Growth-Minded Bisbe Capital is Newest Commercial Business at One Highland

Greiwe Development, one of the region’s leading developers of luxury lifestyle communities, announced that Bisbe Capital has signed a contract to move its operation to a 2,266 SF location at One Highland, the new mixed-use development under construction in Fort Thomas, Kentucky.

Bisbe Capital, a Raymond James Financial Services affiliate currently located at 111 N. Fort Thomas Ave., has been a presence in downtown Fort Thomas for 17 years and in business for more than two decades. When owner and President Mike Bisbe recognized the need for a larger space, staying in the Fort Thomas city center was his priority because of the proximity of amenities and convenient accessibility for his clients.

“We were welcomed into the Fort Thomas community with open arms 17 years ago. Now I want to show my neighbors and clients that I’m committed and dedicated to them for years to come by investing in One Highland,” said Bisbe. “As the needs of Bisbe Capital grow, I’m encouraged that we have a permanent, well-appointed space at One Highland where we can do just that while better serving our clients.”

With a completion date of Spring 2022 for One Highland, Greiwe Development is curating a unique mix of businesses to complement the condominium owners above and serve the Fort Thomas community outside its front doors. Fort Thomas Coffee was the first tenant announced in August 2020. Businesses interested in One Highland’s commercial space can contact Michelle Klingenberg at JLL by phone 513-719-3703 or email Michelle.Klingenberg@am.jll.com.

For prospective homeowners, the Residences at One Highland will begin hosting Open Houses on Sunday, May 16, 2021 from 1-3pm at Schone Design Studio and continuing every Sunday until its Grand Opening scheduled for Spring 2022. Pre-sales for its 18 luxury residences are already available.

About One Highland

One Highland, located at the corner of Fort Thomas and Highland avenues, is the new mixed-use luxury condominium development in Fort Thomas, Kentucky. When complete, it will feature 12,985 square feet of street-level retail/office space and 18 single-level condominiums, providing residents luxury, modern living in the center of Fort Thomas. One Highland is a partnership of Greiwe Development, North American Properties and Sibcy Cline. For more information, visit www.fortthomaslifestyle.com.

About Bisbe Capital

Located in the heart of Fort Thomas at 111 N. Fort Thomas Avenue, Bisbe Capital is a Raymond James Financial Services affiliate. Through a disciplined process and investment choices based on client goals, time frame and risk tolerance, Bisbe Capital can help not only reduce the many questions that can come with investing, but also help identify opportunities as well – all in an effort to help make each client’s life easier. For more information, call 844-607-7332 or visit bisbecapital.com.

About Greiwe Development

Greiwe Development, one of the region’s leading developers of lifestyle communities, builds exclusively in premier locations with high-quality architecture and interior finishes. Greiwe specializes in developing residences in walkable neighborhoods with an engaging mix of dining, retail and recreational amenities.

The Residences at One Highland is on track to celebrate its Grand Opening in April 2022. The building will start to take shape in Summer/Fall of 2021 when the windows, brick and stone are installed.

As of January 2021, the 40-space underground parking garage is complete, the first-floor commercial space will be done by the end of February, and the framing of the second and third levels will be complete by June.

Fort Thomas Coffee to Purchase 3,600 SF Corner Location

Greiwe Development, one of the region’s leading developers of lifestyle communities, announced that Fort Thomas Coffee purchased the 3,600 SF corner location at One Highland, the new mixed-use luxury condominium development under construction in Fort Thomas, Kentucky.

Fort Thomas Coffee, currently located at 118 N. Fort Thomas Ave, has been a presence in downtown Fort Thomas since 2012. New owners Justin and Christine Smalley are not only business owners, but residents who love Fort Thomas and embrace the idea of an active gathering space with modern amenities in the heart of downtown. Their new location will expand their offerings to include a bakery, wine bar and a flexible workspace. The corner space Fort Thomas Coffee will occupy will feature a tower, reminiscent of the stone tower at the entrance of Tower Park, which Christine’s maternal ancestor Henry Schriver built.

With a completion date of Spring 2022 for One Highland, Greiwe Development is curating a unique mix of businesses to complement the condo owners above and serve the Fort Thomas community. While the sale of the Fort Thomas Coffee commercial suite is the first to be announced, a second suite has already sold, which Greiwe will unveil in the coming weeks along with additional development announcements. Residences at One Highland will commence sales in mid-September.

About One Highland

One Highland, located at the corner of Fort Thomas and Highland avenues, is the new mixed-use luxury condominium development in Fort Thomas, Kentucky. When complete, it will feature 12,985 square feet of street-level retail/office space in Phase I and 18 single-level condominiums, providing residents luxury, modern living — complete with in-building commercial space — in the center of Fort Thomas. One Highland is a partnership of Greiwe Development, North American Properties and Sibcy Cline.

About Fort Thomas Coffee

Located in the heart of Fort Thomas at 118 N. Fort Thomas Avenue, Fort Thomas Coffee was recently purchased and is currently operated by Justin and Christine Smalley. Much more than just a coffee shop, Fort Thomas Coffee embraces community offering food and beverage to suit the varying needs of the day. Born and raised in Fort Thomas, Christine’s maternal ancestor Henry Schriver was instrumental in building the “tower” in Tower Park. For more information, call (859) 999-8080, or visit http://fortthomascoffee.com/.

About Greiwe Development

Greiwe Development, one of the region’s leading developers of lifestyle communities, builds exclusively in premier locations with high-quality architecture and interior finishes. Greiwe specializes in developing residences in walkable neighborhoods with an engaging mix of dining, retail and recreational amenities.

FORT THOMAS, KY – Greiwe Development, one of the region’s leading developers of lifestyle communities, will break ground on One Highland, a new mixed-use luxury condominium and commercial/retail development in Fort Thomas, Kentucky. Firm principal Rick Greiwe will join partners Tom Williams of North American Properties, Rob Sibcy of Sibcy Cline, and civic leaders for the official groundbreaking ceremony at 10 a.m. on Tuesday, February 4, 2020.

Fort Thomas is a new market for the partners, who have collaborated on a succession of high-end condominium projects throughout Cincinnati — most recently Hampstead Park in Mariemont and Hyde Park’s 2770 Observatory. Together, they specialize in building high-quality residences in walkable neighborhoods with dining, shopping and entertainment amenities. One Highland will follow suit by providing future residents luxury, modern living — complete with in-building commercial space — in the center of Fort Thomas.

“From the city’s walkability to nearby amenities, proximity to downtown Cincinnati and park-like setting, Fort Thomas is the type of community that’s in demand with today’s condominium buyer,” said Greiwe. “One Highland will be in the heart of the city, and it will capture the spirit of Fort Thomas’ history, unique geography, and ‘city in a park’ sensibility. We’re excited to give the community an engaging place to live, work and gather.”

One Highland Commercial Space

The mixed-use, three-level building will enhance Fort Thomas’ downtown urban environment, providing 12,000 square feet of new opportunities for commercial functions at the corner of Highland and North Fort Thomas Avenues. It will have large storefront windows, accessible tenant spaces and outdoor areas.

The second phase of the project will introduce an additional two-level commercial building with 8,400 square feet of space. A 30-foot wide garden between the phase one and phase two buildings will add green space to the property. Modern commercial office and retail space are currently not available in the city center.

Residences at One Highland

Designed with empty-nesters, seniors and single professionals in mind, One Highland’s one-level living condominium residences will be on its second and third levels— a new-to-market housing option for the area. Residents will enjoy one-level living that includes elevator access to a private parking garage with two assigned parking spaces and storage for every unit. Each residence will offer open living and kitchen areas, designer finishes, covered outdoor balconies, and master suites with dual walk-in closets and spacious en suite baths. Large windows and 10-foot ceilings will provide natural light throughout. Third-floor spaces will have additional vaulted ceilings.

The residences, ranging from $695,000-1,200,000, will include:

• 1,700 and 1,850 square-foot two bedroom and two baths
• 2,000 square-foot two bedroom, two baths and study
• 2,250 and 2,860 square-foot two bedroom, 2.5 baths and study

As in Greiwe’s previous projects, the building’s architecture and design will echo the aesthetic of the Fort Thomas community — pulling inspiration from nearby Tower Park. Materials will include stone masonry, brick, and a masonry/glass corner feature. The roof pitches along Fort Thomas Avenue are characteristic to the city and are planned to complement nearby buildings and homes. At street-level, a covered promenade with occasional trellises will provide an urban oasis for pedestrians. The corner plaza will be an energetic place for the community to gather.

“One Highland will enhance what our city already has to offer to our residents. From new-to-market housing options and modern commercial space, the added amenities will only serve to improve our quality of life,” said Fort Thomas Vice Mayor Roger Peterman. “Making this project a reality is a great investment for our community now and for future generations.”

Ensuring adequate parking for the new project, One Highland will have resident parking below street level in a private parking garage, and public parking available on a surface lot with an estimated 40 spaces.

Project Timeline

• Groundbreaking: February 4, 2020
• Commercial Sales: February-June 2020
  • Michelle Klingenberg and Terry Ohnmeis, Cushman & Wakefield, 513-763-3023
• Condominium Sales Launch: April 2020
  • The Schuerman Group, Sibcy Cline, 513-368-9349
  • The Brosey Group, Sibcy Cline, 859-760-3277
• Grand Opening: Fall 2021

Joshua One, M+A Architects, Martin Koepke Landscape Design and Greiwe Interiors join Greiwe Development, North American Properties and Sibcy Cline as project partners for One Highland.

Renderings and interviews with project partners are available. Groundbreaking Ceremony officials include Rick Greiwe, Greiwe Development principal; Tom Williams, North American Properties president and CEO; Rob Sibcy, Sibcy Cline chairman; Fort Thomas Councilman and Vice Mayor Roger Peterman; Fort Thomas City Administrative Officer Ron Dill; and Campbell County Commissioner Tom Lampe.

About Greiwe Development

Greiwe Development builds exclusively in premier locations, with high-quality architecture and interior finishes. The company specializes in developing residences in neighborhoods with an engaging mix of dining, retail, entertainment and recreational amenities. Greiwe Development’s first development Park Place at Lytle downtown was completed in 2004. In Hyde Park, 2770 Observatory was completed in 2016. In the Village of Mariemont, Jordan Park was dedicated in 2008, followed by Emery Park (2011), Nolen Park (2014), Livingood Park (2017) and Hampstead Park (2019). To learn more about Greiwe Development’s work, visit MariemontLifestyle.com, HydeParkLifestyle.net, and FortThomasLifestyle.com

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To the Citizens of Fort Thomas,

The Fort Thomas School District, Campbell County and Fort Thomas City Council decision to support our residential mixed-use development paves the way for another great community asset. Besides the best schools and parks in Northern Kentucky, residents will boast about their attractive downtown in the coming years.

This project would not have happened without their collective leadership. Building a new mixed-use development is expensive and risky. Everyone knows about escalating construction costs, but a bigger challenge for a developer is entering an untested market. Fort Thomas is a downtown with primarily older retail and office space and lower rents. It is a city without modern condominium flats with elevators and underground parking. So, we are going to establish a new market with our project.

We are bullish on Fort Thomas but needed the partnership with the City to make the numbers work. This partnership includes Industrial Revenue Bonds that will be paid off by the new tax proceeds collected by the City on the project. It also includes the City purchase of land and construction of a public parking lot to support merchants.

Public incentives to stimulate economic development are not just happening on large projects like Ovation but smaller mixed-use projects in neighboring communities like Newport and Covington. For example, Duveneck, River Haus and John R. Green projects all received donated land or funds to create public parking along with tax incentives.

Our collective investment will result in many positive returns. For the school system, a significant increase in future revenue from real estate taxes. For the City, an opportunity to attract additional retail/office development and earnings taxes. For existing merchants, a way to generate additional traffic or expand into new commercial space. For citizens, the realization of your community plan “to create a vibrant and resilient business district.”

For our development team the outcome is not just a fair return on investment. It is about the satisfaction of building community. We look forward to working with you to create an exciting new gathering place and new residential lifestyle for Fort Thomas.

Sincerely,
Rick Greiwe
Greiwe Development

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