$40 million suburban Cincinnati office-to-apartments conversion underway bizjournals.com/cincinnati/news/2022/02/01/merchant-street-redevelopment.html
The office buildings at 134 and 144 Merchant St. in Springdale are planned to be converted to apartments as part of a $40 million redevelopment plan. Vandercar Holdings/Elevar Design Group By Tom Demeropolis – Senior staff reporter, Cincinnati Business Courier Feb 1, 2022, 12:41pm EST The first large-scale conversion of suburban office buildings into apartments in Greater Cincinnati is underway. Local real estate developers are working to convert 134 and 144 Merchant St. in Springdale into 127 apartments, as well as build an additional 97 townhomes on a portion of the buildings’ parking lots. The total investment for the project is expected to be about $40 million. Vandercar Holdings LLC is the lead developer for the project, along with WP Land Co. LLC and NorthPointe Group. Their limited liability company, Trinity Square Holdings LLC, purchased the property in the middle of December for more than $1.15 million, according to property records.
1/3