Covington leaders highlight growth from new businesses and investments in CID plan

Covington is poised for significant economic growth as new developments continue to emerge in the area, according to discussions from the recent BOC FY26 Budget Appropriations meeting held on April 8, 2025. Key highlights from the meeting revealed that the city is experiencing a surge in investments, with notable projects such as a new Olive Garden, a strip center near CVS, and new hospital offices yet to be factored into current valuations.

The growth in Covington is attributed to the strategic planning of the Community Improvement District (CID), which has attracted businesses looking for a clear vision of the future. Local leaders emphasized that these investments are not only enhancing the local economy but also providing opportunities for businesses to thrive and yield greater returns.

During the meeting, a request for $30,000 was made to support ongoing projects, underscoring the importance of community involvement in transportation initiatives. Program manager Jimmy Garrison from Thomas was introduced to oversee these projects, ensuring that they align with the community's goals and that stakeholders remain engaged throughout the process.

As Covington continues to develop, the community can expect further growth and investment, which will likely enhance the quality of life for residents and create new economic opportunities. The commitment to monitoring and supporting these projects reflects a proactive approach to fostering a vibrant local economy.