ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 8/4/2026, APPROVING, AND AUTHORIZING the City Manager to execute a Community Reinvestment Area Tax Exemption Agreement (LEED or Living Building Challenge) with Alms & Doepke Building, LLC, an affiliate of Stough Development Corporation, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 222 E. Central Parkway in the Over-the-Rhine neighborhood of Cincinnati, in connection with the remodeling of an existing building into approximately 7,600 square feet of commercial space and approximately 252,400 square feet of residential space, consisting of approximately 142 residential rental units, at a total remodeling cost of approximately $41,774,076. (Subject to the Temporary Prohibition List <https://www.cincinnati-oh.gov/law/ethics/city-business>). <https://www.cincinnati-oh.gov/law/ethics/city-business%3e).>

What this record is

Held by

Alms & Doepke Building, LLC

Amount

$41.8M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

contract

Field

Public safety

public safety contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Cincinnati City Council

Requested by

Housing & Growth

Introduced

July 30, 2026

On agenda

August 5, 2026

Passed

August 5, 2026

Enacted

August 5, 2026

Enactment no.

0290-2026

Where it was heard

Cincinnati City Council Aug 5, 2026 Passed Emergency Pass Cincinnati City Council Aug 5, 2026 Emergency clause to remain Pass Cincinnati City Council Aug 5, 2026 Suspension of the three readings Pass Housing & Growth Aug 4, 2026 Recommend Passage Emergency

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