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 with 530 Walnut LLC, an affiliate of Urban Sites Capital Advisors, LLC, thereby authorizing a fifteen-year tax exemption for 100 percent of the value of improvements made to real property located at 530 Walnut Street in the Central Business District of Cincinnati, in connection with the remodeling of an existing building into approximately 63,117 square feet of residential space consisting of approximately 67 residential rental units, at a total construction cost of approximately $14,436,431; and further AUTHORIZING a ten-year historic extension of such fifteen-year tax exemption. (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
- 530 Walnut LLC 2 records across this site
- Amount
- $14.4M
- Runs until
- July 31, 2036 10 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Construction
construction 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.
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530 Walnut LLC also holds
ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/7/2026, AUTHORIZING the City Manager to execute a Funding Agreement with 530…- Committee
- Cincinnati City Council
- Requested by
- Housing & Growth
- Introduced
- July 31, 2026
- On agenda
- August 5, 2026
- Passed
- August 5, 2026
- Enacted
- August 5, 2026
- Enactment no.
- 0292-2026
Where it was heard
Cincinnati City Council Cincinnati City Council Cincinnati City Council Housing & GrowthWatch what Cincinnati buys
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