In early November, Executive Vice President Philip Denning spoke at Kaiker Construction and Development’s State Avenue Lofts ribbon-cutting ceremony, celebrating a historic conversion project that added 12 affordable apartment units to Lower Price Hill.
The Landbank acquired the buildings in 2018, recognizing that restoring them would require time, resources, and the right development partners to bring them back to life.
When Kai and his team stepped forward, it was clear their vision aligned with ours: preserving the historic character of the buildings while delivering high-quality, attainable housing for the community.
The State Avenue Lofts serve as a strong example of how public intervention and strategic investment can turn vacant buildings into vibrant spaces, opening doors for housing, jobs, and long-term growth.
Congratulations to Kaiker and all the partners who helped bring this project to life!