Excellent news: $5 million facelift for former Fidelity Bldg.

Today’s Enquirer announced that Ashley Commercial Group, based in Edgewood, Ky., “plans to begin work this fall on a redevelopment project expected to deliver 32,000 square feet of office and retail space at Sherman Avenue and Montgomery Road.” The final product of 32,000 square feet of office and retail space at the corner of Sherman Ave. and Montgomery Rd. will include replacing an attached seven-story building on Sherman with a 12,000-square-foot office building. This news certainly takes some of the sting out of last week’s announcements about U.S. Playing Card moving to Boone County and Siemans potentially cutting back at their newly refurbished Norwood plant.

This past February, the Cincinnati Business Courier published this article about Ashley Commerical Group.