Continental Properties Breaks Ground on 268 New Apartments to Meet Kentucky Housing Demand
Nicholasville, Wednesday, 29 April 2026.
Continental Properties has started building a 268-home community in Nicholasville, Kentucky. This strategic expansion targets growing housing demands, signaling strong investor confidence in secondary U.S. real estate markets.
Expanding the Footprint in the Lexington Market
Announced via a press release on April 27, 2026, the newly initiated project, named Springs at Colts Run, will bring a 268-home garden-style apartment community to the southwest corner of Colts Run and U.S. Highway 27 in Nicholasville [1]. The development is designed to cater to a diverse demographic, offering a mix of studio, one-, two-, and three-bedroom homes, complete with private ground-level entrances and options for attached garages [1]. Doster Construction has been tapped to lead the building efforts for the site [1].
Modern Amenities and Strategic Timelines
To remain competitive in a market increasingly leaning toward lifestyle-oriented housing, Continental Properties is integrating an extensive suite of amenities into the Springs at Colts Run. The community will feature a clubhouse, fitness center, resort-style pool, walking trails, a pickleball court, and a dog park, alongside modern necessities like EV charging stations and a package center [1]. Heather Riggs, Senior Vice President of Multifamily Operations, emphasized that the design aims to create a living experience that aligns with modern preferences [1]. This focus on premium amenities mirrors broader regional trends, as seen with other upcoming local complexes like The Remington in Lexington, which similarly boasts a resort-style heated pool, exclusive cyber cafe, and pet spa [2].
Broader Trends in Regional Housing Development
The Nicholasville development is part of a much larger operational scale for Continental Properties. Founded in 1979, the firm has historically maintained a robust pipeline, having developed 142 apartment communities that encompass over 39,000 apartment homes across multiple states [1]. The Springs Apartments brand, which the company launched in 2001, is specifically tailored to offer townhome-style designs with abundant natural light and onsite customer service teams [1].