Yesterday the ground breaking was held for the first of the three phase project with a garage opening in march 2013. The rest of the project includes the restoration of 4 historic buildings into 11 for-sale units, and the construction of 5 new townhomes, 1 new 340-space parking garage, and 1 new mixed-use building to include 12 for-sale units and 3,900 SF of commercial space.
Mayor Mark Mallory: 3CDC is doing some great things transforming OTR and bringing OTR back to the diverse energetic neighborhood it once was.
City Manager Milton Dohoney: This is an illustration of the power of partnerships, in order to transform a neighborhood you must have an iron will, the city, 3CDC and the people of Cincinnati have this will.
Peg Moertl of PNC Bank: Why we do this, invest in a neighborhood? A business can't be successful if the city isn't successful, thats why we do this.
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