|Nu Maid Margarine
HCDC provided ULAP funding for a Phase II environmental site assessment and associated legal work for this site. The assessment uncovered only minimal environmental concerns that would not seriously impair redevelopment. The plant has now been demolished and the site has been cleared for redevelopment. St. Bernard has created a Community Improvement Corporation to control the redevelopment of the site. St. Bernard also worked to resolve easement concerns with the Metropolitan Sewer District. Due to it’s proximity to Proctor & Gamble and I-75, developer interest in this site is high.
|Former Ford Plant
This 34-acre industrial site is the greatest redevelopment opportunity for the Village of Fairfax and one of the largest ULAP sites in Hamilton County. The Village, Port Authority and HCDC are working together with a California-based developer to redevelop the site into a $60 million office and retail project. ULAP funds were granted to Fairfax to cover legal consultation fees regarding zoning and land use regulations regarding the site. HCDC and the Fairfax CIC also executed a contract with the developer to assist with costs for Phase II environmental assessments. The Port Authority then helped the developer successfully apply for a $3 million Clean Ohio Revitalization Fund grant for property remediation. Construction is anticipated to begin in 2006.
The currently vacant former Celotex/Certainteed industrial site is a 26-acre area visible from I-75 in Lockland. The site contains significant environmental contamination that will need to be remediated before any redevelopment of the site can occur. HCDC recently funded one third of the costs of Phase II environmental assessments of the property. Upon the completion of the assessments, the developer applied for and received Clean Ohio Revitalization Funds to remediate the property. Ultimately, the developer envisions an office and industrial redevelopment project that will contain up to 600 jobs on the site.
|American Can Building
In the heart of Cincinnati’s Northside neighborhood, just one block from the Hamilton Avenue business district, sits a large, mostly-vacant, blighted property that acts as a deterrent to neighborhood development efforts. The property, known as the American Can Building, contains a 180,000 square foot building on a six-acre lot. A local developer recently announced ambitious plans to convert this former industrial warehouse to loft apartments and office space. HCDC recently partnered with the City of Cincinnati to fund a Phase II environmental assessment of the property to assist the developer. This site abuts a 3-acre site on Hamilton Avenue slated for commercial development. Two successful projects of this size would greatly improve the quality of life in this urban neighborhood.