Say “Goodbye” to the newest downtown condos and say “Hello” to the newest downtown hotel. Today’s meeting with John Deatrick brought a welcome bit of news to my day.
Assuming Cincinnati keeps pace with the national economy, another condo building could have started The Banks off with a potential black eye. The deteriorating housing market could have left the newest condo building in Cincinnati vacant and a source of ire instead of a source of pride.
I welcome this move with open arms. A hotel was in the initial plans for The Banks and there may still be another hotel.
My initial concern was that this was could eliminate a significant amount of the residential units in The Banks. I was re-assured to read this article in the Enquirer and learn that this would cut only 60 condo units. The hotel could only reduce residential units 15% from roughly 400 apartments and condos to about 360.
I’m glad to see The Banks Project is a work in progress and the initial plan is open to re-interpretation as it develops.
