Economic Development

US-27 & Nunn Drive Construction Update
May 8, 2019

Phase I of the NKU Mixed-use project, an approximately 65,000 SF Medical Office Building, is proceeding as planned.  The new 3-story, state-of-the art medical facility will provide much needed healthcare services to Highland Heights and area residents while generating new economic impacts to a previously underutilized and important gateway into the community.  Construction commenced last fall and the building remains on schedule to open in the spring of 2020.

With less than a year of construction remaining for Phase I, efforts remain ongoing to mitigate construction impacts to neighbors and businesses.  The development and construction team recognizes that like any large scale construction project, there will be impacts to the surrounding neighbors with respect to noise, traffic, access, etc., but whenever issues do arise, the key is always good communication.  As it has from the start of the project, the team is committed to keeping open lines of communication and welcomes any feedback.

Predevelopment efforts continue to move Phase II of the project forward, planned for on the south side of Nunn Drive at the entrance to NKU.  As envisioned, this next phase is anticipated to include hospitality, retail, restaurants, entertainment, residential and community focused amenities.  Much of the focus of late has been on structuring the public-private partnerships (P3) that will enable the successful delivery of the community’s vision for this important connection between NKU’s campus and the Highland Heights community.  Although the final scope specifics of the next phase are still being developed while the P3 details are arranged, the development team expects that process to conclude in the next few months and is excited to share further updates as the next phase draws closer.

Tax Increment Financing District

As part of the city’s land use strategy, it has created a Tax Increment Financing District to encourage redevelopment in targeted areas.  The newly created incremental revenue generated from real property taxes by development in the TIF District can be used to help pay for  number of eligible development costs of a project.   For more information about the city’s TIF incentives and other economic development initiatives, please contact Laura Long at 859-442-6904.

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Dave Geohegan
c/o City of Highland Heights
176 Johns Hill Road
Highland Heights, KY 41076
859-441-8575 (office)

US 27 Development Area

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