Adam RollinsThe Housing Authority of Covington (HAC) in Kentucky is placing a 76-acre property up for sale and redevelopment into a multi-use neighborhood.
Developers are invited to purchase one of the largest former public housing sites in Kentucky and turn it into an affordable, walkable neighborhood in close proximity to downtown Covington. The HAC opted for redevelopment rather than investing the $51 million needed to repair the dilapidated complex after decades of deferred maintenance, according to authority officials.
The city has issued a formal the Request for Qualifications (RFQ) for the project, with an application deadline on July 31. The authority plans to select three finalists to proceed with more detailed proposals due by Oct. 3. The final selected development firm will be responsible for:
- Buying the former housing complex “as is” and demolishing it.
- Redeveloping the site into a cohesive neighborhood featuring mixed residential options integrated with retail and commercial spaces.
- Preserving the site’s unique, natural character, such as the tree canopy, topography and views of the Cincinnati skyline and river valleys.
While definitive project details are not yet fully established, the HAC has compiled a series of desired outcomes to guide the planning and design process. Notably, among having a diverse range of housing options available, residents should expect additional greenspace, community areas, walkability and an integrated neighborhood facilitating community and accessibility.
Aspects that may be included in the project’s design include development of access roads, recreational areas, housing with views and local commerce. Homes that may be developed in the neighborhood include single-family, town and multifamily residences.
Walkability is a recurring theme for the neighborhood, which is expected to integrate several public spaces and trails highlighting the area’s natural beauty. Plans include placing an emphasis on safety and security, improved living conditions, community enhancement and neighborhood identity compared to the former housing complex.
Proceeds from the sale will support critical improvements at other HAC complexes for low-income residents. Some of the improvements the authority will use to protect affordable housing include:
- Repairing or replacing a pair of elevators at the Golden Tower high-rise, addressing inconvenience and safety issues.
- Tuck-pointing the high-rise’s upper floors to stop leaks.
- Replacing all the windows at Latonia Terrace and modernizing the site’s bathrooms, kitchens and flooring.
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