Quality Inn Redev to Lofts: Property Development in Cincinnati

Quality Inn Redev to Lofts: Property Development in Cincinnati
Quality Inn Redev to Lofts: Property Development in Cincinnati
Quality Inn Redev to Lofts: Property Development in Cincinnati
Quality Inn Redev to Lofts: Property Development in Cincinnati

Last Updated on: 1st March 2025, 04:02 am

An exciting project is underway in the heart of Cincinnati, transforming a historic site into modern, upscale lofts. Located at 2015 Freeman Ave, this development blends the charm of the past with cutting-edge design and smart building technologies. The property sits in a thriving urban neighborhood, offering residents a unique blend of convenience and style.

This opportunity is not just about creating a new living space but also about revitalizing the community. The project aims to attract quality jobs and high wages, contributing to the city‘s growth1. With pre-sale discounts available, now is the perfect time to invest in this promising market.

The architectural redesign focuses on adaptive reuse, preserving the building’s history while introducing modern amenities. This approach supports broader regional redevelopment trends, making it a landmark site in Cincinnati’s urban landscape.

Key Takeaways

  • Historic site transformed into modern lofts with smart technologies.
  • Prime location at 2015 Freeman Ave in a vibrant urban neighborhood.
  • Investment opportunity with pre-sale discounts available.
  • Architectural redesign blends history with modern design.
  • Supports regional redevelopment trends and community growth.

Introduction to the Transformation Project

Cincinnati’s urban landscape is set to welcome a groundbreaking redevelopment project. This initiative aims to blend historic charm with modern living, creating a space that honors the past while embracing the future. The project is a collaborative effort among city stakeholders, developers, and the community, ensuring it meets the needs of today’s residents.

Project Vision and Background

The vision behind this development is to transform a historic site into a vibrant living space. Rigorous market research informed the plan, ensuring it aligns with the demands of modern urban living. Early pre-sale events, which began in April, have already generated significant interest2.

This plan is not just about creating new homes but also about revitalizing the surrounding area. By attracting investors and residents, the project aims to contribute to the city’s ongoing urban renaissance. Recent news and development meetings have further shaped the strategy, ensuring it remains on track2.

Historic Context and Adaptive Reuse

The building’s historic context plays a crucial role in its transformation. Originally a Quality Inn, the site has been reimagined through an adaptive reuse strategy. This approach preserves its legacy while introducing modern amenities, making it a landmark in Cincinnati’s urban landscape.

The process has been a collaborative effort, with input from various groups and city stakeholders. This ensures the project not only meets current needs but also supports broader regional redevelopment trends. For more insights into urban planning, explore the Innovista Master Plan.

Quality Inn Redev to Lofts Property Development Cincinnati

A historic site in Cincinnati is undergoing a remarkable transformation. This project is turning a well-known location into luxurious loft units, blending modern design with historical elements. The process is driven by strategic planning and thorough market research, ensuring it meets the needs of today’s urban dwellers3.

Cincinnati’s dynamic market and thriving downtown culture make this development a standout. The plan includes 148 apartments, ranging from 700 to 1,700 square feet, with monthly rents between $700 and $1,5003. This initiative is not just about creating homes but also revitalizing the surrounding area.

Recent meetings and planning sessions have solidified the project’s direction. The attention to detail in every facet, from design to execution, sets it apart in local news. The integration of modern amenities with the building’s historic charm ensures it will be a landmark in the city’s urban fabric.

Feature Details
Total Apartments 148
Size Range 700 – 1,700 sq ft
Monthly Rent $700 – $1,500
Parking Spaces 196

This development is a testament to Cincinnati’s commitment to innovative urban living. By combining history with modern design, it promises to be a centerpiece in the city’s ongoing growth3.

Project Details and Timeline

From acquisition to final delivery, this project’s timeline reflects a commitment to innovation and community growth. Every phase has been carefully planned to ensure efficiency and quality, making it a standout in urban development.

project timeline in Cincinnati

Acquisition, Planning, and Pre-Sale Milestones

The journey began in December 2012 with the acquisition of the property. This marked the first step in transforming the site into a modern living space. Rigorous planning sessions followed, ensuring the design aligned with the needs of today’s urban dwellers4.

Pre-sales are set to begin in April 2024, offering early investors exclusive discounts. These milestones are crucial for securing funding and generating interest in the building. Recent meetings have further refined the plan, keeping stakeholders informed and engaged4.

Construction Start and Final Delivery Dates

Construction is scheduled to begin in Q1 2025, with final delivery expected in Q3 2027. This timeline ensures a balance between design innovation and adherence to deadlines, minimizing delays and cost overruns4.

Ongoing news coverage and regular updates keep the community informed about progress. The efficient planning process has set the stage for a smooth transition from concept to completion.

  • Acquisition completed in December 2012.
  • Pre-sales begin in April 2024.
  • Construction starts Q1 2025.
  • Final delivery expected Q3 2027.

Unit Mix and Architectural Details

The redevelopment project introduces a diverse mix of unit types, designed to meet modern urban living needs. From efficiencies to two-bedroom configurations, each unit is crafted to maximize space and functionality. This approach ensures a wide range of options for residents, catering to different lifestyles and preferences5.

Different Floor Plans and Unit Configurations

The floor plans are thoughtfully designed to blend modern aesthetics with historical elements. Efficiencies range from 612 to 800 square feet, offering compact yet comfortable living spaces. One-bedroom units span 800 to 1,200 square feet, while two-bedroom configurations provide 1,200 to 1,700 square feet of space5.

Each unit features customizable home-like features, such as open-concept layouts and energy-efficient appliances. The design innovations prioritize resident comfort and convenience, making every apartment a welcoming retreat5.

Unit Type Size Range (sq ft) Key Features
Efficiency 612 – 800 Compact, open-concept
One-Bedroom 800 – 1,200 Spacious, customizable
Two-Bedroom 1,200 – 1,700 Family-friendly, energy-efficient

The architectural vision emphasizes community-centric design, with centralized layouts and connected communal spaces. This approach fosters a sense of belonging, making the development a true center of urban living5.

Amenities and Lifestyle Features

Residents will enjoy a blend of luxury and convenience in this modern living space. The project offers a range of upscale amenities designed to enhance daily life. From smart building features to community-focused spaces, every detail has been thoughtfully planned to create a premium lifestyle destination.

Modern Conveniences and Technology Integration

The building is equipped with state-of-the-art technology to ensure security and convenience. Smart systems, including intercoms and elevators, streamline daily routines. Each unit features in-unit washer/dryer setups and energy-efficient appliances, making life easier and more sustainable6.

Residents can also enjoy private gated parking and a modern gym. These features are designed to meet the needs of today’s urban dwellers, offering both comfort and functionality. The integration of technology positions this development as a leader in modern living7.

Community Spaces and Recreational Areas

The community spaces are designed to foster interaction and a sense of belonging. A rooftop sundeck provides a perfect spot for relaxation, while a fitness center encourages an active lifestyle. The inclusion of a dog park and community garden beds adds to the appeal, creating a vibrant and inclusive environment6.

These spaces are not just for recreation but also for work and collaboration. The versatility of the apartment designs ensures that every resident can create a space that suits their needs. Early feedback from meetings highlights the positive impact of these amenities on the overall living experience7.

Amenity Details
Private Gated Parking Secure and convenient parking for residents
Modern Gym State-of-the-art fitness equipment
Rooftop Sundeck Relaxation area with stunning views
Dog Park Dedicated space for pets
Community Garden Beds Space for gardening and community bonding

This project is more than just a place to live—it’s a lifestyle. By combining modern conveniences with community-focused spaces, it sets a new standard for urban living. Residents can look forward to a seamless blend of comfort, technology, and connection.

Urban Renaissance in Cincinnati’s West End

The West End of Cincinnati is experiencing a transformative urban renaissance, blending history with modern innovation. This development is not just about new buildings but also about revitalizing the community and preserving its rich heritage. The project aims to create a vibrant, inclusive district that attracts both residents and visitors8.

urban renaissance in Cincinnati’s West End

Neighborhood Revitalization and Historical Significance

The West End has a deep historical significance, with its unique 19th-century architecture and dense urban corridors. The development focuses on adaptive reuse, preserving the area’s charm while introducing modern amenities. This approach ensures that the district remains a landmark in Cincinnati’s urban landscape8.

Recent news and meetings have highlighted the positive impact of this project on the community. By attracting investments and residents, the development is contributing to the ongoing urban renaissance in the West End8.

Local Investments and Transportation Access

Local investments, such as the FC Cincinnati project, are boosting the area’s appeal. Improved transportation access, including free streetcar service and proximity to Over-the-Rhine, is making the West End more accessible. These developments are attracting new residents and businesses, fostering a thriving community8.

The design of the project emphasizes connectivity, with plans for new roads and pedestrian-friendly spaces. This integrated approach ensures that the West End remains a vibrant part of Cincinnati’s urban fabric8.

Feature Details
Local Investments FC Cincinnati project, new businesses
Transportation Access Free streetcar service, proximity to OTR
Community Spaces Pedestrian-friendly areas, public parks

For more insights into the West End’s revitalization, explore the West End Comprehensive Plan. This plan outlines strategies for housing development, commercial growth, and improving the community’s image, ensuring a balanced approach to new investments8.

Innovative Design and Sustainable Development

The transformation of this historic site into a modern living space showcases a perfect blend of innovation and sustainability. The project emphasizes energy efficiency and smart building features, ensuring a reduced environmental impact while maintaining the charm of the past9.

Balancing Modern Aesthetics with Historic Preservation

The design approach focuses on adaptive reuse, preserving the building’s historical elements while introducing modern amenities. Restoration techniques include retaining original facades and integrating them with contemporary materials. This ensures the building remains a landmark while meeting today’s urban living standards9.

Feedback from key meetings highlights the streamlined process of incorporating these elements. The integration of modern technology with classic architectural design is particularly evident in spaces like the restaurant-level common areas, which blend functionality with aesthetic appeal9.

Energy Efficiency and Smart Building Features

The project incorporates advanced energy-efficient systems, including smart thermostats and LED lighting. These features reduce energy consumption and operational costs, making the building both eco-friendly and cost-effective10.

Smart building technology, such as automated lighting and climate control, enhances resident comfort. The use of renewable energy sources, like solar panels, further supports the development’s sustainability goals4.

Feature Details
Smart Thermostats Automated temperature control for energy savings
LED Lighting Energy-efficient lighting throughout the building
Solar Panels Renewable energy source to reduce carbon footprint
Automated Systems Lighting and climate control for enhanced comfort

Local funding and grants have played a crucial role in supporting these sustainable initiatives. Programs like the Cincinnati Metropolitan Housing Authority’s “Building for the Future” have provided resources to ensure the project’s success9.

Investor Opportunities and Financial Insights

Investors are presented with a rare chance to capitalize on a transformative urban initiative in Cincinnati. This project offers a blend of historical charm and modern design, making it a standout in the market. With pre-sale incentives and a clear pricing strategy, this opportunity is designed to deliver strong returns11.

Pre-Sale Incentives and Pricing Strategy

Early investors can take advantage of a 10% discount to market value, making this a compelling opportunity. Prices for units range from $285,000 to $455,000, catering to a variety of budgets11. The plan includes flexible deposit structures, ensuring accessibility for a wide range of investors.

Recent news and market analysis validate the pricing strategy, highlighting the development’s alignment with current trends. This transparency builds confidence in the project, making it a smart choice for those looking to invest in Cincinnati’s growing urban landscape11.

Projected Return on Investment

Investors can expect a robust return on investment, driven by the property’s prime location and high-demand amenities. The market analysis projects steady growth, supported by the city’s ongoing urban renaissance11.

Key design elements, such as energy-efficient systems and smart building features, enhance the value of each unit. These factors contribute to both long-term appreciation and short-term rental potential, offering dual benefits for investors12.

  • 10% pre-sale discount to market value.
  • Prices range from $285,000 to $455,000.
  • Flexible deposit structures for accessibility.
  • Projected ROI supported by market trends.
  • Energy-efficient and smart building features.

For more insights into the Cincinnati industrial market, explore the latest trends and research. This resource provides valuable context for evaluating investment prospects in the region.

Competitive Advantages of the Redevelopment

This redevelopment initiative sets itself apart with distinct advantages that cater to both investors and residents. From premium materials to flexible rental options, the project is designed to maximize value and appeal. These features ensure it stands out in Cincinnati’s growing urban landscape13.

competitive advantages of redevelopment

Sponsor’s Unique Access to Premium Materials

The sponsor’s direct access to high-quality materials from Aster Cucine significantly enhances the building’s aesthetic and structural integrity. This not only reduces construction costs but also ensures a superior finish that appeals to discerning residents13.

Recent meetings with investors have highlighted the sponsor’s ability to source materials efficiently. This strategic advantage allows for a streamlined plan that minimizes delays and maximizes quality13.

Flexible Rental Options and Autonomy for Investors

Investors benefit from the flexibility to choose between short- and long-term rental options. This adaptability caters to diverse market demands, making the units attractive to a wide range of tenants13.

The design of the development supports this flexibility, with layouts that suit both temporary and permanent living arrangements. This approach has been well-received in recent news and investor feedback13.

Feature Details
Premium Materials Sourced from Aster Cucine for superior quality
Rental Options Short- and long-term leases available
Investor Autonomy Flexibility to adapt to market demands
Cost Efficiency Reduced construction costs through strategic sourcing

These competitive advantages position the project at the forefront of Ohio’s redevelopment market. By combining premium materials with flexible rental options, it offers a compelling opportunity for investors and residents alike13.

Enhancing Downtown Cincinnati’s Urban Experience

Downtown Cincinnati is poised to elevate its urban charm with a transformative project. This initiative is designed to seamlessly integrate modern living with the city’s rich cultural and historical fabric. By leveraging its prime location, the development aims to create a vibrant hub that enhances the daily lives of its residents.

Proximity to Key Attractions and Transportation

The property’s strategic location places it within walking distance of iconic destinations like Over-the-Rhine (OTR) and Findlay Market. These areas are renowned for their dining, entertainment, and cultural offerings, making them a magnet for locals and visitors alike14.

Connectivity is another standout feature, with free streetcar service providing easy access to downtown and surrounding neighborhoods. This ensures that residents can effortlessly explore the city’s vibrant areas14.

Integration with Local Business and Cultural Hubs

The project is deeply connected to the local community, fostering partnerships with nearby businesses and cultural organizations. This integration not only supports the local economy but also enriches the living experience for residents.

Design features like stylish front doors and ample parking spaces add to the urban lifestyle appeal. Recent news and planning sessions have reinforced the development’s downtown credentials, ensuring it aligns with the city’s broader plan for growth14.

By fostering a lively community and seamless integration with the surrounding area, this project is set to become a cornerstone of downtown Cincinnati’s urban renaissance.

Integration with Broader Regional Developments

Cincinnati’s urban renaissance gains momentum with a project that aligns seamlessly with broader regional developments. This initiative complements the $800 million downtown convention district redevelopment, creating a connected urban environment that benefits the entire district15.

Impact on Downtown Convention District Revitalization

The project is set to play a pivotal role in revitalizing the downtown convention district. By integrating modern amenities and extra space, it enhances the area’s appeal for both residents and visitors15.

Recent updates from April highlight the collaborative work between developers and local associations. This partnership ensures the development aligns with the city’s broader vision for growth15.

Synergies with New Hospitality Ventures

New hospitality ventures in the area are set to benefit from this project. The integration of modern design and strategic planning creates a synergy that supports the growth of nearby hotels and businesses15.

Scheduled meetings and a detailed planning program signal a strong commitment to fostering a vibrant urban environment. This approach ensures the development remains a cornerstone of Cincinnati’s ongoing transformation15.

Feature Details
Convention District Impact Enhanced appeal for residents and visitors
Hospitality Synergies Supports growth of nearby hotels and businesses
Collaborative Efforts Partnerships with local associations and developers
Planning Program Detailed strategies for urban revitalization

By fostering a connected urban environment along key city roads, this project ensures long-term benefits for the community and the district. It’s a testament to Cincinnati’s commitment to innovative urban living15.

Future Prospects and Community Impact

The future of urban living in Cincinnati is being reshaped by a transformative initiative that promises long-term benefits for the community. This project is not just about creating modern spaces but also about fostering economic growth and social cohesion16.

Long-Term Economic and Social Benefits

Adaptive reuse projects like this serve as a model for sustainable urban development. By revitalizing historic buildings, the initiative preserves the city’s heritage while meeting modern needs. This approach has been shown to boost local economies and create new opportunities for residents17.

Each unit is designed to offer a unique living experience, blending innovative design with functionality. This not only enhances the market value of the properties but also contributes to a vibrant, connected community18.

Vision for a Sustainable Urban Future

The project’s vision extends beyond physical spaces. It aims to create a sustainable urban environment that supports both residents and the broader community. Energy-efficient systems and smart building features are integral to this vision, ensuring long-term environmental benefits16.

“Sustainable urban development is not just about buildings; it’s about creating spaces that inspire and uplift communities.”

By fostering a sense of belonging and offering high-quality living spaces, this initiative sets a new standard for urban development. It’s a testament to Cincinnati’s commitment to innovation and community growth18.

Conclusion

This initiative stands as a testament to visionary urban planning, blending history with modern innovation. From acquisition to final delivery, the project has achieved significant milestones, reflecting its commitment to sustainable practices and community growth19.

The building’s transformation into a vibrant center highlights its role in revitalizing the local economy in Ohio. With a focus on adaptive reuse, it preserves the city’s heritage while meeting contemporary needs1.

We invite you to stay updated on ongoing news and attend upcoming meetings to explore investment opportunities. Learn more about similar transformative projects like the U Square at The Loop, which has set a benchmark for urban renewal.

Join us in shaping a sustainable urban future, where art and design fuse to create a unique hub for community and economic growth. Your involvement can make a lasting impact.

FAQ

What is the vision behind the Quality Inn redevelopment project?

The project aims to transform the former Quality Inn into modern lofts, blending historic preservation with contemporary living. It’s part of a broader effort to revitalize Cincinnati’s West End and enhance the urban experience.

What types of units will be available in the lofts?

The lofts will offer a variety of floor plans, including studio, one-bedroom, and two-bedroom configurations. Each unit will feature modern finishes and smart technology for a comfortable lifestyle.

What amenities will residents have access to?

Residents will enjoy modern conveniences like fitness centers, community spaces, and recreational areas. The design also includes energy-efficient features and smart building technology.

How does this project contribute to Cincinnati’s urban renaissance?

The redevelopment supports neighborhood revitalization by preserving historic elements while introducing modern living spaces. It also enhances access to local businesses, cultural hubs, and transportation.

What are the key milestones for the project?

The project includes acquisition, planning, and pre-sale phases, followed by construction and final delivery. Specific dates will be shared as the project progresses.

Are there investment opportunities available?

Yes, the project offers pre-sale incentives and a strategic pricing plan. Investors can expect competitive returns and flexible rental options.

How does the design balance modern and historic elements?

The lofts feature a blend of modern aesthetics and historic preservation, ensuring the building’s character is maintained while incorporating energy-efficient and smart technologies.

What makes this redevelopment unique?

The project stands out due to its premium materials, flexible rental options, and integration with Cincinnati’s downtown attractions and cultural hubs.

How will this project impact the local community?

The redevelopment will bring long-term economic and social benefits, including job creation, enhanced urban living, and support for local businesses.

What is the timeline for construction and delivery?

Construction is set to begin soon, with final delivery expected within the next few years. Stay tuned for updates on specific dates.

Source Links

  1. https://www.wcpo.com/news/local-news/i-team/the-fixer-how-a-developer-plans-to-revive-cincinnatis-biggest-empty-building-forest-fair-mall
  2. https://www.lisc.org/media/filer_public/6e/a0/6ea0be11-fc3a-4a07-bcac-52f73172c96e/strategy_guide_-_5-26-2020.pdf
  3. https://www.soapboxmedia.com/devnews/042115-former-scpa-redevelopment.aspx
  4. https://www.blueash.com/ongoing_projects/kenwood_cooper_corner.php
  5. https://casestudies.uli.org/wp-content/uploads/2015/12/C034020.pdf
  6. https://www.twgdev.com/blog/3021-twg-announces-new-affordable-multifamily-community-coming-to-missouri
  7. https://www.cityclubapartments.com/properties/pages/article.asp?id=97
  8. https://www.urbanophile.com/2008/05/10/cincinnati-a-midwest-conundrum/
  9. https://www.nahro.org/journal_article/award-of-excellence-building-for-the-future/
  10. https://www.uc.edu/news/articles/legacy/enews/2007/03/an-alternative-report-card–selected-urban-universities-and-community-development-engagement.html
  11. https://www.brickergraydon.com/insights/resources/developohio
  12. https://www.bradleyassoc.com/investments/
  13. https://gould.usc.edu/centers/class/class-workshops/cleo-working-papers/documents/C12_7_paper.pdf
  14. https://urbanland.uli.org/development-business/cincinnati-s-3cdc-a-model-for-urban-transformation
  15. https://www.choosedeerfield.com/media/Economic Development/Deerfield Township Economic Development Plan.pdf
  16. https://www.soapboxmedia.com/features/011017-on-the-ground-residential-development-walnut-hills.aspx
  17. https://www.cincinnatiport.org/impact-2020-affordable-housing/
  18. https://development.ohio.gov/wps/wcm/connect/gov/874e396c-33dd-462d-acee-f3823c460411/2021-1214-Round-27-Historic-Award.pdf?MOD=AJPERES&CONVERT_TO=url&CACHEID=ROOTWORKSPACE.Z18_K9I401S01H7F40QBNJU3SO1F56-874e396c-33dd-462d-acee-f3823c460411-nS.CbXJ
  19. https://www.cincinnatiport.org/wp-content/uploads/Greater_Cincinnati_Redevelopment_Authority_17-Hamilton.pdf

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