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Hillpointe Enters Central Kentucky Market with Multifamily Developments in Lexington and Nicholasville

Pointe Grand Citation brings 276 apartment homes to 2450 Georgetown Road alongside Jessamine County expansion

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The Lane Report Editorial Staff

Real Estate & Construction Desk, The Lane Report

August 12, 2026 4 min read

August 12, 2026

Lexington, Ky.– (AUGUST 12, 2026 ) Hillpointe, a leading vertically integrated real estate development and investment management firm specializing in attainable multifamily housing, today announced its expansion into Kentucky with the start of construction on Pointe Grand Citation at Lexington and Pointe Grand Rose at Nicholasville. Representing the firm’s first developments in the Commonwealth, the projects will bring a combined 868 attainable residences to the Lexington community.

“Entering Kentucky marks an exciting milestone for Hillpointe as we continue delivering high-quality attainable housing in communities where it’s needed most,” said Steven Campisi, Co-Founder and Managing Partner of Hillpointe. “Pointe Grand Citation and Pointe Grand Rose represent the beginning of our long-term investment in the Commonwealth, and we’re proud to help expand housing opportunities across the Lexington region.”

The projects come as communities across the Lexington region continue to experience strong residential and economic growth, driving demand for high-quality attainable housing. As part of larger master-planned communities, Pointe Grand Citation and Pointe Grand Rose will help expand housing opportunities while introducing new retail, services and neighborhood amenities to the area.

Upon completion, Hillpointe’s first two Kentucky communities will deliver a combined 868 homes. Pointe Grand Citation at Lexington will bring 276 apartment homes to 2450 Georgetown Road, as part of a larger master-planned development that will also include senior living, retail, hospitality and childcare. Pointe Grand Rose at Nicholasville, located at 3255 Lexington Road, will deliver 592 homes, including 480 apartment homes and 112 townhomes. The community is part of a broader mixed-use development featuring planned retail anchored by Kroger and Menards, creating a walkable destination for future residents.

Both communities will feature spacious two-bedroom residences with open-concept floor plans, modern finishes and smart home technology. In addition to its apartment homes, Pointe Grand Rose at Nicholasville will offer 112 townhomes, expanding housing options for future residents. Residents at both communities will enjoy a robust suite of amenities, including a fitness and wellness center with a sauna, Peloton bike and stair machine, a resort-style pool with cabanas, clubhouse with a coffee bar, conference room and business center, dog park, pet spa and outdoor fire pit.

Together, both communities will expand the supply of attainable housing while supporting the continued growth of two thoughtfully planned communities, reflecting the firm’s long-term commitment to creating high-quality housing in markets where it is needed most.

About Hillpointe

Hillpointe is a vertically integrated real estate development and investment management firm specializing in attainable multifamily housing across the Sun Belt. Headquartered in Winter Park, Florida, Hillpointe manages over $1.7 billion in equity capital and has been involved in the development, construction and management of more than 18,000 apartment homes with a capitalization exceeding $3.2 billion. The company currently owns and operates 45 properties totaling 12,075 units and was ranked No. 5 and No. 7 on NMHC’s 2026 lists of the nation’s largest multifamily developers and builders, respectively. For more information, visit www.hillpointe.com.

About Pointe Grand

Pointe Grand Communities is Hillpointe’s branded portfolio of attainable multifamily communities, focused on developing and managing high-quality apartment homes designed for today’s workforce. With an emphasis on consistency, innovation, and customer service, Pointe Grand delivers modern living environments that balance comfort, reliability, and a resident-first approach that ensures lasting impact and long-term stability. For more information, visit www.pointegrand.com.

Key coverage & project details

TransactionsLexington & Nicholasville, Central KYfayette-countyjessamine-countymultifamilyconstructionhillpointeAug 12, 2026The Lane Report
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