716 Sycamore Street · Cincinnati, Ohio · 45202
Positioned to be the pinnacle of residential mixed-used development in downtown Cincinnati, Encore furthers our role in the revitalization of our home city, offering a truly luxurious living experience at the corner of Cincy’s Central Business District.
Less than two decades after the completion of our first property in Cincinnati’s Central Business District (CBD), we broke ground on our fourth: Encore, a 17-story residential tower at Eighth and Sycamore Street. Aptly named, the project comes as the demand for downtown living in the region grows; a renewed interest that we helped spark with work that began back in the late 1990s. The neighborhood — then defined by decline and better known for poverty and crime — has seen a welcome revival in which new homes and apartments were key to creating a dynamic city epicenter. “It was a vision put into motion by my father, Tony Hobson,” NAP Asset Manager Jim Hobson explains of our commitment to lay down a residential base in the heart of this modest Midwestern city, “and the CBD is where he planted his flag.” To some, investing in the early years of the Queen City’s urban revival may have looked like risk. For us, it was a heartfelt necessity. Either way, it worked, and Encore represents just the latest in a line of properties offering proof.
It’s the pinnacle of our urban development.
The units and the amenities that are featured in Encore reach new heights.
Back in 1999, NAP welcomed tenants to its first downtown Cincinnati apartment building, East 8 Lofts, a converted warehouse on 8th Street. Its 45 residential units were all rented within 60 days. We opened Sycamore Place in 2002, another converted industrial space featuring 105 units. Seven at Broadway came next in 2015, a new build with 111 amenity-rich, high-end apartments. Encore arrives on the heels of Seven at Broadway’s success, incorporating lessons from each previous project.
Among other things, experience taught us that here, the empty-nester generation wanted to be downtown as much as the Millennials, but sought a luxurious living experience like the one cultivated at Broadway, so we designed Encore for the most discerning of renters. It’s the capstone of our collection, adding to offerings that satisfy any kind of downtown dweller, whether they’re seeking a trendy loft laced with old world charm, or a brand-new apartment with modern amenities. What’s more, the influx of residents has brought a bonus: the revitalization of dining and retail in the area, creating a newly vibrant, everything-you-need pocket of walkable livability in the heart of the city.
Formerly the site of a parking garage and the American Red Cross, Encore includes a new garage and street-level retail space that’s being developed by 3CDC, the Cincinnati Center City Development Corporation, a private, non-profit real-estate development and finance organization that’s been investing in Cincinnati's revitalization since 2003. (The residential tower is being constructed above the 6-story garage, which opened in 2016, to maximize the density of the site.) “3CDC has been an ideal collaborator,” Jim says. “They’ve given us the bandwidth to execute on our vision and make this product something really special.”
Truth be told, all of the four properties we’ve developed in downtown Cincinnati are something special; physical reminders of the change that has happened here and will continue to bloom, as well as the investment it took to make transformation possible. “NAP has been with downtown Cincinnati every step of the way, offering a product for folks looking to live downtown from the ’90s through now,” Jim affirms. Encore represents our biggest achievement yet here, completing a collection of properties that are essentially love letters to the city of Cincinnati.
We promise to write even more; Cincy holds an eternal place in our hearts.