The $25 million project, first proposed on March 19, 1984, would require the reconstruction of nearly two city blocks in the Chevy Chase district of the city, involving 12 separate properties. The development company, Progressive Companies, owned numerous properties in the district. The first nine-story structure, titled Chevy Plaza, would have included two or three floors of retail shops with residential condominiums for the remainder. It would have been located at the southwest corner of East High Street and Euclid Avenue where WDKY-TV now resides; at the time it was a KFC fast-food restaurant. The second tower would be called Chevy Chase Plaza and would have been located at the southwest corner of East High Street and South Ashland Avenue. It would feature retail shops on the ground floor and eight floors of residential condominiums. Both structures would have included a parking garage.
