Madisonville Redevelopment

Madisonville Redevelopment revitalized three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio.

Investment

  • NMTC Amount: $18,310,000
  • Total Project Cost: $27,597,800

IMPACT

  • 97 FTE jobs
  • 142 construction jobs
  • Project includes a Federally Qualified Health Center.
  • 45,500 sq. ft. of real estate

Investor

Project Description

Madisonville Redevelopment aims to revitalize three buildings across three city blocks in the Madisonville neighborhood of Cincinnati, Ohio. The project is the first phase of a catalytic redevelopment of the Madisonville neighborhood. The project includes 106 apartments, 11,000 sq. ft. of renovated and expanded Federally Qualified Health Center (FQHC) space,10,000 sq. ft. of new construction office space and 24,500 sq. ft. of new and renovated retail space. Almost a quarter of the homes consists of below-market workforce apartments available to households earning 80% or less of Area Median Income (AMI).

MAP

Address: 5800 Madison Road, Cincinnati, OH 45227

Census Tract: 39061005500

Other Ohio Projects

Once the largest unoccupied building on Euclid Avenue, Residences at 668 is now home to affordable apartment units as well as office and retail space. The historic redevelopment and adaptive

Renovation of historic building for commercial retail space
Development of a project, including a 17,400 square foot early childhood and parent development center, a 32,650 square foot federally qualified health center with a 115 square foot food bank

University Settlement is a social service nonprofit provider in the Slavic Village neighborhood in Cleveland, Ohio, where a majority of the residents are working poor and elderly, with over 30%