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Quote from: mcadrenaline on June 25, 2012, 07:00:49 AMMercer groundbreaking tomorrow! Anyone have the deets?Press Release from 3CDC$59M MERCER COMMONS BREAKS GROUND TUESDAY154 housing units, 17,600 SF commercial space, and 359 parking spaces CINCINNATI – (June 25, 2012) – The City of Cincinnati, 3CDC, and its corporate partners will break ground at 10:30 a.m. tomorrow, June 26th, on the first of three phases of construction in Over-the-Rhine that will ultimately yield 28 condos, 126 apartments (30 of which will be affordable to those making 50-60% of area median income), 359 parking spaces, and 26,000 SF of commercial space. The $59 million project, dubbed Mercer Commons, includes the redevelopment of 19 historic buildings and 26 vacant parcels of land on a total of 2.67 acres between East 13th and 14th streets, bounded by Vine Street on the west and Walnut Street on the east. Mercer Commons represents the largest mixed-use project to date for 3CDC. Since 2007, 3CDC has completely restored 57 historic buildings in Over-the-Rhine, creating 186 condominiums that are 97% sold, over 90,000 SF of commercial space that is 85% leased, and 68 market-rate rental units that have been fully leased for years. 3CDC and its partners have invested over $200 million in Over-the-Rhine developments, including the redeveloped Washington park, streetscapes, land-banked buildings, and annual carrying costs associated with future development sites. 3CDC solicited feedback on the Mercer Commons project through a series of community input session held from 2008 to 2011, involving representatives from dozens of organizations. Feedback included the need for more apartments to meet increased demand for rental housing, the need for affordable units to continue developing a mixed-income neighborhood, more retail and commercial space on Walnut to begin to create a critical mass, and more parking and green space needed by neighborhood business owners and residents. The project meets these community needs and creates a connection between already completed projects by redeveloping vacant buildings and parcels into a more unified district. The first phase of construction includes the restoration of 4 historic buildings into 11 for-sale units, and the construction of 5 new townhomes, 1 new 340-space parking garage, and 1 new mixed-use building to include 12 for-sale units and 3,900 SF of commercial space. Tuesday’s groundbreaking will be followed by a 16-month construction schedule, with the garage opening in March 2013. Funding partners include PNC Bank, JobsOhio, the City of Cincinnati, 3CDC, Cincinnati Development Fund, Cincinnati Equity Fund II, and Cincinnati New Markets Fund. Messer Construction is the general contractor, and the design team includes City Studios, and City Architecture.
Mercer groundbreaking tomorrow! Anyone have the deets?
^Oh don't worry I'm in the process of photographing everything. Back when they were first building the Gateway garage, you couldn't even take photos of the construction without worrying that you would get mugged, even in broad daylight. That's why I only have a few photos of it under construction and of the very first Vine St. rehabs at 12th.
Well, equipment is on site and they put up the rendering on the corner. Anybody with a good camera should get over there before they fence off the site...could make for some really remarkable before and after shots! Particularly a Vine St. panoramic and some shots of the buildings on Mercer St.
Quote from: mcadrenaline on June 26, 2012, 12:27:55 PMWell, equipment is on site and they put up the rendering on the corner. Anybody with a good camera should get over there before they fence off the site...could make for some really remarkable before and after shots! Particularly a Vine St. panoramic and some shots of the buildings on Mercer St. My office also has photos of Vine at Mercer from the 80s/90s that interns will be scanning in this summer. One day I'll make a photo blog or a better flickr and post a gallery for anyone interested in viewing.
Is that pic above with the orange barrels a latrine pit? That could be some cool investigating!
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Topic: Cincinnati: Over-the-Rhine - Mercer Commons (Read 58404 times)
