crisdux

I walked down 12th last night and noticed that the WNKU stage is in a parking lot that is surrounded by barbed wire fence, it looks really odd walking by... Someone's gotta get a good picture of that when a show is going on, ha!

I've heard an interesting update. Apparently the building did not pass inspection, the owners did not receive their certificate of occupancy for the property on time and folks who were supposed to move in yesterday are being delayed. Something about problems with the elevator and fire suppression systems.

I'm wondering if any moderator can speak to the recent deleted posts in the "Cincinnati: Over-the-Rhine: Development and News (non-3CDC)" thread. There was a post two weeks ago regarding an observation made during second Sunday and then a subsequent post from yesterday from the individual called out where he explained his side of the story. Both posts are now deleted, after the individual posted his side of the story.

I am amazed. They can install the tarp, put up a scaffolding, and block off part of the street... all without a permit. Travis - Thanks for posting the pictures.

Crazy conspiracy time. The city will have them to remove it. Then debris will loosen from the building, fall to the sidewalk and then give reason for a vote to demolish the building...

In my opinion, you are putting forth a straw man argument... I'm not suggesting I totally agree with keeping the bridge, but doing a study and understanding all the options probably makes sense if patrons really believe this is an asset worth keeping. p.s. We don't need 4 million dollars for street lights and sidewalks in OTR. We have special assessments for that - HA.

I agree, the front parking lot is interesting. The MLS listing for them shows garages that enter the back. The drawing on the MLS shows some detail of the front of the homes, they look much nicer than the picture posted shows.

So a different perspective... Even if I accept your premise regarding those two developments, the city is getting two notable developments in two areas of downtown that have more units, more parking, more commercial space then the original fourth and race proposal(and the garage that supports the development of the holiday inn next door). The city is getting more private investment, better terms in the deal, and didn't have to privatize parking assets to do that. I know folks here don't like Cranley, but I do think some of his work is well intended.

I'm not exactly convinced this project would have ever been built to the scale when they first announced it. I also think it was probably smart to tone down public investment on this project and keep the parking asset for the city to own and manage. Some of the financial wizardry they are still doing with nearly every single large scale project downtown and in OTR is pretty interesting to me. Maybe I'm wrong, but it still doesn't seem like we're at the point where most projects can stand on their own like they do in other cities. (I'm temporarily living in Boston right now, you don't see these private/public partnerships or dependence on tax credits on all the new development going on here. I know Cincinnati really still isn't close to that point yet.... but yay subsidized housing for all! :wink: HA) I like a lot of the design elements of the building, but I think they could simplify it a bit. Reminds me a lot of the 84.51 building...

^ Actually yes I was talking about that unit, ha! A few of us were wondering why the heck it didn't sell. I totally agree! Condos on Main are going to see a lot of huge jumps in values now that it's caught back up to the rest of the market. Exciting times!

Correction! The sale finally posted to the Auditor's site at the price of $190k. So it sold for $23k above his asking price, and 190% of what he bought it for three years ago. You likely know this, just to add to the discussion... some of it sorta depends on the strategy that your realtor and the seller aim for. Some realtors list lower so they can get into multiple offer type situations(or even maybe the agents are not familiar with OTR). Many realtors list high and do the step down approach(there are a lot more examples of this in OTR, some that still takes months to sell). I really thought that unit was priced too low, which is now obviously true. You still see way more multiple offer type situations outside of the core in some of the desirable east side suburbs. It's not all peaches though, I do know of a listing over in the race street area that didn't fair well when their owner tried to resell it. So It's still important to make sure you get the price and timing right. I'm also hearing about some buildings that were converted in the 90's and early 2000s that already have some major deferred maintenance, folks can still find deals in those buildings when units pop up.

I recently toured some of these units in the alumni lofts building looking for a place to rent. Not only are the units and the building absolutely stunning, I was surprised by the pricing! Some of the rent prices they have are very competitive to the rest of OTR and CBD. $1000 in alumni lofts can get you a nearly 800~ square foot one bedroom, something that can cost $1600+ at a new building in the CBD or the banks. There are still some apartment left in the $1200-1600 range on the top floor that have tall ceiling, lofts, skylights, dens, half baths etc.

t.j. maxx leaving left a big hole for me in terms of downtown shopping options when it left. It was perfect for quick/cheap clothing, kitchen and bathroom items. I know a lot of my fourth street neighbors felt the same way. Target would definitely be able to fill the void.

OK, well yea I agree with that 100%. I consider that just mature neighborhood amenities. I didn't know that's was what you meant by indie.

I mean, just to play devils advocate here, but I also think its important. Why should it feel indie? That's just your/our current preference. Isn't that a bit selfish? Previous residents probably didn't like that it became "indie." Should we let the neighborhood evolve with it's residents and city, as it always has? Don't ideals even like "keep our neighborhood indie" hold it back? This is an issue that has been played out in plenty of cities across the country, the market usually wins. OTR will continue to trend upscale, lose residents and lose diversity... Not saying I think we'll see luxury retailers on Main, but sorry I wouldn't hate a McDonalds. LOL