- Cincinnati City Council likely to approve development agreement with Carew Tower owner.
- Victrix plans 375 apartments and commercial space in historic building.
- Project could receive 30-year tax incentive worth $33 million to developer.
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Can’t access the article. Is there any word on how much these apartments will cost?
You can access it via the library link pinned here.
I’m mobile so can’t check now.
The developer’s plan calls for 246 one-bedroom units with an average rent of $1,950, 109 two-bedroom units at $2,700 and 20 three-bedroom units at $3,300.
Thanks! That’s actually more reasonable than I thought it would be. Which is not to say ACTUALLY reasonable, but I figured they would start around $3k.
I don’t think it’s reasonable for us schmoes but you know there will be some high earners that will buy in. It would be quite a cool building to live in (and convenient to a ton.) Heck, even if you only did it for a year or two it’d be a cool experience.