COhatch Revitalizing Historic Cincinnati-area Building with Support of JobsOhio Grant
Published: Wed Nov 08 2023
The historic Second National Bank building in Hamilton, a suburb 20 miles north of Cincinnati, will soon be renovated. The old building will be repurposed into much-needed coworking space to support the city’s increasing volume of work-from-home employees.
COhatch, the rapidly growing shared work and social space company, is the anchor tenant and lead developer. The project is part of JobsOhio’s Vibrant Community Program, which was established to assist small and medium-sized communities in implementing development projects that fulfill a market need and represent a significant reinvestment in the area.
“Ohio’s historic downtowns are at the heart of our local communities, and rejuvenating them contributes to our state’s economic success,” said Ohio Governor Mike DeWine. “Restoring the historic Second National Bank building and creating new space for the citizens of Hamilton to work and connect will infuse job growth and support future development.”
The 26,000-square-foot building’s updates will include coworking seats, private offices, meeting rooms, and an event space. COhatch is also exploring options with local partners for food and beverage operations.
“COhatch is an Ohio-based company with a plan to create a unique and vibrant space to attract entrepreneurs and professionals to downtown Hamilton,” said President and CEO of Jobs Ohio, J.P. Nauseef. “Along with REDI Cincinnati, we look forward to partnering with COhatch in refurbishing the historic Second National Bank with a JobsOhio’s Vibrant Community grant that will help transform and revitalize the city of Hamilton’s Main Street.”
COhatch has already been establishing a charitable presence in the community by providing scholarships for free or highly discounted access to 50 nonprofits, 22 startups, and ten civic leaders in the greater Cincinnati area and seeks to support even more Cincinnati Metropolitan area organizations through the addition of these new locations.
“COhatch investing in downtown Hamilton is another indication we are transforming our city into a vibrant work-live hub,” said Joshua Smith, City of Hamilton city manager. “Their shared work and social space will be an amenity that will attract more business and residents to our community, and we are thankful they chose us as their next expansion.”
The new Hamilton site and another recently announced project in the region just south of the Ohio River in Covington, KY, will bring COhatch’s total number of locations open or under development to 41. The company aims to have 500 locations in 50 communities across the U.S. by 2032, with as many as 20 in the greater Cincinnati area.
“Cincinnati’s been a really great community for us,” said Matt Davis, co-founder and CEO of COhatch. “We’re excited to continue to see COhatch members, local nonprofits, and startups use our Cincinnati-area locations to grow and thrive in these new spaces.”
Construction for Hamilton will begin later this year and will open in late 2024.