July 17, 200618 yr 3 garage spaces seems to be a bit overkill. Especially when you are in an urban setting and hopefully the need for multiple vehicles is diminished.....IDK
July 29, 200618 yr An excerpt from an article posted in the City Discussion Section....http://www.urbanohio.com/forum2/index.php?topic=3662.30 A bit farther downstream, the developers of the SouthShore at Newport have pushed back their groundbreaking from summer to fall, said Carol Jackson, sales manager for Garrison Partners, which is handling marketing for the developer, the Capital Investments Group of Chevy Chase, Md. The 21-story building, the first of four that are planned for the site, will include 70 units that are built on top of a four-story parking garage. "It's very exciting. It's going to be a fantastic piece of architecture and all of the homes will have an unobstructed view," Jackson said. Jackson said some units already have been sold although she could not divulge the number. Prices range from the low end of $300,000 up to $2.5 million for the penthouse. http://news.cincypost.com/apps/pbcs.dll/article?AID=/20060729/NEWS02/607290322
August 12, 200618 yr Capital Investment enters joint SouthShore venture BY JON NEWBERRY | ENQUIRER STAFF WRITER Capital Investment Group Inc., developer of the planned SouthShore condominium and office complex on Newport's Riverboat Row, has entered into a joint venture with Indianapolis-based Duke Realty Corp. to develop the office component of the $165 million project, the companies said Friday. Duke, one of the largest office developers and property managers in the Cincinnati area, will have an equity interest in an office tower to be built on the western-most portion of the riverfront site. Its stake in that part of the project could range from 50 percent to 100 percent, said Dan Ruh, Duke's senior vice president of operations in Cincinnati. Duke will be responsible for leasing the office space. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060812/BIZ01/608120342/1059/rss13
December 6, 200618 yr ^ yeah. the article above talks about a planned summer groundbreaking that was going to be pushed back to fall. obviously the fall groundbreaking didnt occure either. i signed up on their website just to test the waters (no way would i ever be able to afford something like this in my life) hoping to hear something from them regarding construction start. i got a hand written note back that said nothing other than come check out the sales center. so i know for sure its not dead yet!
December 17, 200618 yr i picked up my parents copy of Cincinnati Magazine today and their add mentioned "40% sold" if thats true that would obviously be a good sign. i never quite understood. does anybody have a feel for whether they were going to build both residential buildings at the same time or is there a phased approach.
December 18, 200618 yr ^I'm not real sure...I initially thought all three bldgs were to be done at once...but this was before the residential bust, so who knows what will actually happen with this project.
February 12, 200718 yr Did a little digging of my own through their website. This was what they replied with. I hope she is right! -----, I apologize that someone did not respond to your questions about our development. Please give me a call or send a message and I will answer your questions about the property. Currently the price range is from $377,800 to $2,800,800. Ground breaking is set for later in the month. Construction of the first building is expected to be complete by summer of 2008. Carol Jackson SouthShore 400 Riverboat Row Newport, KY 41071 Office 859.431.8000 Fax 859.431.6000
February 17, 200718 yr what exactly did you see? i think maybe you saw the second phase of one of the other newport projects up the river...that has just started too. hopefully not though, hopefully it was southshore
February 18, 200718 yr I would personally like to see these projects in Nky not get off the ground. In a housing market like this I would rather the demand (the little there is) for housing and condo living to be left for Cincy and its projects like One River Plaza and the Banks!...is that bad/selfish of me??
February 18, 200718 yr Eh, who cares. BUILD THE THINGS! Give Newport a skyline!!! "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
February 18, 200718 yr indeed you should! thanks for the confirmation...i dont care what side of the river these are on. seeing all of these projects finally come to fruition will bring a much needed, fresh breath of optimism to the area. in a matter of months there could be as many as 6 tower cranes visible in our beloved "from kentucky" skyline view.
February 19, 200718 yr I'll take Newport and Covington any day over East St. Louis or Camden, NJ. I don't think most people realize how lucky we are to have these cities across the river.
February 19, 200718 yr Glad it's getting started. I think there's plenty of room for this, along with One River Plaza. Hopefully the Banks will be something unique -- and I think the Banks will have a certain unique locational advantage that nowhere else can have. I'm most curious about what form the Ovation project will take.
February 19, 200718 yr ^It's the real thing!! Soil test drilling would be done with a small truck mounted drill rig. This crane and auger represents the beginning of auger cast pile installation where they drill to bedrock and then pour a "wet" concrete product very similar to a grout. My only question is, why are the large scal projects being built in Kentucky and not in downtown Cincy. What is stopping the developers from builing in the CBD. Several towers in Kentucky may saturate the market prior to it getting into Ohio.
February 19, 200718 yr ^ If you have twin developments on the river in cincinnati and newport/covington, the newport/covington project will sell much faster because they have one priceless amenity that cant be attained from ohio...the picturesque "on the river" view of downtown cincinnati. i think there might hesitation in cincinnati also with the banks potentially getting started this century. but there are a significant number of smaller, more urban appropriate projects on the cincinnati side and hopefully some big ones in the works.
February 19, 200718 yr More assuring feature that it is getting started is the Bovis sign. They are a large contractor specializing in this kind of work.
February 19, 200718 yr ^ If you have twin developments on the river in cincinnati and newport/covington, the newport/covington project will sell much faster because they have one priceless amenity that cant be attained from ohio...the picturesque "on the river" view of downtown cincinnati. i think there might hesitation in cincinnati also with the banks potentially getting started this century. but there are a significant number of smaller, more urban appropriate projects on the cincinnati side and hopefully some big ones in the works. even so, this still puts large numbers of wealth people in the urban core.
February 19, 200718 yr ^ i agree completely. i was just pointing out why there is a greater demand right now for condos on the other side of the river. its amazing that people will sell their souls for a view! jk...kentucky is wonderful.
February 19, 200718 yr Its actually been my understanding that condos in Nky have had more trouble selling than their Cincy counterparts. I agree that more wealth in the urban core is a plus, but I don't think that everyone of these projects can actually happen...and I'd rather see the better/more urban projects happen. It just happens to be that those projects are on the Cincy side of the river...not Nky.
February 19, 200718 yr ^ well i dont know how to verify that, everyone is so hush hush with how many units they actually have left to sell. some people like a great view, some people like a great neighborhood. if you want the view you go to kentucky.
February 20, 200718 yr With the growing Covington and fledgling Newport skyline's taking off, Cincinnati condo owners will have a pretty good view themselves.
February 20, 200718 yr It's certainly much different than ten years ago when I first popped through Newport!
February 21, 200718 yr South Shore condos begun Construction should be completed in 2008 BY JON NEWBERRY | [email protected] Capital Investment Group Inc. officially breaks ground today on its South Shore high-rise condominium project after several months of delays. The construction marks the first high-rise condo project to get under way in the region's central core since work on the Ascent began in Covington in late 2005. The other major high-rise on the drawing boards is Miller Valentine's One River Plaza at the foot of the Purple People Bridge in downtown Cincinnati. The first of two planned towers at South Shore will consist of a four-story garage topped by 17 floors of condos. Sales contracts have already been signed for 28 of 70 units. Construction should be completed in the summer of 2008. Crews began putting in test pilings last week. Read full article here: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20070221/BIZ01/702210325/1076/BIZ
February 21, 200718 yr did they photoshop out the other model? haha that looks terrible. well i guess the press release makes it more official but those of your more construction savy...why test piles? Is that still related to soil testing etc?
February 21, 200718 yr So, it looks like the easternmost tower will go up first. Their original rendering shows 3 residential towers plus one office tower. I wonder if the third tower has been dropped in favor of a larger Tower 2? The article does not mention a third residential tower, but it is the Enquirer.
February 21, 200718 yr Does the long parking structure contain shops or something at the ground level? It would kind of make for a boring streetscape if it was just parking...
February 21, 200718 yr Does the long parking structure contain shops or something at the ground level? It would kind of make for a boring streetscape if it was just parking... I have heard nothing of the sorts...I would imagine just some type of boardwalk type thing that you can stroll along and view the river. I think they are leaving the 2 restaurants that currently sit almost right on the river...those would probably be worked into the project, along with the on-site marina.
February 23, 200718 yr The developers of South Shore say it's not just luxury condos that they offer but a different lifestyle at the $165 million development being built along Newport's Riverboat Row. "The primary thing that we are delivering ... is really that resort lifestyle," Gregg Fusaro, regional development partner with Capital Investment Group, said Wednesday after a groundbreaking for the first phase of construction of the development. $165M condo project started By Kerry Duke, Cincinnati Post | February 22, 2007 Each of the 70 condominiums in the crescent-shaped, 21-story concrete-and-glass tower will boast a view of the Ohio River and the Cincinnati skyline to the north, Fusaro said. The condominiums, which range in size from 1,150 square feet to 7,000 square feet, are priced from $400,000 to $3.7 million. Also included in Capital Investment Group's development will be a private marina built along the development's 1,000 feet of riverfront, for which an application has been filed with the Army Corps of Engineers, and the Shore Club, with such amenities as a fitness center, putting green and swimming pool overlooking the Ohio River. Read full article here: http://news.cincypost.com/apps/pbcs.dll/article?AID=/20070222/NEWS01/702220390
February 27, 200718 yr City OKs SouthShore bonds Clears way for first tower, garage By Scott Wartman, Cincinnati Enquirer | February 27, 2007 SouthShore, a proposed 145-unit riverfront condominium complex, is a step closer to being built. City Commission approved a resolution to issue $40 million in industrial revenue bonds to pay for the first tower and two-thirds of the four-story public parking garage for the development just east of Newport on the Levee. The complex wouldn't be possible without these bonds, according to the developer, Capital Investment Group. Capital Investment is responsible for the bond payments and debt. As part of the deal, SouthShore's first condo tower and garage will be exempt from property taxes for 25 years. Instead, residents in the first tower will pay near the $14.40 per $1,000 of valuation other Newport residents pay annually in state and local property taxes, said Greg Engelman, Newport's chief financial officer. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20070227/NEWS0103/702270385
April 29, 200718 yr 2 Large cranes now on site and erect. So many cranes working different projects in view on 471 now. It is starting to look like a mini Dubai :-D
April 30, 200718 yr Oh ya! anyone know if the project is two buildings now instead of 4? and is the marina still a go?
April 30, 200718 yr All of the renderings I have seen for the project lately is the two building configuration. My Dad was looking at purchasing one a few months back and they said the office project was most likely to be scrapped because of demand. As far as the marina goes, I don't know if there is updated information, but they couldn't guarantee that it would be there because they had to get it looked at by the corps of engineers. On another note, I was down at Don Pablo's a couple weeks ago after a reds game and traffic was AWFUL, I couldn't imagine the traffic over there with all of these residents. On any note I am really glad this building is going up, I wasn't too sure if it was going to come to fruitition.
April 30, 200718 yr wow...they didnt waste any time getting those up. seems like most projects around here utilize the smaller cranes until the absolutely need a tower. we need to add about 4 more around town and we'll be set
May 1, 200718 yr Well, the first post on this thread is from 8/20/05, so it wasn't exactly light speed (unless you were referring to the actual construction of the crane, then I digress).
May 1, 200718 yr That crane is a little larger than I expected, and it really jumps out as you head north on 471. You can also see the one for the new tower in Eden Park in the same view. And I agree, let's get a few more out there.
May 1, 200718 yr Well, the first post on this thread is from 8/20/05, so it wasn't exactly light speed (unless you were referring to the actual construction of the crane, then I digress). i meant since they started actual building construction...which was only a few weeks ago
May 3, 200718 yr Billboard promises South Shore condos May 3, 2007 | CINCINNATI ENQUIRER Workers erected a billboard in Walnut Hills on Wednesday advertising the new South Shore high-rise condominium project in Newport along the Ohio River just east of the Interstate 471 Big Mac bridge. The first of two planned towers at South Shore will consist of a four-story garage topped by 17 floors of condos. Sales contracts have already been signed for 28 of 70 units. List prices start at $400,000 and go up to $3.7 million for units that range in size from about 1,150 square feet to a 5,000-square-foot penthouse that includes an "outdoor living room" balcony. All of the units face the river and have views of the Cincinnati skyline. Read full article here: http://news.nky.com/apps/pbcs.dll/article?AID=/AB/20070503/BIZ01/705030337
Create an account or sign in to comment