As part of a major overhaul that is drawing attention in the area, more than $355 million is being put toward the redevelopment of Madisonville, making the neighborhood a hotspot for new residents and visitors alike.
According to the Madisonville Community Urban Redevelopment Corporation, the transformation of Madisonville will be headlined with a $200 million project at the corner of Madison and Red Bank roads. The mixed-use space, all built on the 27-acre campus of the research company Medpace, will feature housing units and office and retail space.
“It’s really a gateway for a lot of people from Madisonville with tens of thousands of cars going through there every day,” says Matt Strauss with MCURC. “Maybe some of them that didn’t stop before will stop there now.”
Along with other city leaders, Strauss says that Madisonville isn’t trying to compete with other localities; they want to be recognized for being Madisonville, not Oakley, Hyde Park, etc.
The center of the new development will be the Dolce Hotel — renamed the Summit Hotel — a first for Cincinnati. The $80 million hotel is a high-end brand that will specialize in local conferences. It will feature 239 rooms with over 34,000 square feet of meeting space that will include 11,000 square feet of terrace and gardens. It is currently under construction on top of the former Medpace parking garage and the old NuTone factory.
Wyndham Hotel Management Group, which owns the Dolce Hotel brand, is already fielding calls from groups interested in using the hotel. The Summit is expected to be completed and will open in spring 2018.
Another large project in the transformation of Madisonville includes the redevelopment near Madison Road and Whetsel Avenue. The old Fifth Third Bank building, vacant for many years, is now home to restaurant space along with two second-story apartments. Lala’s Blissful Bites, a bakery and dessert shop, opened on the shared first-floor space in 2016.
For years, many of the properties along Madison and Whetsel were underused or vacant, acting as more of an eyesore to the area than a focal point. Since that time, Ackermann Group has worked on the redevelopment of three blocks within the area. This part of the project will include 185 residential units with 32 private residential garages, plus space for retail, amenities and leasable office space.
City Manager Harry Black and the City of Cincinnati city council outlined additions, including more public plaza areas, streetscape improvements and other public infrastructure improvements, in 2016.
Other areas of Madisonville are also seeing their own improvements, such as the addition of 20 homes within a subdivision off of Duck Creek Road, and the new Tap and Screw Brewery. It recenlty closed the doors on its Westwood location, but opened a microbrewery location on Red Bank Road last week.
Aside from major redevelopment projects that will provide jobs and a new spark to the neighborhood, Madisonville is also home to the Cincinnati Jazz and BBQ festival and the Madisonville 5K, both of which will be held at the intersection of Madison and Whetsel on Sept. 9.
Keep an eye out for more updates on construction and redevelopment in Madisonville, as well as local events and happenings, here.