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  #721  
Old Posted May 7, 2018, 4:52 PM
jmecklenborg jmecklenborg is offline
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Originally Posted by soulard&como View Post
Seriously envious and and in love with OTR.
It has been steadily improving for the past ten years. It's to the point now where every block and alley is perfectly safe to walk down. That eventuality was inconceivable up through about 2006.

Unless we hit another major recession the area should be just about built-out by 2025. There are still 75-100 individual vacant lots which are being filled one-by-one with single-family homes. There are about five major surface parking lots left but I imagine that we'll see apartment complexes go up on those shortly.

Also, redevelopment has started to creep west into the West End. That neighborhood is basically a continuation of the same sorts of buildings but was much more chopped-up in the 1950s and 60s. There aren't too many signs of it now but I'd expect that by 2030 that will be mostly rehabbed.
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  #722  
Old Posted Jan 11, 2019, 3:26 AM
jmecklenborg jmecklenborg is offline
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This link glances over the many hotel and apartment conversions currently planned or underway in Downtown Cincinnati:
https://www.downtowncincinnati.com/d...n/developments
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  #723  
Old Posted Jan 11, 2019, 3:30 AM
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kcexpress69 kcexpress69 is offline
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Originally Posted by jmecklenborg View Post
This link glances over the many hotel and apartment conversions currently planned or underway in Downtown Cincinnati:
https://www.downtowncincinnati.com/d...n/developments

Looks like they have quite a few good looking projects underway!!
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  #724  
Old Posted Jan 11, 2019, 7:55 PM
jmecklenborg jmecklenborg is offline
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The large number of hotel projects are all small 150-250 room hotels. The market for all of these small hotels appeared because an outfit from Singapore bought the 872-room Millennium Hotel about ten years ago and has allowed it to fall into mild disrepair. The blue bloods had the paper run a hit piece on the hotel (they attempted to find bed bugs) but it had no effect.

All of these old office buildings opened up because the gigantic Queen City Square Tower, completed 2010 and with about 1 million square feet, hoovered up a number of Class A tenants from former Class A towers that are now considered Class B.

All of those prewar buildings dropped from Class B to Class C and with the help of Ohio's historic tax credit program they're either going residential or being turned into boutique hotels.

Aside from the Queen City Square tower, the only other office tower in DT Cincinnati built since 2010 is the General Electric building south of Second St.
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