3CDC is focused on supporting small businesses and creating more street-level activity by adding more office space to the urban core. The foot traffic generated by having more employees in Downtown Cincinnati results in safer streets, increased vibrancy, and additional support for locally-owned businesses. Offices can increase density by adding many more people on a per-square-foot basis than residential projects can yield. Similar to mixed-use residential projects, the office users view street-level restaurants and retailers as an amenity, and serve as a built-in customer base for these small businesses. 3CDC is currently under construction on one of its most high-profile mixed-use office projects to date—The Foundry.
The Foundry, which involves the conversion of the former Macy’s-anchored Fountain Place into a modern, mixed-use development, will reactivate one of the most prominent buildings in Downtown Cincinnati. Located directly across the street from Fountain Square, the project involves the conversion of the 3.5-story structure into roughly 150,000 square feet of Class A office space, along with 35,000 square feet of street-level retail/restaurant space. The redevelopment serves to connect the area around the convention center with Fountain Square. The building was demolished back to the concrete structure and completely rebuilt. The Class A office space is fully leased to Divisions Maintenance Group, Deloitte LLP, and Turner Construction Co. Street-level commercial tenants signed to leases include Jeff Ruby's Steakhouse and Royce.