Gearing up for a Grand Opening: The Boulevard at Oakley Station

May 21, 2014May 21, 2014

We get excited about seeing the efforts and hard work of so many come to fruition. That’s why there is an extra spring in our step around the corporate office today, as we prepare to host the Grand Opening of The Boulevard at Oakley Station, a new luxury apartment development of 302 units located on the Northeast side of Cincinnati. The grand opening ceremony will take place on Thursday, May 22, 2014 from 4-7pm EDT at 3225 Oakley Station Blvd, Cincinnati, Ohio 45209. Cincinnati Vice Mayor David Mann will officiate a ribbon cutting at 10am.

The Boulevard at Oakley Station features studio, one, two and three bedroom apartment homes, complemented by stainless steel appliances, Roman soaking tubs and oversized windows, granite countertops and wood style flooring. High-tech features are a constant theme in the community, including a Cyber Cafe and Gaming Lounge, Screening Lounge with Surround Sound and a heated Saltwater pool. Residents also enjoy an outdoor grilling area, fire pit, bocce ball court and tanning bed.

“The Boulevard at Oakley Station is a cutting-edge development in an area of Cincinnati that is experiencing phenomenal growth,” says David Flaherty, CEO of Flaherty & Collins Properties. “We are excited at the reception the property has received thus far and what it means for the community and residents that call The Boulevard at Oakley home.”

The Boulevard at Oakley Station was developed, constructed, owned and managed by Flaherty & Collins. Project assistance was provided by the City of Cincinnati. Financing for the project was provided by BMO Harris, First Financial and Nationwide. Construction was completed last fall on the $40 million development, part of a series of developments taking place in Oakley Station, which serves as a major hub and primary crosstown artery for Cincinnati. A $12 million storm water tunnel project was completed earlier this spring, while Kroger is set to open a 145,568 square foot Marketplace store in 2015, as well as the addition of a variety of office and restaurants within the next year or 18 months.

Units range from to 682 square feet to 1,703 square feet and are equipped with energy efficient appliances, as well as washer and dryer units. The project will be LEED certified.

“The Boulevard at Oakley provides a place to truly call home,” says Jim Crossin, Vice President of Development at Flaherty & Collins, who served as the lead developer on the project. “Based on our location, and the growth of the area, it is truly a place where you can live, work and play.”

Come visit us tomorrow, we are excited to share this magnificent property with you!

Downtown Spins on Axis

May 13, 2014

Matt Kryger/The Star

We’re getting a little excited around the office this week, with the Grand Opening of Marsh at Axis just a few days away. As the Indianapolis Star highlighted today, Marsh will open a 42,000-square-foot, grocery at Axis in downtown Indianapolis on Thursday, May 15, 2014 that will serve as a new prototype, flagship store. The grand opening activities will begin at 9am with comments from Indianapolis Mayor Greg Ballard before the ribbon cutting ceremony.

“We are excited to have Marsh opening to new customers, many of whom will be Axis residents,” said David Flaherty, CEO of Flaherty & Collins Properties, who developed and constructed the Axis project. “This incredible store will serve as an anchor to Axis and the downtown area for many years to come. We are pleased that Marsh chose Flaherty & Collins and Axis to develop this concept. The project has been such a positive experience from a partnership and teamwork perspective between Marsh and our construction team.”

The new design for the store is the first of its kind in the nation and features extra space for produce, meats and a bakery. The store features top-quality meats and seafood, fresh produce and an expansive deli section. The bakery touts fresh-baked breads, cakes and pastries, as well as numerous beer and wine selections, with labels from local brew masters and vintners.

In addition, Marsh offers an extensive salad bar and other prepared meals for carry-out purchase or for enjoyment in the store’s mezzanine-level dining area. This café mezzanine area features free WiFi and the availability to order food from a kiosk in a lounge-like atmosphere, then pick-up from the main level.

Marsh is the first component of Axis to open, with luxury residential units to come this summer. Developed and constructed by Flaherty & Collins Properties, Axis is a mixed-use, multifamily development featuring 330 luxury apartments and more than 25,000 square feet of exterior amenity space.

In addition to Marsh, residents of Axis will have an amazing array of living and entertainment options in the heart of downtown Indianapolis, including a sixth floor Sky Bar with incredible views of the skyline, 24-hour state-of-the-art fitness club, indoor and outdoor yoga and Pilates studios, a resort-style pool with sundeck, outdoor grilling stations, a Zen garden with fire pit, study lounges, billiards and gaming lounges and a pet walk.

Flaherty & Collins Vice President of Development, Jim Crossin noted that Axis is already experiencing great interest. “Pre-leasing is going quickly,” he said. Crossin noted that prospective residents will find apartment features that include granite countertops, Roman soaking tubs, wood-style flooring, stainless steel appliances, 9-foot ceilings and ceramic tile floors.

Whole Foods Market to anchor Market Square Mixed-Use Development

May 7, 2014

Flaherty & Collins Properties announced Tuesday that a 40,000 square foot Whole Foods Market will anchor the forthcoming Market Square Mixed-Use Development.

“This will be one of the finest mixed-use towers in the Midwest, if not the country,” says David Flaherty, CEO of Flaherty & Collins Properties. “With the tremendous value Whole Foods Market will add to future residents and to downtown, this is truly a great win for the city of Indianapolis.”

Flaherty & Collins was selected by the City of Indianapolis to redevelop the north parcel of the former Market Square Arena site last July. The 28-story residential luxury apartment tower will feature 300 luxury apartment units, ranging from studios to two-bedrooms. In addition to Whole Foods Market, the project will have 2,500 square feet of retail space and a 525-space parking garage. The apartments will feature floor to ceiling glass, balconies, wood flooring, stainless steel appliances and granite counter tops. Residential amenities will include a resort style pool and deck, state of the art fitness and amenity spaces.

“Great, convenient shopping is a must-have for thousands of people moving to downtown Indy,” said Mayor Greg Ballard. “The addition of Whole Foods Market to the MSA residential tower project provides another great shopping destination for people living and working downtown, and is another reason why so many people are choosing to Live Indy.”

Whole Foods, which will be located on the southwest corner of the site, has stores in mixed-use developments in larger cities throughout the nation, including Boston, Chicago, Washington DC and New York City. Now, Indianapolis can be added to that list. Whole Foods Market stories feature fresh selections of natural foods, free of artificial flavors, sweeteners and preservatives. Stores offer shoppers high quality, fresh foods in an inviting setting. Each store is unique and designed to meet the needs of the neighborhoods they serve.

This new location will offer downtown residents and workers alike, fresh, organic fruits and vegetables, specialty items, high-quality meats and poultry, everyday pantry staples and sustainable seafood –appealing to the health conscious as well as devoted food enthusiasts. From the scratch bakery, shoppers will have a vast array of delicious breads and pastries, made fresh daily, to choose from. The coffee bar will give the needed java jolt for busy shoppers. For kids of all ages, the gelato station will have the creamy, Italian treat by the scoop or by the pint. Downtown residents and workers will delight in the extensive prepared food options for lunch as well as the quick-and-savory meals for dinner.

In March, the Indianapolis City-County Council voted to move forward with the $81 million project that will change the skyline of the city. Jim Crossin, Vice President of Development at Flaherty & Collins, said that construction will begin this fall and will take just over two years to complete.

“We are looking forward to starting the project,” said Crossin. “We believe it will take downtown living to a new level, which is befitting the growth, activity and enthusiasm happening around the city of Indianapolis. What a great time it is to be in and around downtown.”

“With this new centrally located store in Indiana’s capital, Whole Foods Market will increase access to healthy and organic options to downtown residents and workers,” says Michael Bashaw, Whole Foods Market Midwest Regional President. “Located just down the street of the historic Soldiers’ and Sailors’ Monument, this new store will allow us to share our passion for food with the vibrant community in and around the Market East district.”

Flaherty & Collins Properties are completing three new mixed-use developments in 2014. Axis, located in downtown Indianapolis, will open this summer and features over 300 luxury apartments and more than 25,000 square feet of exterior amenity space. The Heights Linden Square in Gladstone, Missouri, just outside of Kansas City, will open later this summer, while The Depot at Nickel Plate in Fishers, Indiana will be completed this fall.