Retrofit Atlas

Office parks · Kentucky

Capital Plaza

Imported, unreviewedRedevelopedRetrofit builtFrankfort, KY

Retrofitted office park (Mayo-Underwood Building) completed 2018; no current development opportunity. · summary, model-written

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Site profile2 elements · what this retrofit is built with · tap a chip for the evidence

Strategy
RedevelopedThis site: The Mayo-Underwood State Office Building record · all sites with this
New use
OfficeThis site: The Mayo-Underwood State Office Building newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit builtnewtypes-extraction reported
StrategyRedevelopedWikipedia no source
New usesofficeWikipedia no source
What is there nowThe Mayo-Underwood State Office Buildingnewtypes-extraction reported
Retrofit year2018newtypes-extraction reported

Site context

Housing permits, Franklin County (KY), 20240 units in 5+ unit buildings, 0 in 2–4, 123 single-family; 2023: 0 in 5+Census BPS
Retail trade in the county, 2025 (BLS QCEW)2,464 jobs in 222 establishments; average annual pay $35,769; employment location quotient 0.71; employment +0.3% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 202210,681 jobs; 191 in retail trade, 238 in accommodation and food (workplace blocks summed to tract 21073071200)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 34th income percentile as adults; 2.1% incarcerated at the 2010 count (512 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)low-income, low-access tract (1 mile urban / 10 miles rural); 73% of residents more than 1 mile from a supermarket; poverty rate 32.9%; median family income $36,604; 419 SNAP householdsUSDA ERS
SchoolsFrankfort Independent School District (PK-12); 4 public schools within 1 mile: Second Street School; Frankfort High School; Panther Transition Academy; Frankfort Early Learning AcademyNCES EDGE
Elevation504 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-202577 county-logged events: 43 thunderstorm wind, 15 flash flood, 10 hail, 6 flood; $285,000 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 40601, 2026-09median list price $303,250 (-2.2% on the year); 136 active listings; median 57 days on market; 26% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 2023197 establishments (+10%); 2,412 jobs (-1%)Census CBP
Housing market in the countytypical home value $248,638 (+0% 1 yr, +31% 5 yr); typical rent $989/mo (+0% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)15,318 vehicles a day on WILKINSON BLVD (principal arterial, 4 lanes); 1,737 trucks; 36 counted segmentsFHWA HPMS

Summary, model-written

Capital Plaza opened in 1972 as a mixed-use complex (office, hotel, retail, convention center) in Frankfort, KY. It closed in 2018 after the office tower was demolished. The site was retrofitted as an office park, completed in 2018, and now houses the Mayo-Underwood State Office Building.

Why. The retrofit was completed in 2018 (per 'year_retrofit' and 'after_notes'). The opportunity score is 0.0 because the retrofit is already built, per 'opp_reasons'.

Where it stands. Status: 'built' (retrofit complete). No current development opportunity exists. Peer sites (e.g., Raleigh Springs Mall, Cortana Mall) followed similar redevelop strategies but closed earlier (2015-2017).

For a planner

  • No active development pending (retrofit complete).
  • State office use confirmed (Mayo-Underwood Building).
  • Traffic data: 15,318 ADT on Wilkinson Blvd (principal arterial, 4 lanes).

For a developer

  • No opportunity: retrofit already built (score 0.0).
  • Peer conversions show similar timelines but no current market gap noted.

What we do not know yet

  • No current tenant or occupancy data provided.
  • Housing/retail trends (ZHVI, ZORI) not directly relevant to office retrofit status.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • Raleigh Springs Mall, Memphis, TN · Malls · opened 1971; closed 2016; same strategy: redevelop
  • Cortana Mall, Baton Rouge, LA · Malls · opened 1976; closed 2021; same strategy: redevelop
  • Six Flags Mall, Arlington, TX · Malls · opened 1970; closed 2016; same strategy: redevelop
  • NOHO West, North Hollywood, CA · Malls · opened 1968; closed 2016; same strategy: redevelop

Elsewhere on the web

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

  • retrofit already built

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1972newtypes-extraction
Closed2018newtypes-extraction reported
AnchorsHoliday Inn, Frankfort
CountyFranklin County
Census division6 · East South Central
NotesDraft from Wikipedia, model-extracted, unreviewed: The Capital Plaza, a complex with an office tower, hotel, shoppes, and convention center, was demolished in 2018 due to disrepair and replaced by a new state office building in 2019.

Not yet recorded: acres, GLA, original developer. Know it? Tell us.

Timeline

  1. 1972 Capital Plaza Office Tower opened
  2. 1972 Convention center opened
  3. 1972 Opened
  4. 2000 Plaza fell into disrepair
  5. 2008 Demolition recommended
  6. 2018 Office tower demolition completed
  7. 2018 Closed
  8. 2018 Retrofit: redevelop
  9. 2019 New Mayo–Underwood Building opened

Sources

  • Frankfort, Kentucky · CC BY-SA 4.0
    7 quoted sentences
    The Capital Plaza
    The Capital Plaza Office Tower opened in 1972
    Demolition of the nearby convention center, which opened in 1972
    By the early 2000s, maintenance of the concrete structures had been neglected and the plaza had fallen into disrepair

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