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Northern Kentucky: Random Development and News

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Apartments, new county offices fuel Covington development

 

Add at least $115 million to the amount of projects in development or under construction in Greater Cincinnati.

 

That’s the minimum amount of investment taking place in the city of Covington. We’ve added eight Covington projects to the Crane Watch map.

 

More below:

http://www.bizjournals.com/cincinnati/news/2017/03/23/apartments-new-county-offices-fuel-covington.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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I have a feelingn (perhaps just naive optimism) that the opening of the <a href="http://hotelcovington.com/">Hotel Covington</a> (scheduled to open in August) is going to mark a tipping point for retail in Covington. I was exploring Covington recently and was reminded of how incredible the streetscape of Madison Ave is, especially around the intersection with Pike Street. Each building is so different from its neighbor and the architectural details are stunning. In between 6th and 8th streets along Madison, we will have Hotel Covington, Braxton Brewing, and the Madison Theater. Each of those spaces is (or will be) a regional draw, and I suspect we will see other storefronts start to open up to capitalize on the draw.

 

 

Don't forget the "Duveneck Square" project, which will activate even more of this corridor:

http://www.bizjournals.com/cincinnati/morning_call/2015/12/massive-covington-mixed-use-project-moves-forward.html

Ground has been cleared for this project. Construction should start soon.

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Development team drops pursuit of huge NKY project

 

One of the three construction and development teams that was chasing the massive redevelopment of the former Bavarian Brewing site in Covington has decided not to pursue the project.

 

More below:

http://www.bizjournals.com/cincinnati/news/2017/04/12/exclusive-development-team-drops-pursuit-of-huge.html

 

bavarianbrewing*660xx899-1198-233-0.jpg


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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For those that don't get down to Covington too often, Duveneck Square apartments are rising quickly, at least compared to some of the other large apartment projects around town.

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Developer plans up to 200 luxury condos on NKY hillside

 

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A luxury condominium developer plans to build up to 200 condos on a Northern Kentucky hillside.

 

More below:

http://www.bizjournals.com/cincinnati/news/2017/05/24/developer-plans-up-to-200-luxury-condos-on-nky.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Duveneck Square lands restaurant as first tenant

 

As revitalization continues in the city of Covington, a mixed-use development in the urban core is taking shape and has a commitment from its first tenant, a restaurant.

 

Phase 1 of Duveneck Square will feature 110 apartments and retail.

 

More below:

http://www.bizjournals.com/cincinnati/news/2017/06/08/duveneck-square-lands-restaurant-as-first-tenant.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Kenton County selects team for huge NKY project

Jun 21, 2017, 4:07pm EDT

Tom Demeropolis

Senior Staff Reporter

Cincinnati Business Courier

 

exterior-rendering-1*660xx7680-4320-0-0.jpg

 

Kenton County has selected a team to redevelop the former Bavarian Brewing property into the county’s administration campus.

 

A team led by Turner Construction Co. has been selected to create about 80,000 square… more

 

http://www.bizjournals.com/cincinnati/news/2017/06/21/kenton-county-selects-team-for-huge-nky-project.html

 

 

 

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The team led by Turner Construction Co. has been selected to create about 80,000 square feet of administrative office space to house the Kenton County Fiscal Court at 1200 Jillian’s Way in Covington. The other members of the team include engineering consultant Brandstetter Carroll Inc., architecture firm SFA Architects Inc., structural engineer THP Limited Inc., developer/design-builder Al Neyer and real estate developer Urban Sites.

 

Wow! Cool to see Urban Sites branching out into other neighborhoods (and cities) and taking on larger projects.

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$15 million high-end condo development coming to NKY hillside

 

verandasviewsexteriorback*750xx1800-1013-0-94.jpg

 

A luxury condominium developer is getting ready to start on a $15 million second phase of high-end condos.

 

JoshuaOne, the developer of the Views in Covington, is starting construction on the Verandas @TheViews. The 18-unit building will offer condos between $800,000 and $1 million, as well as a $2 million upper-floor penthouse condo.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/07/13/15-million-high-end-condo-development-coming-to.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Hotel tax increase OK'd; paves way to expand NKY convention center

 

Northern%20Kentucky%20Convention%20Center.jpg

 

Expansion of the Northern Kentucky Convention Center got the green light this week when the Boone County Fiscal Court unanimously approved a 1 percent increase in Northern Kentucky’s hotel bed tax.

 

Boone County's vote follows unanimous votes earlier this summer by the Campbell and Kenton fiscal courts. Under state statue, the region's three county fiscal courts were required to approve the increase.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/08/10/hotel-tax-increase-okdpaves-way-to-expand-nky.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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$40M MainStrasse project to use unique financing

 

A nearly $40 million mixed-use project in Covington’s MainStrasse Village will be the first new development in Kentucky to use a unique type of financing.

 

River Haus, a 187-unit luxury apartment building with commercial space and parking being developed by Flaherty & Collins Properties, will be the first new construction project in Kentucky to use an Energy Project Assessment District to finance energy efficiency improvements. The district allows Property Assessed Clean Energy, or PACE, financing to pay for improvements.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/08/21/exclusive-40m-mainstrasse-project-to-use-unique.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Kent Building(201 Grandview) in Bellevue Ky is asking for a map adjustment next Monday to increase its density in the zone to infinite. The developer is looking to add 66 units with parking for each unit on the 1st floor of the unit. It will be market rate with studios,1 bedroom and 2 bedroom floor plans. Orleans is the developer same as the Boone Block in Covington.

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Brewery out as developer unveils new plan for historic theater

 

cfiles64565.jpg

 

The developer behind Walnut Hills' Fireside Pizza has a new plan for a historic Greater Cincinnati theater that at one point was going to become a craft brewery.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/12/06/exclusive-brewery-out-as-developer-unveils-new.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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EXCLUSIVE: City selects developer for prime riverfront property

 

The city of Bellevue has selected a developer for a prime piece of property along the Ohio River.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/12/09/exclusive-city-selects-developer-for-prime.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Construction starting on Covington’s next condo project

 

Orleans Development is preparing to start construction of its next condominium development in Covington.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/12/15/construction-starting-on-covington-s-next-condo.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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NKU plans $100M development with St. E medical office

 

Northern Kentucky University today revealed plans to build a $100 million mixed-use development at the gateway to its Highland Heights campus, which will be anchored by a St. Elizabeth Healthcare medical office building.

 

NKU will develop the site along U.S. 27 and Nunn Drive in partnership with Fairmount Properties of Cleveland. Construction of the initial phase of the multimillion-dollar development is expected to begin in mid-2018. The first phase of the development is expected to be completed in late 2019. The end date for all construction and total cost weren’t specified by NKU.

 

More below:

https://www.bizjournals.com/cincinnati/news/2017/12/18/st-elizabeth-medical-office-to-anchor-nku.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Big projects in Cincinnati, Dayton at the forefront for Crawford Hoying in 2018

 

Cincinnati area

 

Crawford said the company is working on a big project near Newport, Kentucky across the way from Cincinnati.

 

"We've been picky about where we go," he said. "But were we do go, density is the key."

 

Although he is stingy on details, Crawford said the project could be bigger than the Bridge Park development in Dublin. That's something, because Bridge Park now is planned at 2.5 million square feet of space being built over six years at a cost of $300 million. That includes 388,000 square feet of office space, 163,000 square feet of restaurant and retail space, a 76,000-square-foot grocery, 740 apartments and 111 condos.

 

More below:

https://www.bizjournals.com/columbus/news/2018/01/11/big-projects-in-cincinnati-dayton-at-the-forefront.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Could be a sale of the Ovation site from Corporex, or it could be the old Newport Steel site. With the extension of Route 9, the addition of New Riff distillery, and the move to make Buena Vista neighborhood a National Historic District, Newport has been actively trying to spur development and investment in the West side.

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Developers plan office complex, 700-car parking garage in Covington

 

As construction is wrapping up on the first phase of Duveneck Square in Covington, the development team and city officials are working together to start the next phase of the project.

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/01/30/exclusive-developers-plan-office-complex-700-car.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Former nursing home to be redeveloped into luxury apartments with a downtown view

 

A group of local real estate developers has purchased the former Newport Baptist Convalescent Home and plans to convert the building into luxury apartments.

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/02/05/exclusive-former-nursing-home-to-be-redeveloped.html


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$38 million mixed-use project in MainStrasse moves forward

 

johnrgreene22*300xx2133-1200-59-0.jpg

 

A roughly $38 million mixed-use project in the heart of Covington is another step closer to starting construction.

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/02/14/38-million-mixed-use-project-in-mainstrasse-moves.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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$38 million mixed-use project in MainStrasse moves forward

 

johnrgreene22*300xx2133-1200-59-0.jpg

 

A roughly $38 million mixed-use project in the heart of Covington is another step closer to starting construction.

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/02/14/38-million-mixed-use-project-in-mainstrasse-moves.html

 

Wow.  This is the exact sort of project that should be going up in Over-the-Rhine. 

 

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^Yeah I agree and good for Covington.

 

The Liberty and Elm could have been a big project like this and actually bigger but it got sliced and diced to nothing and now there is nothing there except what was already there before.  And now further down the line it is going to be more expensive to have anything for low income residents than it was before anyways.

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Keep in mind that a block away at 501 Main Street the River Haus development by Flaherty & Collins is well underway. There is currently a 20 foot deep hole where there was once a bank and surface parking lot. I'll take some pictures next time the weather cooperates.

 

Covington-CameraOne-1024x576.jpg

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The section of Covington north of Pike St. is becoming quite expensive.  But just steps south, south of MLK, it is comically inexpensive.  It's like transitioning from OTR prices to Elmwood Place prices in an instant. 

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With the new Kenton County offices moving into Bavarian Brewery, the center for great neighborhoods new offices on MLK and the newish St. Elizabeh location, I feel like the properties around Linden Grove Cemetery have to start rising soon.

 

MLK is just too wide and it acts as a real barrier to feeling like you are in the same walkable neighborhood as Mainstrasse, Pike street or Seminary Square.

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What's amazing about that road project is that they tore down everything on the south side of the street but built a parking lane.  Nobody needs to park there because there are no buildings.  And with the typical house in that area selling for $60k, there is no market push for new construction.

 

https://www.google.com/maps/@39.0767965,-84.5135334,3a,75y,298.1h,93.14t/data=!3m7!1e1!3m5!1sXgzwysM9Dutf0vJDxMGlvA!2e0!6s%2F%2Fgeo1.ggpht.com%2Fcbk%3Fpanoid%3DXgzwysM9Dutf0vJDxMGlvA%26output%3Dthumbnail%26cb_client%3Dmaps_sv.tactile.gps%26thumb%3D2%26w%3D203%26h%3D100%26yaw%3D171.65659%26pitch%3D0%26thumbfov%3D100!7i13312!8i6656

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While we are ranting...  That project fulfills it's function of getting people from I-75 to Newport faster, but even that it doesn't accomplish well. The really annoying thing is that even if you just look at the ability to move cars faster, it then jumps OVER the AA highway extension in Newport with no connection to help connect Covington to Ovation/downtown/the Levee. And if it's purpose was to be an East/West connection, it fails again because instead of aligning the 12th street bridge with 10th street in Newport which extends to Newport Pavillion and I-471, it connects to 11th which dead ends at Monmouth.

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