Long Awaited Latonia Plaza Development Takes Shape
This past spring the City of Covington announced the $7 million development of Latonia Plaza, formerly the home of Value City Furniture and more recently, the Burlington Coat Factory. The marriage of Blair Technology Group, formerly housed nearby at the former Johnny’s Toys site and ReGadget, a Florence-based producer of Chrome Books and other education-related tech devices was consummated into a new unified company, CovTech Investments. Blair is the nation’s Number 1 authorized refurbisher of Microsoft products. Kurt Reynolds, co-owner of Florence-based ReGadget LLC and Chief Financial Officer of Blair Technology Group will speak on the progress of the development.
Several months into the announcement ReGadget has moved into a portion of the space occupied by Value City. The project will transform a major portion of a largely vacant and underused strip mall long fixated on a “big box” retail philosophy into a new home for forward-thinking, creative businesses. Both businesses combined employ approximately 230 with that combined number expected to balloon to 300 in the next year or two.
The two locations – encompass about 200,000 square feet of space on the southwestern end of what is commonly known as the “Latonia shopping center” The Value City Furniture space has been empty since the store closed in summer 2013. Burlington closed last year.
We salute our sponsors St. Elizabeth Healthcare and AT&T.