The 17-story office building will be converted into 179 apartments that are due to start opening by the end of this year, Birkla said. Thirteen two-story penthouses will have 20-foot, floor-to-ceiling views and private terraces. They will each be about 1,600 square feet with two bedrooms and a den.
Between the 580 Building, Phase Two of The Banks, and the new Fourth and Race tower, that’s almost 800 new housing units (and a long-needed downtown grocery store).
Throw in the proposals for Fountain Place (Fifth & Vine) and Seventh & Broadway, and you’ve got over 1,000 new housing units in the Central Business District alone — not even counting all of the development occurring in Over-the-Rhine.
The demand for living in Downtown Cincinnati hasn’t been this high in decades, and property developers are just starting to meet those needs.