Work continues on the development of the $22.5 million-plus renovation and re-imagining of the former YMCA building and Gateway Bookstore at the corner of Madison Avenue and Pike Street. On November 19th, Guy Van Rooyen, President of the Salyers Group, provided the latest timeline for completion in the latest seminal construction project remaking Covington’s major business artery Madison Avenue.
Two buildings totaling 72,000 square feet of space will include:
- A “bourbon distillery experience” that will serve as a northern trailhead for the Kentucky bourbon industry.
- About 60 VIP and Presidential suites serviced by staff and management of the nearby Hotel Covington.
- And 10,000 square feet of office space.
The development is projected to create over 100 jobs.