Streetcar Exciting New Homebuyers

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From this week’s Soapbox:

3CDC-related development projects in Over-the-Rhine date back to 2004 and include 205 housing units and 43,733 square feet of commercial space.  To date, more than 70 percent of these housing units have been occupied, and roughly 60 percent of all commercial space has been filled resulting in more than 39 businesses becoming members in the Gateway Quarter Merchant’s Association.

“People have been attracted to the downtown area because they can actually walk to work, entertainment and dining and not have to worry about driving.  People can actually save money by living downtown,” said Holly Redmond, Gateway Quarter Realtor with Link Realty.  “New buyers are also excited about the hype of everything new coming like the streetcar and the casino.”

Read the rest here.

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