New phase of Newport on the Levee will have apartments, hotel, r - Cincinnati News, FOX19-WXIX TV

New phase of Newport on the Levee will have apartments, hotel, retail space

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Rendering of Aqua on the Levee, courtesy of http://www.aquaonthelevee.com Rendering of Aqua on the Levee, courtesy of http://www.aquaonthelevee.com
NEWPORT, KY (FOX19) -

It has been 14 years in the making, but construction on the next $80 million phase of Newport on the Levee is on time and on budget, according to project managers.

The project broke ground in December on the former "Lot B" site near the Purple People Bridge that links Ohio and Kentucky across the Ohio River.

Work is underway on an 800-space parking garage expected to be complete in July.

Once that is ready, crews will construct a 240-unit apartment complex known as "Aqua," said developer Capital Investment Group. Retail space will be included on the ground floor.

Plans are also in the works to build a new hotel.

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