Millworks site plan and TIF projects

Millworks site plan: Click all images to enlarge

The Cincinnati Business Courier reported last week that Vision Land Development is looking to expand the price tag and components of Oakley's Millworks Town Center, and wants more tax increment financing (TIF) funds to help pay for road improvements.

During last Thursday's meeting of City Council, Vision presented a development proposal showing an increase in square footage from 1.5 million to 2 million, with 545 housing units added.

The new proposal would include office space, retail, restaurants, two hotels and a National Amusements theater.

The residential portion of the site, which will include condominiums, townhomes and apartments, would be sold off to a third party for development.

They are also seeking an increase in TIF funds from $30 million to $55 million to fund construction of the Kennedy Connector, a road project whose construction was deemed necessary to make the project feasible.

Millworks' total cost would increase from $225 million to $300 million.

City Council voted to hold over the development agreement for one week. The next Council meeting in November 28.


Millworks TIF site


Millworks TIF projects


Kennedy Connector

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