From a press release issued by Carter Dawson, the master developer of the Banks:
Construction on the private overbuild will begin in December, with a grand opening of Phase 1A set for Spring 2011…
The Banks is a mixed-use development that will benefit the entire region. In addition to creating a destination where people can live, work and play, The Banks will be a catalyst for regional economic growth. It will drive an estimated $600 million in private investment to our riverfront and provide a place to live for more than 3,000 residents. Once completed, The Banks will be Cincinnati’s largest single, mixed-use development and be composed of a dynamic blend of residential, office, hotel and retail components.
The Cincinnati Streetcar will connect The Banks with the rest of Downtown Cincinnati, the Uptown Area, the University of Cincinnati, and the new casino on Broadway Commons, tying together some of the regions main attractions and creating new jobs and development along the line.