River Haus Project Looks to Add to Covington's Urban Renaissance rcnky.com/articles/2017/12/12/river-haus-project-looks-add-covingtons-urban-renaissance 12/12/2017
Ground will be broken Wednesday on the $50 million River Haus apartment project in Covington's Mainstrasse Village. Indianapolis-based Flaherty & Collins Properties is constructing a mixed-use, high-end residential project on what was the site of the 501 Main building and the Fifth Street parking lot. The groundbreaking is set for noon, December 13. “The River Haus project at 501 Main is another outstanding economic development success for Covington,” said Covington city manager David Johnston, in a news release. “River Haus will create much needed, quality market-rate housing, which will bring people to the city who want to live here. This project, and many others you will hear about over the next few months, are focused to revitalize our city’s urban core, bringing opportunities that will bring more people to our downtown, resulting in new customers to our existing businesses. It may also lead to new business ventures locating in the area due to the increased customer base. "Finally, this project will help increase the supply of parking in the Mainstrasse area that is sorely needed.”
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