“These luxury apartment homes are across the street from Marcum Park, next to the YMCA, overlooking the Great Miami River, and one block from historic High and Main Streets,” notes the developer’s website that touts the luxury units.
“It’s a big project for the city,” said Bates, who noted, “This empty lot is going to become luxury apartments.”
The groundbreaking will happen at the site, which will have the address of 50 Riverfront Plaza.
Developers hope to move in residents a year from now.
In August, City Manager Joshua Smith told the Journal-News that the city had been working for more than a decade to create this type of development.
”… In the mid-2000’s, Towne Properties had the property under contract. When the financial crisis of 2008 hit, they went away,” Smith previously said.
It isn’t the only apartment development coming to Hamilton. City officials late last year announced plans for a facility of more than 200 apartments coming to the area of Miami University and Vora Technology Park, with its groundbreaking either later this year or in 2018.