It's happening on the river!
Rising out of the flood plain of the Ohio River between Cincinnati’s two major league sports stadia, The Banks will be Greater Cincinnati’s largest single, mixed-use development and the premier shopping, dining, residential and office destination on the banks of the Ohio River.
The commitment by the City of Cincinnati and Hamilton County to the revitalization of the riverfront district began with the approval of the Cincinnati Central Riverfront Master Plan in 1997. With the Master Development Agreement for The Banks signed in November 2007, The Banks site broke ground in April 2008, with substantial construction underway by year’s end.
The plan included several large-scale projects on the riverfront, which helped define and make way for the current development including improvements to Fort Washington Way, construction of the Transit Center, the completion of Great American Ball Park and Paul Brown Stadium, and the construction of the National Underground Railroad Freedom Center.
By leveraging local, county, regional, state and federal resources for the public infrastructure development phases of The Banks, the Public Partnership will lay the foundation for the private developer to construct the residential, office, hotel and retail components. The “underbuild” (as it has come to be known) creates the platform for the private development and the Cincinnati Riverfront Park. The platform includes the integrated Central Riverfront Intermodal Transit Center, foundations for decking over Fort Washington Way, utility infrastructure and traffic control (see map for details).
This first-of-its-kind project in Cincinnati will benefit the entire Greater Cincinnati 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 more than $600 million in private investment to the Cincinnati riverfront, provide a place to live for more than 3,000 residents and create needed jobs during construction.
