Uptown Consortium has successfully utilized federal New Markets Tax Credits (NMTC) to help finance development projects in the five Uptown neighborhoods.
Updated Opportunity Zones Regulations: What Investors Should Know
Cincinnati Zoo Partners with UC on Innovative Class
National Planning Conference Recap: Transformation of Cincinnati’s Uptown Innovation Corridor
Inside Uptown: Shining a Light on Local Business
New UC Gardner Neuroscience Institute Outpatient Facility Opens
City Officials, University and Community Leaders Gather for Uptown Gateway Groundbreaking
On Monday, April 8, Terrex Development & Construction and Messer Construction Co. broke ground on Uptown Gateway, a $250 million mixed-use development in the Uptown Innovation Corridor. City officials, university and community leaders gathered at the southeast corner of Martin Luther King Jr. Drive and Reading Road to celebrate the newest development in Cincinnati’s Innovation District.
New Plans Released for Corridor Development
MLK Investors I, a partnership between Neyer Properties and Kulkharni Properties, recently released updated development plans for “the node,” a mixed-use development in the Uptown Innovation Corridor. The development will be located on the northeast quadrant of the Martin Luther King Jr. Drive and Reading Road intersection by the new I-71 interchange.
Uptown NMTC Projects: Where Are They Now?
As a recipient of federal New Markets Tax Credits (NMTC), Uptown Consortium, Inc. (UCI) utilizes this financing tool to invest in projects throughout the five Uptown neighborhoods. The tax credits are designed to encourage private investment in underserved communities that otherwise have difficulty attracting private capital.