DevelopLex Middle Tech
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DevelopLex is a podcast diving into the ins & outs of real estate development and investing here in Lexington, Kentucky. This series will feature interviews with some of Lexington's most prominent real estate developers that have played a major role in building Lexington into what it is today.
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49. Mike Hynes on addressing Affordable Housing
On this weeks episode, we were stoked to welcome on Mike Hynes, President and CEO of Winterwood.
Winterwood Development, part of a family-owned business that has been serving families for over 40 years, is committed to developing high-quality housing throughout our region. The offer a variety of services but where we spent most of our time on in this episode was the significant issues Lexington (and beyond) is having in trying to address affirabikity in the housing sector.
Specifically, we talked about case scenarios of affordable housing development and how that relates to Lexington, policy, and the feasibility of solution based thinking in our city.
Hosted by Weston Lockhart
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DevelopLex is proud to be supported by:
SVN Stone Commercial Real Estate
Craftsmen Contractors
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister -
48. Daren Turner on his massive infill redevelopment project in Lexington, The Commons
Daren Turner is a seasoned entrepreneur and CEO whose roots are firmly planted in Lexington, Kentucky. His 27 years of marriage to Kirsten and their three children, Seth, Hadley, and Luke, reflect his commitment to family and community ties in his hometown.
Transitioning into leadership roles at Amteck in 1992, Daren rapidly absorbed the business side. Taking the helm in 2000, he drove impressive growth through strategic acquisitions and championing innovation. After selling to private equity in 2015, his unwavering dedication saw him reacquire Amteck in 2020 and orchestrate another successful sale in 2021 while remaining CEO.
Parallel to his electrical business successes, Daren has carved out a formidable real estate development career spanning residential, office, industrial, senior living, and more. His current project, The Commons, channels his passion for real estate into transforming Lexington's skyline, integrating mixed-use innovation to invigorate the urban experience. It's a project close to his heart, aiming to unite work, leisure, and community in a vibrant, sustainable development reflective of Lexington's spirit.
We were able to discuss the steps in getting infill redevelopment projects done in Lexington, large scale mixed use development and the hurdles that coincide, as well as pockets of Lexington with the most upside.
Hosted by Weston Lockhart
Subscribe to the DevelopLex newsletter here
DevelopLex is proud to be supported by:
SVN Stone Commercial Real Estate
Craftsmen Contractors
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister -
47. David O’Neill on Property Valuation and Lexington Market Commentary
David O’Neill was appointed Fayette County Property Valuation Administrator by Governor Steve Beshear on February 11, 2009, and overwhelmingly elected to full four-year terms in 2010, and subsequently re-elected in 2014, 2018 and 2022.
Because of David’s expansive knowledge on the value of real estate in Lexington, we were able to spend a significant amount of time breaking down current day, how we got here, and future discussion of Lexington values and trajectory.
Hosted by Weston Lockhart
Subscribe to the DevelopLex newsletter here
DevelopLex is proud to be supported by:
SVN Stone Commercial Real Estate
Craftsmen Contractors
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister -
46. Dow Porter on the ins and outs of Environmental as it relates to CRE
Dow Porter currently serves as the Presidentand Managing Principal of Shield Environmental and brought a perspective of a vendor in Commercial Real Estate, assisting commercial real estate principals on the Environmental process.
Dow manages the Assessment andRemediation Group and over the course of hiscareer, he has assisted many industrial facilitiesand municipalities with industrial complianceissues including the proper characterization andhandling of solid, special, and hazardous waste.
Environmental studies are a massive part of the due diligence process in Commercial Real Estate and Development, and we were able to get into the details of how that works as well as some common misconceptions.
Hosted by Weston Lockhart
Subscribe to the DevelopLex newsletter here
DevelopLex is proud to be supported by:
SVN Stone Commercial Real Estate
Craftsmen Contractors
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister -
45. Jake Riordan on organically shifting into Development
Jake Riordan is a Lexington based developer and is involved in several projects around town currently.
Organically through his time in Lexington Jake has gone from house flipping to developing ground up retail/residential developments such as Ethington Shoppes (think Chick-fil-A and 7 Brew on Harrodsburg Road) and has some key takeaways to share.
Jake talks lessons learned along the way, how to balance development with 5 (yes five) kids, and indicators of success in a potential new project that he’s learned over time.
Hosted by Weston Lockhart
Subscribe to the DevelopLex newsletter here
DevelopLex is proud to be supported by:
SVN Stone Commercial Real Estate
Craftsmen Contractors
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister -
44. DevelopLex Roundtable with Weston and Ross
DevelopLex Season 3 wraps up with Weston and Ross recapturing moments from this season, lessons learned, take aways from the third live event and observations of our market.DevelopLex Season 4 will launch in 2024.
Subscribe to the DevelopLex newsletter here
Hosted by Weston Lockhart and Ross Boggess
DevelopLex is proud to be supported by:
Bank Of The Bluegrass
SVN Stone Commercial Real Estate
Craftsmen Contractors
Rapid Fire Investments
Learn more about Middle Tech and our network of shows at MiddleTech.com
Intro music by SmithTheMister
Customer Reviews
Great Insights!
DevelopLex provides great insights into the real estate industry, Lexington’s history and future and life lessons from an impressive line up of guests!!
Informative and Impactful
I love hearing how the Lexington real estate landscape has changed from the individuals who have helped change it. Very good!
Great stories!
The real estate development stories are interesting to hear how Lexington has grown. Nicely produced show!