, a former Ashland resident, has bought a 55-acre parcel across U.S. 23 from the new Super Wal-Mart project currently under development.Some $3 million in site work already has started on the project named "Providence Hill."Burns and Ashland Mayor Steve Gilmore both attended Holy Family School in Ashland and were taught by nuns from the order of Sisters of Divine Providence.
The sisters, at times, administered sharp blows to the knuckles of Burns
and Gilmore, making an impression that has lasted for more than 40 years and prompting Burns to call the project "Providence Hill."
...Submitted art courtesy Fred Burns, developer of Providence Hill
It will consist of several free-standing, three-story apartments, Burns
said.The apartment complex will be finished by the fall of 2006, he
The next phase of the development will be the retail shopping area that could be ready by the fall of 2007.It will include a number of free-standing, upscale shops and restaurants as part of a 50,000-square-foot complex.Some of the stores will have second floors that will be used for 12,000 to 15,000 square feet of office space, Burns
The high-rise condominium complex will be between six and 10 stories, but current plans call for an eight-story building.Some of the units, with a cost of $300,000 to $600,000, will overlook the Ohio River.It will be the last phase of the project to be developed, Burns
I deeply appreciate the commitment Fred Burns
has made in returning to his
The high-rise is being called the Bellefonte Bluffs Condominium, while the retail portion of the project is being called The Shoppes at Providence Hill
.The two- and three-bedroom apartments will have 1,400 to 1,700 square feet.That project is being called the Ashland Oaks Apartments.
The apartments will rent for between $600 to $850 per month, Burns
A Northern Kentucky resident, Burns currently serves on the board of directors at Heritage Bank
brother, Frank Burns, have developed numerous motels in seven states, including the Best Western
in Russell, Ky.Fred Burns, a former industrial engineer at Armco Steel, attended Marshall University and received a bachelor,s degree from Morehead State University.He
also is building high-rise condominiums in Daytona Beach and Fort Myers Beach in Florida.Burns
talked with Gilmore about developing a project in his former home town and three hours later had an option on the property, the mayor said.