Wednesday, August 13, 2008

Cincinnati supports Harrison Terminal apartment project

Cincinnati City Council has approved unanimously a resolution of support for an industrial re-use project in Camp Washington, a move that is necessary for projects to qualify for Clean Ohio funding.

E&T Real Estate Holdings has applied for a Clean Ohio Assistance Fund grant to rehabilitate the 60,000-square-foot Harrison Terminal Building at 1220 Harrison Avenue into market-rate apartments with ground-floor commercial space.

E&T would use the Ohio Department of Development grant, which is capped at $300,000, to work with the Port of Greater Cincinnati Development Authority to perform a Phase II environmental site assessment on the 2.4-acre property, helping the developers prepare cost estimates and a site remediation plan.

E&T Real Estate Holdings purchased the 1885 warehouse building a year ago for $75,000.

Harrison Terminal sold the building in 1990.

Previous reading on BC:
Apartment re-use for Camp Washington? (7/29/08)