Ohio-based MVAH Partners is moving forward with plans for an affordable housing project on Main Street in Midtown. The project includes 147 residential units in a five-story, 140 unit building along Main Street and seven two-story townhouses along Masten Avenue in the rear.
MVAH is looking to acquire two City-owned properties at 1703 and 1707 Main Street in order to construct the project which also includes 1681-1689 Main Street.
The $50.6 million project will require demolition of buildings at Main Street and E. Balcom Street including the former home of The New Pink. Parking is proposed internal to the site.
BDCL Architects of West Chester, Ohio is designing the project which would take 16 months to build. The Planning Commission will get its first look at the project on Monday.
MVAH began developing affordable housing in 1993 and has constructed more than 7,000 affordable housing units ranging across a broad spectrum of housing types: multi-story apartment properties for families and seniors, villas, single-family developments, rehabs, adaptive reuse of existing buildings in large and small communities. Their portfolio includes over 100 affordable housing properties in 15 states.