Tuesday, August 12, 2008

Cincinnati approves zoning change for 3000 Vine project

Cincinnati City Council has approved a zoning change from residential to planned development (PD-54) use that will allow for construction of the $24 million 3000 Vine project in Corryville.

The project, to be developed by 3000 Vine, LLC on cleared property at the intersection of Vine Street and E Martin Luther King Jr Drive, will include an 82,204-square-foot, 134-room Hampton Inn & Suites hotel; a 5,000-square-foot US Bank branch; and two restaurants of between 5,000 and 7,500 square feet.

Starbucks and IHOP are the likely restaurant tenants.

The hotel, along Vine Street, and the restaurants, along E Martin Luther King Jr Drive, are planned to be built to the lot line, with a grand stair descending from between the two restaurants to the new bank branch and a 219-space surface parking lot.

A single-story underground parking garage will be accessible from Ahrens Street.

The targeted groundbreaking date for 3000 Vine Street is September 1, with buildout scheduled for late 2010.

The parking garage, restaurants and bank would be built first, followed by the hotel.

The project is likely to create up to 150 jobs, most of which will be filled by residents from within the surrounding Empowerment Zone neighborhoods.

Previous reading on BC:
Zoning change sought for Corryville hotel, commercial project (7/1/08)
MLK and Vine photo update, 12/17/07 (12/21/07)