LEXINGTON, N.C. — Plans move forward for the redevelopment of the town’s old factories for the Lexington Depot District.
The renderings and sketches revealed to the city Tuesday were made possible from a $700,000 Tiger 6 grant with the help of consultants Shook-Kelley Inc.
The passenger rail system in Lexington closed in 1975.
Plans for reopening the depot would also include taxi and bus services.
Depending on the final approval from the federal government and the Department of Transportation, the engineering and construction for the depot could cost anywhere from $1-20 million.
Mayor Newell Clark said the transportation opportunities are for the entire Triad.
“But it’s not just for Lexington. This is a regional project and that’s what I think people need to understand when we talk about a depot for Lexington. That’s for Davidson County for the Triad as well,” Clark said.
The City Council is currently accepting proposals for developers through Oct. 13 to revitalize the old candy factory and parts of the Lexington Furniture Industries bought by the city in 2007.
The revitalization of those buildings would consist of new entertainment spaces, housing, retail and restaurants.