Cincinnati Construction Pipeline 4Q23

MARKET SNAPSHOT

0

Existing Units

0 %

share of existing inventory uc

0

Total Units Under Construction or In Lease Up

# 0

rank*

1 = Highest Share of Inventory UC

0

units delivering in next 4q

0

delivered in the last 4q

* Rank is based on the share of inventory (Units Under Construction/existing inventory) for the largest 150 Markets

Construction Pipeline

Pre-Planned

11,574 Units

Planned

1,610 Units

Under Construction

3,898 Units

Lease-Up

2,120 Units

Building Style

2,929

Garden-style
Units Under Construction or in Lease-Up

2,424

Mid-rise / Hi-rise
Units Under Construction or in Lease-Up

665

Single-Family
Units Under Construction or in Lease-Up

Demand v Completion

*Denotes Estimated Annual Total

Permitting Data

Submarket Breakdown

614 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
3533341,270

597 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
4775761,426

407 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
1653222,351

1,049 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
6804393,908

448 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
7633912,310

266 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
272266136

807 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
2952872,411

547 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
4715471,107

180 Units Under Construction

Demand Forecast
[Next 4 Quarters]		Supply Forecast
[Next 4 Quarters]		Historical Delivery
[10-Yr Average]
-285180495

Cincinnati Construction Pipeline

The information provided in this construction pipeline map is obtained from RealPage. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.
Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.

Full Data Table

Property NameSubmarketAddressCityStateZIP CodeProperty StatusConstruction Start DateConstruction Finish DateTotal UnitsProperty Structure
AltairBoone County/Erlanger780 Weaver RdFlorenceKY41042Under Construction09/01/202307/01/2025160Garden
Hamlet on the BendBoone County/Erlanger1207 N Bend RdHebronKY41048Under Construction07/01/202207/01/2024156Garden
Union PromenadeBoone County/Erlanger9357 Old Union RdUnionKY41091Under Construction03/01/202311/01/2024298Garden
Uptown Rental Properties DevelopmentBoone County/ErlangerCayton Rd & Mall RdFlorenceKY41042Pre-Planned155Garden
Clocktower West ChesterButler County9360 Clocktower SquareWest Chester TownshipOH45069Under Construction01/01/202206/01/2024329Garden
Former Beckett PaperButler County400 Dayton StHamiltonOH45011Pre-Planned250Garden
Former Goetz TowerButler County1000 Central AveMiddletownOH45044Under Construction07/01/202306/01/202521Tower
Former Shuler & Benninghofen Woolen MillButler CountyWilliams Ave & Pleasant AveHamiltonOH45015Pre-Planned100Podium
Liberty CenterButler CountyGibson St & Niederman WayCincinnatiOH45069Pre-Planned264Wrap
Liberty FlatsButler County7373 Bales StLiberty TownshipOH45069Under Construction/Lease-Up08/01/202104/01/2024356Garden
Relay 129Butler CountyLiberty Way & Cox RdWest Chester TownshipOH45069Pre-Planned416Podium
The Residences at GatewayButler CountyUnion Centre Blvd & Imagination BlvdWest Chester TownshipOH45069Pre-Planned322Garden
2100 Harris Pike ICampbell/Kenton Counties2100 Harris PikeIndependenceKY41051Pre-Planned72Garden
2100 Harris Pike IICampbell/Kenton Counties2100 Harris PikeIndependenceKY41051Pre-PlannedGarden
Al Neyer DevelopmentCampbell/Kenton Counties179 Fairfield AveBellevueKY41073Pre-Planned239Podium
Downs of NicholsonCampbell/Kenton CountiesMadison Pike & Taylor RdIndependenceOH41051Under Construction08/01/202303/01/202585Single Family
Duveneck Square IICampbell/Kenton CountiesW Pike St & Washington StCovingtonKY41011Pre-Planned133Garden
ElevationCampbell/Kenton Counties901 Baneberry LnAlexandriaKY41001Under Construction/Lease-Up02/01/202112/01/2023327Garden
Newport OvationCampbell/Kenton Counties123 W 4th StNewportKY41071Planned03/01/202404/01/2026300Tower
Northern PointCampbell/Kenton CountiesUS-27 & Nunn DrHighland HeightsKY41076Pre-Planned208Wrap
Velo RiversideCampbell/Kenton Counties1181 Manhattan BlvdDaytonKY41074Under Construction06/01/202203/01/2024265Garden
Vicinity at Memorial PointeCampbell/Kenton Counties3949 Vision CirSouthgateKY41071Under Construction10/01/202206/01/2024200Garden
16 West Central ParkwayCentral Cincinnati16 W Central PkwyCincinnatiOH45202Pre-Planned72Podium
1712 Logan StreetCentral Cincinnati1712 Logan StCincinnatiOH45202Pre-Planned66Podium
211-219 & 221-223 West 4th StreetCentral Cincinnati211-219 & 221-223 W 4th StCincinnatiOH45202Pre-Planned57Garden
26 West 7th StreetCentral Cincinnati26 W 7th StCincinnatiOH45202Pre-PlannedPodium
830 Main IICentral Cincinnati201-207 Alden AlleyCincinnatiOH45202Pre-Planned70Tower
Adam's LandingCentral Cincinnati975 Adams CrossingCincinnatiOH45202Pre-Planned100Podium
AT580 IICentral Cincinnati580 Walnut StCincinnatiOH45202Pre-Planned110Podium
Banks IIICentral Cincinnati121 E Freedom WayCincinnatiOH45202Pre-PlannedPodium
Cincinnati ClubCentral Cincinnati30 Garfield PlCincinnatiOH45202Pre-Planned99Podium
City Club Apartments Union CentralCentral Cincinnati1 W 4th StCincinnatiOH45202Under Construction/Lease-Up06/01/202206/01/2024281Tower
District at Clifton HeightsCentral Cincinnati311-330 Straight StCincinnatiOH45219Pre-Planned350Tower
FC Cincinnati Development Future PhasesCentral Cincinnati1550 Central PkwyCincinnatiOH45202Pre-Planned300Podium
FC Cincinnati Development ICentral Cincinnati1550 Central PkwyCincinnatiOH45202Pre-Planned150Podium
Findlay ParksideCentral Cincinnati1724-1814 Vine StCincinnatiOH45202Under Construction09/01/202212/01/202465Garden
Former Carew TowerCentral Cincinnati441 Vine StCincinnatiOH45202Planned06/01/202407/01/2026385Tower
Former Hartford Insurance Company BuildingCentral Cincinnati630 Main StCincinnatiOH45202Pre-Planned64Podium
Former Macy's HeadquartersCentral Cincinnati7 Seventh St WCincinnatiOH45202Planned12/01/202301/01/2026341Tower
Garfield SuitesCentral Cincinnati2 Garfield PlCincinnatiOH45202Under Construction07/01/202302/01/2025153Tower
Liberty & ElmCentral Cincinnati1617 Elm StCincinnatiOH45202Under Construction01/01/202301/01/2025305Wrap
Mercantile Center DevelopmentCentral Cincinnati120 E 4th StCincinnatiOH45202Pre-Planned156Tower
Mercantile Library DevelopmentCentral Cincinnati414 Walnut StCincinnatiOH45202Pre-Planned156Tower
The AltoCentral Cincinnati1901 Bigelow StCincinnatiOH45219Under Construction05/01/202112/01/2023185Podium
The FoundryCentral Cincinnati7 W 7th StCincinnatiOH45202Under Construction08/01/202309/01/2025338Tower
The TerracesCentral Cincinnati15 W 6th StCincinnatiOH45202Planned11/01/202406/01/2026185Tower
The Vibe 830 MainCentral Cincinnati830 Main StCincinnatiOH45202Under Construction/Lease-Up10/01/202012/01/202360Tower
3060 Durrell AvenueNorth Central Cincinnati3060 Durrell AveCincinnatiOH45207Pre-Planned250Garden
4747 Montgomery RoadNorth Central Cincinnati4747 Montgomery RdCincinnatiOH45212Pre-PlannedPodium
6010 Montgomery RoadNorth Central Cincinnati6010 Montgomery RdCincinnatiOH45213Under Construction06/01/202311/01/202482Garden
Former La Ventura ApartmentsNorth Central Cincinnati700 Chalfonte PlCincinnatiOH45229Under Construction09/01/202302/01/202523Garden
Former Swifton CommonsNorth Central Cincinnati7030 Reading RdCincinnatiOH45237Pre-Planned400Garden
Former Victory Park OfficesNorth Central Cincinnati2330 Victory PkwyCincinnatiOH45206Pre-PlannedTower
Graphite OakleyNorth Central Cincinnati2940 Disney AveCincinnatiOH45209Under Construction08/01/202103/01/2024316Podium
Madisonville FlatsNorth Central Cincinnati4710 Madison RdCincinnatiOH45227Pre-Planned234Podium
Paramount Square INorth Central Cincinnati900 E McMillan StCincinnatiOH45206Pre-Planned115Garden
Paramount Square IIINorth Central Cincinnati900 E McMillan StCincinnatiOH45206Pre-Planned71Garden
Park Avenue SquareNorth Central CincinnatiPark Ave & E McMillan StCincinnatiOH45206Pre-Planned176Garden
Poste IINorth Central CincinnatiE McMillan St & Stanton AveCincinnatiOH45206Pre-Planned63Garden
Queen City HillsNorth Central Cincinnati3035 Reading RdCincinnatiOH45206Pre-Planned400Podium
St Bernard SquareNorth Central Cincinnati4911 Vine StSaint BernardOH45217Pre-Planned200Podium
The Node Future PhasesNorth Central CincinnatiReading Rd & Martin Luther King Dr ECincinnatiOH45229Pre-Planned120Podium
The Node INorth Central CincinnatiReading Rd & Martin Luther King Dr ECincinnatiOH45206Pre-Planned180Podium
Three Oaks INorth Central Cincinnati2800 Robertson AveCincinnatiOH45209Pre-Planned140Garden
Three Oaks IINorth Central Cincinnati2800 Robertson AveCincinnatiOH45209Pre-Planned210Garden
Tributary 50North Central Cincinnati4040 Walton Creek RdCincinnatiOH45227Under Construction/Lease-Up10/01/202212/01/202327Garden,Townhome/Row Home
Artisan Village INorth Cincinnati11700 Princeton PikeSpringdaleOH45246Pre-Planned450Podium
Artisan Village IINorth Cincinnati11700 Princeton PikeSpringdaleOH45246Pre-Planned310Podium
Artisan Village IIINorth Cincinnati11700 Princeton PikeSpringdaleOH45246Pre-Planned460Podium
Artisan Village IVNorth Cincinnati11700 Princeton PikeSpringdaleOH45246Pre-Planned300Podium
Artisan Village VNorth Cincinnati11700 Princeton PikeSpringdaleOH45246Pre-Planned855Podium
The Row on MerchantNorth Cincinnati144 Merchant StSpringdaleOH45246Under Construction/Lease-Up02/01/202206/01/2024226Garden,Townhome/Row Home
11604 Grooms Road INortheast Cincinnati/Warren County11604 Grooms RdCincinnatiOH45242Pre-Planned300Garden
11604 Grooms Road IINortheast Cincinnati/Warren County11604 Grooms RdCincinnatiOH45242Pre-Planned92Garden
6283 Tri Ridge BoulevardNortheast Cincinnati/Warren County6283 Tri Ridge BlvdLovelandOH45140Under Construction01/01/202307/01/202449Townhome/Row Home
8600 Governors Hill DriveNortheast Cincinnati/Warren County8600 Governors Hill DrCincinnatiOH45249Under Construction07/01/202303/01/2025201Garden
Easton FarmNortheast Cincinnati/Warren County605 N Main StSpringboroOH45066Pre-Planned252Garden
MeribelNortheast Cincinnati/Warren County10 Aime DrSpringboroOH45066Under Construction10/01/202208/01/2024168Townhome/Row Home
MeridianNortheast Cincinnati/Warren CountyUnion Rd & Campus LoopMiddletownOH45005Under Construction01/01/202305/01/2025319Garden
Milhaus DevelopmentNortheast Cincinnati/Warren CountyBeach Blvd & Kings Mills RdMasonOH45040Pre-Planned223Garden
Parkside at LebanonNortheast Cincinnati/Warren County1700 W Main StLebanonOH45036Pre-PlannedGarden
Redwood South LebanonNortheast Cincinnati/Warren County4537 A Redhewn LnSouth LebanonOH45065Under Construction/Lease-Up03/01/202204/01/2024110Single Family
Retreat at LebanonNortheast Cincinnati/Warren CountyUS-42W & Walmart DrLebanonOH45036Pre-Planned248Garden
River Creek LoftsNortheast Cincinnati/Warren County1771 Mason-Morrow-Millgrove RdLebanonOH45036Pre-Planned416Garden
The AtticusNortheast Cincinnati/Warren CountyUnion Rd & Market AveMiddletownOH45005Pre-Planned243Garden
The BLUENortheast Cincinnati/Warren County9565 Kenwood RdBlue AshOH45242Pre-Planned250Wrap
The Residences at Montgomery QuarterNortheast Cincinnati/Warren County7920 Cameron LnMontgomeryOH45242Under Construction/Lease-Up10/01/202002/01/2024148Garden
The SummitNortheast Cincinnati/Warren CountyCarver Woods Dr & Parkvie DrBlue AshOH45242Pre-Planned200Podium
Towne at DeerfieldNortheast Cincinnati/Warren County5691 Kings Island DrMasonOH45040Pre-Planned316Garden
Woodard DevelopmentNortheast Cincinnati/Warren CountyOH-122 & Union RdMiddletownOH45005Planned03/01/202405/01/2026304Podium
SkytopSoutheast Cincinnati5280 Beechmont AveCincinnatiOH45230Under Construction/Lease-Up10/01/202102/01/2024361Podium
Vantage at Anderson Towne CenterSoutheast Cincinnati1435 Towne Center WayCincinnatiOH45230Under Construction/Lease-Up03/01/202202/01/2024224Tower
1251 Central AvenueWest Cincinnati1251 Central AveCincinnatiOH45214Pre-PlannedPodium
1670 Cooper StreetWest Cincinnati1670 Cooper StCincinnatiOH45223Pre-Planned105Garden
College Hill Station IIIWest CincinnatiW North Bend Rd & Hamilton AveCincinnatiOH45224Planned06/01/202409/01/202595Garden
Crosley’s CornerWest CincinnatiApple St & Vandalia AveCincinnatiOH45223Pre-Planned57Modular
Former Lafayette Bloom SchoolWest CincinnatiBank St & Baymiller StCincinnatiOH45214Pre-PlannedGarden
Former Wegman BuildingWest Cincinnati1101 York StCincinnatiOH45214Pre-Planned29Podium
Veridian Delhi Towne SquareWest Cincinnati5025 Delhi PikeCincinnatiOH45238Under Construction10/01/202103/01/2024180Podium

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Evan Lisle

Associate Advisor

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AS FEATURED IN

Construction Pipeline Report Methodology

Market Snapshot

Existing Units:  An estimate of the number of units in properties with 50 or more units.

Total Units Under Construction Or In Lease Up: Units being built or pre-leased as of February 2024, for projects with 50+ units.

Units Delivering in Next 4Q: Units expected to complete by the end of Q1 2025.

Share Of Existing Inventory UC: Percentage of units under construction relative to existing stock.

Construction Pipeline Status

Prospective: Early-stage project concepts.

Planned: Projects with approved conceptual plans by planning/zoning authorities.

Under Construction: Actively developed properties.

UC/Lease-Up: Properties under development and pre-leasing.

Rental Category

Discretionary: Resort-quality properties targeting high-income renters or those choosing to rent over owning.

High Mid-Range: Appeals to dual-income households with incomes similar to those in the discretionary category.

Low Mid-Range: Targets working professionals in “gray collar” jobs (e.g., police, firefighters, teachers, technicians).

Workforce: Aimed at blue-collar workers with lower incomes.

Pipeline Map & Data Table

Data sourced from Yardi Matrix. While accuracy is prioritized, the exactness of data cannot be guaranteed.

Construction Pipeline Map

The information provided in this construction pipeline map is obtained from Yardi Matrix. While every effort has been made to ensure that the information contained in the map is as accurate as possible, MMG REA does not warrant, endorse, or guarantee the completeness, accuracy, or reliability of the information.

Users of the map should be aware that the data related to properties, including but not limited to locations, statuses, and details, may be subject to change without notice. MMG REA shall not be liable for any errors, omissions, or inaccuracies in the information or for any user’s reliance on the information. Users are encouraged to validate the information with other sources in the field to confirm any details or obtain further information.