Yesterday I posted about the Reds and Bengals making improvements and bringing crowds to downtown Cincinnati, but I mentioned that there needs to be more for these crowds to do than just go to the game.
Well, it seems that some progress is being made on the banks project. It is looking promising, but it seems that there still needs to be a major financial backer to step up. Please do what you can to support the banks project to give downtown Cincinnati the boost it needs to grow and prosper.
County Commissioner Todd Portune says he hopes to announce a deal with developers tomorrow for the Banks, a proposed multi-million riverfront development.
"We hope to be able to announce a deal tomorrow on the long-awaited project," Portune said this morning. "But that's still 24 hours away so let's cross our fingers."
The Atlanta-based Carter Real Estate is expected to partner with the minority-owned Harold A. Dawson Company for the project.
The team still will need to find a financial partner, but hopes to break ground by the first quarter of 2008.
The developers came into town yesterday to continue discussions. The Banks Working Group, a city-county panel charged with recommending a development deal is scheduled to meet publicly for the announcement at 9:30 a.m. tomorrow at the Underground Railroad Freedom Center. Portune also expects to announce a broad city-county policy involving minority inclusion and workforce development.
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