Milhaus, has partnered with leading residential real estate investment firm Parse Capital, to break ground on Slate, a contemporary apartment complex in Springdale, Ohio, near Cincinnati. The 306-unit development, featuring multifamily apartments and townhomes, will provide much-needed modern housing options in one of America’s fastest-growing Midwest metros.
“Slate Springdale marks our second project in Springdale, following the tremendous success of Array in 2023, and reflects our confidence in this thriving Cincinnati suburb,” said Spencer Lee, Development Manager at Milhaus. “With Cincinnati ranking nationally as the best place for young professionals nationwide, Slate will meet the growing demand for luxury living options in this dynamic market, catering to the area’s expanding workforce and robust business community.”
Located at 505 W. Crescentville Road, Slate Springdale will offer 216 garden-style apartments and 90 townhomes across 22 buildings. The pet-friendly development boasts an array of amenities, including a resident lounge, pool with sun deck, coffee bar, fitness center, and bark park. Each unit will feature high-end finishes such as quartz countertops and stainless steel appliances. The project also includes 496 parking spaces, with 316 surface spots and 180 garage spots, ensuring ample parking for residents and guests.
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First Financial Bank is providing financing for the project.
“First Financial is eager to support this development to help our neighbors, clients, and communities like Springdale to thrive,” said Jeff Cartwright, senior vice president and regional manager for First Financial.
Slate’s strategic location near I-275 and I-75 puts residents a short drive from downtown Cincinnati in the growing Cincinnati/Dayton Metroplex. The site is close to national retailers, including Walmart, Target, Kroger, Lowe’s, and Home Depot, and numerous restaurant options. The area connects easily with two international airports, four major interstates, and the national rail system. Residents can enjoy numerous golf courses and parks like Winton Woods and the Trillium Trails Wildflower Preserve. This prime positioning caters to the needs of Cincinnati’s growing population of young professionals, providing proximity to major employers, retailers, and restaurants.
