Fischer Homes broke ground on its new corporate headquarters in Covington on Wednesday. The new HQ will be located at the old First District Elementary building on Scott Street; the company’s current headquarters is located in Erlanger.
Planned renovations will see the building’s footprint expand from its current $65,000 square feet to about 95,000 square feet. This will include the addition of three new stories to the existing building’s north end and one new story above the building’s gym. The renovations represent about $15 million in value, according to the Fischer Group.
“This project is about more than a new building, it’s about bringing our people together in a space that reflects who we are and where we’re headed,” said Tim McMahon, CEO of The Fischer Group. “Covington is an important part of the future we’re building, and we’re excited to invest here while creating a headquarters that supports the next phase of our growth.”
Covington Mayor Ron Washington was also at the event.
“Today’s groundbreaking is a powerful statement about Covington’s momentum,” said Washington. “The Fischer Group’s decision to invest in our downtown is a clear signal that our urban core is on the rise. Not only does this project strengthen our local economy by bringing hundreds of high-paying jobs into the heart of our city, but it also reinforces that Covington is a destination for innovation, talent and opportunity.”
Construction will be managed by the Acendion Collective, itself a subsidiary of Fischer Homes. The company hopes to have its new HQ up and running by the end of 2027.