Wednesday, July 30, 2008

Cincinnati wants to lease new Vine Street lot

Cincinnati City Council is considering an ordinance allowing them to lease a new Vine Street parking lot to the Central Vine Street Business Association (CVSBA), who would operate and maintain it.

The 18-space parking lot, which is currently under construction on the vacant Empire Theater site at 1521 Vine Street in Over-the-Rhine, is expected to be completed in September.

As proposed, CVSBA would lease the lot for $1 per year for a period of three years, with a mutual option for two additional three-year terms.

The Crossroad Health Center already has committed to renting 9 of the spaces for employees of the center.

The "green" lot will utlilize a pourous paver system instead of traditional asphalt.