The Summit at Fritz Farm

What The Summit at Fritz Farm does

The Summit at Fritz Farm is a Class A mixed-use real estate destination located at the intersection of Man O War Boulevard and Nicholasville Road in Lexington, Kentucky. The property is owned and managed by Hendricks Commercial Properties, a private commercial real estate firm. The asset integrates more than 60 street-level retail shops, 12 chef-driven dining options, modern Class A office space (The Offices at Fritz Farm), 306 luxury apartments (The Henry at Fritz Farm), and a 120-room boutique hotel (Origin Hotel) along with a SpringHill Suites by Marriott. The retail tenant mix blends premium national brands (Apple, Nike, lululemon, Whole Foods Market, Sephora, Anthropologie, Williams-Sonoma) with chef-led regional restaurants (Honeywood by Ouita Michel, Texas de Brazil, Shake Shack, Grimaldi's Brick Oven Pizzeria, Blue Sushi Sake Grill, Cafe Patachou). Office tenants span financial services (Charles Schwab, Bank of America), private equity (Monomoy Capital Partners), technology (Bitwerx, Trace3), and healthcare/insurance.

The business model is anchored on commercial property rental — leasing retail, restaurant, and office space to national and local tenants on recurring lease terms, supplemented by percentage rents tied to tenant sales performance. A secondary revenue stream is the Summit Gift Card program, usable across all stores, restaurants, and the Carmike Summit 16 movie theater, with a charitable giving component (Card for A Cause). Residential and hospitality components (The Henry apartments and Origin Hotel) contribute additional rental and lodging income under separate operators but within the unified development. Customer acquisition for tenants is driven by the leasing team (VP of Leasing Krista Wood), while consumer traffic is driven by community events (Maserati Mingle, Christmas in July Summer Bash), social media presence on Instagram and Facebook, email marketing via Constant Contact, and the property's positioning as 'Lexington's best shopping destination.' No pricing is publicly disclosed; tenant lease terms are negotiated on a quote basis.

Name

The Summit at Fritz Farm

Legal name

The Summit at Fritz Farm

Website

https://fritzfarmlex.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

The Summit at Fritz Farm is a Class A mixed-use real estate destination in Lexington, KY, owned by Hendricks Commercial Properties, integrating 60+ retail shops, 12 restaurants, Class A office space, 306 luxury apartments, and a 120-room boutique hotel.

Ownership category

akta.pro rank

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Commercial Property Rental: The primary revenue stream comes from leasing retail storefronts, restaurant spaces, and Class A office suites to national brands and local businesses. Rental income is supplemented by percentage rents based on tenant sales performance.
2. Gift Card Program: The Summit gift cards can be used throughout The Summit at all stores and restaurants, plus Carmike Summit 16 movie theater. Card for A Cause program supports charitable organizations with portions of purchases donated.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

The Summit at Fritz Farm is a mixed-use real estate development in Lexington, Kentucky, that leases and manages commercial space including 60+ street-level retail shops, 12 dining venues, modern Class A office suites (The Offices at Fritz Farm), 306 luxury apartments (The Henry at Fritz Farm), and a 120-room boutique hotel (Origin Hotel with 33 Staves restaurant). The company also operates a property-wide Summit Gift Card program and a Card for A Cause charitable giving initiative. Revenue is generated primarily through rental income and percentage rents from tenant businesses.

Product overview

Fritz Farm (The Summit at Fritz Farm) is a carefully cultivated mixed-use destination in Lexington, Kentucky, featuring a portfolio of over 60 street-level retail shops with 12 dining options, modern Class A office space (The Offices at Fritz Farm), 306 luxury apartments (The Henry), and a 120-room boutique hotel (Origin Hotel). The retail offering includes national brands (Apple, Nike, lululemon, Whole Foods Market) and local favorites across categories including fashion (Anthropologie, Free People, J. McLaughlin), home goods (Pottery Barn, Williams-Sonoma, Arhaus), wellness (Orangetheory Fitness, Hand & Stone Spa, Belle Vie Medspa), beauty (Sephora, LUSH Cosmetics, Cos Bar), and dining (Texas de Brazil, Shake Shack, Grimaldi's Pizza). Office tenants include technology firms (Bitwerx, Trace3), financial services (Charles Schwab, Monomoy Capital Partners), and medical practices. The property serves as a community gathering place with amenities including fire pits, outdoor dining, pet-friendly areas, and 24/7 security. The Summit Gift Card program enables purchases across all tenants with charitable giving options.

Differentiator

Problem solved

Functional benefit

Products and services

• The Offices at Fritz Farm Class A office space within The Summit at Fritz Farm offering modern, build-to-suit office suites to business tenants seeking walkable retail, dining, hotel, and outdoor amenities, with private 2nd-level employee parking plus surface and covered parking.
• The Henry at Fritz Farm (Luxury Apartments) 306 luxury apartment units within the Fritz Farm development, serving as a residential component of the mixed-use destination with direct access to retail and dining.
• Origin Hotel 120-room boutique hotel within The Summit at Fritz Farm providing accommodations and event hosting for travelers and visitors, with an on-site restaurant (33 Staves).
• Summit Gift Card Property-wide gift card accepted throughout The Summit at Fritz Farm at all participating stores, restaurants, and Carmike Summit 16 movie theater, including the Card for A Cause program that donates portions of purchases to charitable organizations.
• Commercial Retail and Restaurant Leasing Leasing of street-level retail storefronts and restaurant spaces to national brands and local businesses, with base rent supplemented by percentage rents based on tenant sales performance.
• 33 Staves at the Origin Hotel On-site restaurant at the Origin Hotel within The Summit at Fritz Farm serving a modern southern-inspired, seasonally crafted menu with bourbon-forward cocktails and locally sourced ingredients.

Named customers24 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• Bluegrass Creative MarketminorGTM or Marketing PartnerHosts Summer Market featuring talented local makers and unique finds at Fritz Farm events like Christmas in July Summer Bash. Vendors can contact at [email protected].
• AJ Foyt RacingminorStrategic or Co-development PartnerAJ Foyt Racing partnered with Hendricks Commercial Properties to raise funds for Homes For Our Troops in 2026, running No. 14 Chevrolet in patriotic livery for the entire NTT INDYCAR season.
• Homes For Our TroopsminorOthersCharitable organization benefiting from AJ Foyt Racing partnership. Mission to build and donate specially adapted custom homes for severely injured post-9/11 Veterans.
• Keeneland Concours d'EleganceminorGTM or Marketing PartnerHosted Maserati Mingle as Keeneland Concours d'Elegance preview event at Fritz Farm, featuring Trippin' Roots live music and luxury car displays.
• Origin HotelcoreChannel Partner/ Reseller/ Distributor120-room boutique hotel located at Fritz Farm with 33 Staves restaurant. Part of the mixed-use development's hospitality component.
• The Henry at Fritz FarmcoreChannel Partner/ Reseller/ Distributor306 luxury apartment community within Fritz Farm development offering contemporary living with access to shopping and dining amenities.
• SpringHill Suites by MarriottcoreChannel Partner/ Reseller/ DistributorNewest all-suite hotel in south Lexington, part of Fritz Farm's hospitality offerings for visitors.
• Carmike Summit 16minorChannel Partner/ Reseller/ DistributorMovie theater accepting Summit gift cards, adding entertainment component to the mixed-use development.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Halcyon: A Forsyth County, GA mixed-use development integrating retail, dining, office, and residential in a walkable format. Closely comparable to Fritz Farm on the live-work-shop layout and premium national-brand merchandising.
• Crocker Park: Westlake, OH mixed-use development featuring street-level retail, dining, office, luxury apartments, and a hotel, with a 'new urbanism' walkable design comparable to Fritz Farm's curated, lifestyle-led positioning.
• Bridge Street Town Centre: Huntsville, AL open-air lifestyle center combining national retailers, restaurants, Class A office, and hotel/residential components — a close structural analog to Fritz Farm's mixed-use destination model.
• The Summit Birmingham: An open-air mixed-use lifestyle center in Birmingham, AL combining premium retail, dining, and Class A office in a single destination — directly analogous in format and merchandising strategy to The Summit at Fritz Farm.
• The Greene: Beavercreek, OH open-air mixed-use lifestyle center combining national retailers, restaurants, Class A office, and residential — a directly comparable mid-market mixed-use destination.

Broad incumbents

• CityCentre (Houston): Houston mixed-use development with retail, dining, Class A office, hotel, and luxury apartments — comparable curated work-live-play format though at a meaningfully larger scale than Fritz Farm.
• Rosedale Center: Roseville, MN regional mixed-use retail center owned by an institutional sponsor with premium tenants, mixed-use elements, and an upscale positioning broadly comparable to Fritz Farm's merchandising.
• The Domain: Austin, TX high-end open-air mixed-use center with retail, dining, office, and multifamily. A more mature and larger-scale example of the same destination-mixed-use format Fritz Farm operates at smaller scale.

Others

• Hendricks Commercial Properties: The parent owner/operator and asset manager of Fritz Farm. Comparable as a peer via the multi-property commercial real estate portfolio it manages across multiple states — relevant for understanding owner-level strategy and capital structure.

Regional players

• Destin Commons: Destin, FL open-air lifestyle center with premium retail and dining mix; comparable merchandising philosophy (national brands alongside local favorites) but located in a tourism-driven Florida market rather than Lexington.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/thesummitatfritzfarm
• Instagraminstagram.com/thesummitatfritzfarm
• Xx.com/summitfritzfarm
• LinkedInlinkedin.com/company/the-summit-at-fritz-farm

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Summit at Fritz Farm