Grandin Properties

Grandin Properties To Celebrate Ribbon Cutting For $2M Hogan Building Restoration

Roughly two years ago UrbanCincy reported that Grandin Properties had been awarded nearly $400,000 in historic tax credits from the Ohio Development Services Agency. The past 24 months have proved fruitful, and neighborhood leaders now intend to celebrate a ribbon cutting for the $2 million project on Tuesday.

The developers say that the Hogan Building is already 50% leased, and that the 12 residences range from $995 per month for one-bedroom units, up to $2,395 per month for two-story, two-bedroom units with decks.

The restoration work brings two historic structures back to life that are now 138-years-old.

The project is named after Ohio Attorney General Timothy Hogan for his courageous role in defending German immigrants during the anti-German hysteria during World War I. Interestingly enough, Hogan is also the grandfather of Peg Wyant – the Founder and CEO of Grandin Properties.

“Few in any age have the courage to stand up to such hysteria,” Wyant said. “On behalf of two high school teachers of German, he filed suit against Ohio demanding preservation of the right to speak and use and teach the language of ones choosing.”

Wyant went on to say that Hogan won that case, which has since become known as the German School case in the Supreme Court of the United States.

The Hogan Building, of course, also represents a win for the State of Ohio’s bold historic tax credit program which is seen as saving hundreds of buildings and spurring millions of private investment throughout the state.

“This is public-private money coming together,” explained David Goodman, Director of the Ohio Development Services Agency. “Saving historic buildings strengthens Ohio’s communities which attracts businesses and visitors to the state.”

The conclusion of work at the Hogan Building also comes just after Grandin Properties announced an intention to raise $5 million to $10 million in private equity to spur even more redevelopment work in Over-the-Rhine. To date, Grandin Properties has completed seven projects tallying nearly $10 million in private investments.

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More walkable, bikeable best-of-class neighborhoods -- all within ten minutes of Cincinnati's urban core. Historic buildings renovated to provide contemporary conveniences.

residents’ comments

What can I say? Grandin Properties runs a great show! - J. P.

Close to Clifton and downtown, easy access to I-71. The location is great, right by Hyde Park, has everything. I love the area. - L. Y.

Thank you and all your staff for your assistance with making my new home so comfortable and safe. - D. K.

I’ve lived in apartments for over 35+ years, and this is the best maintained and managed. A real joy to live here. - S. L.

I have so many great things to say about that lovely apartment. Very beautiful, sophisticated and quiet too. Thanks for making me feel so welcome there, and to a great staff at Grandin Properties. - B. C.

The rent/value go hand in hand. I pay a very affordable price for what I get. - R. T.