Whatever happened to these Cincy developments?

Bowdeya Tweh
Cincinnati Enquirer

Earlier this year, The Enquirer highlighted 10 developments that were worth watching in 2016.

 

 

What happened to them? Here's what happened:

 

CVG land up for grabs

 

 

Vision: Create revenue and jobs by bringing non-aviation uses to land buffering the airport. 

What happened: With the goal of leasing 350 acres of airport land by 2021, Cincinnati/Northern Kentucky International Airport took significant steps in 2016 toward that goal. Industrial real estate developer Dermody Properties completed a nearly 900,000-square-foot distribution center for home furniture and decor seller Wayfair. Dermody, VanTrust Real Estate and Paul Hemmer Co. also launched construction on three separate buildings on the land. The Paul Hemmer-built facility will be home to automobile industry supplier Robert Bosch Automotive Steering. DHL also continued its work to expand its North American hub at the airport, and its $108 million project is expected to be complete in 2017.

 

Eighth and Sycamore corridor

Vision: Add a new parking garage, apartments, retail space and a hotel to bolster Downtown Cincinnati's northeast corridor. 

What happened: One of Downtown's newest parking garages opened in July as the $52 million project involving the Cincinnati Center City Development Corp. and North American Properties forged ahead. The seven-story garage with street-level retail space is expected to get a big boost in 2017 once an apartment tower with 131 units is completed. Downtown's newest hotel, the Holiday Inn & Suites Cincinnati Downtown, opened at 701 Broadway in mid-December. 

 

Findlay Market

Vision: Extend the Findlay Market district beyond the Square and spur development in Cincinnati's Over-the-Rhine neighborhood.

What happened: Multiple real estate developers moved forward on millions of dollars worth of historic property upgrades and rehabs near the popular regional destination, capitalizing on the momentum of the market's growth and the launch of the streetcar. Walnut Hills-based Model Group made progress on its Market Square developments, which could add 94 residential units and a mix of retail and office space east and west of Findlay Market. New restaurants such as French Crust, stores such as Artichoke and the food entrepreneur-serving Findlay Kitchen opened near the market in 2016 also. 

 

Greenshire Commons

Vision: Create a sprawling residential community on the former Hillview Golf Course.

What happened: Greenshire Commons has been one of the residential real estate developments fueling a construction boom in Cincinnati's West Side communities. The $75 million project courted four builders – Dennis Ott Builders, Drees Homes, Inverness Homes and M/I Homes – and continued to woo home buyers looking to land in Green Township. The project, which could reach 234 homes on the former Hillview Golf Course, also added a new development in 2016, opening up new lots for construction at a faster-than-expected pace.

 

Liberty Way/Interstate 75 interchange

Vision: Create a thriving commercial district with sites serving a wide range of interests for nearby residents and people from around the region.

What happened: This year help cement the Interstate 75 and Liberty Way corridor as a key commercial node in Greater Cincinnati. Liberty Center continued to add stores and restaurants in addition to residents, office workers and visitors. Cincinnati Children's Hospital Medical Center continued its growth in patient traffic following its expansion to become a full-service hospital in 2015. TriHealth and Christ Hospital were among the prominent businesses to plan locations in the corridor, and developers moved ahead with efforts to add hotels, restaurants and housing around the interchange.

Lytle Park

Vision: Create a thriving financial district in Downtown Cincinnati, and have Lytle Park function as a centerpiece of the developments.

What happened: It was a year of construction and transition for Lytle Park. Construction barrels and caution tape have been fixtures in the park as part of the $30 million reconstruction of the Lytle Tunnel. The tunnel project hummed along in 2016 in preparation for the project to be completed in fall 2017. This year, Cincinnati Parks leaders settled on a more-than-$1 million park improvement plan after a tax levy failed that would have supported a larger development. The new 106-room Autograph Hotel – a renovation of the former women's shelter Anna Louise Inn – is expected to open by the end of 2017.

 

 

 

 

 

 

 

McMillan Street moves

Vision: Enhance an urban business district and help it emerge as a destination with new residences and commercial spaces for tenants in Walnut Hills.

What happened: The prominent and historic commerce corridor in the neighborhood made big gains in 2016. The Trevarren Flats apartment and retail development quickly filled with tenants, showing the neighborhood could support new market-rate residences. After securing historic preservation tax credits in 2015, the Paramount Square building, one of the most prominent structures in the Peebles Corner historic district, will likely benefit from New Markets Tax Credits regional development groups obtained in 2016. The city approved a neighborhood development plan for Walnut Hills, creating a guide for projects to help retain existing residents and attract new ones. But Kroger dealt the neighborhood a blow late in the year when it announced the Walnut Hills store would close once it opens a new, larger Corryville store in 2017.

 

Northern Cincinnati malls 

Vision: Identify a way for these destinations to compete with newer shopping destinations and survive despite broad changes in how people in Greater Cincinnati shop.

What happened: Northgate and Tri-County malls and Forest Fair Village worked to identify new tenants as Liberty Center worked to siphon away customers and activity. At a time when malls around the country are dealing with foot-traffic declines, mall owners say they're committed to operating as regional shopping and entertainment destinations. Northgate has been able to attract new restaurants such as First Watch and Noodles & Co. while Tri-County has been focused on filling vacant mall spaces and adding new structures to its parking lots. Forest Fair Village, which straddles Forest Park and Fairfield, has struggled with low tenancy for years and its sale has been stalled by lawsuits filed by and against its owner, World Properties. 

Ovation

Vision: Develop a signature $1 billion Northern Kentucky riverfront development featuring townhomes, condominiums, senior housing, office and retail space, showroom, hotels and parking.

What happened: Corporex has yet to build anything on the 13-acre Ovation site it has owned for 10 years on Newport's riverfront. No groundbreaking is planned, and few details have been shared about the project's evolution. City officials blame delays on the Great Recession, which ended in 2009, and they are waiting for the developer to advance updated site plans.

 

Reach project

 

Vision: Add life to a stagnant housing market, add more residents and create more economic opportunities in multiple Cincinnati neighborhoods

What happened: The Port of Greater Cincinnati Development Authority has spurred the renovation and sale of 16 homes in Evanston and more development in on the way. In 2016, the program expanded to Walnut Hills, and the port is working to acquire property and target single-family homes it can renovate and sell to new buyers. Three modular homes have been added near Morgan and Copelen streets, adding new life to land in Walnut Hills that once featured a blighted commercial building.

TELL US:  In one week, The Enquirer will show 10 new projects that are worth watching in 2017.  What are some of the biggest development projects happening around the region in 2017? Send your thoughts to business@enquirer.com.