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Northern Kentucky: Random Development and News

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They're selling lots on the project around O'Fallon and Van Voast, which is called "City View" (heck of a name, huh?). 

 

Only one actual built unit is listed, but there are also lots for sale for around $150K.  Here's a rendering of 441 Van Voast, which is going for $798,000.  It doesn't look very special to me, view or no view:

 

http://www.huff.com/web/search/SearchDetails.asp?mls=311010&prop=1089847

 

 

 

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Home builder Mercurio no longer single

Bought by Ackermann, it will expand condo business

By Jeff McKinney

Enquirer staff writer

 

The Ackermann Group and Mercurio Custom Homes will announce today they have merged, bringing together one of the region's upscale homebuilders and one of its largest commercial and residential development companies.  The deal was effective May 1 but is just being made public at the groundbreaking for Ackermann Group's Harbor Greene development in Bellevue, a $90 million project that will include 110 condos along the Ohio River.

 

THE NEW ACKERMANN GROUP

 

Mercurio Custom Homes has merged with the Ackermann Group. Here's a look at the combined company:

 

President and chief executive officer: Dobbs Ackermann.

Vice president/residential operations: Mark Mercurio.

Headquarters: Norwood.

Employees: 31

Revenue: Ackermann: would not disclose. Mercurio Custom Homes said it brought in $2 million in 2004.

Recent Ackermann projects: Built more than 265,000 square feet of office space in Norwood. This year the company plans to build more than 300,000 square feet of office and condo space. Upcoming projects include 110 condo units at Harbor Greene in Bellevue, a $90 million project, and The Cornerstone at Norwood, a $50 million development that will include about 285,000 square feet of office and medical space.

Recent Mercurio projects: About five custom homes per year.

 

MORE: http://www.enquirer.com

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From the 6/3/05 Kentucky Post:

 

 

Groundbreaking begins Harbor Greene project

By Troy Lyle

Post staff reporter

 

The long-awaited Harbor Greene development in Bellevue reached a historic moment Thursday, with about 200 people gathered for the official groundbreaking ceremony of the $90 million project.  The ceremony marked the first phase of the project, consisting of 38 condominiums.  The project, which will eventually include 110 condos along the Ohio River, involves three phases.

 

Of the 38 phase-one condos, some 15 have already been sold, which will also include office and retail space located adjacent to Joe's Crab Shack and Buckhead Mountain Grill along Patchen Avenue.  Condos will range from 1,800 to 5,000 square feet, priced from $400,000 to $1.6 million.

 

The 7.7-acre lot will also feature a bicycle and pedestrian path along the river, connecting Newport and Covington to Bellevue Beach Park, said Bellevue City Administrator Don Martin.  Eventually the path will connect Dayton and Ludlow in the second and third phases of the project, he said.

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050603/NEWS02/506030367/1011/RSS02

 

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"The interesting thing is it's a semi-urban development - you're still within your own community - a part of things."

 

why not make it urban?  everything that surrounds it is urban aside from the mistakes that have been built in the last 10 years or so.

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If I'm looking at this correctly, there is parking on the riverfront (or close to it, behind the building), correct?  Foolish.

 

How hard is it to put in a $240,000 landscape job for residents that have that view?


"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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This write-up appeared in last Sunday's NKY Sunday Challenger:

 

Full Boil in Bellevue

By Jason Feldmann

The Sunday Challenger

 

BELLEVUE - Twenty-five years ago, Bellevue council member Jack Meyer was part of the city's urban renewal community development project.  The plan: acquire the city's riverfront property from private residents and wait for the right development to come along.

 

Years have turned into decades, but finally, following a string of development projects from Covington to Newport, Bellevue was approached with a development that met its original vision of mixed-use office space and residential housing.

 

Now Bellevue's mayor, Meyer is thankful the city held out for the right development. Phase II of Port Bellevue (Harbor Greene) will include 100 condominiums in three mid-rise buildings, office space, a Gold's Gym (complete with pool), and 75,000 square feet of green space with trails for walking and biking.

 

http://www.challengernky.com/articles/2005/06/21/around_nky/doc42b2ecb211c01811190917.txt

 

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A small blurb appeared in a story for the 6/19/05 NKY Sunday Challenger:

 

 

...

 

Covington mayor Butch Callery says the city still needs to go through necessary steps with the Army Corps of Engineers for the Riverfront West development. Public meetings and input were incorporated in Phase I, with Phase II expected later this year.

 

"I don't expect to see anything for five or six years," said Callery about the mixed-use development that is expected to incorporate residential, commercial and green space.

 

"It'll be an exciting development. I think you might see as much as $300 million invested in it once we get underway," he added.

 

...

 

http://www.challengernky.com/articles/2005/06/21/around_nky/doc42b332d89b109978302853.txt

 

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I read today that a developer named Jeff Snyder is going to turn 804-806 Madison into luxury condos.  I don't have any pics of these buildings and I don't know if I could even pick them out of a lineup.

 

Help would be appreciated!

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From the 7/7/05 Kentucky Post:

 

 

Update on Mall Road study planned

By Denise Wilson

Post staff reporter

 

The evolution of Mall Road continues.

 

Cincinnati retail consultant Stan Eichelbaum will update Florence City Council on the progress of the Mall Road study on Tuesdayat its regular 7 p.m. meeting at the Government Center on Ewing Boulevard.

 

Eichelbaum's vision is to turn the aging corridor into a vibrant mixed-use, lifestyle center.

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050707/NEWS02/507070379/1011/RSS02

 

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City View in Bellevue has its website up.  They've got floor plans and a list of all of the amenities:

http://www.city-view.us/index.html

 

These things are starting at $650K and are 4008 square feet.  (Or 4 times bigger than my house.)

 

These are being built by Ashley Homes, which has a well-earned reputation for not building anything memorable.  The only rendering out there is the one I posted (Van Voast) a few posts ago.

 

I believe there are 7 lots and one lot (#1) is already sold.  (EDIT 7/9/05: I should note that one unit is actually built.  Those views look amazing--drive up O'Fallon Ave. just up over the railroad tracks.)

 

(Map not to scale...LOL....):

cityviewsiteplan8jd.jpg

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Leaks close Cov. Landing

Ill-fated complex would move to higher ground under plan

By Eileen Kelley  Enquirer staff writer

 

The floating Covington Landing entertainment complex could be moving to higher ground now that the city has announced an $8.7 million, land-based entertainment complex to replace the troubled river-based venture.  The last potato skins and frosty beer from T.G.I. Friday's were served Thursday night. City officials made the decision earlier that day to close the ill-fated floating barge, worried that new leaks posed a safety hazard.

 

Read full article here:

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050709/NEWS0103/507090353/1059/NEWS01

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The land-based plan would be nice to get rid of the surface lots that are now there. But I wonder what would go in there? If the Banks gets off the ground I'd assume most businesses would want to locate there instead of in Covington.

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Covington hopes to replace leaky barge with $8M complex

By Ryan Clark and Eileen Kelley  Enquirer staff writers

 

City officials looking to capitalize on their waterfront - in the wake of the closing of a local landmark - will take an $8.7 million development plan to business leaders later this month.  Covington officials announced the plan for an elevated entertainment complex just hours after closing Covington Landing, the troubled riverfront spot that housed a T.G.I. Friday's, but few other businesses in recent years.

 

City plans show the new complex would provide a 20,000-square-foot platform that could be used for restaurants and entertainment venues. The platform would offer river views, as well as links to the RiverCenter complex and the proposed Southbank walking and biking paths.

 

Read full article here:

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050710/NEWS0103/507100354/1059/news01

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From the 7/13/05 Enquirer:

 

 

Florence Mall plans about to be revealed

Big movie complex now in works, says consultant

By Brenna R. Kelly

Enquirer staff writer

 

FLORENCE - Aging Florence Mall is getting a makeover and a "sizeable" cinema complex is in the works nearby, says Florence's retail consultant working to revamp Mall Road.

 

Though he did not divulge specifics, Stan Eichelbaum said Tuesday night that announcements about the projects are coming soon.

 

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050713/NEWS0103/507130399/-1/rss

 

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It appears that not everyone is pleased with the vision for an Arts District.  From the 7/14/05 Kentucky Post:

 

 

Displaced salon irked at Covington

By Jeanne Houck

Post staff reporter

 

Covington officials look at a proposed new zoning map and envision a bustling arts and technology district emanating from the intersection of Madison Avenue and Pike Street.

 

Dottie Roedig sees it as an affront.

 

Roedig and her business partner, Larry Gleitz, have operated La Bod tanning salon at 118 Pike St. for 10 years.

 

...

 

http://news.kypost.com/apps/pbcs.dll/article?AID=/20050714/NEWS02/507140367/1014

 

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From the 7/13/05 Kentucky Post:

 

 

Revitalizing Mall Road corridor

Mall may play a crucial role

By Denise Wilson

Post staff reporter

 

A consultant hired to help Florence revitalize its aging Mall Road corridor said Tuesday that Florence Mall may play a key part in that plan.

 

The mall's owners intend to upgrade the interior of the complex and could follow that with improvements to the exterior, said consultant Stan Eichelbaum.

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050713/NEWS02/507130373/1011/RSS02

 

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From the 7/16/05 Kentucky Post:

 

 

Mall updating to maintain prominence

By Tony Cook

Post staff reporter

 

As a teenager, Brad Poindexter and his friends came to Florence's Mall Road to hang out at the mall and watch movies.

 

"This is where we came," said Poindexter, 36, of Lawrenceburg. "There weren't many options 20 years ago. There was this or Northgate, and we liked this better."

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050716/NEWS02/507160326/1011/RSS02

 

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$45,000 in memories sold off to help city

Money will contribute to replacing site of entertainment center

By Deborah Kennedy  Enquirer contributor

 

Following a public auction of restaurant equipment and memorabilia, Covington is a step away from saying good-bye to the leaky Landing for good.  More than 200 bidders flocked to Covington Landing on Tuesday to buy up pictures of James Dean and Marilyn Monroe, Tiffany lamps, bar stools, a wooden ship's wheel and University of Kentucky basketball souvenirs.

 

Loveland-based auctioneers Worley and Associates sold the merchandise that formerly graced the walls and kitchens of Applebee's, Sleepout Louie's and the Yucatan Liquor Stand.  About $45,000 in merchandise was sold, of which the city will receive about $35,000.

 

Read full article here:

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050720/NEWS0103/507200372/1059/NEWS01

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the damage under the barge must be pretty bad b/c they are still pumping water out of it, i'd think they'd have to repair that before they could even move it

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City scrambles to sell Covington Landing

By Bob Driehaus  Post staff reporter

 

Covington is pouring more than $3,500 a week into the vacant Covington Landing to pump water out of its porous hull as officials scramble to set an auction date to finally get rid of the albatross.  The city tried unsuccessfully to sell the floating entertainment and restaurant complex through a three-month contract with a real estate agent, and the situation has gone from bad to worse:

 

On June 28, a major leak sprung in the hull, prompting city officials to hire pumping contractors to keep the complex balanced in the water.  On July 9, after consulting with experts, the city asked TGI Friday's, the Landing's last tenant, to move out. Officials were concerned that a large piece of driftwood or a rapid change in water levels could further damage the Landing's barges and jeopardize customers and staff in the restaurant.

 

Read full article here:

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050723/NEWS02/507230315/1011/

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From the 7/24/05 Enquirer:

 

 

RENDERING: This is the proposed design for the accounting building.  Provided

 

Store's move aids neighbor

By Mike Rutledge

Enquirer staff writer

 

COVINGTON - A new beginning for a 116-year-old Covington store will mean new life for its former neighbor, the 141-year-old Ice House building at 424 Scott Blvd.

 

But that didn't make things easier for Rhonda McCardle, office manager for Covington Paper & Woodenware when she recently closed the doors for the last time after 34 years working at her company's former Scott Boulevard building.

 

...

 

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050724/NEWS0103/507240392/1059/NEWS01

 

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From the 7/26/05 Kentucky Post:

 

 

One step up, one step back

 

Timing is everything for a city wanting to turn a low-energy downtown into a place people want to shop, walk and just hang out, according to a research article published in March by the Brookings Institution of Washington, D.C.

 

The key, according to the article, is to build up a "critical mass'' of attractions as quickly as possible, "before the initial revitalization efforts stall for lack of support.''

 

...

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050726/NEWS02/507260366/1011/RSS02

 

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From the 8/8/05 NKY Sunday Challenger:

 

 

PHOTO: MALL SITE: A city loan is helping pay construction costs on the ground floor of 630 Madison Avenue in Covington.  The Sunday Challenger staff photo

 

Prevailing Wage Doesn't Prevail

City Changes Loan to Cut Costs

By Michael Jennings

The Sunday Challenger

mjennings@challengernky.com

 

COVINGTON—By changing the funding source for a low-interest loan, Covington city commissioners are helping the developer of a downtown wedding district avoid paying workers a wage high enough to cover health and retirement benefits.

 

Developer Jim Salyers says paying the local prevailing wage plus fringe benefits would add $80,000 to the $750,000 he expects to spend in converting the ground floor of his building at 630 Madison Avenue to a mall-like array of about 17 wedding-related shops. He says that added expense would force him to cancel the project.

 

...

 

http://www.challengernky.com/articles/2005/08/08/around_nky/doc42f4e0aaf1f6f668335102.txt

 

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This recent article in the 8/1/05 Cincinnati Business Courier mentions Harbor Greene:

 

Ackermann: 'Can-do' attitude secret behind N. Ky. success

Unified focus has produced RiverCenter, Newport on the Levee

Lucy May

Courier Staff Reporter

 

At a breakfast presentation to the Northern Kentucky Chamber of Commerce, developer Dobbs Ackermann cited the region's "can-do" attitude as an important reason for its success.  "It truly is a network of people here that seem very focused on making Northern Kentucky a better place and a more prosperous place," Ackermann told a crowd of more than 170 people at the chamber's July 19 Eggs 'N Issues forum.

 

The Ackermann Group is working primarily in Bellevue, the little riverfront town that boasts 64,000 residents in the square mile that makes up its city limits.  There, Ackermann is developing Harbor Greene, a $90 million mixed-use project that will include 110 high-end condominiums.  Already, the company has brought in 60,000 cubic yards of dirt to lift the development out of the 100-year flood plain without restricting the river views that all the condominiums will feature.

 

The commercial part of the development will come next, Ackermann said.  The company plans to build a 500-space garage that will serve as the platform for 100,000 square feet of office space, a 50,000 square-foot Gold's Gym and another 15,000 square feet of retail.  Ackermann said he hopes that work will begin within a year, but the company must wait for the market to justify the new office space.

 

http://www.bizjournals.com/cincinnati/stories/2005/08/01/newscolumn3.html?from_rss=1

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A write-up from the 8/15/05 Kentucky Post:

 

 

Boom under way in Bellevue

By Stephenie Steitzer

Post staff reporter

 

Four development projects are starting to come to life in Bellevue.  Construction crews are moving earth at Taylor and Eden avenues to make way for the construction of 24 luxury condominiums that are expected to be finished next summer.

 

Mason, Ohio-based Joshua One has already sold seven condos and has another three under reservation, Joshua co-managing member Paul Zeltwanger said.  "When people come down to see it, they fall in love with the site," he said.

 

The 3,200-square-foot condos come standard with high-end fixtures, appliances and woodwork.  They range in price from $710,000 to $990,000.  Zeltwanger said his company is targeting empty nesters who are looking for one-floor units with riverfront views.

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050815/NEWS02/508150360/1011/RSS02

 

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From the 8/16/05 Kentucky Post:

 

 

PHOTO: Covington’s “streetscape” project is under way with several downtown sidewalks being torn out. JPS Construction is doing the job. Here, employee Terry Howard of Demossville, is building concrete forms.  JOE MUNSON/The Post

 

Madison Ave. makeover starts

First phase of downtown work

Post staff report

 

The first phase of an $889,050 "streetscape" project to improve sidewalks, curbs and crosswalks at several locations in downtown Covington is scheduled to be completed in mid-September.

 

The $343,750 first phase includes work around the intersections of Madison Avenue and Sixth Street, Pike Street and Madison, Seventh Street and Madison and the entrance to the arcade in the middle of the block on Pike just off Madison.

 

The $545,300 second phase, expected to begin shortly after the completion of the first phase, will include work along Madison from Fourth to Sixth streets to connect with phase one work. Renovation also will be done on Scott Street from Fourth to Sixth and on Fifth and Sixth between Scott and Madison.

 

...

 

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050816/NEWS02/508160385/1011/RSS02

 

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NKU asks $70M from state to grow campus

Post staff report

 

Northern Kentucky University officials want the state legislature to approve $70 million for campus construction projects next year.  "Lack of space has reached a crisis on our campus," NKU President James Votruba said today in his annual State of the University speech. "It impacts our ability to grow enrollments and serve our community."

 

NKU is asking the legislature for $33.5 million for a new building for the College of Informatics and $22.2 million for a new home for the School of Nursing and Health Professions. The university also wants $15 million to renovate Founders Hall, the old science building.

 

In addition, NKU is urging legislators to help finance "public engagement" work that NKU and other state universities do on behalf of their communities. Earlier this year, the legislature rejected a $10 million request made by the Kentucky Council on Postsecondary Education for such work.

 

Read full article here:

http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050819/NEWS01/508190333

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