Both redevelopment projects are expected to provide a boost to downtown Cincinnati’s revitalization. Combined, the two projects will have about 35,000 square feet of street-level retail space available for lease.
Joe Rudemiller, spokesman for 3CDC, said the nonprofit developer is looking for new-to-market, high-profile concepts for both properties.
“We want to find people we are confident will do an excellent job and live up to the high expectations we have for these spaces,” Rudemiller said.
3CDC selected Ohnmeis and Sellet to help find the right operators because of their experience, knowledge and connections. Ohnmeis, director with Cushman & Wakefield and a downtown resident, said he has to temper his excitement about what’s happening in downtown Cincinnati when marketing outside of the city.
“I live downtown, I see this everyday, I am the customer who’s shopping at these restaurants and businesses,” Ohnmeis told me.
The Fountain Place spaces are expected to be ready for tenants in the first quarter of 2020. The 4th & Race spaces are expected to be delivered in the second quarter of 2020.