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Volume 7 / Issue 3 - The Port Updates
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PUBLIC FINANCE

The Port Partners to Redevelop Vacant Price Hill Icon

Price Hill Will (PHW) will develop the historic Masonic Lodge, designed by renowned Cincinnati architect Samuel Hannaford and built in 1912. Ground was broken in April to transform the 20,000 square foot property into a community event and arts education space and home for PHW and MYCincinnati youth orchestra.The City of Cincinnati contributed a $3MM grant toward the redevelopment and approved a 12-year Community Reinvestment Act exemption. The Port will enter a sale-leaseback agreement with PH Masonic Lodge LLC for redevelopment of the property by Model Group in late May.
READ MORE ABOUT THIS TRANSFORMATIVE PROJECT

INDUSTRIAL REVITALIZATION

U.S. EPA Grant Enables New Development in Pleasant Ridge to Move Forward

“This development is moving forward because of partnerships. PRDC received funding support from Mayor Cranley and the City of Cincinnati in addition to the brownfield assessment grant from The Port. PRDC is a neighborhood development group with limited resources. Drawing on the EPA grant to do the Phase I assessment was critical to our ability to purchase the property.”

- Jason Chamlee, President of the Pleasant Ridge Development Corp.
The first infill, new construction development in the Pleasant Ridge business district is moving forward after the neighborhood’s community development corporation, the nonprofit Pleasant Ridge Development Corp. (PRDC), applied for Phase 1 Environmental Site Assessment and asbestos survey funding, which was awarded by The Port, administrator of a U.S. EPA Brownfield Assessment grant. Now PRDC is moving forward with development of the 1.25 acre property.
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HAMILTON COUNTY LANDBANK

Family Restores Dream Corner Home in Walnut Hills

Sam and Rebecca Lieberman knew they wanted to buy a house on a corner in an urban neighborhood in Cincinnati. They spent months walking throughout Walnut Hills – hoping to find the perfect home. Instead they found an extremely neglected Landbank property at Burdett and Ashland Avenues that they lovingly began restoring in 2017 when Rebecca was pregnant with their first child.
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PORT BOARD

Rance Duke Joins The Port Board of Directors

Former Vice President, Head of Investment Grade Credit, at Fort Washington Investment Advisors, Inc., Rance Duke was appointed to The Port Board of Directors by the Hamilton County Board of County Commissioners. Rance has over 37 years of treasury and investment leadership experience at W&S.
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PORT EVENTS

African American Chamber and The Port Hold Forum to Share Real Estate & Business Opportunities

The African American Chamber and The Port hold quarterly Real Estate Forums to share potential real estate and business opportunities related to The Port’s residential, commercial and industrial development projects throughout Hamilton County. The Port approaches economic inclusion with intention to attract participation in the services it contracts and in its various contracts for development projects from a wide variety of businesses. Read more about our most recent forum in April.
READ MORE

Upcoming Events

WED May 8, 2019: The Port - Board of Directors Meeting
THURS May 16, 2019: Camp Washington Business Association - Industrial Revitalization Presentation
WED May 22, 2019: HURC - Board of Directors Meeting

In the News

WCPO - Developers want a West End population boom to complement stadium, but residents don't want 'OTR 2.0'
WLWT - Cincinnati leaders announce plans for new convention center hotel
Business Courier - Port's residential housing program moves to a next neighborhoods
Local 12 - Redevelopment of former Price Hill Masonic Lodge begins
Enquirer - Historic Masonic Lodge Gets a Makeover (Photos)
Business Courier - Turner tops out 206-foot Court and Walnut Tower
WVXU - Downtown's New Kroger Store and Apartment Tower Gets 'Topped Off"
Business Courier - Port closes on convention center-area garages
RE Business - Messer Construction Buys Cincinnati Development Site, Plans to Construct 73,000 SF Industrial Building
Business Courier - Walnut Hills craft brewery raises more than $500,000 through crowdfunding
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