Hale Justis could go condo

The Hale Justis Lofts, one of the first residential projects in the area now being marketed as the Gateway Quarter, may soon be converted into condominiums.

On May 21, an emergency ordinance was presented before Cincinnati City Council that would allow the City to sell the property at 20-24 Central Parkway, 1114 and 1122-1128 Jackson Street and 25 E 12th Street (BIRD'S EYE) to Hale Justis, LLC (City Center Properties) for $50,200, the negotiated sale price.

In 1999, the two parties entered into a lease agreement for the developers to convert the former pharmaceutical wholesaling building into 30 apartment units, with the understanding that it would eventually be turned into condominiums.

Hale Justis, LLC was given the right of first refusal on any sale of the Over-the-Rhine properties, and has petitioned to exercise its purchase option.

The ordinance will likely be heard before council's Economic Development Committee June 2, though the meeting agenda is not yet available.

Apartments in Hale Justis are between 1,000 and 1,525 square feet and start at $750 per month, plus a parking fee.

Photo credit: Hale Justis Lofts