![]() ![]() This year, he said his company plans to exit the Northside and College Hill markets and focus on acquiring properties and identifying projects in the Uptown area. Gaslight Property currently manages about 1,500 rental units in the Clifton market, Taylor said. The project would create at least five full-time jobs based on estimates provided to the city. The school board is expected to receive an estimated $1.9 million over 15 years. Gaslight Gardens LLC will also pay real estate taxes equal to 25 percent of the increased property value to Cincinnati Public Schools, rather than the full amount. The agreement calls for the buildings to meet Leadership in Energy and Environmental Design standards. The city would give up an estimated $804,513 over that period. Neyer is builder and general contractor.Ĭity Council approved a 15-year tax exemption agreement Wednesday for all improvements on the Whitfield Avenue properties to Gaslight Gardens LLC. CR architecture + design completed design work on the buildings and Al. NorthPointe Group is a project consultant. Taylor said his company has already built a waiting list of renters interested in the planned apartment buildings. Apartments will be designed to appeal to young professionals and empty nesters, with features such as hardwood floors, stainless steel appliances, quartz countertops and a variety of floor plans. Gaslight Manor would feature studio, one- and two-bedroom luxury apartments, Taylor said. Plans call for construction to be completed by March 2016. He said new construction is expected to begin this month. ![]() Taylor said demolition work to prepare the new site for the more than $16.5 million development is complete. ![]() Developers hope to capitalize on what they believe is a hot housing market with few upscale rental options. would be the Clifton-based company's first new residential construction project since opening in 1991, said chief executive Dave Taylor. The 117-unit Gaslight Manor development at 3240-3250 Whitfield Ave. Cincinnati developer Gaslight Property plans to build two new apartment buildings on Whitfield Avenue in Clifton. ![]()
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