Cincinnati residents Marilyn and Martin Wade are developing property in the Over-the-Rhine area, and plan to include mixed-use projects in what promises to be a $70 million improvement program.
The Wades are making Grammer's, a legendary German restaurant, a centerpiece of the redevelopment. Although it is now closed, Grammer's opened its doors in the 1870s, and is a local landmark. Martin Wade called Grammer's bar “sacred”, and said no matter what they did, the bar would be part of it.
The Grammer's Place part of the scheme is projected to cost $40m, and might include a five-story, mixed-use building, along with four row houses, all located on Clay Street. It is possible that work could begin in the early spring of 2015, and would entail both new construction and property renovation. The facades of Grammer's would be saved, as would those of the ‘Sisters’ building, which is adjacent to Grammer's.
The entire complex will comprise 1.5 acres, with the Grammer's bar incorporated into the plans. It is thought that the bar would be a suitable site for a commercial enterprise that wants to open a coffee shop, bar, or similar concern. Most of the space in the building is earmarked for offices.
The Wades could work with brochure printers to put together material for distribution to realtors, who could present the properties to their clients.
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8550 Beechmont Avenue
Cincinnati, OH 45255
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