Thursday, October 25, 2018

Coming Soon: Affordable Private Offices in Fort Thomas

At the grand opening of their Newport building, Dave and Abi Clabeaux welcome Newport City Manager Tom Fromme. (photo provided)
  
By Robin Gee, City Council Beat Editor

A former doctor’s office on Alexandria Pike will be the new home of Fort Thomas Executive Offices. Set to open this winter, the building offers 14 small private offices for those seeking a quiet and secure space from which to work or run a small business.

Work has begun on the project located at 1501 Alexandria Pike in Fort Thomas. Expected completion will be some time in December with a grand opening set for early spring 2019.

The project is the second such venture for developers Dave and Abi Clabeaux of Cold Spring. While they have experience with residential renovation, they opened their first commercial property, Newport Executive Offices, in spring 2018.


"Our goal is to fill a need for small office spaces. We noticed a glut of large, 1,500-square-foot spaces, but very little available for small private offices," said Dave Clabeaux. Providing those spaces that individuals and small businesses could afford was key, he added.

The plan is to include wifi, a printer, a lobby area, break room and other amenities included in the one price for space rental. Most spaces will rent for $495 per month for about 120 square feet. While the layouts are similar, one office offers a private entrance while another has a private bathroom.

"We want to make the process as easy as possible with no extra fees," said Clabeaux.

One way he hopes to keep costs down is to make the building as energy efficient as possible. "Dr. Meyers [the former owner] did a great job in insulation, and we will be switching the lighting to LEDs. We find these can result in huge energy savings. We want to be as green as we can and save money."

As with the Newport project, the couple will donate five percent of net profits from the building to a charity. The charity for the Fort Thomas building has not been selected yet, but the Newport project benefits the Children’s Hospital Cardiac Division.

"We selected Children’s because our son had been diagnosed with a heart murmur. He is fine, but we felt this was important," Clabeaux explained.

Through their company, Omega Holdings, LLC, the Clabeauxes, both former school teachers, began rehabbing and reselling residential properties in Florida where they met. Abi Clabeaux is a native of Cold Spring, and the couple decided to move and settle in the area.

The Newport building is located at 830 Monmouth Street in Newport and provides 25 offices to individuals and small businesses such as an Internet marketing company and an attorney.


"I’m very proud of our building," said Dave Clabeaux. "I love repurposing buildings, and it’s neat to drive by the Newport building and see the area alive and vibrant."

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