Build It and They Will Come?
A group of local businessmen in the Northern Kentucky partnered with Oceanic Adventures, a company that specializes in aquariums to build the Newport Aquarium on the bank of the Ohio River in Newport, KY.
It is important to note that they were able to take advantage of incentives offered under the Kentucky Tourism Development Act which encourages the growth of new attractions over $1 million by allowing up to 25% of the development costs to be recovered over a 10-year period.
The Newport Aquarium is the anchor for an entertainment complex which includes movies, restaurants, bars, and retail stores. The majority of the businesses are owned by chains. It is very much like a family-friendly version of Third Street Live in Louisville.
www.newportaquarium.com/pdfs/Timeline.pdf
www.newportaquarium.com
http://www.newportonthelevee.com
It is important to note that they were able to take advantage of incentives offered under the Kentucky Tourism Development Act which encourages the growth of new attractions over $1 million by allowing up to 25% of the development costs to be recovered over a 10-year period.
The Newport Aquarium is the anchor for an entertainment complex which includes movies, restaurants, bars, and retail stores. The majority of the businesses are owned by chains. It is very much like a family-friendly version of Third Street Live in Louisville.
www.newportaquarium.com/pdfs/Timeline.pdf
www.newportaquarium.com
http://www.newportonthelevee.com
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