Home 2.0 Blog Archive

Tuesday, May 16, 2017

TEARDOWN TIPPING POINT

Oakley Neighborhood Demolition Trend

Cincinnati's Oakley neighborhood, much like Hyde Park, Madeira and Montgomery in recent years, appears to have reached a tipping point where the 'highest and best use' for many of the area's original homes is to demolish them and rebuild new. In fact, within just a few blocks of the Oakley Home 2.0 at 3874 Isabella, there are at least three such teardown projects underway (with locations shown in the satellite image below). Considering Oakley's relatively weak housing stock in comparison to the area's other highly desirable neighborhoods, this is likely just the start of a wave of demos and rebuilds to come. Now whether that is a good or bad thing I think depends largely on what gets built, and like to think the Oakley Home 2.0 project will set a good precedent for the rest of the neighborhood to follow.