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Developers ask Covington to help close funding gap for luxury apartments at former Kenton Co. building


Developers ask Covington to help close funding gap for luxury apartments at former Kenton Co. building
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Courtesy: Neyer
By:
WCPO staff
and last updated 2021-03-17 10:16:01-04
COVINGTON, Ky. — Luxury apartments, retail space and restaurants could replace the vacant Kenton County Administration building on Court Street, but not without help from the city of Covington.
A proposed $31.4 million redevelopment at 303 Court would bring 133 apartments, with rents starting at $1,111 and topping out at $1,714, plus about 6,000 square feet of retail and restaurant space.
Documents presented to Covington Commissioners Tuesday said this would be an expensive and complicated building rehab. Two new levels of apartments would be constructed on top of the existing 10-story building, and the facade will be stripped ....

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