The new Foundry development Downtown is filling up fast.
Turner Construction, the general contractor for a slew of major projects in the Cincinnati area, has agreed to lease 27,000 square feet of space on the second floor of the building on the corner of Fifth and Vine streets.
Turner is the second major office tenant to agree to lease space at The Foundry this month. Global financial services firm Deloitte announced last week it would also lease space on the second floor of the $51 million mixed-use development that was previously home to Macy’s department store.
Turner and Deloitte will join Royce – a French brasserie featuring charcuterie, pâtés and other classic French dishes – which was the first tenant to sign a lease at the building and is set to open later this year in one of the project's street-level retail spaces, The Enquirer previously reported.
The Foundry will eventually feature 150,000 square feet of Class A office space; 93,000 square feet of space spread across the second and third floors is still available following the lease signings of Turner and Deloitte.
The project also includes 35,000 square feet of street-level retail space and a 164-space underground garage that is already operating.
With demolition of the building’s interior completed, the installation of mechanical systems throughout the structure is underway, and 3CDC is in the process of wrapping the building with an all-glass façade.
That process is expected to be finished later this month.
“As one of the most prominent structures in Cincinnati’s Central Business District, we’re excited to be reactivating The Foundry with businesses that lead their respective industries and restaurant tenants who will ignite significant pedestrian traffic to this core area of our city,'' Katie Westbrook, 3CDC’s Development Manager in charge of the project, stated.
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