Dunnhumby Centre, 5th & Race Streets

Cincinnati,
OH
(2013)

Dunnhumby Centre, 5th & Race Streets

Transportation and Ports

Investment

NMTC Amount: $40,110,000
Total Project Cost: $71,414,248

IMPACT

102 FTE jobs
876 construction jobs
312,000 sq. ft. of real estate

CDEs

Cincinnati New Markets Fund (3CDC), PNC

Investor

PNC

Project Description

Owner/operator of parking garage in step with economic redevelopment mission of its parent, 3CDC: The January 2013 groundbreaking event for this monumental project at the corner of Fifth & Race Streets, one block west of Fountain Square, garnered extensive media coverage and a cheering crowd of hundreds of dunnhumbyUSA employees. In the months that followed, 100,000 cubic yards of dirt was excavated from the site and concrete work began in June 2013, reaching grade level by November.

Construction work can now be viewed at street level as the commercial space columns are installed and concrete pours continue. The $130 million project is being developed by 3CDC and dunnhumby, and consists of a 1,000-space parking garage, 27,000 sq. ft. of commercial space, and a 285,000 sq. ft. headquarters building for dunnhumbyUSA. The garage will open in January 2015 and dunnhumbyUSA will move into its new offices in the first quarter of 2015.

MAP

Address: 120 West Fifth Street, Cincinnati, OH 45202

Census Tract: 39061000700

Other Ohio Projects

Mattingly Foods

Zanesville,
OH
(2019)

Business Development, Manufacturing, Rural, Warehouse and Wholesale

CDE(s): Midwest Industrial Redevelopment Fund

NMTC financing for Mattingly Foods a leading regional food service supplier that distributes food products and other goods to chain restaurant operators in more than a dozen states.

Mercy Health’s St. Elizabeth Hospital Behavioral Health Institute

Youngstown,
OH
(2015)

Behavioral Health, Community, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services

CDE(s): Development Fund of the Western Reserve, Finance Fund

Mercy Health’s St. Elizabeth Hospital in Youngstown, Ohio is renovated a 32,000 SF section of its current facility and creating a Behavioral Health Institute.

Boys Hope Girls Hope

Garfield Heights,
OH
(2018)

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

CDE(s): Cleveland Development Advisors

NMTC financing helped create a 11,000 sq. ft. Academy Center for a nonprofit fighting for academic opportunities in underserved communities.

Menlo Park Academy

Cleveland,
OH
(2016)

Municipal Facilities, Schools

CDE(s): Cleveland Development Advisors

Rehabilitation of the vacant Joseph And Feiss Company factory location into a home for Ohio’s only k-8 tuition free community school focused on gifted learners.