Proposed Use of TIF funds for MadTree Public Parking Lot Improvements in Oakley
Background
MadTree has operated its brewing house at 3301 Madison Road in the Oakley neighborhood since its founding in 2013.
Proposed Project
MadTree received $1.25 M from the Oakley Tax Increment Financing (TIF) to acquire and construct a public parking lot on a portion of its site to serve its facility/customers, adjacent businesses and their customers, and the general public. In 2023, MadTree received a State Brownfield and Remediation Grant through the Ohio Department of Development for $150,000 for the demolition of its on-site coal broiler. The demolition work is complete, and MadTree is now requesting $145,000 of Oakley TIF funds to make improvements to the public parking lot to address the site changes that have occurred as a result of demolition. The Department of Community & Economic Development (DCED) intends to offer $145,000 grant from the Oakley TIF District to support the parking lot improvements. There is an estimated $4,684,101 balance in the fund and it is able to comfortably absorb the funding request. This TIF request is contingent on the approval of Cincinnati City Council.
Location of Proposed Project
3301 Madison Road in the Oakley Neighborhood Business District
Past Public Meetings
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Virtual Community Engagement Meeting
Monday, June 23rd, 2025
Related Materials
Contact
For questions related to the public engagement meeting, please contact:
Eunique Avery, Community Engagement Specialist
Eunique.Avery@Cincinnati-oh.gov | 513-713-8982