Residential may boost Madeira business district

Up to 65 new housing units may help enliven Madeira's business district.

A recent community survey by the city found that residents gave the business district low marks for variety of retail, dining and entertainment options.

Riverstone Development Group has been purchasing property on the south side of Euclid Avenue, just east of Miami Avenue.

That three-acre project would involve 12 to 15 units in one triple-unit building, two duplexes and single-family homes.

Riverstone has not yet acquired all of the necessary property.

Also, a mystery developer is looking at a 15-acre site just west of Madeira Hills Drive.

That plan would include up to 50 clustered single-family units.

According to Madeira City Manager Tom Moeller, "People want the kind of businesses that extend the vibrancy of the business district beyond the 5 o'clock or 6 o'clock hour."*

These two developments could put up to 166 new residents within walking distance of the downtown.**

WINDOWS LIVE BIRD'S EYE VIEW - Riverstone site
GOOGLE AERIAL MAP - Riverstone site
WINDOWS LIVE BIRD'S EYE VIEW - Site of up to 50 homes
GOOGLE AERIAL MAP - Site of up to 50 homes

* "Business District seen as unfulfilled potential", Cincinnati Enquirer, 7/15/07
** Based on possible 65 units * 2.55 persons per household (Madeira city average, Census 2000)