Rebirth Of A Price Hill Landmark
Rebirth Of The Elberon, A Price Hill Landmark
Community Development's renovation of the historic Elberon building at 8th and Elberon Streets is complete. Over the course of about 18 months, the City and its partners transformed a vacant and blighted building into the neighborhood and city landmark it once was.
Made possible through Community Development's Neighborhood Stabilization Program and the efforts of neighborhood groups like Price Hill Will and lenders like Fifth Third Bank, The Elberon is a completely renovated, LEED-certified, 37-unit senior apartment building in Cincinnati's Price Hill neighborhood.
No longer a symbol of vacancy and blight, the new Elberon building is a symbol of the ongoing transformation of the City of Cincinnati. The development symbolizes the renaissance of Price Hill, provides elderly residents with quality, first-class housing, and demonstrates that public-private partnership are among the most effective means of community redevelopment.
Throughout the redevelopment process, the Elberon has been featured in print and web media around the city and country.
Many development partners made this project possible, particularly Price Hill Will, Local Initiatives Support Corporation (LISC), the East Price Hill Improvement Association, the Cincinnati-Hamilton County NSP2 Consortium, Ohio Housing Finance Agency, Ohio Capital Corporation, Red Capital, Fifth-Third Bank, and the property developer, the Model Group.