Coal Run, KY (WMDJ) — Gov. Andy Beshear has announced plans for a major economic development project in Pike County, as Weddington Plaza Partners LLC will invest nearly $6 million to restore and renovate the Weddington Shopping Center, which was heavily damaged during February’s flooding. The project will help retain up to 300 Kentucky jobs.
The investment will fund removal of damaged property, replacement of flooring, roofing and electrical components, and rebuilding of the flood wall. About $1 million has already gone toward initial repairs and cleanup. Developers expect roughly half of the shopping center to be restored and occupied within a year, with full completion expected within three years.
Gov. Beshear praised the project as a sign of Eastern Kentucky’s resilience, saying it represents “the positive impact that collaboration and teamwork can have on our communities.”
Coal Run Mayor Andrew Scott thanked state and local partners for their efforts to secure the funding and said the city looks forward to welcoming tenants and customers back to the plaza.
Weddington Plaza Partners has owned the property since 2019 and plans to restore it to its full potential as a key retail hub for the Pikeville and Coal Run area.
