ucnum1

No decision has been "made" expected later this "summer"....They also want like $130 million from the state of North Carolina so it's not a slam dunk to happen....

So there is this....Charlotte or Cincinnati https://www.bizjournals.com/charlotte/news/2023/05/10/western-southern-open-tennis-river-district-beemok.html https://twitter.com/JoeBrunoWSOC9/status/1656292018727821312?t=rXjQ-yZgK_dc-CnuXC-sfw&s=19

Well good thing it is staying.There is a 80-100 mil expansion project being planned and being funded with at least $50 on it privately by the WS new owners.....

Again part of the sales bidding process for the tournament was the ATP selling to new ownership that committed to keeping the tournament in Mason.It ain't moving soon

They own the tournament rights and it says Cincinnati what's the point? I know for a fact this ownership group is INVESTING in the Lindner Tennis Center complex.The tournament isn't moving anytime soon.

It's staying in Cincinnati for the foreseeable future.It was a unofficial condition of the sale the tournament would remain until at a minimum the lease expires in 2029.The new owner is also dropping $50 million for new upgrades for next year.

Reads like state funds to contribute for facilities upgrades.That usually involves tournament owner investments too.Not kind of thing that happens for a tournament getting relocated fwiw https://www.cincinnati.com/story/sports/tennis/2023/04/25/ohio-budget-added-funding-for-mason-western-southern-open/70150754007/

I highly doubt it just due to locatation.This area is booming with UC's enrollment push towards and past 50k at the main campus.Add in the MLK district and it's recession proof.

The reasons are a few billionaires want to try and make it happen.There isn't any reason needed beyond that.Berding is just the frontman and doing the bidding of his bosses.FC ownership wants the arena at the CET site and are positioning to get the land from the city for over a year now.

I can't see Lindner and Whitman with ties to Cincinnati and near a billion or over that invested in the West End would try and put another franchise anywhere but in Cincinnati.Thier goal is too build around their assets a new arena district like in Columbus

Columbus dosent have a few billionaires wanting another pro team

So what are the chances 3C line gets done?

Lindner and Meg Whitman want to bring a 4th pro team to Cincinnati.Also I'm sure too add to their assets in the West End at over half a billion and counting invested.Hey I thinks it's a pipe dream but convince net worth of $7-9 billion gets s**t done.Could see a NHL team doing well here

FC Ownership plans on financing most if not the entire construction cost they want it as close as possible to their assets at TQL Stadium.They also want a NHL or NBA team as the main tenant.I say good luck with the last one but with billionaires always a chance

The city every day of the week the state maybe not

Like as in the failed museum plaza in Louisville? That thing was planned at 700' plus feet

This looks like a rather large development going into the Innovation District. 550k of lab space and up to 400 housing units.Ed Riguad development company. https://www.cincinnati-oh.gov/planning/planning-projects-and-studies/active-ongoing/proposed-zone-change-to-a-planned-development-in-avondale/

I think the lease passing through the city voters is less than a coin toss scenario under the best of scenarios.At worst though starting at $50 million seems to be the lease floor a year.

So basically Norfolk Southern offered the lease at 35.16 milion per year and the railroad board wanted 65 million per year with escalating yearly interest tied to the consumer index.Huge gap that would be headed to abritration if the sale at 1.62 billion falls through.Yearly revenue for the sale projects starting at 88 million with 56 million going to the city and the rest reinvested in the fund.Sale brings back the most for the city in any shape or form but at worst a lease starting at 45-50 million a year is solid for the city.

Yeah no not unless the sales tax increase used to fund both stadiums is sunsetted.And it is still paying bonds off on both stadiums so not anytime this half century

Probably that it gets built now.Buckingham has the resources to get this done on a faster timeline.If they picked up the permit they intend to build what was planned.

Hotel passed HCB board.

https://www.bizjournals.com/cincinnati/news/2022/08/22/carew-tower-sold.html Carew Tower was sold today.Same buyer as Macy's Headquarters building.

Way to popular of a area to stay a vacant lot.Development is heading to North of Liberty it can't be stopped for long.

This seems to be the funding to redo Central Parkway by TQL stadium. https://www.portman.senate.gov/newsroom/press-releases/portman-announces-20-million-raise-grant-city-cincinnati