LOVELAND — Three of Greater Cincinnati's biggest developers will formally pitch plans Tuesday to build homes and a commercial development on the historic, 85-acre White Pillars property.

        Council members have invited representatives from each company to give 20-minute presentations at a 7 p.m. session at City Hall.

        They have each offered to preserve a brick, colonial-style house dating to the early 1800s so they can build homes valued at about $300,000, and a business development expected to employ hundreds.

        City officials said the three had the best proposals of seven submitted earlier this year. Council members will invite public input at hearings May 21 and May 28 before making their final choice in June.

        The decision will boil down to the price they offer, the tax revenues generated for the city, and impact on the schools.

        Here are their proposals:

        • Al Neyer Inc.: To pay the city $2.6 million to build 70 single-family homes valued at up to $310,000, 55 townhomes valued at about $200,000 each, and a 25-acre commercial development. Annual tax revenues are setimated at $263,000.

        • Towne Properties and Cincinnati United Contractors: To pay $2.7 million to build 84 single-family homes valued at about $400,000, 32 townhomes worth about $225,000 each and a 16-acre commercial development. Estimated tax revenues: $249,300.

        • Hines-Griffin Joint Venture and Parrott & Strawser: To pay $3.4 million to build 85 single-family homes valued at $450,000, 70 town homes worth $225,000 each and a 16-acre commercial development. Tax revenues: $284,700.

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