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.