Formerly Underutilized Hamilton Property Reimagined

May 21, 2019 | News, Newsletter

Jordan Schotz
City of Hamilton Economic Development Department

 

The Davis, a century old building at the corner of Main and D Streets in downtown Hamilton, has recently been reactivated after a $1.8+ million renovation. This project began in early 2017, when the building had only one tenant and sat largely empty. Now, the building’s commercial spaces are fully occupied and twelve new residential units have been created on the second and third floors. Because The Davis is located in the heart of the historic Main Street Business District, the impact of additional foot traffic created by the new apartments and street-level small businesses will be felt throughout the district.

Two Little Buds, a florist which sources its flowers locally, opened in spring 2018 in the back section of the building. In January 2019, The Village Ice Cream Parlor, based out of Lebanon, Ohio, opened a new location in the front portion of the building. Finally, on April 13, Scripted Studio opened its doors. Scripted Studio owner and founder, Carrie O’Neal, is a boutique stationery designer, printer, & retailer. Along with established tenant Hughes Pharmacy, these businesses fill all of the first floor commercial space in the building.

On the second and third floors of the building, a total of twelve apartment units have been redeveloped. These apartments vary in size from approximately 634 square feet to just over 900 square feet and are now available for lease. Each unit offers unique historic charm with fully updated, modern amenities, and will help to fill the need for high-quality, market-rate housing within the historic Main Street Business District.

The City of Hamilton has welcomed more than 60 new small businesses since 2014, and 30 of those have been in the Main Street Business District. The energy and investment in this critical district has completely transformed it in the course of just a few years, highlighting the good that can come from the shared vision and combined effort of entrepreneurs, local leaders, and residents.

 

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FAQs Regarding Voluntary Disclosure

In response to the COVID-19 pandemic, state and local government issuers of securities, and others generally obligated to support the payment of such securities, who entered into continuing disclosure undertakings or agreements (CDAs) in accordance with Securities and Exchange Commission (SEC) Rule 15c2-12, may have questions concerning their continuing disclosure responsibilities. The following information provides guidance with respect to some commonly asked questions many issuers and “obligated persons” currently face. (Note that its purpose is to provide information of a general nature on this topic and should not be construed as legal advice.)

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We appreciate everything you and your teams have done to mobilize to keep Ohio and its businesses going during this unprecedented pandemic.

Although some numbers may be sobering, there are opportunities for Ohio that spark optimism. Under the leadership of the DeWine/Husted Administration, Ohio has been recognized as one of the top states to respond to COVID-19. We can leverage that attention to make Ohio stronger, built on the foundation of what already makes Ohio great.

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