In June Maestro Development/Daniels Homes
acquired a number of properties near the corner of West 15th and Elm streets in Over-the-Rhine, where the developer has announced plans to construct nine 3,600-square-foot townhomes.
Five units will be built on the north side of 15th Street, and the other four will be built on the south side. Each unit will be three stories, except one that will have four floors. The units will all be LEED Silver certified, with two-car garages located off the rear alleys.
The project will be completed in three phases, with the five north-side units to be constructed first and the four on the south side as phase II. Four of the first five units have already been purchased, with prices ranging from about $650,000 to $1 million.
Phase I is expected to be completed in late 2016, with phase II completed in mid-2017. Phase III includes redeveloping the former Washington Park Firehouse at 222 W. 15th St. into a private residence for Jim Daniels, manager of Daniels Homes.
The 15,000-square-foot building has a garage on the first floor, and the top floor will become a penthouse-style loft. Plans for the second floor are still up in the air but could include office space or more residential living space.
The new townhomes will be adjacent to a Towne Properties development
that will feature seven townhomes at 15th and Elm.
Montgomery-based Maestro Development/Daniels Homes has constructed homes for about 20 Homearama
shows and is finishing up redevelopment of a historic home at 1405 Elm St.