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Cincinnati: Downtown: Hampton Inn / Homewood Suites (Cincinnati Enquirer Building Redevlopment)

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Cincinnati - There is an article in the September 17, 2004 issue of the Business Courier about a possible condo project in the old Enquirer building on Vine Street downtown.  Currently Class B office space and partially vacant, the article dosen't go in much detail as it sounds like no one is talking at the moment.  Tried to find the article online but I was unsuccessful.

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The article in the Business Courier said about 110,000 SF is vacant out of about 217,000 SF or something like that. About half full anyway . . . Downtown Cincinnati, Inc. is located in the building and the building served as the exterior for the offices of "WKRP in Cincinnati".

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That would be a wonderful building for residents.


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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I went and took these pictures from the 15th floor terrace at the URS Center. The Enquirer Building, 617 Vine Street, is the building roughly center with the pediment. The picture illustrates what Cincinnati_Kid was saying in that the building is dumbbell shaped. And the resulting light wells are really quite large and would bring in light and air to the inner units.

 

large.jpg

 

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'Stunning' site to get new life

Former Enquirer building on Vine St. to have $20M mixed-use makeover

BY LAURA BAVERMAN | June 8, 2007

 

For years it housed the printing press and reporting staff of the Cincinnati Enquirer, but come 2008, the historic 617 Vine Street building will undergo a $20 million redevelopment.

 

Middle Earth Developers purchased it for $2.5 million and hopes to use historic tax credits, institutional and private funding to bring the 79-year-old building up to code and convert it to 150 apartments, 150 parking spaces and 54,000 square feet of commercial space.

 

Read full article here:

http://cincinnati.bizjournals.com/cincinnati/stories/2007/06/11/story3.html

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I'm fine with middle earth, they are learning as a they go and doing stuff.  Also taking a building with 82% vacancy class A office space out of the equation can only help our downtown occupancy rate.  It might be like sucking in your gut to fit into your old pants, but until you have to breath you are wearing those 32x32s from back in college.  Good call on apartments instead of condos. that is a cool tobacco store, the couple that owns it are as nice as can be.  and that building has the only no surcharge ATM that I know of downton.

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Good news, the building is very cool in its architectural details, and it is dumbell shaped to allow light to all floors.  Also, this building housed WKRP as the "Phlegm Building".  They should call them the WKRP Lofts, Johnny Fever Flats, or The Residences at the Venus Flytrap.

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It will always be the second best newspaper building in town. The Times-Star building is much better. I think the new Enquirer bldg is more fitting of the paper's quality than the personality that inheres to the Vine Street bldg.

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Also, this building housed WKRP as the "Phlegm Building".  They should call them the WKRP Lofts, Johnny Fever Flats, or The Residences at the Venus Flytrap.

 

I love it!  They all sound great.  Perhaps a WKRP themed business could go in at the street level?

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Yup...apts are definitely a safer bet at this point in time.  Maybe it will help attract some more young people to live downtown...because the $300,000+ condos sure as heck aren't in most YP's price range.  It will be interesting to see how successful the apts will be.  The occupancy rate for downtown apts is quite high, and it would be nice to see it support some additional units without taking a hit.  Who knows maybe it will lead to a new apt. mid-rise of some kind.

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Ah, well this is coming from the person who couldn't find Fountain Square in downtown Cinci after driving around trying to find it! (Rando showed me where it was...)

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Ah, well this is coming from the person who couldn't find Fountain Square in downtown Cinci after driving around trying to find it! (Rando showed me where it was...)

 

What can I say...I'm a pro!

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Middle Earth's $35.4M upscale apartments slated for 2009

BY KEVIN LEMASTER | SOAPBOX

February 19, 2008

 

DOWNTOWN - Middle Earth Developers is finalizing the design on their $35.4 million mixed-use project at 617 Vine Street Downtown, which will include 150 upscale apartments and 54,000 square feet of commercial space when completed late in 2009.

 

The 14-story, 288,000-square-foot building, which was built in 1928 to house the Cincinnati Enquirer's reporting staff and printing press, was purchased my Middle Earth last June after languishing as undesirable, outdated office space.

 

The building is on the National Register of Historic Places and holds treasures such as marble walls, etched bronze elevator doors and an exterior bronze grille featuring details documenting the history of printing.

 

Middle Earth has just begun to clear some debris from the building, and Bill Langevin has been hired as the architect of record.

 

When completed, the apartments are expected to range from 800 to 1,100 square feet and to have monthly rents between $850 and $1,100.  Commercial spaces will fill floors 1 through 3 and will rent for $12 per foot per year.

 

Each residential unit will feature high-end finishes such hardwood floors, granite countertops, stainless steel appliances, and custom fixtures.

 

The three-story basement, which used to house massive printers, will be converted to a 150-space parking garage.

 

Glenn Kukla, project developer for Middle Earth Developers, points out that the Downtown residential market - and especially the apartment market - has continued to stay strong and that the project is designed to capitalize on that trend.

 

"A friend of mine was remarking that for the first time in his memory, you can go Downtown any night of the week and see lots of people walking around, visiting shops and eating at restaurants," Kukla said.  "There is a new sense of vibrancy now Downtown that we’ve never had before.  Like I always like to say, 'It’s no wonder no one goes Downtown…it’s always too crowded!'"

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^

$850 for that location really isn't that bad. It would be nice to see some other people follow suit and get on renovating old office space into apartments. Downtown really is lacking in the apartment market.

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difficult to do apts downtown. construction costs are rising, but rents haven't moved that much in 5 years...

 

The apt I'm looking at (6th & Race Apts) just rose from $700/month to $725/month at the beginning of the calendar year.

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^Very nice...they are new construction and are only like 4 or 5 years old.  They have walk-in closets, balconies, modern/spacious kitchens, large bathrooms, washer/dryer in each unit...just very nice.  There are lots of amenities and the units are nicely laid out.  Obviously I like them though so I am a bit biased.

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As a whole most of the cities rental rates are less than $1.00 a SF, making it hard to build something new...

 

But props to Middle Earth for coming up with a way to do it. I think it will be a cool project in a killer location.

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