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Home » Corporex awarded by NAIOP for Ovation development – Lane Report
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Corporex awarded by NAIOP for Ovation development – Lane Report

adminBy adminOctober 1, 2024No Comments3 Mins Read
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Covington, Kentucky — Corporex, one of the nation's leading development and investment companies headquartered in Covington, Kentucky, was awarded the Ovation category by NAIOP (Cincinnati/NKY Chapter) at the Night of the Stars event held in Cincinnati. was named Developer of the Year. Early this month.

NAIOP is a professional organization representing commercial real estate developers, owners, and investors.

Corporex Companies has a nearly 60-year history of developing hotels, Class A office, luxury residential, and mixed-use developments in more than 22 states across the United States. The company manages more than $1 billion in assets and has built more than 25 million square feet. , invested generously in our community, contributing approximately $2.9 million in corporate and foundation giving in 2023.

Ovation is an approximately 25-acre, five-city mixed-use urban development located along the confluence of the Ohio and Licking rivers in northern Kentucky. There are music venues, state-of-the-art office buildings, housing options, hotels, and open space. Once complete, Ovation will be a regional destination, offering visitors, residents, on-site businesses, and the community unique public artwork, restaurants, bars, and experiences, with spectacular views of the Cincinnati skyline and river It connects people directly.

“Our organization is honored to receive the NAIOP Real Estate Developer of the Year award,” said Brett Blackwell, President and COO of Corporex. “This accomplishment is the result of all of our team members who have worked tirelessly to bring Ovation to life, a world-class development that is reshaping northern Kentucky’s riverfront. Our success is based on collaboration, innovation, and built on a shared commitment to quality.”

The annual Real Estate Developer of the Year Award recognizes outstanding performance and is presented to one developer who best exemplifies leadership and innovation in the Cincinnati and Northern Kentucky commercial real estate market. Criteria for consideration for this award include outstanding quality of projects and services, market impact, financial consistency and stability, ability to adapt to market conditions, and support of local communities.

“Ovation not only redefines the southern boundary of the Ohio River, but also serves commercial tenants focused on creating unique work environments in their offices, residents and visitors seeking this area, and those seeking first-class excellence. It has brought a wave of growth and opportunity: entertainment and the arts,” said Tom Charek, president of Welty Development and NAIOP awards judge. “CASA's innovative design and commitment to job creation have revitalized our community, set new benchmarks for future development, and left a lasting legacy of progress and inspiration. ”

At Ovation, CASA (Color, Art, Sound, Architecture) is a thoughtful design approach seamlessly integrated throughout development to create a beautiful, warm, intentionally unexpected, and highly engaging community. Create.

For more information, visit ovationontheriver.com. For more information about NAIOP, visit naiopcincinnati.org.

Click here for more Kentucky business news.



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