economic development

Economic development
1:54 pm
Tue October 8, 2013

Cincinnati Council to vote on Pure Romance deal

Cincinnati is offering Pure Romance more than $850,000 in tax credits to move its company headquarters from Loveland to Downtown.  

City Council will vote on the deal Wednesday.

In return the city will get nearly $3.4 million in payroll taxes during the 10 year deal.  Pure Romance will bring 88 jobs to the old Delta building at the corner of Plum and Seventh Streets.  That number will likely increase to 126 employees in about three years.

Interim Economic Development Director Jeff McElravy presented the details Tuesday to a Council committee.

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Economic development
12:51 pm
Wed June 26, 2013

Cincinnati losing Econ Devp director

Cincinnati's economic development director is leaving for a job in Detroit.  

Odis Jones' last day will be July 12th.   He’s accepted a position with the Detroit Public Lighting Authority.

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Downtown development
4:52 pm
Mon June 10, 2013

Cincinnati Council to vote on financing for 4th & Race project

Cincinnati Council could vote this week on an alternate financing plan to redevelop the old Pogue’s garage at the corner of Fourth and Race downtown.

Developer David Flaherty, who’s company is planning the project, told city council’s budget and finance committee it would do several things.

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Economic development
4:07 pm
Mon February 4, 2013

Council to vote on tax breaks for neighborhood projects

Correction:  Walnut Street and East 15th Street are in Over-the-Rhine not Walnut Hills as original story indicated.

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Economic development
4:07 pm
Mon February 4, 2013

Council to vote on tax breaks for neighborhood projects

Cincinnati Council will vote Wednesday on plans to provide tax breaks for neighborhood projects in Walnut Hills and Linwood.  

The Walnut Hills project calls for adding 24 market rate rental units and two commercial spaces in buildings located on Walnut Street and East 15th Street.  

The developer said right now the structures are uninhabitable.  The total construction cost for this project is about $432,000.

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