Thursday, April 9, 2009

New ordinance passed for National City data center

For the second time, Cincinnati City Council has passed unanimously an ordinance allowing the City to sell portions of two Queensgate streets to National City Bank for the construction of a new data processing center.

The new ordinance also repeals a prior ordinance passed in September 2008, which could not take effect because abutting property owner CSX Transportation had not been given the proper six-week notice and had not consented to the sale of the 0.4 acres of McLean Avenue and Richmond Street, part of a parking lot located behind the bank's Dalton Street facility.

National City will pay $17,500 for the property.

The bank has said previously that the planned expansion will cost between $45 million and $55 million and will add 75 to 125 new jobs.

Previous reading on BC:
City, National City try again in Queensgate (1/26/09)
National City gets Queensgate expansion room (10/1/08)
Street sale would aid National City expansion, add more than 75 jobs (9/3/08)