Posted March 28, 200817 yr I don't know where to put this, so I'll put it here. I read an article in yesterday's Lebanon newspaper, The Western Star, about new, high-end, gated appartment buildings planned for South Lebanon, adjacent to the propossed retail shopping complex at I-71 & SR 48. The propossed retail shopping center is largly on hold, as mentioned elsewhere on this website. However, a developer is propossing what he calls, high-end, gated apparements adjacent to the site, renting for $700-$1000 a month. He is in the processes of getting zoning approval, and hopes to start building later this year. There was a quote by a city councilor for South Lebanon. I'm paraphrasing here but he said "This is great for all the young professionals who can walk to work at the retail stores". Unfortunately, I can't find the article online, and I don't have the printed copy with me. But when I read that last night, I nearly fell on the floor laughing. The leaders of South Lebanon think retail workers at chain stores are "young professional", and will want to rent appartments within walking distance in upscale gated complexes for $1000/month. Are retail chain store workers considered "young professionals" ? Do young professionals want to live 35 miles from downtown Cincinnati? Can they afford $800-$100/month appartments on chain store salaries? Do they care to be within walking distance of work, when they have to drive miles and miles to any other ammenity (grocery store, bank, etc)? Will the retail complex be built in the next 5 years? (the appartments will be ready next year, as planned) Am I the only one who finds this hilarious?
March 28, 200817 yr i know its been said before, but I am SO sick of the terms 'young professionals' and 'empty nesters' ugh!
March 28, 200817 yr I don't know where to put this, so I'll put it here. I read an article in yesterday's Lebanon newspaper, The Western Star, about new, high-end, gated appartment buildings planned for South Lebanon, adjacent to the propossed retail shopping complex at I-71 & SR 48. The propossed retail shopping center is largly on hold, as mentioned elsewhere on this website. However, a developer is propossing what he calls, high-end, gated apparements adjacent to the site, renting for $700-$1000 a month. He is in the processes of getting zoning approval, and hopes to start building later this year. There was a quote by a city councilor for South Lebanon. I'm paraphrasing here but he said "This is great for all the young professionals who can walk to work at the retail stores". Unfortunately, I can't find the article online, and I don't have the printed copy with me. But when I read that last night, I nearly fell on the floor laughing. The leaders of South Lebanon think retail workers at chain stores are "young professional", and will want to rent appartments within walking distance in upscale gated complexes for $1000/month. Are retail chain store workers considered "young professionals" ? Do young professionals want to live 35 miles from downtown Cincinnati? Can they afford $800-$100/month appartments on chain store salaries? Do they care to be within walking distance of work, when they have to drive miles and miles to any other ammenity (grocery store, bank, etc)? Will the retail complex be built in the next 5 years? (the appartments will be ready next year, as planned) Am I the only one who finds this hilarious? The developer is just using the 'hottest' catch phrases to get the City Council and others to support his project. Will he attracted some younger people, sure, but no more than other apartment projects in the area. Those prices are no different than most 'good' apartment projects in Warren and Butler County. On the other question, no, I don't think the lifestyle part of that development will be built any time soon. They lost most of their planned anchor tenants.
March 28, 200817 yr Developers looking for the quick buck from the very dumb and often times very informed, supposed, "Young Professionals" I too believe the term Young Professional is a crooked and misused term that is used as a tactic and I feel like it is belittling younger adults who have just started to live in the "real world". I am just about to venture into that myself. I am attracted to city living, maybe not right next to a skyscraper, but city yes. This project is a wash and the developer is an idiot to think that there will be any kinds of success with this project. When I think of South Lebanon, I vision, Jail and Airborne Express, maybe a few farms too.
March 28, 200817 yr What I love about Warren County is that EVERYTHING is described as 'upscale' and 'High End' when it's first announced. This is how developers and the local polititions sell everything to the locals. Then, before ground gets broken, they come out and change the project to 'more affordable housing/ project', based on changes in market conditions. All I have to do is propose building a 30 story office complex with elaborate fountains on my property, get local approval, then petition to change the project to a couple of double-wide trailors for monthly office rental. I'd probably succeed at it in Warren County.
March 28, 200817 yr What I love about Warren County is that EVERYTHING is described as 'upscale' and 'High End' when it's first announced. This is how developers and the local polititions sell everything to the locals. Then, before ground gets broken, they come out and change the project to 'more affordable housing/ project', based on changes in market conditions. All I have to do is propose building a 30 story office complex with elaborate fountains on my property, get local approval, then petition to change the project to a couple of double-wide trailors for monthly office rental. I'd probably succeed at it in Warren County. You might not succeed, but it would be worth the entertainment.
March 29, 200817 yr On the other question, no, I don't think the lifestyle part of that development will be built any time soon. They lost most of their planned anchor tenants. Which Tenants did they lose? I drove by there the other day and say the Kohl's department store open. It was weird seeing it because i didn't see another retail store in sight..lol
March 29, 200817 yr Hilarious. Leave it to politicians to make ridiculous comments like this. It reminds me of the time when I read Mike Fox quoted in the Enquirer saying something like "the SuperWalmart on Cincinnati-Dayton Road in West chester was going to attract shoppers from throughout the Tri-State."
March 29, 200817 yr I generally like Lebanon, it has a nice little, quaint downtown and it has some beautiful green areas. But this development is one of the ugliest things I have seen in a long time. I drove by there not too long ago and was appalled that someone would think it's a good idea to knock down trees and homes to place a great sea of asphalt and a big box chain store. It looks ridiculous and I can't fathom any reason why someone would want to live by that...
March 30, 200817 yr "South Lay-bo-nan - save Cash with Kash!" Anyone remember that? 15 years ago South Lebanon was about as downscale for Warren County as I could imagine. Only the "Deliverance" vibe of Morrow was a notch lower. South Lebanon was once a solid part of the Appalachian Van Allen belt of resettlement around Cincinnati. Now a S. Lebanon address is "prestigious" with $450K golf course homes. I liked it much better when it was just hills, fields and rednecks. It sounds to me like they are trying to make the development sound like "The Brown", excuse me, "The Greene" with its built in apartments. I think that's what's really going on.
March 31, 200817 yr To the point of the terms young professionals and empty nesters: These are market segments that exist, and product can be designed for that market. I would agree however, (especially with YP's) that the terms are used too generally. Everyone that wants to build for 20 and 30 somethings thinks they are building for "today's young professional"...
Create an account or sign in to comment