PROPOSED DEVELOPMENT IN HYDE PARK
In an attempt to keep our neighbors and community members informed, a group of concerned citizens put together a summary of the current proposed development project in Hyde Park along Madison Road beginning across from Busken Bakery and extending down Madison and along Besuden Court.
Who? Capital Investment Group (CIG) purchased several properties along Madison Road and Besuden Court with the intention of building a mixed use development.
Where? The subject property includes 2654 (site of Guarantee Rate), 2662 (Schuh & Goldberg Law Office), 2658 (private residence), 2680 (former Pig & Whistle), 2682 (site of LaRosa’s) on Madison Road; and 3636, 3640, 3646, 3648 on Besuden Court. Click here for an outline of the property.
UPDATED 4/10 (Please refer to the most recent plans for more details)
CIG’s goal is create a mixed use building (retail, office, apartments) that consists of:
- 2.1 Acres
- Height: 72 Feet, 6 stories – 2 stories of parking / 4 stories of residential
- Apartments – 170 units
- Retail Space – 14,865 SF
- Parking – 324 Spaces
In order to move forward with this project, CIG will need to receive approval of a Planned Development (PD) to change the zoning on several properties from the Planning Commission and ultimately Cincinnati City Council. Click here for a graphic of the concept rendering.