Covington officials: City Hall being turned into luxury hotel - Cincinnati News, FOX19-WXIX TV

Covington City Hall converting to luxury boutique hotel


City officials in Covington have announced that City Hall is turning into a luxury boutique hotel.

The $25 million 'The Hotel Covington' is projected to bring 125 jobs to Covington.

"We believe this $25 million investment represents one of the most significant economic development drivers in Covington's history and the city is very supportive of this project," Mayor Chuck Scheper said. "This project will create a destination development in downtown Covington and promote additional economic development in our downtown business district."

The hotel will feature 107 rooms designed to accommodate the business traveler and include a full service restaurant and bar.

"We are very excited here at the City of Covington about this project," said City Manager Larry Klein. "It is truly a transformative, catalytic project right here in the heart of Covington. This project also brings people from outside the region and inside the region to an historic building that will be renovated with modern amenities for a luxury boutique hotel and give its guests the local flavor and experience of Covington, Northern Kentucky and Greater Cincinnati."

The former Coppin's Department Store was built 102 years ago and was the first concrete skyscraper in Kentucky. Coppin's Department Store closed in 1977. In 1984, the City of Covington purchased the building for $1.5 million and renovated the property as its city hall, which opened in September 1990.

Scheper said the city is currently using just 15,000 square feet of the 80,000 square foot building.

The Salyers Group is partnering with Aparium Hotel Group in developing the hotel. Local contractors will be selected in the coming months. 

"Our family has a long history of investing in downtown Covington, and over the years, our investment in building and operating reception halls and retail businesses have helped bring hundreds of thousands of people to Covington," said Guy van Rooyen, president of The Salyers Group. "We see this hotel as a truly catalytic project and a great opportunity to restore another historic building in the heart of downtown Covington while at the same time bringing additional visitors, from further away, to this wonderful community."

The City of Covington will move its offices from the building located at 638 Madison Avenue to another location in the downtown area, but the city has not yet made a final decision on the relocation site.

The Hotel Covington will be the first project of the Catalytic Development Fund, which provides funding assistance and related services for developers of quality residential and commercial real estate projects in Northern Kentucky's River Cities, including Covington. Earlier this year, the Fund reached its initial fundraising goal of $10 million and has been investigating real-estate development opportunities, such as the planned hotel development.

Copyright 2012 WXIX. All rights reserved. 

Powered by Frankly