Spearheading the efforts to save the Dennison is the Cincinnati Preservation Collective (CPC). Preservationist have argued that if the Dennison is razed, then no historic buildings in the downtown are safe. The owners of the property, Columbia Development Corp., have said that they want to build a Class-A office tower on the site to attract a Fortune 500 company. The CPC is skeptical, citing the fact that Columbia Development Corp. has bought and razed buildings claiming to have development plans only to leave the property as a surface parking lot. In one case an entire block was demolished and has sat as a parking lot for 29 years.
Columbia Development has gone through the steps to assess the feasibility of redevelopment or complete rebuilding of the site. A document filed with the Cincinnati Historic Conservation Board outlines the condition of the building as well as the cost of redevelopment. The document states that the building’s poor condition currently poses a public safety and that redevelopment would be cost prohibitive. The document also describes one of the reasons Columbia Development bought the property: “This acquisition was necessary to protect the family’s investment in this block of downtown Cincinnati,” referring to the investments made by the Columbia Development Corps. and its parent Joseph Auto Group in the nearby area. The hotel’s previous owners had planned to redevelop the building as affordable housing or transitional housing for persons with disabilities or addiction transitioning out of homelessness.
Columbia Development Corp. will present their vision for the site, and request a certificate of appropriateness to demolish the building, in a public hearing in front of the Historic Conservation Board at 4pm EDT on Monday, April 18th at the Cincinnati City Hall.