The next phase of the vision for the four quadrants at Martin Luther King and Reading Road is officially in-progress. Demolition of the southwest quadrant began in early October and will make the area “pad ready” for future development by the end of 2022.
Funding provided by JobsOhio covers the cost of demolition, the removal of all paved areas and the grading of the site. According to Franz Stansbury, Director of Real Estate Development at Uptown Consortium, Inc. (UCI), the funds from JobsOhio are helping to prepare the site for future development and improve the overall appearance and marketability of an important location in the four quads within the Cincinnati Innovation District.
“JobsOhio is helping lay the foundation for real estate development opportunities, improving the competitive edge with respect to attracting new investment and job creation by filling gaps in funding and accelerating and enhancing development-ready sites,” Stansbury said.
For more information about the four quadrants at MLK and Reading Road, please visit the Uptown Cincinnati website.