Cincinnati

Ground Broken on $10M Affordable Housing Project

By Adrian Maties, Associate Editor Cincinnati is growing, with investments being made, thousands of jobs being created, the unemployment rate going down and the population growing. And with confidence in the housing market still low, especially in the suburbs, apartment operators are very, very happy these days. Marcus & Millichap is predicting that apartment vacancy […]

White Castle to Build Plant in Vandalia; Cengage Renews Lease in Northern Kentucky

By Adrian Maties, Associate Editor Columbus-based White Castle broke ground last week on a new food processing plant in Vandalia, near the Dayton International Airport. Gov. John Kasich, White Castle CEO E. W. “Bill” Ingram III and Vandalia city officials attended the groundbreaking ceremony. The new 75,000-square-foot plant will be situated in the Stonequarry Crossings business […]

Developers Break Ground on $54M Project in Over-the-Rhine

By Adrian Maties, Associate Editor The next phase of development in Cincinnati’s Over-the-Rhine neighborhood started on Tuesday, June 26, with the groundbreaking ceremony for the massive, $54 million Mercer Commons project. Cincinnati mayor Mark Mallory, city manager Milton Dohoney Jr., city council members, and 3CDC and PNC Bank representatives attended the ceremony. The Mercer Commons […]

Hawthorne Center in Blue Ash Sold to Georgia Real Estate Firm for $16.6M

By Adrian Maties, Associate Editor OA Development, a commercial real estate investment firm based in Atlanta, has purchased the Hawthorne Center, a 135,000-square-foot Class A office building in Blue Ash. The $16.6 million deal represents the company’s seventh acquisition in less than 18 months. The low-rise building was constructed in 2001 on more than seven […]

Downtown’s Hyatt Regency to Undergo $17M Makeover

By Adrian Maties, Associate Editor Major renovations are planned for the Hyatt Regency Hotel in downtown Cincinnati. The $17 million project is expected to help the Hyatt compete with newer hotels as well as improve the city’s ability to bring in high-end conventions and boost the local economy. The deal calls for the city of […]

Mercy Health to Build $75M Patient Tower

By Adrian Maties, Associate Editor Hospital construction in Cincinnati has been booming recently. Cincinnati Children’s Hospital Medical Center has a $180 million research tower underway on its main campus, the largest pediatric research center in the United States, and Christ Hospital is getting ready to break ground this summer on a $265 million project. Now, […]

Cincinnati’s 309 Vine to Get $15M Makeover

By Adrian Maties, Associate Editor The annex building that supplements the 31-story PNC Tower will soon get a $15 million makeover. With construction ongoing at the nearby Banks development, downtown Cincinnati is seeing a lot of activity lately. This new renovation project will bring life back to an important area of downtown Cincinnati and spawn development […]