Posted March 9, 200520 yr I am glad Norwood is trying to fix up this area, but the BASF site at the corner of Dana and Montgomery has sat wide open and ready to go for at least 10 years, so who knows.... Norwood site's future in flux Plaza's owner erects for sale sign By Ken Alltucker Enquirer staff writer The owner of a Norwood shopping plaza next to Xavier University wants to sell the aging retail center to a private party for redevelopment into a hotel, housing or other commercial use. An auctioneer will accept bids until April 21 for Norwood Plaza shopping center, located on 12.5 acres off Montgomery Road next to Xavier's Cintas Center. No minimum bid price has been set.
March 9, 200520 yr I'm going to move this to city discussions until an actual project is announced. when it is annouced, you can move it back...too bad you don't get paid on commision for each move :D
March 10, 200520 yr I used to live right next to this shopping center. Hopefully they can come up with something that is useful for the university and the city.
March 10, 200520 yr I'm going to move this to city discussions until an actual project is announced. when it is annouced, you can move it back...too bad you don't get paid on commision for each move :D LOL...I deserve that.
September 19, 200519 yr Norwood revival keeps motoring on Laura Baverman Staff Reporter When General Motors closed its Norwood plant in 1987, and took 4,000 jobs with it, the city was left with acres and acres of vacant space and a drastically decreased tax base. A master plan called for high-density office space to fill the void and generate the $2 million of lost revenue. Almost two decades later, Norwood still is working on that plan. http://cincinnati.bizjournals.com/cincinnati/stories/2005/09/19/story3.html
September 19, 200519 yr I can't believe Cincinnati didn't annex Norwood way back when. These projects are just redistributing benefits from one political subdivision to another, when both are under much more serious threats from outlying greenfield suburbs. I hope the resulting office park type buildings aren't too much of a drag on downtown. To that extent, it's like two rats fighting over a piece of bread on a sinking ship. That said, it's great to see brownfield redevelopment in our urban core.
September 19, 200519 yr Don't forget how far in the hole Norwood is though. They can barely pay their employees on a bi-weekly basis, the streets are shot, etc. Even if all these developments come through, I still doubt they will be back to where they were prior to the GM closure.
September 19, 200519 yr I hope Norwood continues to progress. If companies are going to leave downtown, they are going to go. Some will threaten for tax breaks but if a company wants to relocate it is nice to have a inner ring burb location rather than West Chester or Kentucky. I see your point though Kendall. As for Annexing, I don't see why Cincinnati doesn't look at annexing them today. Or should I say Norwood looking at annexing into Cincinnati. The reason why this rarely happens is because city jobs are lost. Think about it. The people that would pursue this are the people that would lose their jobs. The Norwood mayor, council, etc... would be absorbed into the city of Cincinnati.
September 19, 200519 yr It's nice to see Norwood taking steps to fill up large brownfields. It shows that there's still a way to make development work without taking someone's house or existing business. As The_Cincinnati_Kid mentioned, Norwood is in dire financial trouble. It's going to take a large amount of growth and tight spending to get them out of it. Vacancies were mentioned--the issue now is whether Norwood will overbuild too much office space and be unable to fill it. Then land that could have made money with another use, such as industrial, would be off the table. P.S> I changed the name of the article so that people might know what it's about before clicking.
May 4, 200718 yr Rookwood properties fetch $220M BY CLIFF PEALE | [email protected] May 4, 2007 NORWOOD - Jeffrey R. Anderson Real Estate Inc. sold the Rookwood Commons and Pavilion and office tower in March for about $220 million, more than half of that in cash, according to documents filed with Hamilton County. The sale to JP Morgan closed at the end of March, but Anderson had not revealed a price.
May 5, 200916 yr Small projects keep Norwood afloat By Steve Kemme, Cincinnati Enquirer, May 3, 2009 NORWOOD - Although a tight economy is holding back some of the large planned commercial projects in Norwood, more than $25 million in smaller projects are being built and occupied. They range from the redevelopment of the Surrey Square Mall, which includes a new Kroger store that will open in June, to smaller in-fill projects such as the construction of the Professional Center of Norwood, a two-story medical office building on the former site of Steinberg's Clothing and MAB Paints.
June 2, 200916 yr Norwood's oldest school closes By Cindy Kranz, Cincinnati Enquirer, June 1, 2009 NORWOOD - On Monday, students, staff and parents said a tearful goodbye to Allison Elementary as they know it. The Norwood school is closing for one year to prepare for its retooling as an Intergenerational School, a joint project between Norwood Schools and Xavier University. The goal is to reopen Allison as a preschool-grade 2 building, possibly as a Montessori, in fall 2010. The last day passed with little fanfare, other than the usual awards assemblies and sixth-grade graduation. Check out the link in the title for the remainder of the article.
June 2, 200916 yr Where is it at? I couldn't find it today during my lunch break. Or turn off Montgomery towards the middle and high school. At the light past the highscool make a left onto Allison. It's 2-3 blocks up.
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