General Electric

The developer and architect of the planned General Electric Global Operations Center showed preliminary drawings to Cincinnati's Urban Design Review Board, and board members were not impressed.

The five board members said they didn’t believe the architectural drawings of the 10-story building to be constructed on The Banks were distinctive enough; and that the building was too plain.

But, in the end, there is nothing the Urban Design Review Board can do about it.

Provided, The Banks

Update 7/9/14 at 9:20am:  The concrete pours were delayed overnight.  Now rescheduled to begin (weather permitting) Thursday, July 10th at 1:00 a.m. and wrap-up by mid-morning.  Scheduled to be complete by Reds game start on Thursday 12:35 p.m.

Construction work on the next phase of The Banks project will shut down a section of Race Street early Wednesday morning.  The road will be closed between Freedom Way and Second Street from 2 a.m. until 10 a.m. Wednesday.  

Howard Wilkinson / WVXU

General Electric, a week after it announced it would build its Global Operation Center at The Banks, held a celebration today in their temporary headquarters with Gov. John Kasich and a host of elected officials and community leaders who had a hand in bringing the center to Cincinnati.

Cincinnati City Council and the Hamilton County commissioners approved packages of tax incentives to nail down the deal. Kasich’s private, non-profit development firm, JobsOhio worked for months with GE officials to convince them to bring the operations center here.

GE

Cincinnati Mayor John Cranley will not confirm media reports General Electric plans to locate its U.S. Global Operations Center and 1,400 new jobs at The Banks development.  

Cranley was asked about the issue Thursday during a press conference on another topic.  Cranley said reporters should write stories once GE makes its official announcement.

GE

The Ohio Tax Credit Authority has approved an 85 percent, 15-year Job Creation Tax Credit for General Electric to locate a new regional headquarters in Southwest Ohio.

Two other local companies are also receiving tax incentives.

Here's the breakdown: