Cincinnati
Cincinnati Children’s Hospital Plans to Invest $162M in Two Liberty Township projects
Cincinnati Children’s Hospital Medical Center announced last week it will soon start work on two major expansion projects at its Liberty Campus in Butler County. The total cost of the two projects is expected to be $162 million.
U Square @ the Loop Finally Open
U Square @ the Loop, the largest local project besides The Banks to break ground since the recession, is finally finished. The $78 million development opened on Thursday, August 22. UC President Santa Ono, Vice Mayor Roxanne Qualls, CHCURC Director Matt Bourgeois, Uptown Consortium CEO Beth Robinson, Al. Neyer Executive Vice President Jim Neyer and many others were present at the ribbon cutting ceremony.
Beech Street Closes $55M in FHA Loans for Indiana Skilled Nursing Portfolio
Infinity Healthcare Management wanted to refinance an 808-bed portfolio of skilled nursing facilities in Indiana, and Beech Street Capital has made it happen with the closing of $55.3 million in FHA 232/223(a)(7) loans.
University of Cincinnati’s Morgens Hall Open for Students Following $35M Renovation
The University of Cincinnati recently announced it is preparing for another all-time record enrollment. The 194-year old university expects 43,000 students to attend classes this year and, in order to welcome them, it unveiled its $35 million renovation of Morgens Hall on August 15.
The Banks Development Team Announces Start Date for Construction on Phase IIA
The Banks will be Cincinnati’s largest single, mixed-use development with residential, office, hotel and retail components. In a recent release, the Banks’ master development team of Carter and The Dawson Company announced work will soon start on Phase IIA of the project.
Antioch College’s North Hall Becomes One of Oldest LEED Gold Buildings Worldwide
North Hall, one of Antioch College’s three original buildings, has been awarded LEED Gold certification by the U.S. Green Building Council(USGBC). Antioch College President Mark Roosevelt made the announcement on Monday, July 29.
Two Cincinnati-Area Retail Properties Sell; More Expected
The recovering Cincinnati economy is drawing investors to the market. Recently, two large multi-tenant assets have sold for a combined $75 million and Marcus&Millichap Real Estate Investment Services expects the sale of retail assets in the area to gain traction through the year.
Troubled Apartment Building in Evanston Makes Way for New Homes
A century old building in Evanston was demolished on Wednesday, July 17, to make way for new development and help revitalize the Cincinnati neighborhood. Hundreds of people were present at the event and cheered as machines belonging to the O’Rourke Wrecking Company brought down the mammoth building. Anzora Adkins, President of the Evanston Community Council, Cincinnati City Manager Milton Dohoney Jr. and Vice Mayor Roxanne Qualls were among them.
Hyatt Regency Cincinnati Completes $23M Renovation; $8.4M Holiday Inn Planned by Casino
The Hyatt Regency Cincinnati announced last week the completion of renovations to its lobby and existing 486 guest rooms. At a cost of $23 million, the project also called for the addition of five new rooms, to bring the hotel’s total to 491 guest rooms.
Construction to Start This Month on University Station’s $54M First Phase
Xavier University is getting ready to start work together with Messer Construction Co. and Ackermann Group on a long-delayed apartment and retail development at Montgomery Road and Cleneay Avenue, adjacent to the university’s campus.



