wjh

This turning into a parking lot for a decade would be on brand.

I was hopeful when I read the headline, but in the article it says this will allow them to "Start to put capital together" - my pessimistic side says this will sit empty for a few more years then get sold via auction.

Yes Mullaney's...thanks! That is good to hear, hopefully Towne can build off the success of their development down the street at Montgomery/Lester.

That triangle of land in PR with the MedMart and UDF is a massive opportunity. It is a huge piece of underutilized land, assembling the majority of it under single ownership to actually do something with it is easier said than done. I could see the MedMart piece selling, but I imagine that UDF does pretty well and they may just want to build one of the "new" stores on that land, which would be disappointing.

Why would foot traffic drop with more 24/7 folks being present? Holes can be poked in anything playing the what if game.

Nope, Hyde Park has looked exactly like this forever. It was a Native American town square pre-colonies. Being born into money and never being told no is a hell of a drug.

I commented on an Enquirer IG post about this issue saying that this will help many of the HP businesses with more daily foot traffic and I was attacked personally about my character and that I don't "care about anyone except developers". These people are doing themselves no favors lashing out with hyperbolic statements and reacting to everything from an emotional lens. It is wild how educated adults can act like toddlers when they do not get what they want.

Also - if the referendum for TQL Stadium failed I highly doubt this would succeed as it is much more localized to a specific neighborhood, where you can make the argument that TQL was more of a city-wide debate. I can also see a lot of people having no idea what this even is when they go to vote. Asking "why am I voting on a hotel and apartment project in Hyde Park?"

Mandating X% of units to be unprofitable seems like a good way to grind development to a halt. The article mentions some cities have these but they are places like Seattle, LA, NY, Boston etc... Cincinnati is not those places.

Yes, that was my other takeaway, do these folks know that people outside of HP also get to vote? And like 99% of these people either do not care about this issue or think building new stuff is probably a good thing. Some of that attitude likely stems from a general attitude of always having personal wealth and very rarely being told no or not getting what they want in life in general. So when they get pushback it is an unusual experience for them.

^^^ Things you say when you only debate with an echo chamber.

The people losing their minds over this are pretty disconnected with how reality works. I have seen comments on enquirer or biz courier articles claiming that businesses (outside of the boundary of this development) are wanting to preemptively leave Hyde Park because of this proposal.

Unless the Brown family is willing to give up a portion of their equity in the Bengals they will not be leaving the Cincinnati market. The relocation fee for the Rams (STL -> LA) was something like $700M. Moving forward it will be in the ballpark of $1B, which they simply cannot afford without additional investors. The Brown family does not seem like the type to welcome new owners from Wall Street telling them what to do with 'their' team.

Agreed that it will likely be a parking lot for a few years unfortunately. There are parking lots along Liberty at Elm, Race, Walnut, Main and now likely Vine. Getting these parcels developed needs to happen in-conjunction with the whole 'OTR North' plan.

Holy moly. Why does it not have windows?