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Old Posted Mar 12, 2016, 2:29 PM
jmicha jmicha is offline
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Join Date: Aug 2008
Posts: 52
It is, but the vast majority of redevelopment that has been happening in Cincinnati has been rehabbing of historic buildings in the 2-10 story range and repurposing of underutilized historic office buildings Downtown. The tallest new construction Downtown in terms of residential is only around 15 stories. We've added thousands of housing units in a handful of years and it has made an extremely noticeable change at ground level with more evening and weekend activity and tons of one-off businesses opening but our skyline looks more or less identical to what it did a few years ago. Granted we did get our tallest building in 2010 which changed things up, but beyond that highrise construction has been very limited.

But we've gotten to the point where apartments and condos are at a price point where new construction highrises are sprouting up now which is an exciting switch. Thousands of units are planned or under construction between Downtown and Over The Rhine but most are still in rehabbed vacant buildings. When your city fell hard post WWII there's a lot more opportunity for adaptive reuse so new construction hasn't really been all that necessary until the last couple years.

This building may be the exact same as the other 17 SkyHouses but there are currently zero new construction glass residential highrises for the reasons stated above. So it will offer a new product that will hopefully encourage more developers (with more originality hopefully) to construct their own properties.