Ohio University to spend $220 million to create housing, mixed-use spaces at The Ridges

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Ohio University to spend $220 million to create housing, mixed-use spaces at The Ridges
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After years of debate and discussion about the nearly 150-year-old former mental hospital, Ohio University has a new plan to reimagine The Ridges.

for the complex could, if fully implemented, bring substantial investment to the university and Athens.

More than 700 units of new housing units are included in this proposal, including age-restricted housing for seniors, live-work units for resident artists, affordable housing for graduate students and market-rate units., Joe Recchie of Community Development Partners said that the project defines “affordable” housing as people spending 30% of their income on rent and utilities if they are making 60% or less of the area median income.

The plan will eventually transfer The Ridges to New Community Authority, a public-private partnership created by the state to undertake massive development projects. Ohio University, the city of Athens and the development partners would initially control the authority, and would eventually have an elected board of citizen representatives.

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