Phil Holoubek

Mr. Holoubek is the founder and President of LRC Real Estate. Since earning his MBA from the University of Oregon in 1995, he has kept the words of his mentor close to his heart: “You can do good and do well; the two are not mutually exclusive.” Since 2000, Phil has been passionately pursuing transformation in downtown Lexington. His development philosophy is rooted in urbanism – reforming the design of the built urban environment and raising the standard of living by creating better places to live. He has implemented this philosophy in each of his downtown projects.These developments have been highly successful and well received by young professionals, retirees, and other advocates of Lexington’s vibrant Downtown community.

LRC was formed with the goal of providing affordable quality rental options in Lexington’s disadvantaged neighborhoods. After achieving this goal by renovating existing dilapidated properties and renting them at market rates to hundreds of residents, Phil and LRC moved to developing new properties. Previous development projects have resulted in over $50 million in downtown real estate. LRC is considered “The Downtown Experts”, a reputation earned from years of dedication to bringing responsible improvement to downtown Lexington. Phil is actively involved in many civic organizations and ventures that share his goals for Lexington. He was among the founders of the Lexington Young Professionals Association, which now boasts nearly 1000 members. Phil has served on the boards of the Lexington Center, the Downtown Lexington Corporation, the Urban League and several other local organizations. Additionally, he has served on community task forces designed to improve LFUCG budgeting practices, LexTran operations, and has served on the Steering Committee for the Downtown Development Authority’s Downtown Lexington Master plan.

Community Board Positions

LYPA (founder) | 2000 – 2003

Downtown Lexington Corp. | 2003 – 2006

Tenant Services | 2003 – 2006

Urban League | 2005 - 2011

Knight Foundation | 2007 – 2010

Lexington Center/Rupp Arena | 2004 – 2012

Fayette County Development Corp.  | 2006 - 2016

Bluegrass Community Foundation | 2008 – 2014

Community Ventures Corp | 2010 - 2013

Big Brothers Big Sisters | 2011 – 2015

Economic Development Board | 2011 – 2020

Bluegrass Sports Commission | 2014 – present

Downtown Management District | 2017 – present

Field & Main Bank | 2020 - present

Congress for New Urbanism (CNU) | 2021 – present

Governor’s Bike Commission | 2022 - present

Other Civic Involvement

Infill & Redevelopment Steering Committee | 2004- 05

LFUCG Budget Task Force | 2004 - 2005

Downtown Master Plan Steering Committee | 2004 - 2006

Community Land Trust Steering Committee | 2004 – 2006

Second Sunday Founding Committee | 2005 - 2009

Planning Committee, CL Oklahoma City Trip | 2006

Vine St. Linear Park Task Force | 2006 

Downtown Circulator (trolley) Task Force | 2007 

Planning Committee, CL Boulder, CO Trip | 2007

LFUCG Infill, Quality of Life Task Force | 2007

Entertainment Task Force | 2007

Legacy Trail Steering Committee | 2007 - 2011

Planning Committee, CL Austin, TX Trip | 2008

Planning Committee, CL Madison, WI Trip | 2009

LFUCG Government Center Task Force | 2009

The Lexington School, ‘Celebration’ Chair | 2009 - 2010

Creative Cities Summit, Producer | 2010

Living Arts & Science Center, Campaign Chair | 2011 - 2012

Triangle Foundation | 2003 – present

KAMP House | 2003 - present

Downtown Streetscape Task Force | 2007 – 2011

Main & Rose HOA | 2007 - 2015

Nunn Lofts HOA | 2007 – 2015

Midland Avenue TIF District | 2013 - present

Tree Canopy Steering Committee | 2014 – present

Downtown Design Excellence Steering Committee | 2014 – present

Infill & Redevelopment Committee | 2023 - present

Development Awards

Main & Rose-

Winner AIA Architectural Award

Winner Herald Leader Reader’s Choice Poll (Best Downtown Development

Winner LFUCG Historic Preservation Award

Winner Bluegrass Tomorrow Vision Award

Winner Downtown Lexington Corporation Downtown Streetscape Award

Winner Downtown Lexington Corporation Urban Innovation Award 2008

2^nd Place Ace Weekly Best of Lex Reader’s Poll (Best Local Lofts)

Nunn Lofts-

Winner Best Local Lofts (Ace Weekly Best of Lex Reader’s Poll)

Winner Best Old Building Rehab (Ace Weekly Best of Lex Reader’s Poll)

Winner Bluegrass Tomorrow Vision Award

Winner Downtown Lexington Corporation Urban Innovation Award 2009

The MET-

Winner Downtown Lexington Partnership Urban Innovation Award 2022

Civic Awards

March of Dimes “Building the Community” Award

Urban League Young Professionals “Community Service” Award