Last week Downtown Cincinnati Incorporated released their 2009 State of Downtown Report highlighting the progress that has been made in revitalizing our urban core. The below map shows the development projects occurring in the urban core–the vast majority of them within two to three blocks from the Cincinnati Streetcar.
Since the Cincinnati Streetcar was first proposed in 2007, $264.8 million of projects have been completed in the center city, $1,32 billion of construction is underway and an additional $909.9 million of development is planned. 827 residential units have been built near the line and an additional 425 units are under construction.
In addition connecting the current development that is occurring in the center city, the streetcar will help create new development by reducing parking ratios and making development north of Liberty Street easier by connecting the neighbhorhood to our region’s two largest employment centers.
More development in the urban core means more residents and activity in Cincinnati, generating more tax dollars than can be spent in all of the City’s 52 neighborhoods. Support revitalizing our City–Build the Streetcar.