Last June, Resource Residential purchased Williamsburg of Cincinnati, a 976-unit development in the Hartwell neighborhood of Cincinnati.
More than a year later, the Philadelphia-based apartment owner and operator is finishing a multi-million dollar renovation of the property.
Resource Residential, which also owns the Cannery Lofts in Dayton and more than 60 other apartment communities across the U.S., made a number of upgrades to both unit interiors and the exterior of the property.
To view a slideshow of the renovated community, click on the image to the right.
The upgrades to Williamsburg of Cincinnati include renovated apartment and townhome interiors, three saltwater swimming pools, a 24-hour fitness center, tennis courts, a club house, two “bark parks” and laundry facilities.
Rent at Williamsburg ranges from $585 to $690 for one-bedroom apartments to $1,175 to $1,215 for three-bedroom units. Officials with Resource Residential would not disclose the current occupancy rate.
The development has one of the more unique histories among Cincinnati’s residential developments.
Started in 1845 as a grand limestone house, the property has seen many changes. Peter and George Bogen, German immigrants, bought 150 acres in the Mill Creek Valley that year. They built the house along with a vaulted wine cellar that ran the entire length of it. The Bogens became famous for their Catawba grape-focused wines. Within five years, they were increasing the vineyard size and producing 3,300 gallons of wine a year.
In the early 1900s, the land had been sold and was being used for dairy farming, until a fire destroyed the operation in 1910. It was revitalized in the 1930s when Philip Meyers Sr., a businessman who owned Fashion Frocks, leased and eventually bought the property.
Meyers and his son, Philip Meyers Jr., decided to build a complex of garden apartments on the land. The Meyers commissioned an architect to design about 30 buildings containing one-, two- and three-bedroom units, as well as two-story townhouses.
Williamsburg of Cincinnati opened in the late 1960s and “gained a reputation for excellence in physical beauty, management, service, and gracious living,” according to “From Viticulture to American Culture: the History of the Ohio River Valley Meyers Estate.”
On Aug. 15, the new owners of Williamsburg of Cincinnati will hold a ribbon cutting event to unveil the property.
