The OneNKY Center, located at the foot of the John A. Roebling Suspension Bridge, will be the home of many Northern Kentucky growth organizations. Gov. Andy Beshear joined local and state officials and leaders of several Northern Kentucky organizations to break ground on the new OneNKY Center in Covington on August 30, 2023. Construction is progressing and a topping out ceremony was held with community leaders and tenants on June 26, 2024.
Project Details:
Building:
47,000 sf Class A office building
Owner:
NKY Port Authority
Development & Construction Manager:
Corporex
Prime Contractor:
Hemmer Construction Company
Tenants:
BE NKY Growth Partnership
Catalytic Fund of Northern Kentucky
EducateNKY
Horizon Community Funds of Northern Kentucky
LifeSciKY
meetNKY
Northern Kentucky Bar Association
Northern Kentucky Chamber of Commerce
OneNKY Alliance
Thomas More University Division of External Affairs
Funding:
The Catalytic Fund, OneNKY Alliance, Kenton County, and LifeSciKY, which received funding from the Commonwealth of Kentucky, were instrumental in securing financing for the OneNKY Center. The $26 million project’s funding derives from various channels, including Kenton County offering credit enhancement for approximately $8.7 million of construction bonds, issued by the Kentucky Association of County Officials (KACo) Finance Corporation. Additional financial contributions were made by LifeSciKY, the Butler Foundation, Carol Ann and Ralph V. Haile, Jr. Foundation, Horizon Community Funds, Drees Foundation and the R.C. Durr Foundation, Inc.
