Port Authority Names Cassidy Turley To Market MidPointe Crossing
- May 30, 2014
The Port of Greater Cincinnati Development Authority has started planning and site development of the MidPointe Crossing project in Cincinnati’s Bond Hill neighborhood, and has named Cassidy Turley to market the $80 million project.
MidPointe Crossing will rise on 25 acres at the intersection of Seymour Avenue and Reading Road. The site was once the home of Swifton Commons, the region’s first shopping mall, which was demolished last December to make way for the new development.
Plans call for the construction of office, retail, residencies, parking spaces and a hotel. During the first phase, the Port Authority plans to develop up to 500,000 square feet of office and retail space.
Cassidy Turley Senior Vice President Scott Abernethy and Associate Joshua Smitherman will lead office land sales. Vice President Andrew Sellet and Associate Terry Ohnmeis will handle retail land sales.
“MidPointe Crossing is Cincinnati’s next great office and retail location,” said Port Authority President & CEO Laura Brunner in a statement. “The Port Authority and City of Cincinnati have teamed on making significant investment in this location that complements all of the other momentum nearby. We now expect the market will respond favorably, because there are only a handful of development-ready city sites of this caliber.”
Over the past decade, the Seymour/Reading corridor has attracted more than $270 million in investment, including 300 new homes, new schools, recreational facilities, and religious institutions. That investment has created more than 1,900 jobs.
Photo illustration credit: The Port of Greater Cincinnati Development Authority