PERSEVERANCE

Current Project

Perseverance includes the renovation of three existing historic buildings and infill construction on one vacant lot at the western 1500 block of Vine Street. 3CDC is partnering with Over-the-Rhine Community Housing (OTRCH) to develop 32 residential apartments – 100% affordable units, available to people making 50-60% of the Area Median Income (AMI) – and five street-level commercial spaces. Perseverance is part of the larger Affordable Housing strategy 3CDC is executing with several partners, and is also the organization’s first development partnership with OTRCH. The commercial portion of the development will be finished to a white box level. This development will provide a huge visible impact to the northern portion of Vine Street south of Liberty Street, and the historic and new construction buildings will also achieve Enterprise Green Communities Certification (renovation) or LEED silver certification (new construction).

Construction Photos

Essential Facts

  • Developer
    3CDC & OTRCH
  • Project Cost
    $13.9MM
  • Uses
    Residential & Commercial
  • Number of Units
    32
  • Average Unit Size
    946 SF
  • Completion Date
    February 2021
  • Commercial SF
    6,726
  • Miscellaneous Details
    First co-developed project with Over-the-Rhine Community Housing. Residential units will be 100% affordable to those between 50-60% AMI.

Location

1505-1517 BLOCK OF VINE STREET

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