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Six Greater Cincinnati projects receive more than $2 million in state historic tax credits

A developer acquired 1925 Vine St. through OTR A.D.O.P.T. and plans to redevelop the building into 20 residential units.


Across the state, 18 organizations were awarded $22.8 million in Ohio Historic Preservation Tax Credits to rehabilitate 33 historic buildings. The projects are expected to bring more than $225 million in private investment to 12 communities.

This round, six Greater Cincinnati projects received more than $2 million in tax credits, which will help developers continue work on pivotal projects in Hamilton and Over-the-Rhine.
 
509 E. 12th St., Pendleton
Received $150,000 in tax credits
Two buildings on the front and rear of the site have been vacant for about 20 years. They served as housing for about 130 years, and after catching fire in 2016, will be rehabbed into seven one- and two-bedroom apartments.
 
1810 Campbell St., OTR
Received $250,000 in tax credits
Located in OTR’s historic district, 1810 Campbell is part of Model Group’s Market Square project near Findlay Market. The building, which has been vacant for years, will be rehabilitated into commercial office space.
 
1925 Vine St., OTR
Received $249,000 in tax credits
This building, which is on the northern edge of OTR’s historic district, will be renovated into 20 residential units. Built in the 1850s and abandoned decades ago, the building will become a combination of studio and one-bedroom apartments. OTR A.D.O.P.T. helped save the building, and plans include preserving the original staircases, wood floors, wood trim and fireplace mantels.
 
Dollar Federal Bank Building, 2 S. Third St., Hamilton
Received $250,000 in tax credits
Built in 1958, the mid-century modern bank building will have two of the upper floors rehabilitated into commercial office space.
 
Liberty and Elm, 212 and 214 W. Liberty St., 1711 and 1713 Elm St., OTR
Received $1,358,772 in tax credits
This project will include the rehabilitation of five historic buildings, plus more than 100,000 square feet of new construction on currently vacant lots. When finished, the project will yield first-floor retail space and 109 apartments.
 
Market Square III, 30, 34 and 124 Findlay St.; 1821, 1834, 1936 and 1941 Race St.; 41 W. McMicken Ave.
Received $1,690,000 in tax credits
Near Findlay Market, Model Group will rehabilitate eight primarily vacant, historic buildings that once served as residential and mixed-use commercial storefronts with residential above. When finished, the buildings will house retail and office space, as well as 38 residential units. One non-historic building will be demolished, and a new commercial building will be built in its place.
 

Read more articles by Caitlin Koenig.

Caitlin Koenig is a Cincinnati transplant and 2012 grad of the School of Journalism at the University of Missouri. She's the department editor for Soapbox Media and currently lives in Northside with her husband, Andrew, and their three furry children. Follow Caitlin on Twitter at @caite_13.  
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