PROJECT DETAILS

• The Avondale Development Corporation (ADC) owns three contiguous vacant parcels at 534 Hale Avenue, 538 Hale Avenue, and 542 Hale Avenue. All these parcels are currently vacant residential land.

• ADC desires to develop the Property into a residential subdivision consisting of seven (7) townhomes

• Consisting of a mix of 3-bedroom units at approx. 1,405 sf and 2-bedroom units at approx. 1,250 sf each.

• All residential units are proposed to be made affordable to households earning 120% or less of the area median income (AMI).

• ADC is leading this development with an affordable product and all seven units in the initial phase will be sold to families/households that earn no more than 120% of the area median income (AMI) and will be built to the highest of standards.

DEVELOPMENT GOALS

• Ensure housing choices that respect and sustain a vibrant Avondale

• Introduce new housing that serves unmet demands

• Improve the marketability of all housing in Avondale

• Encourage housing in areas of development momentum, building on and supporting future developments of scale

• Collaborate with Avondale Development Corporation, City of Cincinnati, Children’s Hospital & The Home Ownership Center to increase home ownership in Avondale

• Provide new quality housing options for Avondale

• Work with MBE/WBE subcontractors. We have a goal of 25%.

• Make Avondale a viable housing option for the more than 60,000 employees that travel to the Uptown area daily

Site

CONSTRUCTION SCHEDULE

• Phase II construction to begin in Spring 2025.