Crawford Hoying gets approval for $150M mixed-use project in Hamilton

Hamilton City Council has unanimously approved a development agreement with Dublin-based developer Crawford Hoying for a proposed $150 million mixed-use development across the Great Miami River from Spooky Nook Sports Champion Mill, the Cincinnati Business Courier reports. Crawford Hoying “plans to redevelop the former Cohen Recycling Site”; the development agreement “encompasses the property at 555 N. 3rd St. as well as 134 Hensel Place,” according to the article. The developer will receive “a $3 million forgivable loan from the city of Hamilton in exchange for purchasing and redeveloping the Cohen Recycling Site. For that loan to be forgiven, Crawford Hoying will need to complete $150 million of development at the site by 2036.” The project’s first phase includes “more than 100 apartments, townhomes, 5,000 square feet of commercial space, a premium-brand hotel and parking.” For more, read the full article.

Economic Development, Project Finance, State Updates