Artistry Cincinnati coming near the banks of the Ohio River
June 21, 2019
Developers hope to break ground on a new $75 million mixed-use apartment complex Downtown near the banks of the Ohio River by the end of this summer.
The project, called Artistry Cincinnati, would be anchored by a seven-story, 344-unit apartment complex at 601 Pete Rose Way, along with a 390-space parking garage, according to the Indianapolis-based developer, Milhaus.
The project would also include 8,000 square feet of retail and entertainment space.
“Artistry will offer the best of all aspects of Cincinnati urban living – close proximity to the city’s best employment center and entertainment districts, all while being in a quiet location along the beautiful Ohio River,” said Jake Dietrich, director of development for Milhaus.
Artistry would have a rooftop pool, fitness center, yoga studio, pet spa, co-working spaces and artist studios for creative residents.
The project would be located in one of Cincinnati’s federally designated Opportunity Zones, which offers tax advantages to developers who make improvements to the area.
Tax Increment Financing, or TIF, would be part of the project if the City of Cincinnati approves Milhaus’ development plans.
Milhaus representatives are scheduled to appear Monday before City Council’s budget and finance committee.
Artistry would be the third project in the Cincinnati market for Milhaus, including the 124-unit Poste mixed-used apartment complex under construction in Walnut Hills and the 131-unit Gantry apartments in Northside.
Milhaus expects to Artistry to open in the spring of 2021.