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Cincinnati: Downtown: Fourth & Walnut Center

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Has anyone heard what's happening at Fourth & Walnut Center?  It was supposed to be converted to a hotel and tenants were moved out at the end of 2018, but since then there has been no activity.

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15 hours ago, thesenator said:

Has anyone heard what's happening at Fourth & Walnut Center?  It was supposed to be converted to a hotel and tenants were moved out at the end of 2018, but since then there has been no activity.

 

I believe it is still going to happen but they are working through budget issues.  

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18 hours ago, thesenator said:

Has anyone heard what's happening at Fourth & Walnut Center?  It was supposed to be converted to a hotel and tenants were moved out at the end of 2018, but since then there has been no activity.

Project is still happening, GC that was selected started creating alot of issues. The project is in for LEED certification. The timeline has been pushed back some because of the GC issue and budget numbers. Developers are not backing out though.  

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18 minutes ago, savadams13 said:

Project is still happening, GC that was selected started creating alot of issues. The project is in for LEED certification. The timeline has been pushed back some because of the GC issue and budget numbers. Developers are not backing out though.  

 

You seem pretty well "in tune" with developement thats occuring downtown. Any clue what's taking so long with fountain place being still vacant after almost a year since 3cdc purchases the property?

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1 hour ago, troeros said:

 

You seem pretty well "in tune" with developement thats occuring downtown. Any clue what's taking so long with fountain place being still vacant after almost a year since 3cdc purchases the property?

 

Too many pots on the stove right now for 3CDC, but they created this for themselves by allowing local government to be hostile to out of state developers. 

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Assuming that demo/construction at Fourth & Walnut Center (which I'm all for) will use some of the eastern deliveries lane of Walnut. This will seriously impact what is already terrible traffic between 5th & 2nd streets during evening rush hour. Pick-up at the Scripps Center's Childtime daycare will go from bad to worse. Streetcar delays will increase. Hopefully the city is ahead of this development and looking at possible traffic solutions.


"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

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This topic appears to have been lost... perhaps in the forum migration. While there is no new news on the subject, here is the original story:

 

New Downtown hotel planned at Fourth and Walnut

 

The new owner of Fourth & Walnut Centre in Downtown Cincinnati has big plans for the underutilized office complex.

 

Dallas-based NewcrestImage Management is studying property improvements such as developing at least one lifestyle or luxury hotel, reconfiguring office space and adding new elements such as a grocery store, said Mehul “Mike” Patel, company chairman and CEO.

 

NewcrestImage closed on a deal Friday to buy the property for $9.3 million, Patel said. And although plans are still in the design phase, Patel said the company could end up investing more than $100 million into the project.

 

“Cincinnati has a lot to offer,” said Patel, who added the company began scouting property in Cincinnati four months ago. “We have a huge plan for this building.”

 

Cont


"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

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1 hour ago, Cygnus said:

Assuming that demo/construction at Fourth & Walnut Center (which I'm all for) will use some of the eastern deliveries lane of Walnut. This will seriously impact what is already terrible traffic between 5th & 2nd streets during evening rush hour. Pick-up at the Scripps Center's Childtime daycare will go from bad to worse. Streetcar delays will increase. Hopefully the city is ahead of this development and looking at possible traffic solutions.

 

So without giving up to much information the dumpsters for demo will be inside the parking garage of the building with an internal demo shaft. once the dumpster is full its pushed out to walnut for pickup. 

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8 minutes ago, Brutus_buckeye said:

So which project will be finished first, the 4th and Walnut hotel or the Kimpton?

 

That is a great question, as both are in a similar spot.  I'd put my money on the Kimpton but both won't be open before mid to late 2021.

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