COVINGTON, Ohio, May 21, 2019 (GLOBE NEWSWIRE) -- Marias Technology, a provider of software testing and implementation services to the insurance industry, announces plans to expand its headquarters in Covington, to open a new coffee shop, and to help develop downtown Covington for a number of mixed-use purposes.
“Marias is a Covington business through and through,” said R. Christopher Haines, President and CEO of Marias. “We chose to grow our business here. We choose to keep our business here. And we choose to invest in the community that’s made so much possible for us.”
With its present building stretched to capacity, Marias will remain there and invest in necessary improvements. Marias acquired seven other adjacent properties, will demolish six of them deemed unsalvageable, and will construct a 26,000 sq. ft., three-story building on the site, of which Marias will occupy 17,000 sq. ft. That building also will contain 6,500 sq. ft. of first-floor retail space.
Marias also will create space for Glacier View Coffee. While Marias will own and operate Glacier View, the shop will be supported by and offer products from Boston Stoker. Glacier View will occupy more than 2,000 sq. ft., and the first floor of that building will contain another 4,000+ sq. ft. of retail space.
“We want to recognize everyone who contributes to the good of Covington,” Haines said. “Mayor Ed McCord; Village Administrator Mike Busse; the members of the Village Council; and every employee of the Village of Covington. Our schools are strong thanks to Superintendent Gene Gooding, the Covington Board of Education, and all the principals, teachers, and staff members. Covington is safe thanks to the Covington Police Department and Covington Fire & Rescue. We’ll forego tax abatements on our project in hopes that a portion of our property taxes will provide low- or no-interest loans to our downtown business neighbors. What’s good for Covington is good for all of us.”
Marias hopes to break ground in the early spring of 2020.
About Marias Technology
Marias Technology, headquartered in Covington, Ohio, a privately held company, offers insurance technology services to property/casualty insurance companies. Services range from system testing and implementation, to gathering requirements and defining specifications. For more information, please visit www.mariastechnology.com, email info@mariastechnology.com, or call 866-611-2212.
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JoAnna Bennett
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