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.
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
Covington Life Sciences Partners (CLSP)
Horizon Community Funds of Northern Kentucky
meetNKY
Northern Kentucky Bar Association
Northern Kentucky Chamber of Commerce
OneNKY Alliance
Thomas More University Division of External Affairs
Funding:
The Catalytic Fund led and aligned financial resources for the OneNKY Center. Funding for the $26M building comes from several sources including: Kenton County provided credit enhancement for up to $10M in construction bonds that were issued by the Kentucky Association of County Officials (KACo) Finance Corporation and underwritten by Compass Municipal Advisors, the Covington Life Sciences Partners for Covington Life Science Lab, the Haile Foundation, Horizon Community Funds, Durr Foundation, and Drees Foundation.