findlay market

Crown Building Opens Along Streetcar Route

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Nearly two years after acquisition, Kim Starbuck and Charles Erickson revealed their newly revived property across the street from Findlay Market. The Crown Building, which was scooped up by the pair in 2011, revealed itself to the community just days after construction resumed along the streetcar route. Track welding had ceased directly in front of the building, leaving a giant hole and makeshift footbridge along Elm Street.

A mixed-use development, The Crown will have a restaurant on the ground floor, commercial space on the second floor, and four residential apartments above. The storefront uses an innovative operable window system, the first of its kind certified by an Historic Tax Credit project.The project has also achieved LEED Silver Certification.  This landmark building with a breathtaking view of Findlay Market is still looking for tenants who want to take advantage of the benefits of living near a prime streetcar stop. With the route underway, this will be the first of many new renovations of abandoned buildings north of Liberty Street.

Phase one construction update for the week of September 6

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Demolition continues at the Maintenance & Operations Facility site (at Henry and Race streets). The footprint of the first building (1911 Race St.) is being filled and leveled.

Progress this week:

  • Abatement at the MOF site was completed.
  • Demolition of 1911 Race St. was completed, and basement backfilling began.
  • Demolition of 1910 Elm St. (east building) began.
  • Exploratory digging for utilities continued along Elm and Race streets at Findlay Street, and started along Elm near Elder and Liberty streets.
  • Water main installation started along Central Parkway near Walnut Street.
  • Conduit installation for traffic signals continued near the southwest corner of Washington Park. Work also started along Elm and Race streets near Findlay Street.
  • Duke conducted underground gas work along Elm Street (just north of Music Hall) and on Race Street near Findlay Street.
  • Duke also conducted underground electrical work on Main near Ninth Street, Central Parkway near Walnut Street, Race Street near Elder Street and Race Street by the School for Creative and Performing Arts.

Planned for next week:

  • Water main installation will continue near Central Parkway and Walnut Street. Traffic will be minimally restricted at all times.
  • Conduit installation for traffic signals will continue near the southwest corner of Washington Park, on Elm Street near Findlay Street, and on Race Street between Liberty and Findlay streets. Work also will begin on Elm near Liberty. Traffic will be minimally restricted at all times.
  • Exploratory digging will continue on Race Street between Liberty and Findlay streets. Traffic will be minimally restricted at all times.
  • New sanitary and storm installation will begin on Elm Street between 12th and 15th streets. Note: 14th Street will be closed between Central Parkway and Race Street.
  • Demolition of 1910 Elm St. (east building) & backfilling of 1911 Race St. will continue at the MOF site.
  • Duke will conduct underground gas work on Race Street near Findlay Street.
  • Duke also will conduct underground electrical work on Main Street near Ninth Street, on Race Street near Elder Street and on Race Street near SCPA.
  • Business/resident notification will start along Elm Street, west of Washington Park.

Historic Preservation Awards Spur Development Along Streetcar Line

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Streetcar Map Tax Credits

The good news just keeps on coming for Cincinnati’s neighborhoods. The state has just announced that roughly $9.1 million worth of Ohio Historic Preservation Tax Credits will flow to six projects along the phase one route of the Cincinnati Streetcar.

The awards are part of a biennial distribution of historic tax credits state-wide. In this round, the state credits will spur approximately $61 million in private investment throughout the Central Business District, Pendleton, and Over-the-Rhine.

What it means is new residential units, commercial space, and hotel rooms will be added, and historically significant structures will be saved and restored. Here is a full breakdown of the six Cincinnati projects to benefit from this round of awards:

  1. Brill House ($256,250 total project cost; $62,500 historic tax credit): Located at 1612 Elm Street, just south of Findlay Market, the Brill House is a “slender three-story apartment building adorned with balconies, wrought-iron detailing and a bracketed cornice.” Porch Swing Properties acquired the property and plans to renovate the structure into seven residential units with a street-level storefront.
  2. 1405-07 Elm Street ($1,838,474 total project cost; $247,981 historic tax credit): Located just north of the newly renovated and expanded Washington Park, these properties are slated to be renovated into four market-rate apartments.
  3. 1500 Race ($1,043,319 total project cost; $221,379 historic tax credit): Located at the corner of 15th/Race, the 118-year-old structure is planned to be rehabilitated into three market-rate apartments, two vacation rental residential units, and commercial space on the first floor.
  4. 1667 Hamer ($215,000 total project cost; $52,200 historic tax credit): This property is also located in Over-the-Rhine and was purchased through the OTR ADOPT program. The new owners intend to immediately stabilize the 143-year-old building, which has been vacant for more than a decade, and rehabilitate the structure into three one-bedroom, market-rate apartments.
  5. Woodward High School ($24,292,232 total project cost; $3,471,904 historic tax credit): This property is better known as the former SCPA, but its original construction 103 years ago was to serve as Woodward High School. Located in Pendleton, the new owners and developers intend to transform the property into a boutique hotel with residential apartments. The previous proposal called for renovating the entire structure into 155 apartments, but that proposal has since changed as a Marriott has expressed interest in opening an AC Hotel at the site. The project requested $5 million, and is still eligible to receive the remainder of that tax credit in future allocations.
  6. Union Trust Building ($33,250,000 total project cost; $5,000,000 historic tax credit): Located at 4th/Walnut in the Central Business District, this 17-story tower is famous for its design by architect Daniel Burnham. Originally built for Union Trust Bank, the predecessor to Fifth Third Bank, the office building has sat vacant for several years following its foreclosure. New owners have signed an agreement to renovate the tower and open a 300-room Renaissance Hotel by Marriott.