Cincinnati Business Courier: Downtown’s 312 Elm opens new amenity spaces worth $2 million

One of downtown Cincinnati’s largest office buildings has opened a major $2 million amenity space within the building.
The office tower at 312 Elm St.’s sky lounge and outdoor roof deck are now open on the building’s 14th floor. The space can now be used by tenants at 312 Elm and 312 Plum, both owned by Rubenstein Partners.
“312 Elm St. is a premier office asset in Cincinnati and our investment in the new Sky Lounge and roof deck is creating a unique experience for building tenants and visitors,” Brian Simel, vice president of asset management at Rubenstein Partners, said in a news release.
“This one-of-a-kind amenity takes full advantage of the building’s exceptional location and panoramic views, while providing an additional space for tenants to collaborate and host events.”

The sky lounge includes a tenant lounge area, kitchenette, training room and alternative workspace. The lounge can also be reserved by tenants in Rubenstein’s two buildings and can be used for events.

The roof deck, along with the lounge, offer views of downtown Cincinnati, including views of Paycor Stadium, the Banks and Great American Ball Park. The roof deck also has an outdoor bar.

CBRE is handling the leasing for 312 Elm. Hannah Staubach, CBRE associate, said in a release 312 Elm is the first large office tower downtown to add an outdoor roof deck as an amenity for all building tenants. It’s already paid off for the building, she said, with CBRE about to finalize a new 12,350-square-foot lease. The sky lounge was a driving factor behind the deal.

“The feedback from prospective and existing tenants has been nothing but positive,” Staubach said in a release.

The opening of the sky lounge and outdoor deck round off Rubenstein’s latest phase of upgrades to both 312 Elm and 312 Plum. Across both buildings, millions of dollars were spent upgrading the lobbies, hallways and some conference rooms. At the time, the sky lounge and roof deck were expected to be an about $2 million project.

312 Elm is downtown Cincinnati’s 15th-largest office building, according to Business Courier research, with over 378,000 square feet of space.