BY PERRY BROTHERS
The Cincinnati Enquirer
Equity Group LLC has received the green light from the city of Sharonville and the Metropolitan Sewer District to begin its Summit Woods development. The approved plans include about 500,000 square feet of office space, two 140-room hotels and 1 to 2 acres of retail, said Equity Group member Fred Skurow.
The plans are in preliminary stages, so Mr. Skurow declined to name the proposed hotel and retail developers. He did say that the potential office developers include one local and two out-of-town developers.
The group Monday will begin taking bids for site development. The investment group paid about $4 million for the 48-acre property, at Reed Hartman Highway and Interstate 275, in May.
Arthur Calamari, of the Bergman Group, represented Equity Group in the purchase and is the exclusive listing agent for the property.
Seminar to focus on aging business areas
The Cincinnati Neighborhood Action Strategy (CNAS) group is sponsoring a seminar Friday to discuss "New life for aging neighborhood business districts."
Lloyd M. Bernstein, a Cincinnati real estate developer and consultant with LMB Associates, will offer pointers and strategies for maintaining desirable neighborhoods by upgrading business districts.
The session will be held from 8:30 a.m. to noon in the presentation room of the Greater Cincinnati Chamber of Commerce at Fifth and Walnut streets.
The seminar is free, but registration is required. Call 352-4857 for reservations or more information.
Marketing group signs lease at PNC Center
Catalina Marketing Corp. has signed a lease for more than 7,000 square feet at the PNC Center downtown.
The company is moving from the Woodford Building on East Fourth Street to the 490,000-square-foot office tower complex at Fifth and Main.
The estimated value of the five-year deal is $600,000. Mike Hartmann and Bob Ryan brokered the deal.
Enquirer exec to address building owners' group
George Blake, vice president of community relations for The Cincinnati Enquirer, will speak at the Building Owners and Managers Association November luncheon.
Elections also will be held at the event, which is scheduled for 11:30 a.m. Friday in the Omni Netherland Hotel's Continental Room.
A new member orientation program will be held before the luncheon at 11 a.m. in the Omni's Julep Room.
For more information call 621-8382.
