Kim Oans real estate company, Landscape and Urban Design, is planning to develop a large condominium project in MyPuoc.
The developer plans to construct a 1,300-square-foot building on the east side of the site.
The project, called “The World’s First Condominium,” will include residential units, office space, retail and restaurants, the company said in a statement.
The condominium will have a market rate for the project of $1,000 per square foot, the statement said.
The property will be located at a location where there is an estimated 1,800 to 1,900 residents, it added.
A press release on Landscape’s website said the project will be constructed in collaboration with developer Nantan Capital Group.
Landscape is also working with the U.S. Department of Housing and Urban Development and the Greater Cincinnati Development Authority to create incentives for developers to build mixed-income housing, the release said.