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Shortly afterwards, population began to increase and in 1892, several prominent Cincinnati real estate businessmen, collectively known as the Mornington syndicate, capitalized on the new transportations to downtown and purchased much of the land to create a community exclusively for Cincinnati's wealthy, selling old parcels to residents who met ...
Most funds are gathered through corporate contributions. In 2004, 3CDC accepted responsibility for overseeing Cincinnati New Markets Fund and Cincinnati Equity Fund. As of May 2018, those funds total over $250 million and have resulted in over $1.3 billion [4] invested in downtown and Over-the-Rhine real estate projects.
The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company. Cardinal Realty Services, Inc. was listed on the New York Stock Exchange [CRSI] before merging with Equity Residential. [3] Ownership of many properties transferred to Equity Residential. Today many of ...
Handy and Mitchell both spent time working with famous Cincinnati architect James W. McLaughlin, so it is possible that he may have had a hand in the design of the complex. Despite the outward appearance of the facade, the buildings are divided up into single story apartments rather than walkup row houses. It is for this reason, along with ...
The Cincinnati Center City Development Corporation (3CDC) is a private, non-profit real-estate development and finance organization focused on revitalizing Cincinnati's urban core with the city government and local corporations. Its work is focused on the central business district and in the Over-the-Rhine neighborhood.
In 1905, after the end of the Civil War and subsequent purchase of the Camp Chase property by Quaker settlers, the land was sold to a real estate agency and subdivided for housing. Building of homes began in the 1920s and by the mid-1920s Westgate was established as one of Columbus' streetcar suburbs. [1] [2]