Factory 52
Transforming a former U.S. Playing Card factory into a $100 million redevelopment “city within a city”
The Client
As the premier owner and manager of over 6,200 residential properties in Ohio and Kentucky, PLK Communities specializes in the acquisition, development, and management of high quality apartment communities.
The Results
Today, Factory 52 continues to welcome new tenants to a “city within a city” where they can live, drink, eat, play, shop, and work out. In addition to offering a variety of apartments, Factory 52 is home to an entire entertainment district that includes pickle ball courts, retailers, breweries, a dog park, a food hall, and much more.
The Challenge
Reimagining a 20.6 acre site and transforming a factory built in 1900 into a brand-new lifestyle destination in Cincinnati presented no shortage of challenges. Whether if it was acquiring building permit approvals or working with state agencies to sign off on liquor permits for restaurant tenants, PLK Communities faced a variety of hurdles in navigating the complexity of government relations.
The Solution
DSD’s relationships and insights in state and local government provided PLK Communities with an effective path forward by guiding them through regulatory processes and connecting them with opportunities to help meet their development goals. DSD also helped foster positive relationships with local elected officials to better understand the history and vibrancy of Factory 52.