Pre-sales for $8.7M Linden Park next step in public-private partnership

The next step in a long-running public-private partnership between Al Neyer, Inc. and the College Hill Community Urban Redevelopment Corporation (CHCURC) will take its next major step this weekend when pre-sales begin for condominiums in the $8.7 million Linden Park project.

The mixed-use project, a three-story building containing 19 market-rate condominiums and over 14,000 square feet of retail space at Hamilton Avenue and North Bend Road, has been in the works since early 2003, when the issue of vacancies on three of the intersection's corners led to the idea of a widely-scaled redevelopment vision.

Using a combination of funding grants, CHCURC teamed with Champlin/Haupt Architects, community residents and stakeholders, and University of Cincinnati students to design the "Vision for College Hill in 2009".

To implement the vision plan, Al Neyer, Inc. was selected as the preferred developer in February 2005.

Since that announcement, the development company has provided funding for CHCURC.

Gail Paul, a Director at Al Neyer, Inc., says that the two are truly a public-private partnership, joined at the hip.

"There are lots of meetings, lots of listening," she said.  "It's really an amazing story of people rolling up their sleeves and working together."

Her company has been helpful in providing market knowledge throughout the entire process.

"We wanted to respect what they wanted," Paul said.  "But we had to bring in some of the market realities...and the site realities."

Paul has previously said that construction of Linden Park will start once nine units are sold.

A future phase will include 22 three-story townhomes.

Writer: Kevin LeMaster
Source: Gail Paul, Director, Al Neyer, Inc.
Illustrations provided by Al Neyer, Inc.