New Renderings and a $1 Sale Price for the former Saks Fifth Avenue Building

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The former Saks Fifth Avenue Building in Downtown Cincinnati will be undergoing a major redevelopment soon, but some things will remain the same. The Hyatt Regency Ballroom will keeps it’s place atop of the former Saks building and will also continue to share a loading dock and basement.

The Cost of the redevelopment has gone from $23 million last summer, to now $30 million. 3CDC is looking to sign an anchor office tenant for the second floor, and possibly a restaurant for the 7,400 of the first floor – to include outdoor dining.

Developer: 3CDC

General Contractor: Turner Construction

Leasing Agent: CBRE

https://www.bizjournals.com/cincinnati/news/2024/03/18/saks-building-downtown-cincinnati-new-look.html

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