Drees will be responsible for building town homes in clusters at the site. Credit: Sigmund via Unsplash.

The City of Covington in Kentucky has reached two milestones in the transformation of the former IRS site into the Covington Central Riverfront, a 23-acre mixed-use neighbourhood in the US. 

The site is located west of Madison Avenue and north of Fourth Street. 

Bray Construction Services was chosen from four contenders through a formal request for proposal (RFP) process for the project. 

The first milestone is that work on the Phase 1 of the public infrastructure is set to commence today. This contract is valued at $14.9m. 

This phase includes the construction of streets, sidewalks, utilities, and a public plaza. 

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The next milestone is the choosing of Drees Homes to initiate the residential segment following the infrastructure work. It will construct 16 town homes within the $7m Block B development.  

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These homes will be situated on 0.88 acres along Fourth Street.  

Bray’s commencement marks the first step in erecting the new community, while Drees’s involvement signals the start of multiple development partnerships for the site. 

Covington has opted for dividing the site into 27 parcels, aiming to engage various developers, particularly local and diverse ones, to realise a master plan shaped by extensive public input.  

The Board of Commissioners has also endorsed the hiring of Terracon Consultants for geotechnical services and approved an $18.1m bond anticipation note to facilitate the start of the infrastructure project. 

A master plan crafted by KZF Design is expected to guide Bray’s 16-month implementation of Phase 1. 

This includes importing 30,000 cubic yards of fill soil, installing new sewer lines, and laying utility lines on the southern half of the site. 

The infrastructure work is anticipated to restore the street grid and create a public plaza near a new Russell Street promenade.  

The Phase 2 will introduce further utilities, a parking garage, a public park with river views, sidewalks, and more. 

Meanwhile, Phase 3 is expected to focus on the north side of the levee wall, creating connections to the Riverfront Commons walk/bike trail. 

This phase will also extend the park platform north from the levee. 

Drees has agreed to purchase the site for $2.016m and will build the town homes in clusters, featuring three-bedroom units with two-car garages and semi-private courtyards.