Trinitas Receives Approvals for $500M Cincy MXU
Trinitas Ventures LLC recently received unanimous approval from Cincinnati City Council of its mixed-use development agreement for The District at Clifton Heights, near the University of Cincinnati. Reportedly the largest private real estate investment in Cincinnati, the $500-million project will move forward in two phases.
Phase one, totaling $315 million, includes the existing 1,029-bed property, The Deacon; 1,112-bed and 2,300 square feet of commercial space, Hub at Cincinnati; a 175-room hotel with 22,000 square feet of retail space, a new Delta Delta Delta sorority house, and a 169-space public parking garage.
The $185-million second phase will consist of 45,000 square feet of commercial space, 170 senior housing units with private parking garage space, 350 multifamily units, a public parking garage and other public infrastructure improvements.
Trinitas’ CEO, Loren King, said the project would be “transformative for the Clifton Heights neighborhood, the university and the City of Cincinnati.”