CINCINNATI (Cincinnati Business Courier) – The historic Alms & Doepke building in Over-the-Rhine on the edge of downtown won $5 million in state historic tax credits, a key part of financing its eventual $64 million conversion from former county office to 149 apartments, plus first-floor commercial space.
Stough Development Corp. CEO Scott Stough thanked the state for the award, which was in the amount requested.
“Receiving Ohio Historic Tax Credits is a tremendous milestone for our team and another important step toward bringing the Alms & Doepke building back to life,” Stough told the Business Courier. “This project is about much more than restoring a beautiful building. It’s about creating new opportunities for housing, business and community while honoring the legacy of one of Cincinnati’s most iconic structures.”…