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.
PARVIS LOFTS
COMPLETED
http://www.otrliving.com/ESSENTIAL FACTS:
ESSENTIAL FACTS:
Developer: Northpointe GroupLocation: 1401-23 Vine St.
Project Cost: $11.9 million
Units: 32
Average Unit Size: 870 SF
Average Unit Rental Price: $820
Commercial SF: 15,421
PROJECT FUNDING
- Private — Private Investment
- FHTC — Federal Historic Tax Credits
- City — City of Cincinnati Grant
- Bank Loan — Bank Loan
- CNMF — Cincinnati New Markets Fund
- CEF II — Cincinnati Equity Fund II
PROJECT SUMMARY
Parvis Lofts was 3CDC’s first market-rate apartment project in Over-the-Rhine in response to the demonstrated need for more rental units in our center city. It was the revitalization of ten buildings on the west side of the 1400 block of Vine Street. This project quickly brought a large amount of renovated units and a critical mass of residents into a block that had stood vacant and blighted. The unit sizes vary from a 630 SF studio apartment to a 2,025 SF three bedroom townhouse apartment. The average unit size is 870 SF. Apartment finishes include stainless steel appliances, solid surface kitchen counter tops and hardwood floors. Parvis has 10 street-level commercial spaces totaling 15,421 SF. This includes the three-story Brandery offices. The project was completed in December 2010.
PARVIS LOFTS Tenants
BRANDERY
The Brandery is a seed stage startup accelerator ranked as one of the top programs in the United States. The four-month-long program in Cincinnati, Ohio focuses on the importance of consumer marketing and branding. Founded in 2010, the Brandery seeks 10 companies for its program, each receiving $20,000 in seed funding, a great team of mentors, world-class design assistance, and the opportunity to pitch to investors and venture capitalists at the end of the program.
Hours: Mon-Fri 8a-5p
Address: 1411 Vine Street
SF: 4,470
CORE: A MOVEMENT STUDIO
Core is a state-of-the-art Pilates and Corealign® studio located in Over-the-Rhine. This boutique studio offers a mixture of classes, including those perfected by Joseph Pilates as well as other contemporary exercises.
Hours: by appointment and classes
Address: 1423 Vine Street
SF: 1,375
FITNEXT
FitNext is a personal training and group fitness studio that is designed to assist you in accomplishing your state of optimum wellness. They provide innovative, fun and intense training formulated around your specific goals. Their facility is equipped with free weights, cardio equipment, sound system, lighting and other gym equipment to provide the best workout in Cincinnati.
Hours: Mon-Fri 8a-8:30p, Sat 8a-4:30p
Address: 1421 Vine Street
SF: 1,115
JACK WOOD GALLERY
Jack Wood Gallery provides the finest in quality vintage posters and graphic art from the late 19th century and early to mid-20th century.
Hours: Tues-Sat 11a-5p
Address: 1413 Vine Street
SF: 935
MANNEQUIN
Mannequin is a hip women’s clothing, accessories, art, antiques and gift boutique, featuring upscale and vintage merchandise with all proceeds going to charity. Recipients include these seven local service agencies: FreeStore Foodbank, First Step Home, Lighthouse Youth Services, One Way Farm for Abused Children, Stop Aids, Tender Mercies, and UCAN Spay/Neuter Clinic.
Hours: Wed-Sun
Address: 1405 Vine St
SF: 1,980
PET WANTS
Pet Wants features house-made wet/raw/frozen food for pets, made fresh once a month in Ohio from its own gluten-free formulas. Its formulas do not use corn, wheat, soy or animal by-products of any kind.
Hours: Mon-Fri 11a-7p
Address: 1409 Vine Street
SF: 1,030
RESER BICYCLE OUTFITTERS
The OTR location focuses primarily on the needs of urban riders and commuters, carrying bikes (both new and used), including popular commuter brands and models such as PUBLIC and SURLY. The shop also offers maintenance and repair services, as well as gear, apparel, nutrition, and accessories.
Hours: Tues-Thur 10a-6p, Fri 10a-8p, Sat 9a-5p
Address: 1419 Vine Street
SF: 900
WE HAVE BECOME VIKINGS
We Have Become Vikings is a group of rebels, rockers, thinkers and makers combining strategy and design to help clients tell stories through any means possible. Moving across all media channels that best serve the problem, they combine ideation with design thinking to create a unique story that exceeds expectations.
Hours:Mon-Fri 8a-5p
Address: 1417 Vine Street
SF: 635
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.
