First new apartment complex in a long time coming to Peters Township

Waterdam Galley Multifamily Development
Waterdam Galley Multifamily Development Photo credit Al. Neyer

The first new apartment project in Peters Township in a long time will be built on 12-acres near Waterdam and Galley Roads.

Cincinnati-based Al. Neyer closed on the land and financing last week.

The company expects to begin work on the property soon.

Neyer has approval to build a three-story, 180-unit project on a 15-month construction schedule.

It’s a 12-acre site covering 188,100 square feet and comprised of five buildings.

A clubhouse along with indoor and outdoor amenities will also be included.

The project is expected to be completed in the middle of 2025.

Featured Image Photo Credit: Al. Neyer