Former Eilerman's Store in Newport to Become 20 Lofts
818 Monmouth Street in Newport is the historic home to one of Northern Kentucky's most beloved twentieth century retail establishments, Eilerman's.
The clothing store for men and boys operated locations in Covington (at Pike Street and Madison Avenue where US Bank now operates) as well as Xenia, Ohio, Milwaukee, and Minneapolis, according to the Encyclopedia of Northern Kentucky.
On Monmouth Street, the three-story building is currently home to a fitness studio on the first floor and artist studios on the upper floors.
By next year, it will be home to residents of newly developed loft-style apartments.
"It's a pretty neat concept," said Tony Kreutzjans of Orleans Development, which purchased the building with an eye of transforming it into the Tailor Lofts, a nod to its haberdashery heritage.
While the fitness business will remain, Kreutzjans said, Orleans is working on assisting the artists find new locations so that work can begin on installing twenty new homes upstairs.
The units, ten on each floor, will have an open-floor style, with the second floor lofts boasting 16-ft.-high original tin ceilings and a sleeping platform. "We're going to have all these layers to them," Kreutzjans said. "You'll walk in and then go up two feet on to a platform, and then you go up another platform to these sleeping platforms.
"We have all this space so there will be lots of neat layers."
Third-floor units will have 14-ft. high ceilings.
Each unit will be 1,000-sq. ft. or larger, he said.
Construction is expected to begin this summer with work taking about a year, Kreutzjans said.
Rent will range from $850 to $1,400 per unit.
Kreutzjans and Orleans Development has been busy in the River Cities in recent years. Currently underway is the Bradford Building, home to first-floor retail and upper floor condos, and the third phase of Pike Star, an apartment building, both in Covington. The Kent Lofts in Bellevue is also under construction.
Orleans has already brought online multiple high-profile adaptive reuse projects such as the Boone Block Lofts, the Market Lofts, Madison Flats, Greenpoint, and the transition of Pulse Lofts from condo to apartment units. All those projects are in Covington.
Written by Michael Monks, editor & publisher