American Can Lofts Officially Open
Global financial gridlock and environmental hurdles couldn't stop a transformation of the American Can Company Building in Northside, which officially reopened as loft apartments on Friday, Oct. 21, 2011.
For decades, neighbors had envisioned redevelopment of the old industrial site near Jacob Hoffner Park. The project gained momentum about 8 years ago when members of the Northside community began working closely with the City on a new use for the building.
More than 150 different people worked converting the American Can into market-rate apartments, renovations that were made possible with the help of federal funding. And the City's total investment of $2.35 million has leveraged $19.5 million in private funding.
The building now has 110 loft apartments, 12,000 square feet of commercial space, and amenities that include:
- Indoor parking
- Indoor bicycle storage
- Bocce court
- Coffee bar
- Amazing views
- Conference room, art room, fitness room, music practice room
- Outdoor patio with grill
- 14-foot ceilings
- Granite countertops
The American Can Company Building renovation also includes numerous green features, such as ultra high-efficiency heat and air conditioning, low-flow plumbing fixtures and low-VOC paints.
Before the project was even complete, 75% of the apartments were leased and the first commercial tenant signed a letter of intent.
Partners on the project included the City of Cincinnati, Bloomfield/Schon + Partners, the Cincinnati Development Fund, the Port of Greater Cincinnati Development Authority, the State of Ohio and Turnbull-Wahlert Construction.