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Wednesday, May 30, 2007

3CDC and OTR hitting their stride!

3CDC has been working diligently in Over-the-Rhine rehabbing old structures, creating chic urban living options, and luring new unique businesses to the area. The first piece of their OTR work to come on line is the Gateway Quarter. This is the section of OTR including/surrounding Vine Street from Central Parkway up a few blocks.

The area has seen great successes so far. The Art Academy of Cincinnati has created student housing options in the area, the Gateway Condos have been a success, and multiple new businesses have signed leases. All of this is taking place while more buildings are being renovated with more living and retail options! The other buildings include: Bremen Lofts, Centennial Row, Duncanson Lofts, and Duveneck Flats.

Now the area has seen the influx of new housing before, but what is new is the interest of the retailers. These are not your typical retailers either...these are stores geared towards urban living/lifestyle. City Roots is an urban gardening store, MetroNation offers contemporary home accessories and furniture that is collapsible, Park + Vine is a green variety store, and Jean Robert de Cavel plans to open another restaurant in the city...this one being in the Gateway Quarter.

All in all, there are fantastic changes taking place in Over-the-Rhine. New businesses are opening, new residents are moving in, crime is dropping, and hopefully the neighborhood's long tainted image will begin to improve. Next on tap for 3CDC in OTR is the Washington Park District. 3CDC has announced that they plan to rehab 100 units per year, for the next 7 years in OTR...the main kicker is that they also plan on doing this through rehabs and NOT tearing down buildings. Good things are in store!

3 comments:

scprideandms said...

And where did all the residents of the low income housing that have been bought/stolen/torn down/rehabbed go?

UncleRando said...

Well Over-the-Rhine was a community which at one time was home to 50,000 or so residents. Today the neighborhood would be lucky if you counted 9,000.

There is plenty of room for both low income residents and middle/upper income residents to coexist. If it comes to the point where the low income people are forced out due to higher property values and what not...then we can have this conversation. But until that happens/or gets close to happening it's a bit preemptive.

waltermadisonwashingtonjr said...

In Cincinati the rich enjoy

living right next to the poor.

And they are well protected.

I have seen the condos and they

are fantastic but the Po wont

ever live in one.

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