Trinitas Ventures, Crawford Hoying Move Forward with Next Phase of $640 Million Mixed- Use Development, The District at Clifton Heights
August 30, 2022
Cincinnati, Ohio – Trinitas Ventures, in partnership with Crawford Hoying, is moving forward with the second phase of their mixed-use development community in Cincinnati, OH: The District at Clifton Heights.
The District at Clifton Heights is the site of the former Deaconess Hospital at Clifton Avenue and Straight Street, across from the University of Cincinnati. The first phase of the $640 million transformational development included The Deacon, a $120 million, 8-story student housing building boasting an array of best-in-class amenities and offering a variety of floorplans. The 351-unit building was developed and constructed by Trinitas and opened in August 2019.
The $250 million second phase, opening in Summer 2024, will include:
- Hub Cincinnati, a $143 million, 14-story student housing tower containing 380 units and 1,112 beds developed by Chicago-based Core Spaces.
- Hotel Celare, a $65 million, 7-story hotel developed by Columbus-based Crawford Hoying. This will be located at 310 Straight Street and will feature a rooftop bar overlooking the campus entrance. The hotel will accommodate 171 rooms and have over 18,000 square feet of dining and entertainment space.
Trinitas, in partnership with Crawford Hoying, worked with The Port of Cincinnati and City of Cincinnati to provide a $40 million TIF package to fund public improvements, improved streetscapes and a public parking garage. At full buildout, The District will be home to more than 3,000 residents, create over 2,000 jobs, and generate nearly $11 million in annual taxes for Cincinnati and Hamilton County.
“Our vision for The District at Clifton Heights took shape more than four years ago and was built on active input from community residents, elected officials and key stakeholders,” said Aaron Bartels, Executive Vice President of Mixed-Use Development for Trinitas. “This next phase is an important evolution to The District as we continue to activate Straight Street with a great pedestrian-oriented experience. We’re thankful for our partnership with Crawford Hoying, Core Spaces, the Port and City of Cincinnati to bring The District to this important milestone.”
Future phases of The District at Clifton Heights will include a multifamily development, commercial space, public parking garage and a senior housing development.