Beasley Place Receives CDC Project of the Year Award
Over-the-Rhine Community Housing – Beasley Place, CDC Project of the Year
Beasley Place, a newly renovated historic building located at 1405-1407 Republic Street, is a major and important step toward the goal of maintaining a diverse and inclusive community in Over-the-Rhine. Beasley Place is located just one block away from the newly renovated Washington Park and is in the heart of the area of the neighborhood that has seen millions of dollars of investment primarily in the high-income commercial and condo market. It is one of just a few new affordable housing developments done since the reinvestment in this area of Over-the-Rhine.
Beasley Place is impactful to the neighborhood because it is critical in helping to fight gentrification and is proof that high-income and affordable housing can co-exist and that the diversity in their coexistence improves the neighborhood rather than degrading it.
Special thanks to our partners First Financial Bank, City of Cincinnati, Ohio Housing Finance Agency, Miami University, Robert H. Reakirt Foundation of PNC, HGC Construction, 3CDC and CR Architects!
Read more at the following link:
AnnualAwards 2015 PR
*From Ohio CDC Press Release Oct. 2, 2015