Founded in 1961, Towne Properties initial goal was to lead the renaissance of Mt. Adams, a charming, old world hilltop village overlooking downtown Cincinnati. It not only wanted to create "great apartment homes but to help rebuild a great neighborhood."
Towne began by redesigning and totally renovating five buildings which became known as the St. Gregory Row. Here Towne created some of the region's most exciting rental housing; handsome facades and entryways, private gardens, two-story living rooms, wood burning fireplaces all with magnificent views of the City and River below.
The Row has since become Towne's logo and the original commitment to great design, construction and management have become the hallmark of Towne over the years. In the mid 1960's Towne took its development philosophy of creating "Great Places" to the suburbs. Led by Neil Bortz, Marvin Rosenberg and Lambert Agin, Towne developed award winning communities throughout Greater Cincinnati, Middletown, Dayton and Lexington, Kentucky, including the Villages of Wildwood in Fairfield with its championship golf course; Harper's Point, a waterscape, California contemporary residential community with attractive adjacent shopping center and racquet club; Landen, a 1,350 acre "new town" designed around a mile long, manmade lake; Indian Creek in Kenwood/Indian Hill, one of the nation's most prestigious addresses; The Falls of Landen with its mix of garden and ranch dwellings; Bishop's Gate, which includes luxury apartments, condos and cluster single family homes; and Four Bridges, a part of the new Four Bridges Country Club and championship golf course.
Partner Arn Bortz has been active in downtown Cincinnati developing the Groton Lofts, the Gramercy, the Greenwich and Shillito Lofts around Garfield Park and the 700 Walnut Office Building with Ruby's Steakhouse, the City's most popular gathering spot. With its partners, the Cincinnati Development Group, Towne has recently completed Fountain Place with Tiffany's, Brooks Brothers, Palomino's and the Lazarus Department Store, and the Gano Alley Building in the Backstage area. Lead by Partner Phil Montanus, Towne's tradition of building outstanding new apartment communities in the suburbs also continues.