Cincinnati’s Oakley neighborhood to host Swensons Drive-In Restaurant

A developer plans to build a 1,600 square foot Swensons Drive-In restaurant on Madison Road in Oakley, along with another building for retail tenants.

Oakley Crossings Holdings LLC is asking the City of Cincinnati for an eight-year tax abatement for property it owns at 3628-3646 Madison Road to facilitate redevelopment of the 2.7-acre site, according to documents submitted to the budget committee. and city finances.

The developer would demolish an existing building to build the new Swensons at a cost of approximately $5 million.

View of a commercial project at the corner of Madison Road and Kennedy Avenue in Oakley.  The project spans 1.5 acres and is expected to include a Swensons Drive-In restaurant.

Akron-based Swensons recently announced plans to open in Clermont County and has expanded into other Ohio markets in recent years, including Cleveland and Columbus. The famous burger chain recently opened a store on Ohio Pike in Union Township.

Oakley Crossings also plans to construct another building on the site that would house three to five additional restaurants, a cafe and other retail tenants, bringing the total cost of the project to approximately $9 million.

The planned development would join a slew of new projects coming online at Oakley, including the redevelopment of the former Kenner Toys site, which is being converted into a massive mixed-use development.

The new Swensons project would create 255 full-time jobs with a total annual payroll of around $6.2 million, according to the developer.

The project is also expected to create 80 construction jobs with an estimated payroll of $2.5 million.

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