<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=1C6ewS_1GsFq4Lo00" alt="https://img.particlenews.com/image.php?url=1C6ewS_1GsFq4Lo00" width="1174" height="660" >HAMILTON, Ohio (WKRC) — A long-planned redevelopment of the former Shuler &amp; Benninghofen Woolen Mill in Hamilton’s Lindenwald neighborhood is expected to move toward construction, with plans for 127 apartments and about 5,000 square feet of commercial space.Bloomfield/Schon is leading the approximately $29 million project at Pleasant and Williams avenues. The city has worked with the developer since 2019. The project also received a $3.5 million Ohio Historic Preservation Tax Credit.The Butler County Finance Authority is participating through a capital lease arrangement. The authority says eligible building materials will be exempt from a portion of sales taxes, allowing the savings to be reinvested in the redevelopment.“The City of Hamilton deserves tremendous credit for its persistence and leadership on this project,” authority President and CEO Joshua A. Smith said via a media release. He said the financing tool, along with city incentives and the developer’s investment, will help make the rehabilitation possible.The mill’s construction began in 1893, and the complex was completed in 1922. Bloomfield/Schon has also redeveloped the American Can Lofts and Kirby School Apartments in Cincinnati’s Northside neighborhood and the Peters Cartridge Factory in Warren County.Smith said the redevelopment could help draw activity to businesses along Pleasant Avenue and encourage investment in nearby storefronts.“This is an opportunity for the benefits of one redevelopment to reach beyond the mill itself,” he said. “A more active business district can strengthen the appeal of living and investing throughout Lindenwald.”</div></body>

Block Source: WKRC

Misinformation

Clickbait

Old or repetitive news

Explicit content

Location not relevant

HAMILTON, Ohio (WKRC) — A long-planned redevelopment of the former Shuler & Benninghofen Woolen Mill in Hamilton’s Lindenwald neighborhood is expected to move toward construction, with plans for 127 apartments and about 5,000 square feet of commercial space. Bloomfield/Schon is leading the approximately $29 million project at Pleasant...

$29 million project to transform former woolen mill in Hamilton

NewsBreak

HAMILTON, Ohio (WKRC) — A long-planned redevelopment of the former Shuler & Benninghofen Woolen Mill in Hamilton’s Lindenwald neighborhood is expected to m

$29 million project to transform former woolen mill in Hamilton

Comments / 2