Originally Posted by Dale
Downtown Cincy is really setting the table very nicely. All the ingredients are coming to fruition.
It's definitely an exciting time in Cincinnati. We could have a few towers going up in the city very soon, our neighborhoods are repopulating and crime is WAY down. I don't know what the current number is, but as of two weeks ago Cincy had only 6 murders for the year, which is a huge improvement. Over-the-Rhine was ranked one of the most dangerous cities in the US just a few years ago, and it was reported today that there hasn't been a murder there since September. Things are definitely looking up.
By the way, new details are starting to come out about Dunnhumby's new headquarters. 3CDC was supposed to be the main developer, but apparently several more have come forward and want to be a part of the project. Residential is supposed definitely be a part of the project.
Here is an article from today. The price stated in the article seems very low to me though.
dunnhumby incentive plan detailed
DOWNTOWN — Cincinnati City Council will decide Wednesday whether to award up to $12 million in tax incentives to help growing consumer insights firm dunnhumbyUSA build a new $36 million headquarters at Fifth and Race streets.
It’s unclear whether the $36 million price tag includes 3CDC’s portion of the project. 3CDC has said it could use a combination of its own development funds, federal new markets tax credits, tax increment financing and traditional bank financing to fund the project. It has yet to submit development plans to the city.