The Port

The Port purchased nearly 200 homes from an out-of-town investor last month with one goal - creating affordable homeownership opportunities. The Wall Street Journal shares the story of how institutional investors are buying up larger shares of the residential real estate market for high-priced rentals, and how The Port is taking ownership for residents. #affordablehousing #ThePortImpact https://on.wsj.com/3rnNehw

What started as simple waste removal became a toxic cleanup after this property was vandalized and hazardous materials were spilled into the surrounding soil. After many weeks of work, a partnership with US Environmental Protection Agency (EPA), and a lot of investment, the former Midwest Textiles building is finally clean and secure. Properties like this are both a nuisance and a hazard for surrounding residents and we look forward to returning it to productive use! Stay tuned for the full story about how The Port creates cleaner, greener neighborhoods in our upcoming Port Short. #cleanup #environment #industrial #cincinnati #epa

🌟 Exploring AI 🌟 Artificial Intelligence is transforming the way we approach communications and real estate development. From automating tasks to analyzing community sentiment, AI offers new ways to enhance efficiency and engagement. But how do we ensure that this tech aligns with our mission to make real estate work for everyone? 🔍 Research Questions: How can AI boost our communications efforts? How can AI support The Port's development goals? Does AI reflect our mission and values? 🚀 Stay tuned! In the coming weeks we will be sharing our research on the potential of AI and its impact on our work. As we explore this exciting frontier, we're committed to maintaining transparency, inclusivity, and a strong community focus. #AI #Innovation #CommunityEngagement #Cincinnati #ThePortCincy #RealEstateTech #Inclusivity

🌟 Employee Spotlight: Scott Betz 🌟 Meet Scott Betz, RA, AICP, The Port's new Real Estate Development Manager! In this role, Scott will revitalize underutilized properties for job creation and community benefit. His expertise spans every development phase, from due diligence to construction and beyond. Before joining The Port, Scott managed over $70 million in development projects at 3CDC, and his experience includes strategic planning for iconic spaces like Washington DC's Eastern Market and the Smithsonian National Zoo. We're proud to have Scott on our team, driving impactful change and growth in our communities. Welcome to the team, Scott!

The iconic and history-filled Moerlein Mansion in Mt. Auburn has been redeveloped into nine new apartments on Mulberry Street. But first the property had to be stabilized. In our latest Port Short video, learn about the history of the famous beer-making maven and our partnership with the Cincinnati Preservation Association to save this renowned property. https://loom.ly/xluH0Fg #moerleinmansion #stabilization #redevelopment

We love seeing former Port properties return to productive use! This stunning, newly constructed home by local developer, Cozy Homes Construction, located at 3234 Gilbert Ave offers modern luxury and peace of mind from pesky repairs and maintenance. Featuring an open floor plan and a spacious owner's suite with a walk-in closet, this home is perfect for entertaining and everyday living. Its prime location offers easy access to I-71, top-rated Walnut Hills High School, Xavier University, and downtown Cincinnati. Contact Rachel with 3CRE Commercial Real Estate for more info or to schedule a showing!

Today's virtual tour stop takes us Downtown to a true chameleon of a building. In 2016, a new 17-story building opened at the Southeast corner of 8th and Sycamore bringing with it 133 residential units, street-level commercial space, and parking. Working with the developers, North American Properties and 3CDC, and the City of Cincinnati, The Port utilized its Public Finance tools to support the project. The unique color-changing facade makes this building a true standout in the downtown skyline! Learn more and see more of The Port's projects and partnerships here: https://loom.ly/ap2N6tw

Earlier this week, we were excited to celebrate the ribbon cutting for Union on Taft! This innovative 103-unit redevelopment of a former office building will provide much needed student housing just blocks from the University of Cincinnati campus. Congratulations to Uptown Rental Properties, HGC Construction, RDA Group Architects, LLC, and all of the partners that helped make this project possible. The Port was proud to play a role, supporting this development through our Public Finance practice!

We're grateful for the Ohio Department of Development (ODOD), the State of Ohio and Governor Mike DeWine for awarding the Hamilton County Landbank, a managed entity of The Port, more than $2 million for the cleanup of four properties in Hamilton County, helping us deliver on our promise to make neighborhoods cleaner, greener, and safer. As part of the state's Brownfield Remediation program, the ODOD awarded nearly $107 million for the cleanup and assessment of 61 properties throughout the state. For more information visit (https://loom.ly/5qEzP1s) #cleaner #greener #safeneighborhoods #landbank #remediation #hamiltoncounty

✨Project Spotlight! ✨ PLK Communities' mixed-use development, Factory 52, brings density and vibrancy to a vacant, 20-acre site in City of Norwood. Once the main production facility for the U.S. Playing Card Company, the new development incorporates the original factory, clock tower, cafeteria, and smokestack into the development. Multiple public art installations further harken back to the site's original use. The Port provided public financing to support both phases of development, which includes over 400 apartments, a market hall, central green and gathering spaces, retail and amenity space, and more. Learn more about this transformative development, here: https://loom.ly/Rga8o6I