Progress continues to take place in historic Over-the-Rhine's Gateway Quarter district
. Earlier phases of residential and commercial development continue to sell out, while new phases of development are rapidly taking shape.
The new residents and businesses (like Senate
that opens this Friday, February 19) are starting to take hold and breath new life into the ever-growing district now roughly bounded by Main Street to the east, Elm Street to the west, Central Parkway to the south and Liberty Street to the north.
The growing reach has been particularly evident heading north along Vine Street where two new infill buildings have risen from the ground over the past year while another full block of historic structures is currently being restored for dozens of new apartments and shops.
"Fourteenth & Vine only has two units left, and we have already pre-sold four at Trinity Flats," said Gateway Quarter real estate agent Holly Redmond. "In 2010 we have sold nine units in total and now have three entire buildings sold out."Trinity Flats
includes 25 loft style units, and its location on the eastern side of Vine Street at 14th is seen as particularly valuable as the neighborhood continues its renaissance. Many developers and community leaders see that location becoming the center point of a fully revitalized Over-the-Rhine (south of Liberty Street). As a result, the Gateway Quarter leasing offices will soon be moving into the Trinity Flats building this April from its current location at 12th and Vine streets.
"This will eventually become the heart of the Gateway Quarter," said Redmond. "Due to its location and abundant commercial space the area is really going to bloom."
Meanwhile the Cincinnati Center City Development Corporation
(3CDC) will start construction on their new headquarters at 1400 Race Street this Spring. The new headquarters is close to their next concentrated investment area that includes a $32 million investment in Washington Park
that will include a new 500-space underground parking garage.
Writer: Randy A. SimesPhotography by David De Bol
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