College Hill Community Urban Redevelopment Corporation President, Michael Cappel, announced this week the signing of a Preferred Developer Agreement between the Saint Francis Group and the City of Cincinnati for the development of 7.5 acres on the corner of Hamilton Avenue and North Bend Road in College Hill.
“CHCURC has worked with the City of Cincinnati for a decade in the acquisition of these parcels, which are key in the continued revitalization of College Hill. The vision for the redevelopment of the former Kroger’s, Shuller’s Wigwam, and the Eastern Star Retirement Community includes a mixed-used development, with retail, residential, and offices uses, that will bring increased density and vitality to this walkable, urban village,” according to Mr. Cappel.
The Saint Francis Group project team, headed by Sean Balnes, is meeting with CHCURC Board members and neighborhood leaders, preparing architectural drawings, and putting together proposed naming options, cost estimates, and a projected schedule. Timelines are aggressive with a 4-8 month window for preliminary and final project proposals. Jeff Raser, with Glaserworks, has been selected as the lead architect for the project.
Saint Francis Group is a real estate development and services firm focused on inspiring and creating projects that are catalysts for economic prosperity.