This coming Saturday will see the Gateway Expansion Tour which will afford an up-close look at the newest loft condos in historic Over-the-Rhine’s Gateway Quarter.
So far, the first phase of concentrated redevelopment has resulted in over one hundred new residential units with almost as many sales.
More than $81 million in investments have poured into the the area over the last four years with dozens of popular new businesses and a booming residential district to show for it. Already, nearly 80 percent of the neighborhood's new units from the phase I have been sold with some 12 percent under contract for the next phase of another one hundred plus units.
The Gateway Quarter
is not only one of the most unique living environments in the Greater Cincinnati area, it is one of the most active residential markets, averaging a new sale a week even in this depressed housing market.
The tour will feature the area's newly renovated buildings including Mottainai , Good Fellows Hall, Lackman Lofts, City Home and Falling Wall which account for another 46 of the next 106 newly built or renovated residential units in the Gateway Quarter.
City Home is located on Pleasant Street, just north of Washington Park, and represents the first newly constructed single-family homes in Over-the-Rhine in decades.
Those taking the tour will also notice the new streetscaping project currently underway along Vine Street. The first phase of the new streetscaping will reach from 12th Street to 14th Street along Vine and include new lighting, street trees, bicycle and newspaper racks, buried utility lines and new sidewalks.
Those interested in taking the tour are asked to register at the corner of 12th and Vine on Saturday.
The Gateway Expansion Tour will last from 12 p.m. to 4 p.m. and will feature prizes, food, music and shopping. For more information contact Holly or Stacy at (513) 621-4283.
Writer: Randy Simes
Source: Holly Redmond & Stacy Rickert, Gateway QuarterPhotography by Randy Simes