Corporate headquarters are viewed as key anchors in large, mixed-use developments that strive to revitalize areas with new housing, employment, shopping and entertainment.
Downtown, money manager Legg Mason Inc. plans to relocate its headquarters to a tower under construction in the Harbor East mixed-use community. Morgan Stanley said last year that it would be a tenant and bring 900 jobs to Harbor Point, an $830 million office and residential campus that broke ground near Fells Point last week.
For the city to begin acquiring private properties in West Covington, the City Council must adopt a proposed urban renewal plan for the area. That plan is being reviewed by the city Planning Commission. Council approval would enable the city to start assembling properties and put out a request for bids from developers.
