Study says renovating Lexington, Ky., arena would be cheaper than new construction

From The Lexington Herald-Leader: A feasibility study shows it would cost less than half as much to renovate Rupp Arena than to demolish the University of Kentucky basketball venue and build another one. The report concludes the city of Lexington could overhaul the downtown arena for $110 million to $130 million. That would compare with between $300 million and $325 million to replace it.