Continental Properties Begins Construction on Springs at Colts Run, a 268-Home Apartment Community in Nicholasville, Kentucky

NICHOLASVILLE, Ky. — Continental Properties announced the groundbreaking of Springs at Colts Run, a new garden-style residential community featuring 268 apartment homes located at the southwest corner of Colts Run and U.S. Highway 27 in Nicholasville, Kentucky. The community will offer studio, one-, two-, and three-bedroom homes with private ground-level entrances and attached garage options.  

 “At Springs at Colts Run, we’re creating a living experience that reflects how people want to live today,” said Heather Riggs, Senior Vice President of Multifamily Operations at Continental Properties. “Residents will have the privacy and ease that define our Springs communities, along with amenities that support active lifestyles and everyday convenience, all in a well-connected Nicholasville location.”  

 Located along U.S. Highway 27, Springs at Colts Run offers convenient access to both Nicholasville and the greater Lexington area, with proximity to major employers including the University of Kentucky, UK HealthCare, Baptist Health Lexington, and local employers such as Alltech, Walmart, and Donaldson Company.  

 “Lexington and the surrounding area continue to see strong demand for quality housing, supported by steady job growth and limited new supply,” said Henry Houden, Vice President of Acquisitions at Continental Properties. “Springs at Colts Run builds on our established presence in the market, bringing thoughtfully designed housing to a location that continues to grow and attract residents.”

The community will feature a clubhouse and pool, fitness center, walking trails, pickleball court, dog park, and outdoor gathering spaces, including grilling areas and outdoor seating. Additional amenities include a car care center, package center, and EV charging stations.

Construction will be led by Doster Construction, which has completed nearly 10 Springs communities and brings deep experience with Continental’s Springs product. Springs at Colts Run further expands Continental’s growing footprint in the Lexington market, including Springs at Hamburg and Springs at Polo Club, which broke ground in November 2025.

Pre-leasing is expected to begin in winter 2026, with initial move-ins anticipated in April 2027 following completion of the community clubhouse and first residential building

About Springs Apartments       

Since 2001, the award-winning Springs Apartments, owned and operated by Continental Properties, has provided residents with a unique living experience in convenient locations throughout the country. Featuring townhome-style designs with private entrances, stylish finishes, abundant natural light, resort-style amenities, pet-friendly policies, and friendly onsite customer service teams, Springs communities are the perfect place to call home.    

About Continental Properties        

Continental Properties is a National Multifamily Housing Council Top 25 developer, owner, and operator of rental home communities, retail, and hospitality properties. Since its inception in 1979, the company has developed 142 apartment communities, encompassing over 39,000 apartment homes across 20 states. In addition to its development portfolio, Continental Properties has strategically acquired nine apartment communities, further expanding its national footprint.