginning. As the Triple Crown Business Park develops, Madison County stands to gain new businesses, new jobs, and long-term economic benefits that will be felt across our community for years to come.

Furthermore, the Madison County Fiscal Court is honored to be part of this effort and looks forward to what lies ahead.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

You just read:

Groundbreaking of Triple Crown Business Park

Distribution channels:

EIN Presswire's priority is author transparency. We do our best to weed out false and misleading content. The content above is the sole responsibility of the author who makes it available. If you have any complaints, kindly contact the author above.