Cincinnati
PECo to Buy Dayton Facility, Bring 250 Jobs to the City
The Process Equipment Company (“PECo”) has announced on April 1 its plans to purchase a 425,000 square foot manufacturing facility at 2333 McCall Street, near downtown Dayton. The acquisition is part of the Tipp City-based company’s plan to consolidate and expand its local operations.
Port Authority Starts Demolition at Bond Hill Site to Make Way for $75M Redevelopment
The Port of Greater Cincinnati Development started work on Thursday, March 28, on a project that will redevelop the site of Cincinnati’s first multi-store open-air mall. Cincinnati Mayor Mark Mallory, Vice Mayor Roxanne Qualls, City Manager Milton Dohoney, Jr., Laura Brunner, President, CEO, Port of Greater Cincinnati Development Authority, and Hamilton County Commission President Chris Monzel were in attendance as construction crews started tearing down a vacant restaurant and the 32-foot billboard-style Swifton Commons shopping center sign.
111-Unit Apartment Tower Planned for Downtown Cincinnati
Developers NorthPointe Group and North American Properties plan to build 111 apartment units above the 7th and Broadway Garage, in downtown Cincinnati.
Capital Investment Group Breaks Ground on The Lofts at Ivy Pointe
Capital Investment Group Inc. broke ground on Monday, March 11, on a $13 million apartment project in Union Township, a thriving community on the outskirts of Cincinnati. It is the first urban apartment development in Clermont County.
$400M Horseshoe Casino Opens in Downtown Cincinnati
Ohio’s fourth and final full-service casino, the Horseshoe Casino Cincinnati, finally opened on Monday evening, March 4. Over 5,000 people witnessed the spectacular fireworks display.
The Christ Hospital to Open New Outpatient Center in Montgomery
The Christ Hospital Health Network officially announced on Thursday, February 28, it is expanding in Montgomery with a new, three-story outpatient center. Construction will begin this spring with completion expected in late 2014.
Carespring Breaks Ground on $24M Transitional Care Center in Northern Kentucky
Carespring Health Care Management broke ground on Monday, February 18, on a new transitional care facility in Cold Spring, Kentucky. Governor Steve Beshear, State Representative Dennis Keene and Judge-Executive Steve Pendery attended the ground breaking ceremony held at 300 Plaza Drive along with other elected officials and business representatives.
Ryan Homes Launches Two New Model Homes in Cincinnati Communities
NVR, Inc. (NYSE: NVR), one of the nation’s largest homebuilding and mortgage banking companies, has recently announced the grand opening of two new model homes at two of its communities in the Cincinnati area. Both communities have been developed by NVR’s Ryan Homes division.
Anderson Birkla Buys 580 Building in Downtown Cincinnati, Plans Apartments
With downtown Cincinnati’s apartment vacancy rate far below office space vacancies, some investors are purchasing office buildings and converting them into apartments. One such investor is Indianapolis-based Anderson Birkla Investment Partners. It acquired the 580 Building on February 5 for $13.7 million. The company now intends to redevelop the property into a mix of residential, office and entertainment space.
DunnhumbyUSA Breaks Ground on New Downtown Cincinnati HQ
DunhumbyUSA broke ground on Thursday, January 31, on its new headquarters building at Fifth and Race streets in downtown Cincinnati. Hundreds of people were present at the ground breaking ceremony. Among them, Cincinnati Mayor Mark Mallory and other city, state and company officials.
Dubbed the ”Dunnhumby Centre”, the new building will cost $122 million to build. It will sit in the heart of downtown and will have 280,000 square feet of office space, 30,000 square feet of street-level retail space and an above and below ground parking garage with 1,000 spaces.