Cincinnati City Council is considering an ordinance to extend a Community Reinvestment Area LEED tax exemption agreement to the DeVotie Hall Association for the renovation and expansion of the Sigma Alpha Epsilon house in University Heights.
As part of the agreement, the organization would receive a 15-year property tax exemption to build a two-story wing and renovate 14,800 square feet of existing space at .
The nearly $3.8 million project would increase living capacity from 32 students to 46 students, increase living space by 7,200 square feet, and would include the upgrade and expansion of the 1925 building's bathroom facilities, mechanical systems, and sprinkler systems.
DeVotie Hall Association has registered the project with the U.S. Green Building Council as a LEED NC 2.2 development.
Seventy-five percent of the increased tax value of the property would be exempt, a reduction of more than $1.1 million in tax liability over the life of the agreement.
If approved, the project would be completed by spring 2010.
In October 2007, two multi-family houses on Stratford Avenue were razed to make way for the expansion.
Previous reading on BC:
Wrecking Cincinnati, 11/8/07 (11/8/07)
Tuesday, June 16, 2009
Cincinnati considering LEED tax exemption for frat's expansion, renovation
Posted by Kevin LeMaster at 5:10 AM
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7 comments:
As a member of the Greek Community at UC, we prefer the use of "fraternity" versus "frat." The word "frat" is considered to be a negative connotation. Thank you.
Cool your jets, bro. He clearly meant no disrespect.
I think what is seen in the photo is the 1925 addition across the front of an even older house whose roof peak is barely visible above the top of the front roof towards the right.
The oldest part of the house was built in the 20s. There is an addition in the rear that was added in the 50s. (Not the peak seen in the photo. That is part of the original structure.) The house was built by Judge AK Nippert in honor of his son, Jimmy. (Nippert Stadium is also named after Jimmy Nippert.)
Thanks for the info.
Do you know when the addition across the front was added?
The facade of the house pictured is all original 1925. The only addition to the house is in the rear (West, towards Stratford Ave) and was built in 1956.
The house was built specifically to be a fraternity house and was never any other type of residential structure.
Thanks for the info. The house is beautiful (from the outside at least; I've never seen inside), so I hope the expansion does the building justice.
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