By the Numbers: Gateway College's Buildings in Downtown Covington

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Submitted by admin on Thu, 11/15/2012 - 09:12

With the huge announcement that Gateway Community & Technical College is moving forward with is planned $80 million urban campus in Downtown Covington, here is a look at the properties affected by the decision and how much the school plans to spend purchasing and renovating them as part of the largest development project in the city since the construction of the RiverCenter Towers in the early 1990s:

Building	Location	Use	Acquisition Cost	Renovation/Construction Cost	Total Cost
Two Rivers	Scott Blvd	Classroom/Administration Center	N/A	$10 Million	$10 Million
Marx Building	Madison Ave	Technology & Design Center	$1.4 Million	$3.6 Million	$5 Million
Abode Building	Scott Blvd	Urban Spa & Wellness Center	$520,000	$1.9 Million	$2.42 Million
Citizens Bank Building	Madison & Pike	College Bookstore/ Barnes & Noble	$140,000	$85,000	$1 Million
First United Methodist Church	Greenup Street	Kaleidoscope Center for Urban Outreach/Performing Arts	$220,000	$1.5 Million	$1.72 Million
Senior Citizens Center	Fifth Street	Technical Classroom Center	$0	$1 Million	$1 Million
Former YMCA	Madison Ave	Classroom/Workforce Development/Child Development Center	$2.9 Million	$3.8 Million	$6.7 Million
The Point/MadHatter	Scott Blvd	Science & Allied Health Center (New Construction)	$1 Million	$21.8 Million	$22.8 Million
Dressman Building/ Emergency Shelter	Scott Blvd	Additional Academic Support (New Construction)	TBD	$9.3 Million	$9.3 Million
Others:
Misc. Land Acquisition					$6.3 Million
Parking Structures					$10.5 Million
Infrastructure Site Improvements					$4.6 Million
Total:					$81.5 Million (approximately)

PHOTO: "Electric Alley", the area behind Two Rivers/RCN

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