Thursday, February 15, 2007
Gateway Quarter - Urban Living Renaissance
Good friend of mine Bobby Maly works at Model Management company and are working along side 3CDC, Kimbler, B2B and Urban Sites to build over 100 new condo units in Over-the-Rhine.
A lot is said around the downtown condo boom, and the goal of attracting Young Professionals. However, the fact of the matter is that most of the condos that are going up along the Cincinnati, NKY riverfront, and in the Central Business District are $300,000 plus. Not sure about most, but that seems to be stretching for a price point for young professionals.
Well that is where the Gateway Quarters urban renewal is exciting. There are condos starting at $86000. And to top it off, there is a tax abatement, meaning it's likely you can get into some of these condos as an owner for less than you are going to pay in Rent!
It's more than 7 buildings that is just the start of what is happening in the area. They have launched a website - Gateway Quarter. On it you will see floorplans, maps, prices, etc. But the real way to understand what is going on in OTR is go down and see it. Call 513.621.GATE (4283) and set up an appointment to go view some of the new urban living!
A lot is said around the downtown condo boom, and the goal of attracting Young Professionals. However, the fact of the matter is that most of the condos that are going up along the Cincinnati, NKY riverfront, and in the Central Business District are $300,000 plus. Not sure about most, but that seems to be stretching for a price point for young professionals.
Well that is where the Gateway Quarters urban renewal is exciting. There are condos starting at $86000. And to top it off, there is a tax abatement, meaning it's likely you can get into some of these condos as an owner for less than you are going to pay in Rent!
It's more than 7 buildings that is just the start of what is happening in the area. They have launched a website - Gateway Quarter. On it you will see floorplans, maps, prices, etc. But the real way to understand what is going on in OTR is go down and see it. Call 513.621.GATE (4283) and set up an appointment to go view some of the new urban living!
