Growth & Opportunity

We’ve experienced steady growth since our founding. As a result of that growth, we’ve stretched the building we presently occupy to capacity. Both of those things have given us the opportunity to undertake some initiatives that will have positive results for Marias Technology and for the town of Covington.

By way of sharing the nature of those opportunities as transparently as possible, here are the facts:

  • We chose to remain in Covington, rather than relocate.
  • We will remain in our current building and invest in improvements to it.
  • Orestod Holdings, the owner of Marias Technology and other properties, is constructing a 26,000 sq. ft., three-story building adjacent to our current building.
  • Orestod also acquired the seven buildings to the west of the current Marias building, facing High Street. Six were demolished. The southernmost building, now being renovated, will initially house overflow from Marias. Once renovations are complete, the building will house three new retail spaces.
  • The retail space in the six demolished buildings will be replaced in the new construction, with more than 6,500 sq. ft. of retail space on the first floor.
  • Marias will occupy the second and third floors of the new construction, approximately 17,000 sq. ft.
  • The new construction will be home to Glacier View Coffee, owned and operated by Orestod, with supported and products from Boston Stoker. Glacier View will occupy more than 2,000 sq. ft. and will be open to the public.
  • The new construction also will home to Boscoe’s Place, a restaurant that will occupy 4,000+ sq. ft.
  • The architect on the project is Candace Goodall of Troy.
  • Brackett Builders of Troy has been chosen to construct the building.
  • Financing for the project is provided by Greenville Federal.
  • Choice One Engineering has done all the surveying and will continue to advise on the project.
  • Construction started in May of 2020.

To keep up with the progress on our new building, please visit the Orestod Holdings website.

Rendering 03

Why Covington?

Covington has come a long way and continues to move forward. It’s still the village we all love. With improved infrastructure and solid village services, thanks to the leadership and staff of the Village of Covington, it will continue to improve to the benefit of all its residents. We have strong, modern schools thanks to the Covington Board of Education, the superintendent, and the principals, teachers, and staff members. Covington is also a safe place to live thanks to the Covington Police Department and Covington Fire & Rescue.

Because Covington taxpayers carry the burden for Covington’s municipal services, we intend to forego any tax abatements on our project. The village recently adopted a Downtown Revitalization District, which will see a large portion of our property taxes allocated to a fund for low- or no-interest loans for improvements by our downtown business neighbors. Foregoing our tax abatements will help those around us contribute to the betterment of Covington.

Marias Technology

Contact Us

If we can be of help to you or your organization, please call us. We look forward to talking with you about your needs.

 

Marias Technology
25 East Wright St
Covington OH 45318