Cincinnati Seeks To Plug Hole In Riverfront

29 July 2004 - 5:00am

Fifteen acres of prime real estate sits in limbo as the city scrambles to find developers.

Located between two new stadiums and a new museum, the Banks could become some of the most attractive properties in the area if Cincinnati's officials could raise enough money, or attract a cash-rich developer, to build eight parking garages that would anchor the plan. More than just a convenience, the parking structures would raise the site out of the Ohio flood plain. While the city planned to use a half-cent sales tax to fund the project, revenue shortfalls have stranded the Banks once again.

Source: The Cincinnati Enquirer, July 28, 2004
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However, the political reality since the Ronald Reagan/Margaret Thatcher years has promoted the individual pursuit of happiness while systematically clamping down on planning—even if it means that one’s single-minded pursuit of happiness might contribute to unhappiness for themselves and others around.