Cincinnati
Cincinnati Streetcar Gets $17.4M in Additional Funding
The Cincinnati Streetcar project is back on track. Last Wednesday, City Council voted to give it a $17.4 million infusion of cash, bringing the total cost of the project to $133 million, from the original $110 million.
The Party Source Expands into Newport
The Party Source, regarded by many as Greater Cincinnati’s authority for beer, wine, spirits, cigars, specialty foods, and party supplies, is expanding. Soapbox Cincinnati recently reported on the retailer’s 30,000-square-foot expansion project already underway.
Joint Venture to Open Ohio Racino in December
The state of Ohio will get a new racino by the end of the year. Miami Valley Gaming & Racing, a joint venture of Delaware North Companies Gaming & Entertainment, headquartered in Buffalo, N.Y., and Louisville, Ky.-based Churchill Downs Incorporated, will open a new harness racing and gaming facility near exit 29 off of Interstate 75, between Cincinnati and Dayton, in December.
City, 3CDC, McCormack Baron Salazar Break Ground on Phase II of $63M Mercer Commons Project
The City of Cincinnati, 3CDC, and McCormack Baron Salazar, Inc. broke ground on May 31 on the second phase of the $63 million Mercer Commons project.
Convergys Corp. Selling Downtown Cincinnati HQ
Convergys Corp. is selling its downtown Cincinnati headquarters but plans to lease space in the building once the transaction is finalized.
Mercer Garage Delivers 340 Parking Spaces to Cincinnati’s OTR
A new parking facility is now open in Cincinnati’s Over-the-Rhine neighborhood. The Cincinnati Center City Development Corporation(3CDC) opened the Mercer Garage to the public on May 9. The new addition arrives just in time as hundreds of new residential units in the area are getting ready to come online.
Miller-Valentine Group’s Summit Pointe Apartments Reopens in Lawrenceburg
The Miller-Valentine Group held a ceremony last Wednesday, May 8, to celebrate the grand re-opening of the Summit Pointe Apartments, an affordable housing community in Lawrenceburg, Indiana. Alan Rakowski, Tax Credit Manager, Indiana Housing and Community Development Authority, Tim Bete, President of St. Mary Development Corporation, Adrian Colosimo, Development Risk Manager for RBC Capital Markets were among those present at the ceremony.
Wright State Breaks Ground on $37M Neuroscience Engineering Collaboration Building
Wright State University broke ground on Thursday, April 25, on a new, state-of-the-art facility within the biomedical and engineering research hub on the Wright State campus. The Fairborn-based public research university is developing the project in partnership with Premier Health Partners, the largest health care network in Dayton.
Florence’s Village at the Mall Sold to Private Investor
The Village at the Mall, a retail center in the Cincinnati/Northern Kentucky metropolitan area, was sold to a private investor this month. The terms of the deal were not disclosed.
Balluff Breaks Ground on $6M Expansion Project in Independence, Adding 24 Jobs
Balluff Inc., the U.S. subsidiary of Balluff GmbH, based in Neuhausen, Germany, started construction last week on a $6 million expansion of its U.S. headquarters in Northern Kentucky. Governor Steve Beshear joined local and company officials in the city of Independence on Thursday, April 11, for the project’s ground breaking ceremony.