Residents and Newport officials got a look inside the new 17-story SouthShore
condominium tower last week during a ceremonial ribbon cutting and grand opening.
Capital Investment Group is building the $200 million project along Riverboat Row, just off of KY-8 and east of the Daniel Carter Beard (Big Mac) Bridge.
The ceremony included a tour of several model units, the 3,000-square-foot Shore Club, the 1,800-square-foot fitness center, a pool and hot tub, and walking trails and gardens.
According to Capital Investment Group regional development partner Gregg Fusaro, 42 of the 65 units have sold.
Sales closings began last week, and the first resident moved in Friday evening.
"We've got an excellent location, with proximity to downtown and Newport on the Levee," Fusaro says. "And with how we designed the building, all of our units have river and city views. And we're the only development that truly offers a lifestyle, with all of the amenities that we have."
A second tower is planned, with construction starting when 90 percent of the units in the first tower are sold.
Recently, the U.S. Army Corps of Engineers
approved an 800-foot-long, 100-slip marina to be co-operated by SouthShore and BB Riverboats
Construction on the marina is expected in spring or summer of 2009, furthering the concept of a resort lifestyle.
"Where else can you get from your home to your boat without ever getting in a car?" Fusaro says. "You might see it in Miami, but heretofore hasn't been here in Cincinnati. There's nothing comparable to it in the region."
Writer: Kevin LeMaster
Source: Gregg Fusaro, regional development partner, Capital Investment GroupPhotography by Scott Beseler