Old Covington Firehouse, Restaurant to Be Home to Growing Business
It was built as a firehouse but in recent decades, locals know the historic building on Sixth Street in Covington as a restaurant, most recently Tickets, and previously as Mick Noll's Covington Haus.
Now it will change from firehouse to Lighthouse.
Edgewood-based Lighthouse Transportation Services accepted an incentive package that was approved by the Covington City Commission on Tuesday and will move to the former firehouse soon, after some renovation work.
"The current state of the building is underwhelming. The roof is in very bad shape," said Geoff Milz, economic development manager at City Hall. He worked closely with Tri-County Economic Development Corporation (Tri-ED) to create the incentive package.
The deal will save Lighthouse roughly $114,000 in payroll taxes over the next 10 years. The City of Covington will benefit from $165,000 in payroll tax revenue over a 10-year period. The company has an an annual payroll of $1.1 million. 13 employees will relocate to the new location and 10 new jobs are expected to be created over the next two years, Milz said.
Renovation to the building will also include room for another tenant on the ground floor. Milz said that he has forwarded a list of prospective tenants to Lighthouse. "They are searching for just the right fit for them," he said.
According to Kenton County property records, the building was purchased for $375,000. Milz expects that $350,000 will be invested in the renovation.
The building sits on a portion of Sixth Street that will soon receive new attention as the city attempts to create better connectivity between Madison Avenue and Mainstrasse Village. Those specific plans are expected to be released soon.
-Michael Monks, editor & publisher
Photo: Building that will soon be home to Lighthouse Transportation Services (RCN)