Cincinnati approved $4.5 million for the construction of a new Over-the-Rhine headquarters for Cintrifuse, the startup incubator.
The 39,906-square-foot headquarters will be located in renovated buildings from 1311 to 1315 Vine St., across the street from the Cincinnati City Center Development Corporation’s Mercer Commons apartment and condo project. 3CDC will own and manage the property.
Cintrifuse has been operating out of temporary space downtown. It would be joined in the new space by the Brandery and CincyTech.
“The redevelopment project will create 110 construction jobs, and the completed project is projected to have 263 permanent jobs in the first two years plus those created by the high growth start-up businesses coming through Cintrifuse, The Brandery, and CincyTech,” according to a memo from the city manager’s office to council.