COLUMN: The key clue about how far apart Bengals, county are on a new lease (www.bizjournals.com)
The team is now using the singular iteration of the word “decade,” while the county consistently talks in terms of “decades” — a period, by definition, of 20 years or more. The current lease runs for a quarter century....
KungFood Chu's AmerAsia owners open KungBrew Cafe in Mainstrasse (www.bizjournals.com)
KungBrew Cafe, a concept from the owners of KungFood Chu’s AmerAsia, held its grand opening April 17 at 640 Main St. in Mainstrasse.
Why Hamilton County rejected the Cincinnati Bengals' $350 million lease extension proposal (www.bizjournals.com)
Aluotto told the Business Courier that the county declined that deal, in part, because it was far too much money for too short of a lease term. The county would have to take on debt that would not be repaid until well after an extended lease expired. The current lease expires in 2026, although the team has the option to extend...
UC approves $36M spend for massive student housing development (www.bizjournals.com)
The so-called “Block 1 & 2” development will sit on 2.1 acres at the northwest corner of East McMillan and Vine streets in Clifton Heights. It is the last remaining vacant land in the neighborhood’s business district and is currently owned by the Clifton Heights Community Urban Redevelopment Corporation (CHCURC)....
Hotel developer has new plans for former downtown Cincinnati Chong building (www.bizjournals.com)
Feel like I’d rather have permanent residents in apartments there but a hotel also works (close to convention center, we are still short on hotel rooms, etc.)....
Southwest Airlines announces CVG service expansion, new Nashville flight (www.bizjournals.com)
Southwest will now offer service five times a week from CVG to Nashville. CVG has not had nonstop service to growing Nashville since Delta cut its flights in 2018....
Ackermann Group, Madisonville Community Council feud over developments new and old (www.bizjournals.com)
Madamore’s residential units are nearly fully leased, but much of the commercial space remains vacant, and the development lacks structured parking, meaning it can only offer residents one parking space per unit, even two-bedroom units, in attached surface lots. Residents without spaces must park on streets or in nearby...
Self-pour wine bar, Something to Wine About, to open in $118 million Fourth and Race development downtown (www.bizjournals.com)
He’s hoping to open Something to Wine About by the fourth quarter. The concept joins Love Night Club, Paris Baguette and Bb.q Chicken at the mixed-use development....
Cincinnati Futures Commission recommends tax hike, water system spinoff to fix city finances, spur growth (www.bizjournals.com)
Model Group taps property manager for downtown Mercantile apartments (www.bizjournals.com)
The Over-the-Rhine developer announced the partnership in a social media post April 8. Village Green is a Detroit-based firm with around 50,000 apartments under management in 50 cities. Its downtown Cincinnati office is responsible for properties in Ohio, Kentucky, Tennessee, North Carolina, South Carolina and Indiana.
Willow Run Custom Bourbon to open craft distillery, bar in downtown Cincinnati (www.bizjournals.com)
A historic distilling company that thrived in the region during the mid-1800s is coming back to the Queen City with a few modern upgrades....
Reds Opening Day streams OTA on WLWT channel 5 this year (www.bizjournals.com)
Channel 5 as well as its WLWT.com, WLWT mobile app and the Very Local app will provide not just the game but a full day of Opening Day coverage. That will include live morning broadcasts from Great American Ball Park on WLWT News 5 Today. At noon, Channel 5 will carry uninterrupted coverage of the 104th Findlay Market Opening...
University Club quickly finds buyer for shuttered downtown Milwaukee building (www.bizjournals.com)
From the Article:...
Hamilton County Auditor Brigid Kelly to resign (www.bizjournals.com)
Kelly, elected in March 2023 – succeeding longtime office holder Dusty Rhodes – has been grappling with serious health issues, she said in a March 21 news release. She plans to step down from her position effective at 9 a.m. Wednesday, March 27....
Red Bike saved for at least the next year due to council, other private donations (www.bizjournals.com)
The city will kick in $197,000, with other partners coming up with $265,000 toward a $500,000 financial goal to keep the transportation service going. The city’s share will come from money it had planned to allocate toward Red Bike expansions. Instead that money will be used to shore up its operating side, pending City Council...
Cincinnati gets more federal money for Central Parkway overhaul than expected (www.bizjournals.com)
An initial version of the federal appropriations bill had $3.5 million for the project. U.S. Rep. Greg Landsman, D-Mount Washington, had requested funding through Congress’ community project appropriations and ended up getting $4.1 million in appropriations bills signed by President Joe Biden.
Bridges Nepali Cuisine to close downtown restaurant, open new locations (www.bizjournals.com)
He’s moving into the former Hoity Toity Donut space at 2459 Gilbert Ave. and hopes to be open there by mid-July....
Model Group plans $36M apartment building in Walnut Hills to complete Paramount Square (www.bizjournals.com)
Really excellent added density to Walnut Hills.
New look for former Saks building in downtown Cincinnati overhaul unveiled (www.bizjournals.com)
Lot of contention about the plan though.
Cincinnati misses out on another grant for Fort Washington Way decks (www.bizjournals.com)
This is honestly crap. I wish they would just grant us the money so we could start to finally reconnect to our riverfront entirely.
Red Bike board votes to shut down the bike-share; councilman vows service will be saved (www.bizjournals.com)
Jeffreys said he will convene a dozen or potential stakeholders in an effort to figure out a funding runway for the next three years so that time can be bought to create a sustainable financial model. Those groups include Metro, the Cincinnati Regional Chamber, FC Cincinnati, the Carol Ann and Ralph V. Haile Foundation, Interact...
CIG Communities buys downtown Cincinnati office tower, plans residential conversion (www.bizjournals.com)
The 200,000-square-foot, 27-story tower was 77% vacant upon closing, according to a CIG news release, which characterized the property as “prime yet underutilized.”
North-south bus rapid transit route advances, 2026 construction start expected (www.bizjournals.com)
From the Article:...
New $16M apartment project, the Barrister, opens downtown (www.bizjournals.com)
A project that couples state historic tax credits and low-income housing tax credits is no longer possible under a major change to state law, making such conversions more difficult in the future.