City-County Council approves $18.8M for Gold Building, City Market redevelopment

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The first phase of the redevelopment plan involves converting the more than 400,000-square-foot Gold Building into apartments.

which Gershman Partners purchased in 2019, began construction in 1973 and opened the following year. Gershman Partners’ purchase of the building included the tower at 251 E. Ohio St., and the parking garage, which make up the whole block.

The 11-story tower replacing the current east wing of the City Market will include 60 multifamily residential units, 28,000 square feet of retail, both pop-up and permanent, and 8,000 square feet of office and civic space.

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