Mottainai

NMTC financing for Mottainai, a mixed-use project.

Investment

  • NMTC Amount: $2,355,699
  • Total Project Cost: $2,835,699

IMPACT

  • 8 FTE jobs
  • 56 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

Mottainai, located at 1222 Republic Street, includes eight loft units in a renovated building. It was the first LEED certified residential project in OTR’s history. Mottainai is a Japanese word that means “too valuable to waste.” Building on this concept, this “green” building is designed to provide flare and uniqueness while utilizing environmentally responsible and energy-efficient materials. Mottainai offers an eco-friendly lifestyle that will save operational cost for the homeowner over time without sacrificing lifestyle. All units have unique patterned cork and bamboo floors, Quartz countertops and translucent paneling in the bathrooms made from recycled 2-liters. The lofts have a clean, sharp and modern feel with bold Asian color accents. The building also features a recycling cove and bike racks.

MAP

Address: 1222 Republic Street, Cincinnati, OH 45202

Census Tract: 39061000900

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