Georgetown, Kentucky: A Premier Destination for Commercial Real Estate

Introduction

Georgetown, Kentucky, is emerging as a strategic hub for commercial real estate (CRE) thanks to its robust economy, growing population, and pivotal positioning in the Bluegrass region. Known for its strong manufacturing base, particularly in the automotive sector, Georgetown offers diverse opportunities across various CRE asset classes. With a welcoming business environment and active economic initiatives, the city is well-positioned to attract investors and developers.

Economic and Industry Overview

Georgetown's economy is anchored by major industries such as automotive manufacturing, logistics, and healthcare. The presence of Toyota’s largest manufacturing plant in North America drives demand for industrial and office spaces. Additionally, the city's proximity to Lexington and its logistical advantages bolster its appeal for distribution centers and retail spaces. The Georgetown/Scott County Economic Development Corporation actively promotes regional growth, focusing on attracting new businesses and supporting existing ones.

Strategic Location and Transportation Infrastructure

Georgetown benefits from an extensive transportation network, including access to Interstate 75, which connects the city to major markets like Cincinnati and Lexington. The Blue Grass Airport in nearby Lexington offers domestic flights, enhancing business travel. The presence of rail lines through CSX Transportation further supports the city’s logistics capabilities. For more information on transportation infrastructure, visit the Kentucky Department of Transportation.

Commercial Real Estate Inventory & Zoning

Georgetown’s commercial real estate landscape is diverse, with key submarkets including the Central Business District (CBD) and industrial corridors along I-75. The city offers a mix of industrial, retail, and office spaces, with zoning regulations that favor development. Recent zoning updates have introduced incentives for mixed-use projects and sustainable developments. For detailed zoning maps, visit the City of Georgetown’s Planning and Zoning Department.

Major Employers and Institutions

The largest employer in Georgetown is Toyota, with its manufacturing plant employing over 8,000 people. Other significant employers include Georgetown Community Hospital and the Scott County School District. Georgetown College, a reputable liberal arts institution, also contributes to the local economy. For a complete list of top employers, visit the Scott County Chamber of Commerce.

Notable Commercial Developments & Projects

Georgetown is witnessing several large-scale developments, including the Lane's Run Business Park, which is designed to attract advanced manufacturing and logistics companies. The city is also exploring public-private partnerships to develop Opportunity Zones that offer tax incentives for investors. More information can be found on the Kentucky Opportunity Zones website.

Building Permits, Planning, and Development Tools

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

The city offers a wealth of market data through resources like the U.S. Census Bureau and local economic impact reports. Brevitas leverages AI-powered aggregation from public data and internal insights to provide detailed market analysis. Explore Brevitas-powered dashboards for Georgetown here.

Why Use Brevitas for Georgetown, Kentucky CRE?

Brevitas offers a cutting-edge platform for discovering Georgetown’s CRE opportunities through AI-driven insights, real-time market alerts, and smart property pages. Our platform supports seamless dealroom collaboration, auto-generated listing pages, and email/landing page tools. With integration capabilities for brokers and developers, Brevitas ensures exclusive listings and premium exposure. Join Brevitas today to explore the full potential of Georgetown, Kentucky's commercial real estate market.