Over the last fifteen years, Newport, represented by a hard-working group of elected officials
and staff, has truly experienced a rebirth that has positioned the community as a place to be in
Millions of people visit our historic downtown and destination venues including BB Riverboats,
Newport Aquarium, Newport on the Levee, the World Peace Bell, the Purple People Bridge, and
Hofbrauhaus-Newport. Our central business district has been revitalized with a massive
streetscape program and recently experienced $10M in reinvestment. All over the City,
neighborhoods have been positively transformed by widespread renovation of our historic
homes, numerous upscale housing developments, park and infrastructure improvements, and the
HOPE VI project.
The community has greatly benefited from having a nationally accredited Police service and a
professional Fire department. Every effort has been made to keep the community clean and safe
for our residents, businesses, and visitors.
Currently over one billion dollars of investment is planned on our riverfront. SouthShore,
currently being constructed, is a $224 million riverfront neighborhood with approximately 200
condos, a class A office tower, proposed marina and new connector road with a tiered floodgate
system. SouthShore’s master developer is Capital Investment Group.
One Riverfront Place, a class A office building, is 180,000 sf and was one of the initial
reinvestments in Newport. The building remains close to fully occupied at this point. National
Redevelopment is exploring expansion opportunities on the site immediately adjacent to the East
of the building.
Directly behind One Riverfront Place is the East Row neighborhood, one of Kentucky’s largest
and finest Historic Districts filled with Victorian homes and tree lined streets.
Newport on the Levee complex represents a $200 + million investment and is the region’s
premier entertainment destination. The property houses the Newport Aquarium, a wide array of
dining establishments, an AMC theatre, and various retail tenants. A new 200-room hotel is in
the planning stages. Additionally, an approximately three-acre parcel is immediately adjacent to
the East side of Newport on the Levee and is prime for development.
Ovation, a proposed $800 million redevelopment of Newport’s riverfront at the confluence of the Ohio and Licking Rivers, will offer a first-class mixed-use development in the urban core. The
site is planned to include approximately a thousand new housing units, one million square feet of
office space, and provide additional lodging and entertainment amenities.
Development continues away from the river as well. The Newport Pavilion project currently
under development will include Target and a Kroger Marketplace. Once completed the center
will add significantly to the community’s retail base. Downtown, as referenced earlier, is also
experiencing continued investment. The Marx-Cromer and Dine Schabell projects along with
others add significant, market-rate housing options in the heart of the central business district.
Additionally, new small businesses continue to fill the once vacant storefronts.
The growth and positive changes are unprecedented. The City is committed to improve every
aspect of our community in order to enhance the business climate and also the quality of life for
our residents. We feel that the community is an excellent place to do business, not only because
of its prime location on the river and its access to the interstate system and downtown Cincinnati,
but also because we are a lean staff that is motivated to help make projects happen – the
administration and community will exhaust every opportunity until a positive, worthwhile
project can be brought forward.