Wednesday, April 8, 2009

Corryville streetscape financing considered

Cincinnati City Council is considering an ordinance that would create a new capital improvement program project account for two streetscape projects in Corryville.

The ordinance would transfer $100,000 of unappropriated tax increment financing (TIF) funding to help plan, design, and build streetscape improvements along the 2600 through 3000 blocks of Short Vine and the 2900 block of Highland Avenue.

The streetscape is seen as key to jumpstarting redevelopment efforts, including a proposed cinema and retail complex along Short Vine and a new office building proposed for Highland Avenue and Donahue Street.

Corryville Community Council supported the projects by an 11-0 vote in February.