Construction begins on second phase of $640 million development next to UC
CINCINNATI (WXIX) — Developers are expected to kick off the $250 million second phase of The District at Clifton Heights soon.
Plans include a seven-story, 171-room hotel called Hotel Celare at the northwest intersection of Clifton Avenue and Straight Street.
Developed by Columbus-based Crawford Hoying, the hotel will feature a rooftop bar overlooking campus and 18,000 square feet of dining and entertainment space. The Cincinnati Planning Commission approved the final development plan in June.
A 14-story residential tower with 380 accommodation units and 1,112 beds will be built immediately west of the hotel on Straight Street and Stratford Avenue. The 143 feet. large building, dubbed the Hub, will include student accommodation, a 169-space parking garage and street-level commercial space.
The Hub is developed by Chicago-based Core Spaces. The Cincinnati Planning Commission approved the final development plan in March, and excavation of the site began in April.
The buildings are expected to open in the summer of 2024.
District lead developer Trinitas Ventures, based in Lafayette, Indiana, said Friday that the second phase of development is progressing, but declined to announce a breakthrough date.
“Our vision for the District of Clifton Heights took shape over four years ago and was built on the active input of community residents, elected officials and key stakeholders,” said Aaron Bartels, vice- executive chairman of mixed-use development for Trinitas.
“This next phase is an important evolution for The District as we continue to enable Straight Street with a great pedestrian experience. We are grateful for our partnership with Crawford Hoying, Core Spaces, the Port and the City of Cincinnati to bring the District to this important step.
The district is a five-acre, $640 million project straddling Straight Street. It resides in the footprint of the old Deaconess Hospital, which was demolished in 2018.
The district’s first phase yielded The Deacon, an eight-story, $120 million building dedicated to student housing. It opened in August 2019.
The Port of Greater Cincinnati Development Authority and the City of Cincinnati created a tax increment financing program to fund public improvements and public parking worth $40 million. Streetscape improvements are also included.
The final development plan envisions two additional buildings on the south side of Straight Street, one of them a high-rise multi-family building, the other a senior housing development.
When complete, the district is expected to be home to more than 3,000 residents, create more than 2,000 jobs and generate about $11 million in annual taxes for the city and county, developers say.
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