Mount Eden
Mount Eden, KY · Events
WKYT 27
Lexington Herald-Leader
Kentucky landmark sold: What's next for Frankfort's Capital Plaza Hotel
A Central Kentucky landmark is about to get a major makeover after 40 years. The Capital Plaza Hotel on Wilkinson Boulevard announced that it is now under new ownership with a multimillion-dollar renovation in the works. Franklin DevCo, which was organized in 2024 by Georget T. Underhill III, purchased the hotel in December 2024 for $7 million. The 163-room property will be renovated using $33 million in industrial revenue bonds issued through Franklin County and the Franklin County school system. The property also has been awarded a potential $7.5 million in historic tax credits as well as $1.4 million in state tourism tax incentives, according to a spokesperson. The hotel is planning a spring 2027 debut. The update will include a multilevel penthouse, a new grand ballroom and about 25,000 square feet of meeting and event space, according to a news release. The project also will include two new restaurants and a lobby bar. “We know people in Frankfort have a personal connection to this hotel, and we take that responsibility seriously,” said Colin Underhill, representing Franklin DevCo, in a statement. “Our focus is on getting the details right and making improvements that people will appreciate for years to come.
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Heartwood Farm Buys Midway Memories for $320K
The Keeneland November Horses of Racing Age Sale is known as a marketplace for racehorses, including many geldings and racing and stallion prospects. But a 4-year-old filly also drew interest Nov. 12 during the single-session auction—but not for her racing upside—for her potential as a broodmare. Midway Memories...
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WKYT 27
Lexington Herald-Leader
Will Jim Beam distill next year in Clermont? The latest on Kentucky's bourbon giant
Major Kentucky distillery Jim Beam, which stunned the world in December 2025 b y closing its Clermont distillery for a year , plans to keep it offline at least through 2027. “We’re going to continue to have distillation paused at our Clermont distillery,” said Suntory president and CEO Greg Hughes in an interview with the Herald-Leader. “But Clermont remains a very active part of our Kentucky operations.” The campus, which has been the bourbon brand’s home just outside of Bardstown for 90 years, continues to operate tours and visitor experiences as well as bottling, aging, warehousing and other daily activities. But the bulk of distilling shifted to the larger industrial Booker Noe distillery in Boston. Hughes said that after a $400 million expansion there a few years ago that increased distilling capacity by 50%, Beam was able to meet current distilling demands there while making improvements at the Clermont site. They’d originally planned to reopen sooner and still will someday. “We’ll move back at some point to distilling at Clermont,” he said. “If demand accelerates dramatically, we have the flexibility to go back into production at Clermont. Obviously, we need to get the infrastructure improvements made, which will take us