An effort to adopt a business improvement district (BID) in downtown Covington failed a few years ago, never receiving a vote at City Hall. But the Covington Business Council is trying again, this time with new boundaries and a new brand.
COV NOW is the name being used to promote the proposed district in which commercial property owners agree to pay an additional assessment that would fund improvements such as clean-up and marketing for a particular geographic area. But the issue is somewhat complicated in both formula and execution, and whether the BID attempt will succeed this time remains to be seen.
What has the Covington effort learned from last time? And what could it learn from a successful similar operation on the Cincinnati side of the river?
Joining Cincinnati Edition to discuss are Covington Business Council Executive Director Pat Frew, Northern Kentucky Convention & Visitors Bureau (meetNKY) President and CEO Eric Summe, and 3CDC Stakeholder Services Specialist Cate Douglas. (Downtown Cincinnati Inc., the special assessment district formed in the Queen City in 1994, now operates under 3CDC.)
Listen to Cincinnati Edition live at noon M-F. Never miss an episode by subscribing to our podcast on your favorite provider. And if you have a chance, please rate, review and share with friends: