In the next few weeks, Ashley Commercial Group
will wrap up the rehabilitation of the historic Newberry Building, which is located at the corner of Sixth and Race streets downtown, near Fountain Square and right next to the Cincinnatian Hotel. Construction began on Newberry Lofts
in 2014, and is slated to be finished in early December.
The 12-story building, which was built in 1912, is attached to a CVS, and has first-floor retail space. It will feature 14 different one-bedroom, one-bathroom floor plans, three of which include bonus lofts. The apartments range from 700-1,400 square feet, with rent starting at $995 per month.
All of the units will include luxury finishes like granite counter tops, stainless steel appliances and washers and dryers in each unit. The building will be pet-friendly, and will include a fitness center, bicycle storage and community space. Residents will also have access to maid services, dry cleaning, laundry services and nearby parking.
Once completed, Newberry Lofts will earn its designation as a Certified Green Building.
Tours are currently underway of the $9 million project, and the deposits are now being accepted for December move-in. About one-third of the 62 apartments are currently reserved.