Posted December 8, 200420 yr Bonds to give Newport Pavilion $92M boost By Jeanne Houck Post staff reporter The Newport City Commission on Monday agreed to issue up to $92 million in industrial building revenue bonds to help Bear Creek Capital build a retail-office development in the Cote Brilliante neighborhood. Under terms of an agreement negotiated by the city and Bear Creek, Newport will own the property and lease it to Bear Creek until the Montgomery, Ohio, developer pays off the bonds. Then Bear Creek will get the deed to the property -- 55 acres between Memorial Parkway and Carothers Road, just west of Interstate 471. Greg Scheper, director of acquisition for Bear Creek, attended the city commission meeting Monday and declined afterward to discuss possible tenants for the development, to be called Newport Pavilion. But Scheper said negotiations are ongoing and that Bear Creek hopes to break ground for the project in the spring. Read full article here: http://www.kypost.com/2004/12/07/bonds120704.html
April 1, 200520 yr An estimated 450,000 square feet. Here's a rendering and a site plan. Pretty uninspired. http://bearcreekcapital.com/Newport%20Pavilion.htm
April 1, 200520 yr According to my retail marketing class at UC and the International Council of Shopping Centers... Power Center: A center dominated by several large anchors, including discount department stores, off-price stores, warehouse clubs, or "category killers," i.e., stores that offer tremendous selection in a particular merchandise category at low prices. The center typically consists of several freestanding (unconnected) anchors and only a minimum amount of small specialty tenants Lifestyle Center: Most often located near affluent residential neighborhoods, this center type caters to the retail needs and “lifestyle” pursuits of consumers in its trading area. Ithas an open-air configuration and typically includes at least 50,000 sf of space occupied by upscale national chain specialty stores. Other elements help make the lifestyle center serve as a multi-purpose leisure-time destination, including: restaurants and entertainment; design ambience and amenities such as fountains and street furniture that are conducive to casual browsing; and often one or more conventional or fashion specialty department stores as anchors And these are not to be confused with: Neighborhood Center, Community Center, Outlet Mall, Festival Center, Fashion/Specialty Center, Regional Mall, Superregional Mall. So glad my education is finally paying off.
September 2, 200519 yr A big-box retailer in Newport? By Bob Driehaus, Roy Wood and Peggy Kreimer Post staff reporter At least one big-box retailer will be part of the mix in the shopping center that Newport plans for the land it cleared by buying the Cote Brilliante neighborhood. A Wal-Mart is one potential tenant, the city and the developer confirm. City Manager Phil Ciafardini said Meijer, Home Depot and Target also are among the potential tenants. He said one or more of those would be anchor tenants. City commissioners have said as recently as a year ago that they were trying avoid big-box retailers, but Ciafardini said the expense of developing the site and the demographics of the potential customers makes big-box inevitable. Bear Creek Acquisitions director Greg Scheper said Kohl's is out of the picture, but he confirmed today that the developers are in discussion with other big-box stores. He would not comment on whether they include Target or Home Depot, which is anchoring Bear Creek's development in Crescent Springs. Read full article here: http://news.cincypost.com/apps/pbcs.dll/article?AID=/20050902/NEWS02/509020358
September 2, 200519 yr I'm getting tired of hearing in the news everyday that they are building more and more of these.
September 14, 200519 yr Residents rail against big-box stores Small businesses threatened, Newport board told By Ryan Clark Enquirer staff writer Residents here made it clear Monday night what they want to see in the city's new Bear Creek retail development in the Cote Brillante neighborhood. They do not want to see a Wal-Mart. Or a Target. Or any other "big-box" store. "If you want to kill your downtown, and you want to kill your shopping center, put a Wal-Mart in," said Deb Simons-Reeves, who lives on Monroe Street. "It just sucks the life out." Simons-Reeves told the city's Board of Commissioners on Monday that she formerly lived in Murray, in the western part of the state, and that her family owned a landscaping business there. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20050913/NEWS0103/509130343/1059/rss13
September 16, 200519 yr I disagree with Ciafardini completely. This won't bring shoppers into the other shopping centers and into the city. This will bring shoppers to the power center's parking lot, and then back home.
September 30, 200519 yr eminent domain used for a Wal*Mart...I saw it coming Give Thanks to the SC that views the Constitution as a "living document"
October 1, 200519 yr F walfart! why do people shop there??? they must love that cheap chinese crap! :whip:
October 1, 200519 yr Newport blight labeling upheld; is Wal-Mart development next? Court rules proper Newport properly followed state law in declaring one of its neighborhoods a blighted area, the Kentucky Court of Appeals ruled Friday. The three-judge panel's ruling upholds a previous lower court's decision in favor of the city. At issue was whether city officials properly followed all procedures outlined in state law in condemning the neighborhood, known as Cote Brilliante. Newport is taking the property for a retail development on 56 acres immediately west of Interstate 471, between Memorial Parkway and Carothers Road. Wal-Mart is a possible tenant, although at least some city officials are resisting that idea. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051001/NEWS0103/510010352/1059/NEWS01
October 7, 200519 yr Developer chafes at delay City unhappy with big-box push for Newport Pavilion By Mike Rutledge Enquirer staff writer City officials are causing "significant delays" to the proposed Newport Pavilion shopping center project, developer Bear Creek Capital warned them this week. "As we have indicated to you on several occasions, continued delays will jeopardize our agreements with prospective tenants and cause us to incur significant damages," Greg Scheper, Bear Creek's director of acquisitions, wrote City Manager Phil Ciafardini on Monday. Ciafardini, who wrote a Sept. 27 letter to Bear Creek that triggered Scheper's pointed four-page response, was unavailable to comment Thursday. The city did not make public his Sept. 27 letter. Mayor Tom Guidugli and city commissioner Beth Fennell said they did not believe city administrators or commissioners were delaying the project. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051007/NEWS0103/510070409
October 8, 200519 yr They need to hang in there. Bear Creek builds shit and they need to do whatever they can to get away from that developer. That is prime land that the city unfortunately ended up with and they have a duty to do a lot better than a power center on that stolen land.
October 9, 200519 yr Newport retail plan takes unwelcome turn Around Northern Kentucky By Patrick Crowley Enquirer staff writer Congratulations to Newport, which used city money and eminent domain to clear a neighborhood of its own residents only to end up with plans for a Wal-Mart. That certainly wasn't the intention of city officials, but it could happen. Bear Creek Capital, a Cincinnati developer, struck a deal with the city to develop Newport Pavilion, a shopping center proposed for land that was once Cote Brillante, a collection of about 100 homes beside Interstate 471 along Grand Avenue. Thanks to $12 million borrowed by the city most of the residents are gone. They were bought out or forced into court under eminent domain proceedings. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051009/COL07/510090359/1080/NEWS01
October 9, 200519 yr This is what happens when a city tries to play private developer. Newport got over a barrel when it borrowed the money to buy the land and gut the neighborhood. The city wanted and frankly needed the property developed so badly that it may have signed away its rights. Thank you.
October 16, 200519 yr I don't know why the City of Newport thought upscale would work here anyway. The residents of Newport are not an upscale clientele, and really other than Ft. Thomas, I can't think of any upscale areas around there anyway, as the article states. Developer wants Newport meeting By Mike Rutledge Enquirer staff writer The would-be developer of the proposed Newport Pavilion shopping center has not yet had the crucial meeting he seeks with city commissioners, but the sides are getting close to sitting down together. Developer Bear Creek Capital this month complained in a letter to city Manager Phil Ciafardini that the city was delaying the project, and city commissioners' unavailability to meet was not helping matters. In a letter The Enquirer obtained through an open records request, Ciafardini on Sept. 27 informed Bear Creek it would have to provide the city three sets of documents. And then, "upon receipt of all the above items, we would be happy to schedule a meeting with the board of commissioners." Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051016/NEWS0103/510160375/1059/NEWS01
October 17, 200519 yr I don't know why the City of Newport thought upscale would work here anyway. The residents of Newport are not an upscale clientele, and really other than Ft. Thomas, I can't think of any upscale areas around there anyway, as the article states. The only possibly upscale places I could think of was some parts of East Row/Mansion Hill and Wiedemann Hill. So I decided to go to the Campbell County Auditor's site to look up Newport homes over $300K. Only 57 came up. As I suspected, they were all on Overton/Monroe/Park (East Row) and then up the hill on Vine, Watch Hill, Watch Point and Camryn (Wiedemann). The only other places were those condos off of Grandview up by the water tower. There are over 200 in Ft. Thomas. So my thought is that they have Ft. Thomas and Wiedemann Hill homeowners in mind, and that they hope they might draw some folks from downtown Cincinnati as well.
December 15, 200519 yr Pavilion project advances Planners OK concept that may have Wal-Mart By Mike Rutledge | Enquirer staff writer Even the city's Planning and Zoning Commission, which Tuesday night gave preliminary approval to the proposed Newport Pavilion plan that city officials say likely will include a Wal-Mart Supercenter, felt emotional about its decision. "This is a very emotional issue, believe me, not just for you," commission chairman Ron Rawe told an audience of more than 65. "We're city residents as well." Rawe also praised the audience for being "one of the most well-mannered large crowds" he could recall in his 17 years on the commission. But most of the audience - particularly those who remained nearly four hours for the board's decision - left disappointed. Under the decision, a hillside in the Cote Brilliante neighborhood likely will be cut into cliffs, to make way for a big-box shopping center with three jumbo anchor stores and 2,276 parking spaces. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051214/NEWS0103/512140385/1059/rss13
January 22, 200619 yr Newport Bracing for Another 'Big Box' Downtown Merchants Expect Wal-Mart By Jason Feldmann | The Sunday Challenger Small business owners Bev Holiday and Nancy Snodgrass know what it's like competing for customers less than a mile away from a large-scale shopping and entertainment complex. Holiday, owner of Kentucky Haus Artisan Center (411 E. 10th St.), and Snodgrass, co-owner of Fantasy in Frosting (836 Monmouth St.), are among the dozens of store owners who have labored over the last several years to bring more foot traffic to Newport's historic downtown business district. Despite competition with Newport on the Levee and other nearby shopping centers, the downtown district has experienced a resurgence in recent years, thanks to an eclectic mix of unique shops and restaurants. But as Holiday admits, spreading the word about all the area has to offer is an ongoing effort. Read full article here: http://www.challengernky.com/articles/2006/01/22/around_nky/doc43d13cce8b5a8967964668.txt
January 23, 200619 yr This entire thread proves my point that Newport and N.Ky as a whole is not as great as everyone makes them out to be. The general population LOVES the Levee...."why cant Cincinnati do cool stuff like that" Well in my eyes Newport on the Levee is just one giant big box. It separates itself from the rest of Newport and is practically walled off from the rest of the area. Not to mention it is just a glorified mall! N.Ky and Newport in particular are for the most part development and plan stealing entities (see: Newport Aquarium, Haufbrauhaus, proposed submarine museum of USS Cincinnati, residential marinas along the river, attempted steal of Reds stadium) Way to go Newport on the trully stellar plan of a Wal-Mart oriented big box development in an area with much history and promise....Wal-Mart is the best option, and not to mention it is progressive....Cincinnati has not proposed a Wal-Mart for the West End of OTR. Well done Newport! :clap:
June 2, 200619 yr Enough is enough for last holdouts Home sale clears path for Newport shopping center BY MIKE RUTLEDGE | ENQUIRER STAFF WRITER The last homeowners no longer are blocking the proposed Newport Pavilion shopping center. Jeff and Susan Sams sold their home last week for $200,000. The city also agreed to pick up the Samses' attorney fees, which have yet to be determined. Jeff Sams, who signed papers Friday to close on his home of 17 years, said he still holds the grudge that led him to proclaim in September that he wouldn't accept anything less than $300,000. Had the settlement been $300,000, the couple would have had to pay about $76,000 in legal fees, so they accepted about $24,000 less, Sams said. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060601/NEWS0103/606010393/1059/rss13
June 12, 200619 yr Newport shopping cart fills Target, Home Depot, Wal-Mart, Kroger show interest in Pavilion Cincinnati Business Courier - by Lisa Biank FasigStaff Reporter It looks like Wal-Mart has some competition in Newport. Both Target Corp. and Kroger Co. said they are considering opening stores in the $100 million Newport Pavilion project. Meanwhile, Home Depot said it plans to build a store at the site, in a commitment that would bring new retail and more than 100 jobs to urban dwellers on both sides of the river. The project, off Grand Avenue, is being developed by Bear Creek Capital of Montgomery. Home Depot said it expects to open a 130,000-square-foot location in late 2007 or early 2008, though it has not yet signed a lease for the site. Sources at Target and Kroger confirmed that they are considering the location, though nothing has been finalized. Meanwhile, a Wal-Mart spokesman said that chain remains interested in building a superstore at Newport Pavilion, a proposal that in 2005 met resistance among both Newport residents and city officials. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2006/06/12/story4.html
June 28, 200618 yr Pavilion work may start soon Shopping center inches closer to construction launch date BY SCOTT WARTMAN | ENQUIRER STAFF WRITER Construction on the Newport Pavilion shopping center may start in two months to make way for a fall 2007 or spring 2008 opening. The Newport Planning and Zoning Commission unanimously approved a development plan Tuesday night, provided certain studies, permits and approvals are taken care of by the developer, Bear Creek Capital. These include geological and structural studies to show where retaining walls will be placed on hillsides, approval for flood management by the sanitation district and the city, and approval of designs by the Architect Alliance. Bear Creek also needs a right-of-way easement from the Kentucky Transportation Cabinet along Interstate 471. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20060628/NEWS0103/606280396
August 24, 200618 yr Target and Kroger are upscale? Newport: No to Wal-Mart But Target, Kroger might be part of development BY MIKE RUTLEDGE | ENQUIRER STAFF WRITER A Wal-Mart Supercenter will not be part of the proposed Newport Pavilion retail development, pleased city officials said Wednesday. Target and Kroger Co. appear to remain at the center of developer Bear Creek Capital's major-tenant negotiations, but city officials - who hope to make an announcement in coming weeks - declined to comment on the likelihood. But they would like that to happen. At least some city commissioners opposed Wal-Mart, saying the store could not anchor the kind of upscale development they had envisioned. "Wal-Mart was never on the radar screen for the Board of Commissioners to begin with," Mayor Tom Guidugli said. Although the city's development agreement with Bear Creek did not give Newport power to veto specific stores, "Do you know how difficult we can be to work with if the project isn't what we want?" he asked. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20060824/NEWS0103/608240394
August 24, 200618 yr While they arn't high end/upscale, Target and Kroger are 20 times more upscale than Walmart.
August 24, 200618 yr Everyone is right....Newport/Nky has trully outdone Cincy once again! Cincinnati could have been building this beautiful project at the Banks by now if it weren't for all the squabling. Just imagine having the upscale uniquities of Target and Kroger at the Banks....oh what could have been. [/sarcasm] This project sucks!!!
September 4, 200618 yr ^Actually didn't Cincinnati really beat Newport with the Center of Cincinnati project? :-)
October 31, 200618 yr Land deals await city approval Deadlines Nov. 30, city manager says BY SCOTT WARTMAN | ENQUIRER STAFF WRITER A deadline of Nov. 30 looms for Newport to finish two major development deals. According to City manager Tom Fromme, by that date, Newport must: Sell the 56-acre Cote Brilliante property, where the Newport Pavilion shopping center is planned, to developer Bear Creek Capital. Acquire the 13-acre Newport Housing Authority site to sell to developer Corporex, which has plans to build the $600 million office/retail/commercial/residential development Ovation. If Nov. 30 passes without the sale of the Cote Brilliante property, the $9 million in bonds issued by the city to buy the 90-plus properties in Cote Brilliante expire, which would force the city through the expensive alternative of reissuing the bonds, Fromme said. On that same day, the agreement with the Newport Housing Authority for the city to acquire the site for Ovation expires, allowing someone else to purchase the property, Fromme said. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20061031/NEWS0103/610310381
November 27, 200618 yr Target plans 'upscale' look 'Higher-class store' good for Fort Thomas, neighbor says BY MIKE RUTLEDGE | ENQUIRER STAFF REPORTER Fort Thomas resident Joe Schwerling is glad Target and Home Depot plan to be anchor tenants of the proposed Newport Pavilion, because that will give people living in his city more shopping options. "For Fort Thomas, we've got a Lowe's (home-improvement store) in Highland Heights, so this would be the next closest, and would have a different option, with Home Depot," said Schwerling, 60, a retired bank examiner. He also looks forward to having another grocery store nearby. Images released by Newport of the stores' proposed façades feature lots of brick on the Target and connected stores, for a more upscale look than at developer Bear Creek Capital's recent shopping center in Crescent Springs near Interstate 71/75 and Buttermilk Pike. A proposed layout shows a 127,000-square-foot Target and a 116,000-square-foot grocery store (Kroger Marketplace has been mentioned), wrapping slightly around Wiedemann Hill to their west and connected by three smaller retail spaces of no more than about 27,000 square feet apiece. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20061112/NEWS0103/611120378/1077/COL02
November 27, 200618 yr Pavilion center closer to being built Target, Home Depot will be going up west of I-471 BY SCOTT WARTMAN | ENQUIRER STAFF WRITER The Newport City Commission unanimously approved a measure Monday that will allow the city manager and mayor to finish the development agreement for the Newport Pavilion shopping center. It also paves the way for the city to sell the property so development can start. The city and developer Bear Creek Capital LLC still have to sign the agreement and close on the property. The city must close by Nov. 30. Otherwise it will have to reissue $12.1 million in bonds, a move that would have significant costs. With the commission's approval of the development agreement, City Manager Tom Fromme is confident the sale will happen before the deadline. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20061114/NEWS0103/611140378
November 28, 200618 yr i dont understand how they are going to fit all of this on that site. im not familiar with the terrain but it looks as though one of the buildings almost abuts the property line of one of the homes way up on the hill. garbage either way
November 28, 200618 yr a smiley face who can projectile vomit would be almost necessary for these types of threads. any way to add it?
November 29, 200618 yr These people needn't look far to see the longer-term effects of this type of development. Nearly everything in and around the Newport Shopping Center, or whatever it's called, is a decaying wasteland begging for redevelopment.
November 29, 200618 yr I think the problem with the newport shopping center is that there is such pent-up demand for retail in this area that the owner never had to sink a dime into it because it always stays full. Why invest in sprucing up the project if it is a cash cow. Hopefully providing an alternative will force this owner to invest in his center.
December 21, 200618 yr Pavilion center signs Kroger BY SCOTT WARTMAN | [email protected] The Newport Pavilion shopping center will break ground soon and will feature a Kroger Marketplace, the developer announced Wednesday afternoon. Bear Creek Capital officials confirmed that Kroger will join previously announced tenants Target and Home Depot. No one with Kroger could be reached Wednesday evening. Kroger Marketplaces are larger than traditional Kroger stores. Previous reports indicated that the grocery store would go into a 116,000-square-foot space. Newport Pavilion is across from Newport Plaza, which houses a Remke Market. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20061221/NEWS0103/612210393
December 21, 200618 yr Man and to think...Cincinnati missed out again. Newport beat Cincy to the punch and now we can see what the Banks could of had. :wink:
May 18, 200718 yr Very nice: IHOP, Logan's Roadhouse, Target, Kroger, Home Depot and 5/3!!! WAHOOooooo Center names restaurants By Scott Wartman | Cincinnati Enquirer, May 18, 2007 The first restaurants for the Newport Pavilion Shopping Center under construction in the city's south end were announced Thursday. Logan's Roadhouse and an International House of Pancakes will open in 2008 when the $100 million development is complete. Home Depot, Target and Kroger Marketplace will anchor the development. A Fifth Third Bank also will open on the site, according to developer Bear Creek Capital. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070518/BIZ01/705180346/1076/BIZ
May 22, 200718 yr i live right by there and im puumped bout the IHOP so quit hatin on a 24 hr establishment
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