Orestod Holdings to Lease Space for Boscoe’s Place

Orestod Holdings agreed to lease more than 4,300 square feet of the future Marias Technology building to lifelong Covington residents and restaurant industry veterans, Pam and Jason Sommer. The space will be home to their newest restaurant, Boscoe’s Place. Boscoe’s Place will feature American fare such as wings, sandwiches, pizza, and specialty entrees. Boscoe’s will also feature a full-service bar with a variety of craft beers on tap.

“While we are very excited about Boscoe’s Place, we are even more excited to be working with Pam and Jason on this project,” said Orestod President, Chris Haines. “Their love for Covington matches ours as reflected in their commitment to make this investment in downtown, as well as their numerous previous investments in our community.”

The inspiration for the restaurant’s name comes from Pam and Jason’s longtime canine companion, Boscoe, who passed on a few year ago. Boscoe’s will seat more than 100 patrons, including a banquet room for approximately 30 people and a patio for outside dining. Boscoe’s Place joins Glacier View Coffee to fill the first-floor retail space of the new building.

“When we first heard of the construction of the new Marias building, we knew it was something we had to be a part of” said Pam Sommer. “Covington is such a special place, and to be able to provide a nice dining option downtown is something we are very excited to do with Boscoe’s.”

The 26,000 square-foot, three-story Marias building will add an additional 16,000 square feet of office space for Orestod-owned Marias Technology to augment Marias’s existing 13,000 square feet in its existing building. Approximately 2,200 square feet of the first floor will house Glacier View Coffee. The 4,300 square feet leased to Boscoe’s Place completes the available space in the new building. Construction of the building is expected to begin in Spring 2020 with completion in early 2021. Boscoe’s Place and Glacier View Coffee are expected to open in the first quarter of 2021.

Swift Gilly to be First Tenant of renovated Dime Store

Swift Gilly Boutique of Versailles has chosen The Dime Store for the location of their second store. Swift Gilly offers a wide variety of women’s fashions and accessories. The agreement sees Swift Gilly being the initial tenant of The Dime Store, leasing approximately 900 square feet. Swift Gilly plans to open this location in the late summer of 2020. More information on Swift

Gilly can be found at https://www.facebook.com/Swift-Gilly-Boutique

Marias Technology Accommodates Its Growth by Investing in its Community

Marias Technology, a provider of software testing and implementation services to the insurance industry, in coordination with its parent, Orestod Holdings, announces plans to expand its headquarters in Covington, to open a new coffee shop, and to help develop downtown Covington for a number of mixed-use purposes.

“Marias is a Covington business through and through,” said R. Christopher Haines, President and CEO of Marias. “We chose to grow our business here. We choose to keep our business here. And we choose to invest in the community that’s made so much possible for us.”

With its present building stretched to capacity, Marias will remain there and invest in necessary improvements. Marias acquired seven other adjacent properties, will demolish six of them deemed unsalvageable, and will construct a 26,000 square foot, three-story building on the site, of which Marias will occupy 17,000 sq. ft. That building also will contain 6,500 square feet of first-floor retail space.

Marias and Orestod will also create space for Glacier View Coffee. While Orestod will own and operate Glacier View, the shop will be supported by and offer products from Boston Stoker. Glacier View will occupy more than 2,000 square feet, and the first floor of that building will contain another 4,000+ square feet of retail space.

“We want to recognize everyone who contributes to the good of Covington,” Haines said. “Mayor Ed McCord; Village Administrator Mike Busse; the members of the Village Council; and every employee of the Village of Covington. Our schools are strong thanks to Superintendent Gene Gooding, the Covington Board of Education, and all the principals, teachers, and staff members. Covington is safe thanks to the Covington Police Department and Covington Fire & Rescue. We’ll forego tax abatements on our project in hopes that a portion of our property taxes will provide low- or no-interest loans to our downtown business neighbors. What’s good for Covington is good for all of us.”

Marias hopes to break ground in the spring of 2020.