3CDC is a non-profit, real estate development and finance organization focused on strategically revitalizing Cincinnati’s downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community.  Our work is specifically focused on the central business district and in Over-the-Rhine.

MOTTAINAI

COMPLETED

http://www.otrliving.com/

ESSENTIAL FACTS:

Developer: Northpointe Group/B2B Equities

Location: 1222 Republic St.

Project Cost: $2.85 million

Units: 8 (Sold Out)

Average Unit Size: 1,198 SF

Average Unit Price: $175,000

Commercial Space: None


PROJECT FUNDING

  • City Grant — City of Cincinnati Grant
  • CNMF I — Cincinnati New Markets Fund

PROJECT SUMMARY

Mottainai, located at 1222 Republic St., 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.

 

3CDC is a non-profit, real estate development and finance organization focused on strategically revitalizing Cincinnati’s downtown urban core in partnership with the City of Cincinnati and the Cincinnati corporate community.  Our work is specifically focused on the central business district and in Over-the-Rhine.