Two Butler County redevelopment projects land state historic tax credits

–

The redevelopment of the Anthony Wayne Apartment building in Hamilton and the Middletown Building and Deposit Association each received their fully requested amounts – about $1.6 million each – to help move the projects forward.

The Anthony Wayne redevelopment was announced in May 2022 and will transform the building back into its original use: a hotel.

The building originally opened in 1927 as the Anthony Wayne Hotel, named for the frontier general that relied on Fort Hamilton as a supply base. The hotel closed in 1964 and was converted to apartments, which were 80% occupied as of May 2022.

The project includes a 54-room boutique hotel, with a restaurant on the first floor. Called the Well House Hotel, the property will be part of Hilton’s Tapestry Collection of hotels. Hilton launched Tapestry Collection, a boutique brand, in 2017.

The Middletown Building and Deposit Association, located at 11 S. Main St., was built in 1930 by local architect Harold W. Goetz Sr. Built in the art deco style, the building was formerly a bank but has sat vacant for “many years,” according to the project application.

Now, the building will be converted to 21 market-rate apartments. The former bank hall on the first floor also will be converted to office space.

“Introducing new residents and employees to the heart of the city will bring new vibrancy to the downtown and support development of additional services,” the application reads.

https://www.bizjournals.com/cincinnati/news/2023/07/07/butler-county-projects-state-historic-tax-credits.html

#cincinnati #nky #cre #multifamily #redevelopment #building #property #tax #restaurant #development #hotel #hilton #architect #middletown #artdeco #historicrestoration