Why We Don't Know Who Bought Hilltop Site in Covington
It sold for more than $3 million but who bought it is still not certain.
Nearly a year after first hitting the market, the sale of the former location of Gateway Community & Technical College's automotive center and classroom building was approved by the Secretary of the Kentucky Finance and Administration Cabinet for $3.2 million.
Gateway announced the sale in a news release but follow up questions about the buyer were not immediately answered. On Tuesday, the college issued a statement via the Kentucky Community & Technical College System (KCTCS):
Thank you for your request for information relating to the prospective transfer of real property located on Amsterdam Road. As permitted by KRS 61.878, we are not publicly releasing those documents at this time because the records involve preliminary drafts, notes and correspondence with private individuals regarding real state appraisals, estimates, and evaluations. We understand and respect the media interest in the matter, but in the best interests of the college, its constituents, and the taxpayers, we must protect the integrity of the process until the transaction is fully consummated. At that point, the documents will become public records, which we will be pleased to release.
The site sits high above the city, along the Covington-Park Hills border, and offers sweeping views of the Cincinnati skyline and Northern Kentucky below.