August 26, 200717 yr Ohio River = Ohio's Gold Coast Eh...maybe Cincinnati's Gold Coast. The beauty of Ohio is that we can have 2 Gold Coast-esque areas.
August 27, 200717 yr As long as we don't make a cavern of development along the river, we need to note that the river's beauty is enhanced when it mixes the commercial with nature not when it suplants nature for commercial.
August 27, 200717 yr Ohio River = Ohio's Gold Coast Eh...maybe Cincinnati's Gold Coast. The beauty of Ohio is that we can have 2 Gold Coast-esque areas. Lake Erie has the most untapped potential of anywhere in the state...and I don't see that changing anytime soon (unfortunately).
August 31, 200717 yr Sales of existing homes down in 41 states Local median price down 1.9% in 2nd quarter BY JEFF MCKINNEY | [email protected] Anybody know of a group/survey that shows nationwide home price using numbers adjusted according to local median prices. What I'm getting at is this: A 1% price drop in the Midwest where the median home value is $150,000 is $1,500. A 1% price drop on the West Coast where the median home value is $400,000 is $4,000. (I just made these numbers up for illustrative purposes.) Thus, a 2% drop in the Midwest ($3,000) is not as bad as the 1% drop on the West Coast. Even though all these media outlets sugget the Midwest is seeing the worst drops in median home values, I have not seen any evidence to suggest that, beyond percentage drops, the Midwest is leading the country.
September 12, 200717 yr Homeownership at record high Census numbers for '06 show Cincinnati lags BY LISA BERNARD-KUHN | [email protected] As homeownership has climbed to record levels across America, Cincinnati's rate has risen - but continues to badly lag the nation's. The region's homeownership rate rose to 69.6 percent in 2006, according to a Census Bureau report released today, compared with 66.2 percent in 2000. Nationally, homeownership climbed to 67.3 percent in 2006 compared with 66.2 percent in 2000, the Census Bureau said. The new Census estimates also that 42.3 percent of Cincinnati's homes were owner-occupied in 2006. The figure was up from the 38.9 percent posted by the city in 2000, but trailed Hamilton County's 2006 rate of 63.2 percent and Ohio's rate of 70 percent. What's the price of houses near you? Home values have risen across the region since 2000, the new Census estimates show. So have the median price of a monthly mortgage payment, monthly rent payments and housing vacancy rates. Sister Barbara Busch of the Cincinnati-based homeownership advocacy group Working in Neighborhoods said the city's lagging rate can be attributed to a variety of factors. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070912/BIZ01/709120324
September 12, 200717 yr It might also be worth adding that Cincinnati has long had a structural orientation toward rentals in terms of the actual built environment.
September 12, 200717 yr It might also be worth adding that Cincinnati has long had a structural orientation toward rentals in terms of the actual built environment. That is obviously irrelevant...if the city has a built environment that naturally leans towards more rental units, than other cities, then why should that be included in the story. Since all those 2 and 4 families haven't been converted into single-family dwellings it obviously illustrates an unhealthy city. *shakes head*
September 12, 200717 yr The long-term national home ownership rate has been around 66% for the past 30 years. The recent housing boom (fueled primarily by a drastic lowering of lending standards) pushed that rate up to nearly 70%. However, the additional 4% increase came at the expense of 'future' sales. With the return of more traditional lending standards, look for the national rate to fall back toward 66% again aover the next few years (it's already back to 68%). Since Cincinnati did not participate as much in the pull-ahed of future home sales (the ownership rate lagged the national increase), it's reasonable to expect that Cincinnati's ownership give-back will not be as large as the nation as a whole. When discussing economic trends since WWII, you really need to exclude the decade of the 1970s because it was so a-typical. When discussing housing since WWII, people will need to exclude this decade because it will be shown to be so a-typical.
September 14, 200717 yr I think that the more important number for cincinnati home ownership is home ownership per building. I you have a two family and rent half of it out, the owner is still going to take good care of the building.
September 19, 200717 yr >In Northern Kentucky, 70.7 percent of homes are owner-occupied, according to the data. Comparing Cincinnati to NK is interesting as areas like OTR, Corryville, Avondale, Walnut Hills, some of Price Hill, etc., etc., tend to be comprised of 2-family homes if not multi-floor apartment buildings whereas Covington and Newport's old buildings tend to be much smaller apartments. In fact this is a big reason why OTR and other Cincinnati neighborhoods are tough to rehab since individual buildings often have 4 or 5 apartments in them instead of one or two like the NK areas and areas in Columbus like German Village and Victorian Village. Anyone been in the suburbs lately? Houses are for sale like crazy and I say all the idiots who thought they were going to make out big deserve it. All these cable real estate shows try to make it look like anyone can make money in real estate. Everyone thinks they've got some great scheme when really they're idiots.
September 19, 200717 yr And let me add there's this whole delusion still simmering that "the house" should be central to one's retirement plan, as though some house bought back in 1965 for $45,000 that's now worth $210,000 is going to provide enough to cover 25 years of retirement.
September 19, 200717 yr I think its sad how many people got loans for houses they couldn't afford because they knew they would appreciate, well now there are a lot of unhappy people trying to do a short sell, its too bad that people always think real estate never depreciates then it does and their interest rate goes up and they are too top heavy to live.
September 28, 200717 yr Bounty of incentives awaits buyers of new local homes BY LAURA BAVERMAN | September 28, 2007 Local home builders are pushing harder than ever to attract buyers in this slow market, offering as much as $40,000 in upgrades or rates as low as 4.5 percent. Most builders say they'll work with any potential buyer to make a deal. That could include a price reduction, but most often they'll throw in a new recreation room or finished basement or buy down to a lower interest rate. "You're in a better negotiating position than ever if you're a buyer," said Dan Dressman, executive director of the Northern Kentucky Home Builders Association. "Even if you take a loss selling your house, you make up for it buying a new one." Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2007/10/01/story8.html
November 16, 200717 yr City to apply for 2008 HUD grants Building Cincinnati, 11/13/07 City Council agreed unanimously* to submit applications to the United States Department of Housing and Urban Development (HUD) for several grants which will become available in 2008. The deadline for these applications is Thursday. http://www.building-cincinnati.com/2007/11/city-to-apply-for-2008-hud-grants.html
February 13, 200817 yr Cincinnati had fewest foreclosures of Ohio metros in '07 February 13, 2008 | CINCINNATI BUSINESS COURIER Ohio was well-represented in the top 20 in RealtyTrac's ranking of 2007 metropolitan foreclosure rates - but Cincinnati had the lowest rate of the state's major cities. Nonetheless, Cincinnati ranked in the top third for foreclosures, according to RealtyTrac's "Year-End 2007 Metropolitan Foreclosure Report." Regional metropolitan rankings (100 largest U.S. metro areas): The Cleveland/Lorain/Elyria/Mentor area ranked sixth, with nearly 3 percent of households in foreclosure, up 112 percent from 2006. Akron was 12th, with 2.3 percent of its homes in foreclosure, up 107.5 percent. Dayton was 15th with 2.1 percent in foreclosure, up 145.5 percent. Indianapolis ranked 18th, with 2 percent in foreclosure, up nearly 8 percent. Toledo was 19th, with 1.9 percent in foreclosure, up 117 percent. Columbus was 25th, with 1.8 percent in foreclosure, up 86.4 percent. Cincinnati ranked at No. 33, with 1.5 percent in foreclosure, up 104.4 percent. Louisville was 74th, with 0.6 percent in foreclosure, down 12 percent from 2006. Pittsburgh was 86th, with 0.4 percent in foreclosure, down almost 30 percent. The Detroit/Livonia/Dearborn metro area ranked first, followed by Stockton, Calif., and Las Vegas. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2008/02/11/daily31.html
May 27, 200817 yr I really didn't want to start a new thread for this, but it is very interesting!! Taxes subsidize ghost housing BY JANE PRENDERGAST | [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/AB/20080527/NEWS0108/305270110/ Taxpayers still support Cincinnati’s vacant English Woods public housing complex, even though no one has lived there for more than two years. The last residents of the almost 60-acre hilltop site along Westwood Northern Boulevard moved out in the fall of 2005. Yet the Cincinnati Metropolitan Housing Authority, which owns the complex, gets $235,423 every month for the property from the U.S. Department of Housing and Urban Development.
August 21, 200816 yr English Woods Closer To Final Destruction Complex Was Once City's Largest For Public Housing http://www.wlwt.com/money/17252445/detail.html?rss=cin&psp=news
September 12, 200816 yr Low-income rents, uneven demands Section 8 brings opportunities, challenges to suburbs http://news.cincinnati.com/apps/pbcs.dll/article?AID=/20080912/NEWS01/809140301&referrer=FRONTPAGECAROUSEL
September 12, 200816 yr West Side Story: What happened there http://news.cincinnati.com/apps/pbcs.dll/article?AID=/20080912/NEWS01/809140302
October 17, 200816 yr Condo sales mired in deep trough Business Courier of Cincinnati - by Laura Baverman A banner atop 310 Culvert St. downtown, where a pair of developers had planned the 77-unit Edge condo conversion, now advertises commercial space. Dirt is all that’s evident on the riverfront property formerly occupied by the Montgomery Inn Banquet Center, a site once expected to house 150 high-end condos called One River Plaza. Nearby, the land next to Captain’s Watch along Riverside Drive is still a grassy hillside. These are among the many local condo projects put on hold or canned during one of the worst local housing markets in history. “It’s going to be impossible to build a new condo building in 2009 or maybe even 2010,” said Towne Properties Principal Arn Bortz, who hopes to someday add a second tower at Towne’s Riverside Drive site. “The last thing developers want to do is create more inventory. There is so much competition out there.” Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2008/10/20/story2.html
October 17, 200816 yr So ... OTR is the sunshine of the housing market in the city, huh? Can you guys imagine this story 5 years ago.
October 17, 200816 yr This was going to happen. It's about price point. If someone has to sell their home to get into one's of these places, you're doomed. OTR is geared toward the first time buyer/move into the region, which still has some life in it.
October 17, 200816 yr This was going to happen. It's about price point. If someone has to sell their home to get into one's of these places, you're doomed. OTR is geared toward the first time buyer/move into the region, which still has some life in it. exactly right
December 16, 200816 yr Political dynasties at odds Appointment divides Mallory, Driehaus family By Howard Wilkinson • [email protected] • December 15, 2008 http://news.cincinnati.com/apps/pbcs.dll/article?AID=/AB/20081215/NEWS0108/312150051/ Twenty years ago, the Mallory and Driehaus families, both of which have made politics the family business, became allies. The family patriarchs, William Mallory Sr. and H. Donald Driehaus, teamed up to take control of the Hamilton County Democratic Party and bring that then-moribund organization back to life. They even co-chaired the party from 1988 to 1991.
January 18, 200916 yr Developers see market for condos rebounding Sales have stopped temporarily, they think By Scott Wartman • [email protected] • January 18, 2009 Developers remain optimistic about the future of high-end condos on the Ohio River in Campbell County, even though the bleak housing market has slowed down the projects. Much of the new riverfront housing planned for Newport and Bellevue will remain on the drawing board until people start buying property again, developers said. The developers were able to sell more than half of the condos already built before the housing market ground to a halt. But sales were few and far in between in 2008. "It is just part of the game," said Dobbs Ackermann, president of the Ackermann Group, which is developing the Harbor Greene condominium development in Bellevue. "There are years that are very slow. I've been in it a long time, this is my 17th year full time in the business. I've not seen it to this degree before. We believe the condominium market is going to be strong as things start turning around." Read full article here: http://nky.cincinnati.com/apps/pbcs.dll/article?AID=/AB/20090118/NEWS0103/901180400
February 10, 200916 yr Bucking real estate trends Greater Cincinnati's hottest up and coming markets http://www.soapboxmedia.com/features/realestate.aspx Gloria McConnaghy is the kind of shopkeeper who likes to run things herself, handpick her merchandise and get to know her customers. She tries to give people something they can't get from a big, corporate retailer: unusual finds and personal service. But in the 20 years since she opened Mahatma, an offbeat jewelry store in downtown's Carew Tower, McConnaghy has learned she has to keep moving to keep up with Cincinnati's hot spots. That's how she ended up reinventing her store as Little Mahatma in Over-the-Rhine's Gateway Quarter, a neighborhood of century-old Italianate architecture that's transforming from a place once known for its poverty, crime and deteriorating vacant buildings to one that is attracting rehabbers, urban loft dwellers, arts lovers and boutique shops. Despite the nation's economic troubles, city neighborhoods such as OTR and Oakley — places striking the right mix of rehabbed homes, specialty shops and restaurants — are bucking the country's trend of slow-selling real estate and actually thriving. "We've been extremely busy," said Holly Redmond, a top seller with Huff Realty, who specializes in the Gateway district and lives on the north end of OTR herself. Her office used to be closed on Sundays. Now she's squeezing in more weekend showings. She's been reaching out to targeted markets, such as bloggers, to promote the area and show it off. And people are more enthusiastic about the area than ever. The Gateway Quarter alone, a district in OTR experiencing a large-scale investment in revitalization, accounted for 33 percent of real-estate sales in the city market last year, Redmond says. "When times are down in other areas, people gravitate to being close to downtown," she said. "I think it's becoming a destination." OAKLEY: Knows what it takes to be trendy Randy Young knows something about the dynamics that make a city neighborhood thrive. The vice president of Aglamesis Brothers ice cream in Oakley has watched that area go through a revitalization for a decade. His family's century-old ice-cream parlor has been the kind of place that makes a neighborhood square a place where people want to congregate. For a long time, Oakley lived in the shadow of trendier Hyde Park, but it has come into its own. The neighborhood is so desirable that Hamilton County Auditor Dusty Rhodes showed up at a community council meeting this past January to explain why typical home values there have gone up 17 percent since 2005. Young says Oakley has what other neighborhoods inside the 'burbs want: homeowners who take pride in their property and shops and restaurants that draw young families together. "We're getting more of the boutique-y type shops catering to this young crowd," he said. "You don't see boarded up storefronts or empty storefronts. I think the trend we are enjoying now will continue for some time." DeSALES CORNER: Could this spot be next? So, if the secret to transforming an urban neighborhood from tired to trendy lies in developing the right mix of housing, retail and restaurants in a walkable area, can developers predict what the next Cincinnati hot spot will be? Kathleen Norris, a Huff Realtor responsible for bringing a lot of business to the Gateway Quarter, has her eye on the DeSales Corner neighborhood of East Walnut Hills. She attributes the success of the Gateway Quarter to having a clear focus attracting businesses and restaurants that appeal to young professionals. She sees the same kind of potential to blend architecture and ambiance in this small historic neighborhood northeast of downtown, between Mount Adams and O'Bryonville. Housing development has been key to retail development in the Gateway Quarter and is helping drive it at DeSales as well, Norris said. DeSales has another 76 units of housing being developed on the corner of Madison Road and Woodburn with a target renter of primarily young professionals. "People love to be able to live, eat and shop within their own walkable neighborhood," Norris said. That is the vision developers have for this area, as well. But Phil Montanus, partner at Towne Properties, which is developing DeSales Flats (more housing aimed at young professionals), is not expecting instant gratification. "We hope it's the next hot spot, but in this economy, it's going to take a little while," he said. Housing sales in that area were down 40 percent last year. Seny Tapas Bar, an upscale restaurant that opened in the neighborhood in 2007 already has shut its doors. Montanus looks down the street and sees the kind of unique shops and neighborhood pubs drawn to O'Bryonville that he'd like to see at DeSales. OTR: Hopes soar higher for Gateway Quarter For betting folks, the odds are still on OTR's Gateway Quarter growing even bigger. It already has seen an $80 million revitalization with 138 market-rate condos and 12 new storefronts already finished on Vine and Elm streets and more than 100 condos, a dozen townhomes, more retail and nearly 200 apartments (including some for low-income residents) in the works. Redmond, the real-estate agent who lives and works in OTR, sees the combined effort as a huge step in the right direction. As a businesswoman, she can give clients lots of reasons to buy in OTR — from the tax abatement offered to secure parking, rooftop decks, exposed brick, green building elements, city views, fireplaces and walking distance to shops, restaurants and the arts. But her other reasons are personal. She has seen crime decrease as the whole image of the neighborhood has been made over. When she has a client who is a single woman who has concerns about safety in the neighborhood, she can give out phone numbers of other single women in the neighborhood who might calm their fears. And when she walks down the street now, she sees lots of familiar faces because it is a neighborhood with a core. Robert Maly, vice president of development for The Model Group, one of the Gateway Quarter developers, is happy with sales figures. They've sold 30 units each year for the last two years, and their numbers suggest that there will be big demand for the next phase of rental apartments. And developers are just as excited about the scale of the changes in OTR — everything from the School for Creative & Performing arts bringing new life to a block that was made up of a parking lot and blighted buildings to the makeover of a park that will be professionally managed after the renovations. The overall number of properties being developed in a relatively short period of time is making these Gateway Quarter projects successful, said Brent Gillman, an agent with The Model Group. "The scale really brings connectivity to the neighborhood." For McConnaghy, a risk-taking retailer who bought back her shop and found it a home there, it is a chance to be part of something she believes in. "Two weeks after I moved is when the stock market crashed," she said. "But I'm very optimistic. I've seen bad times before." In the Gateway Quarter, McConnaghy is hoping for more good times ahead.
February 10, 200916 yr "The Gateway Quarter alone, a district in OTR experiencing a large-scale investment in revitalization, accounted for 33 percent of real-estate sales in the city market last year, Redmond says." That is crazy. Although how large is the City market? do they mean the City of Cincinnati or what comes up on the MLS under City? I would assume the latter but that is still CBD OTR, the Close in Riverfront, Prospect hill and betts-longworth/citywest
February 10, 200916 yr ^I think that statement was wordly carefully to build excitement. Reading it or hearing it, the interested majority would say "Wow--what a hot market, maybe I should check into this". The minority would take the time to look at information behind the statistic. Holly is very smart. Statistics are not just about numbers, but how they are presented.
April 20, 200916 yr Mt. Lookout hearing on public housing By Gregory Korte • [email protected] • April 20, 2009 http://news.cincinnati.com/apps/pbcs.dll/article?AID=/AB/20090420/NEWS01/304200006/ Mowbray Lane in Mount Lookout is a quiet cul-de-sac of condominiums, two-family apartment buildings, single family homes worth more than $300,000 – and now, public housing. The Cincinnati Metropolitan Housing Authority has purchased two apartment buildings on the street for low-income families. It’s part of an ongoing effort to disperse housing out of inner-city neighborhoods and into more middle-class neighborhoods.
April 20, 200916 yr It smacks of socialism. People have worked all their lives to achieve a certain level,” said Roger Littlejohn, a Mount Lookout resident and landlord. “It’s literally class warfare right in your face. I'm sure most people on this forum won't take too kindly to neighborhood complaints, especially like the comment quoted above. However, I think there's an interesting truth to what he's saying - albeit in a rather unsophisticated way. The current planning trend is to spread out public housing. It's a repudiation of early 20th century planning, which intentionally tried to concentrate poverty into the urban core with housing projects. So modern day "best practices" want to spread out public housing - and I think that's a good strategy. However, that's not really what's going on here. These plans were made once Westsiders gained a majority in the Housing Authority. These Westsiders are quite openly bitter about the Section 8 influx into their neighborhoods with the gentrification of OTR. Yet, this project is way too small to actually help the goal of deconcentrating poverty. It's basically just a giant "F**K YOU" from one neighborhood to another. It's sort of like, "We Westsiders have to deal with this section 8 stuff and now that we're in charge, look what we're going to give you." So it really is "class warfare" although not the kind you might expect. It's the middle-class Westsiders making a statement against the upper-middle-class Eastsiders. Now, I don't think this specific public housing plan is a huge problem, simply because the number of units is so small. I doubt it will have a huge effect on property values. However, I think the motivation behind the project is extremely disturbing. You don't plan a city based on spite, and I think that's exactly what's going on here. Furthermore, public housing does tend to kill property values (although again, I'm hopeful that this project is too small to matter). So I find it disturbing that the Housing Authority would be so gung ho about potentially de-stabilizing one of the city's most solid tax bases. It's one thing to spread out poverty. It's quite another to target your most stable tax generators and give them yet another financial incentive to move out of city limits.
April 20, 200916 yr I assure you that their is still a large tax base on the westside as well!! :wink: The population is 200-250k people west of Queensgate to the Indiana line. This won't be the last you ever hear of this either. One way to have your voice heard is to get involved and that's what many western neighborhoods have done. You can't blame them for wanting to change local histories wrongdoings, that is unless you live in one of the neighborhoods in the crosshairs?
April 20, 200916 yr *sigh*...worrying about property values before fairness and equality. The American way. A testament to community. :roll:
April 20, 200916 yr Yeah, sure is good that neighborhoods like East Price Hill and Westwood have become so "equal". The American way gives you the right to work hard and achieve success. Not to move into a neighborhood and destroy it.
April 20, 200916 yr Yeah, sure is good that neighborhoods like East Price Hill and Westwood have become so "equal". The American way gives you the right to work hard and achieve success. Not to move into a neighborhood and destroy it. Or...move out of the neighborhood and abandon it. This is the problem with the way our country looks at 'problems' in general: An exit strategy. Wheres our community pride!!!!!!
April 20, 200916 yr The American way gives you the right to work hard and achieve success. If the American way gives all of us the equal right to work hard and achieve success, then why aren't we economically equal when it comes to race, or when it comes to sex?
April 20, 200916 yr Poor people are not necessarily bad people. It's unfortunate that it seems many Americans don't separate the two and that they even look down their noses at the lower classes of our society. I've said it before and I'll say it again, if you get upset by poor property maintenance at these sites don't blame the tenants...blame the landlords. It is their responsibility to take care of the property...they just choose to let it fall apart because they're couldn't care less about the neighborhood.
April 21, 200916 yr Randy, I am a landlord, and I can tell you, you don't know what you are talking about. People take no personal responsibility for themselves or the place they live. Tenants live like pigs. I have no problem with poor people. I don't recall every saying something about the poor people. Some of my better tenants have been those with very little. I give you Queen City Ave. as an example. When I was out of college, that was the place to live. Charleston Square, Four Towers, Westmont Apartments. All filled with young professionals, a lot of young single nurses! Now? You'd be taking a big risk just walking around there after dark. I have no idea if they are poor or not.
April 21, 200916 yr ^First off I wasn't speaking to you...I was speaking in generalities given the public response to this story. And yes I do have an idea about what I'm talking about even though I am not myself a landlord. The fact of the matter is that it is the landlord's responsibility to maintain the property - not the renters. Now there could be an agreement between the renter and landlord about other things like abuse of the property, but that's between the renter and the landlord and once again it is the landlord's responsibility to own up to those agreements and enforce them. I know that many renters are abusive to their properties (I'm finishing up my 5th year of college right now and have seen the destruction first-hand). But like I said, as bad as this may be it's not the renters responsibility to maintain it. The landlord owns the property, is presumably making money from it and is the one who is legally on the hook. I say take ownership and quit passing the blame (once again not you specifically since I don't know your particular case, but absent landlords in general).
April 21, 200916 yr It is worth noting that most users of public housing and housing support have not been the classic 'bad tenant'. Nope, it is the elderly. I'd actually expect the number of elderly forced into public housing to skyrocket over the next few years. Now old folks children may cause problems, but the elderly don't usually. Most current section 8 rules prevent criminals from taking advantage of state subsidies. Clearly this is more than a little finger from the West side to those on the East. I'd be more nervous in PRidge, Paddock Hills, or even Oakley than Mt. Lookout. This by and by is why folks were so in favor of getting more folks to buy houses. Renters don't like the fact that there is no incentive (or sometimes possibility) to make their home their own and landlords have always been complicated figures - sometimes providing a necessary service and sometimes taking advantage of those in need.
April 21, 200916 yr The section 8 naturally gravitated towards the west side because property values have historically been lower than those on the east side (and MUCH lower than places like Hyde Park and Mt Lookout). This is absolutely an 'F YOU' to the eastside. That said, it's not necessarily the wrong thing to do. Poverty should definitely be disbursed, and there's no gain if we move the concentration from the inner city to the west side.
April 21, 200916 yr I understand the need and want to spread poverty around the region so it's not all concentrated in the core, but I also think the city must tread very carefully on where they put it. There are only a couple of neighborhoods in the city limits that are seen as being places where wealthy people will live. Hyde Park, Mt. Lookout, Mt. Adams, East Walnut Hills, and Clifton really seem to be about the only places in the city that can compete with the suburbs for wealthy families. IMO the city should be doing everything it can to make sure that these neighborhoods stay healthy and maintain a certain image so they can attract and retain wealth in the city. While this project won't kill Mt. Lookout by any means, I think the neighborhood is rightly concerned that their neighborhood is going to change in ways that they don't want. The West Side has been battling this for a while, and if Mt. Lookout and Hyde Park follow the paths of Price Hill and Westwood, the city is in deep shit.
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