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arenn

Metropolitan Tower 224'
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Everything posted by arenn

  1. Circle Centre Mall in Indianapolis has about 12 million annual visitors. To support that type of traffic would require a vastly greater population than presently exists downtown. I'd expect the same is true of Cincinnati. Even if the population of downtown tripled, it probably wouldn't make a dent in Tower Place's problems. In Indy, the Mall benefits from being directly attached to the convention center and only conventioneers and other special events attendees are keeping it afloat. I expect reports of the same types of troubles there in the not too distant future as the mall's operator - Simon company - also owns the Fashion Mall and has elected to steer destination retailers like Tiffany's and Saks there instead of downtown. Circle Centre has a very uninspired retail mix and if the convention business suffered at all, the mall would be in trouble. With Nordstrom opening a northside store this year, I'd consider the future of that company's Circle Center store in doubt. I wouldn't be planning on new residents to bail out Tower Place or downtown retail generally any time soon. Chain restaurants like McCormick and Schmick will no doubt thrive however, just as they have in Indy and elsewhere.
  2. arenn replied to a post in a topic in City Discussion
    I'm curious, how rapidly growing is Butler County really? The Census Bureau estimates that the population went from 333,000 in 2000 to 350,000 in 2005. That's only 5% and does not put Butler in what I could consider a high growth profile. Given the magnificient interstate access there and ample undeveloped land, I would have expected higher. Is Butler County experiencing outmigration from its southern tier by any chance?