Developers will break ground on more housing uptown in Corryville in the near future. The project will be the second phase of the $80 million Village of Stetson Square development located immediately south of University Hospital, and will include 18 residential units.
While the Village of Stetson Square has achieved great success with its existing 205 apartments, 53 townhomes, and 95,000 square feet of commercial space, the last two pieces of land have sat undeveloped since 2006.
At the time, the development team said the two sites would be developed at a later date based on market demand. With the housing market starting to settle, and the uptown housing market booming, it appears like it may finally be time to finish what was started almost a decade ago.
New renderings, provided exclusively to UrbanCincy, show that the new phase of construction about to being will take on a decidedly different urban form from the rest of the development which includes four- to five-story buildings alongside tightly built townhomes.
While apartments are at capacity throughout uptown, the Cincinnati Enquirer reports that the new residential offerings will be for-sale units priced in the $200,000s due to a desire by the Corryville community to boost home ownership rates in the historic neighborhood.