Milhaus, a developer, owner, and operator, has partnered with residential real estate investment firm Parse Capital, to break ground on Slate, a contemporary apartment complex in Springdale, Ohio, near Cincinnati.

The 306-unit development will feature multifamily apartments and townhomes. “Slate Springdale marks our second project in Springdale, following the tremendous success of Array in 2023, and reflects our confidence in this thriving Cincinnati suburb,” said Spencer Lee, Development Manager at Milhaus.

Located at 505 W. Crescentville Road, Slate Springdale will offer 216 garden-style apartments and 90 townhomes across 22 buildings. First Financial Bank is providing financing for the project.

“First Financial is eager to support this development to help our neighbors, clients, and communities like Springdale to thrive,” said Jeff Cartwright, senior vice president and regional manager for First Financial.

Slate’s strategic location near I-275 and I-75 offers a short drive from downtown Cincinnati in the growing Cincinnati/Dayton Metroplex. The site is close to national retailers, including Walmart, Target, Kroger, Lowe’s, and Home Depot, and restaurant options.