Reported by: 9News
Web produced by: Neil Relyea

One of Cincinnati’s oldest neighborhoods is going to get new upscale housing next year.

The NAI/Bergman Group will tear down an old apartment building and single-family home at the end of Allendale Drive to make way for the new 20-unit lofts project.

The building will have four floors that will include a parking garage, 10-foot ceilings and large loft-style rooms with a view of the Hyde Park Country Club golf course.

“It’s just a project [following the lines] of similar projects in Chicago, Atlanta, Columbus and Seattle,” said Brent Van Lieu, of NAI/Bergman. “We’ve taken the best of those projects and brought them here to Cincinnati.”

The condominium building will be called “The Lofts At 4120.”

Units will cost between $740,000 and $940,000.

Construction should begin by next week, with units ready by the fall of 2007.